First-quarter 2017 highlights include:

  • First-quarter 2017 net income was $76.5 million, or $1.44 per diluted share, compared with $64.7 million, or $1.22 per diluted share, in the first quarter 2016;
  • The adoption of a new share-based payment accounting standard in the first quarter 2017 resulted in a $5.2 million tax benefit, which contributed earnings of 10 cents per diluted share;
  • Actual heating degree days across the company‚Äôs service areas were 4,007 in the first quarter 2017, 24 percent warmer than normal and 12 percent warmer than the same period last year; and
  • The board of directors declared a quarterly dividend of 42 cents per share, or $1.68 per share on an annualized basis, payable on June 1, 2017, to shareholders of record at the close of business on May 15, 2017.
Data as of Jul 21, 2017 NYSE: OGS +1.79% 72.21 +1.27 Volume: 226,199 Market Cap Pricing delayed 20 minutes

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