ONE Gas, Inc. (NYSE:OGS) Q2 2022 Earnings Conference Call August 2, 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

Kody Clark - Bank of America

Robert Mosca - Mizuho Securities

Jamieson Ward - Guggenheim Partners

Operator

Good day, and welcome to the ONE Gas Second 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 second quarter 2022 earnings conference call. This call is being webcast live and a replay will be made available later today. After our prepared remarks, we'll be happy to take your questions. 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.

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.

The last three years have tested all of us, calling us to be flexible and resilient in the face of significant challenges. At ONE Gas, we committed to meet those challenges, while maintaining our focus on three targets, a strong safety culture, excellent customer service, and building the capacity to respond to the organic growth in our service territory. Today, we provide an update on our progress on those three targets.

The American Gas Association recognized our employees for having the lowest serious injury rate among our peers for the fifth consecutive year. A national consumer research firm recognized our teams in Oklahoma and Texas for outstanding customer service.

And earlier this year, in our guidance, we significantly increased our capital program to expand investments that strengthen our system, while also responding to our growing customer base. Last year, we added a fourth commitment, a stronger focus on ESG opportunities, and you'll hear more about that in a moment.