ONE Gas Announces Dual Listing on NYSE Texas
ONE Gas, Inc. (NYSE: OGS) has officially declared the dual listing of its stock on NYSE Texas, effective immediately. This strategic move not only affirms ONE Gas's commitment to expanding its market presence but also aims to improve investor access to its shares.
Strategic Importance of Dual Listing
Robert S. McAnnally, president and CEO of ONE Gas, expressed enthusiasm about the dual listing, stating, "This is a natural step in our long-standing commitment to Texas, where we've invested for years and forged deep community ties. We view this dual listing as a way to broaden awareness of our mission to deliver safe, affordable, and reliable natural gas to our customers." The acknowledgment of Texas as a key market underlines the company's strategic positioning within the region.
Company Overview
ONE Gas, Inc. is a fully regulated natural gas utility and is recognized as one of the largest natural gas distributors in the U.S. As a member of the S&P MidCap 400 Index, it maintains its reputation by providing reliable energy solutions to over 2.3 million customers across Kansas, Oklahoma, and Texas. The company operates through three primary divisions: Kansas Gas Service, Oklahoma Natural Gas, and Texas Gas Service, ensuring it meets diverse energy needs across its service areas.
Commitment to Community and Customers
With its headquarters in Tulsa, ONE Gas continues to focus on delivering exceptional service and engaging with communities. By enhancing its trading capabilities through the dual listing on NYSE Texas, ONE Gas is poised to help investors engage more easily with the company, improving overall visibility and appeal.
Investor Relations and Future Insights
The NYSE will remain the main exchange for ONE Gas, where its shares will continue to trade under the ticker symbol "OGS". This dual listing is anticipated not only to boost market presence but also to provide investors with greater flexibility and choice in trading their shares. ONE Gas is actively focused on innovative practices and broadened investor outreach, ensuring that it remains an industry leader in the natural gas sector.
Contact Information
For further inquiries, Angela Dailey is the Analyst Contact available at 918-947-7411, with Leah Harper as the Media Contact at 918-947-7123. ONE Gas encourages interested parties to reach out with any questions or requests for information.
Frequently Asked Questions
What does dual listing mean for ONE Gas?
A dual listing allows ONE Gas to be traded on two exchanges, enhancing visibility and accessibility for investors.
Why is Texas significant for ONE Gas?
Texas represents a major market for ONE Gas, where the company has established investments and strong community ties.
How large is ONE Gas in the natural gas industry?
ONE Gas is among the largest natural gas utilities in the United States, providing services to over 2.3 million customers.
What is the ticker symbol for ONE Gas?
ONE Gas trades under the ticker symbol “OGS” on both the NYSE and NYSE Texas.
Who should I contact for investor relations?
For investor inquiries, you can contact Erin Dailey at 918-947-7411.
