One Gas (OGS) FY2020 Guidance Conference Call - Slideshow

Financial Performance Guidance - The company projects a net income range of $186 million to $198 million for 2020[6] - The company anticipates an EPS range of $344 to $368 per diluted share for 2020[6] - The company expects average annual EPS growth of 5% to 7% between 2019 and 2024[8] Rate Base and Growth - The company estimates an average rate base of $391 billion for 2020[6] - The company forecasts an average rate base growth of 7% between 2019 and 2024[6] - Oklahoma's rate base is estimated at $165 billion, Kansas at $112 billion, and Texas at $114 billion for 2020[39] Dividends and Payout Ratio - The company plans a quarterly dividend of 54 cents per share in 2020, subject to board approval[9] - The company targets a dividend payout ratio of 55% to 65% of net income[9] - The company anticipates average annual dividend growth of 6% to 8% between 2019 and 2024[13] Capital Expenditures and Cash Flow - The company expects capital expenditures and asset removal costs of $475 million in 2020[17] - The company anticipates cash flow from operations of $417 million in 2020, before changes in working capital[17] - The company estimates net financing needs of approximately $850 million to $900 million through 2024, with about 25% expected to be equity[17]