ONE Gas, Inc. (NYSE:OGS) Q1 2024 Earnings Conference Call May 7, 2024 11:00 AM ET

Company Participants

Sid McAnnally - President & Chief Executive Officer
Chris Sighinolfi - Senior Vice President & Chief Financial Officer
Curtis Dinan - Senior Vice President & Chief Operating Officer

Conference Call Participants

David Arcaro - Morgan Stanley
Christopher Jeffrey - Mizuho Securities

Operator

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

At this time, I would like to turn the conference over to Aaron Daly [ph]. Please go ahead Ms. Daly.

Unidentified Company Representative

Thank you, Matt. Good morning everyone and thank you for joining us on our first quarter 2024 earnings conference call. This call is being webcast live and a replay will be available later today. After our prepared remarks, we're happy to take your questions. 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, the 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; Chris Sighinolfi, 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.

Sid McAnnally

Thanks, Aaron, and good morning everyone. We're happy to be with you this morning to discuss our first quarter performance. Based on our first quarter financial results, we're on track to achieve the midpoint of our 2024 financial guidance, despite warm winter weather in our service territory. Our success is made possible by the management of O&M expenses, realizing the efficiencies of bringing functions such as line locating in-house and the diligence of our coworkers and the execution of our strategic plan.

We continue to add new meters, which enhances affordability for our customers and we are engaging in regulatory activity as planned, helping us address the impact of recent economic developments, as we maintain our system and fund our growing business. We remain focused on our primary mission, the safe delivery of reliable natural gas to our customers.