Fourth-quarter and full-year 2017 highlights include:

  • Fourth-quarter 2017 net income increased to $47.1 million, or $0.89 per diluted share, compared with $42.3 million, or $0.80 per diluted share, in the fourth quarter 2016;
  • Full-year 2017 net income also increased to $163.0 million, or $3.08 per diluted share, compared with $140.1 million, or $2.65 per diluted share, in 2016;
  • Full-year 2017 results include a $0.10 per share contribution from adoption of the share-based compensation accounting standard in the first quarter of 2017. Full-year 2017 and fourth-quarter 2017 results include a $0.07 per share contribution from the accounting authority order approved by the Kansas Corporation Commission and a $0.04 per share negative impact from federal tax reform.
  • Full-year 2017 capital expenditures were $356.4 million, compared with $309.0 million in 2016;
  • On Jan. 16, 2018, the company increased its quarterly dividend 4 cents to 46 cents per share, or $1.84 per share on an annualized basis, payable on Mar. 9, 2018, to shareholders of record at close of business Feb. 23, 2018; and
  • On Jan. 16, 2018, the company announced that its 2018 net income is expected to be in the range of $156 million to $168 million, or $2.96 to $3.20 per diluted share.
Data as of Apr 24, 2018 NYSE: OGS +0.74% 68.39 +0.50 Volume: 289,761 Market Cap Pricing delayed 20 minutes

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