ONE Gas, Inc. (NYSE:OGS) Q3 2022 Earnings Conference Call November 1, 2022 11:00 AM ET

Company Participants

Brandon Lohse - Director, IR

Robert McAnnally - President and CEO

Caron Lawhorn - SVP and CFO

Curtis Dinan - SVP and COO

Conference Call Participants

Operator

Good day, and welcome to the ONE Gas Third Quarter Earnings Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Brandon Lohse. Please go ahead, sir.

Brandon Lohse

Good morning, and thank you for joining us on our Third quarter 2022 earnings live webcast. A replay will be made available later today. We apologize for this morning's technical difficulties. If you have a question, feel free to ask that question at any point during the course of this call. And that number you will need to dial to ask that question is 539-444-8542 and the passcode is 342084332. Again, in order to ask a question during the call, feel free to dial this number at any point during the call, and we will get to questions at the end of the conference call. Again, the number is 539-444-8542 passcode 342084332. I'll repeat that information at the end of our prepared remarks.

A reminder that statements made during this call that might include ONE Gas' expectations or predictions should be considered forward-looking statements and are covered by the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, Securities Act of 1933, and the Securities and Exchange Act of 1934 each as amended. Actual results could differ materially from those projected in any forward-looking statements. For a discussion of factors that could cause actual results to differ, please refer to our SEC filings.

Before we begin, I wanted to mention that last night we issued a corrected earnings news release after we realized that a line item was inadvertently omitted from the Financing Activities section in the statements of cash flows in the appendix. The corrected news release is available on our website.

Joining us on the call this morning are Sid McAnnally, President and Chief Executive Officer; Caron Lawhorn, Senior Vice President and Chief Financial Officer; and Curtis Dinan, Senior Vice President and Chief Operating Officer.

And now I'll turn the call over to Sid.

Robert McAnnally

Thanks, Brandon, and good morning, everyone.

Our earnings release reflects steady performance towards the guidance we provided in January, as evidenced by the completion of Winter Storm Uri securitization in Oklahoma, which carried with it a credit rating upgrade from S&P. A record number of new meters set through the first nine months of the year and capital execution that remains on track to hit approximately $650 million this year.