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OGS · Current Report (Form 8-K) · Filed August 13, 2026

One Gas Inc — Current Report (Form 8-K)

Form
8-K
Filed
August 13, 2026
Period
Aug 11, 2026
Ticker
OGS
Accession
0001193125-26-349155
Boardroom Alpha · Filing insights

ONE Gas issues $375M of 5.45% notes due 2036; proceeds to repay debt and fund corporate purposes.

About One Gas Inc
Market cap
$5.0B
1Y TSR
+9.9%
3Y TSR
+5.7%
Board grade
B
Sector
Utilities
CEO
Robert S McAnnally
Last annual meeting: May 21, 2026 · View full One Gas Inc profile →
8-K
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

(Date of report) August 13, 2026

(Date of earliest event reported) August 11, 2026

 

 

ONE Gas, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Oklahoma   001-36108   46-3561936

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

15 East Fifth Street

Tulsa, OK 74103

(Address of principal executive offices) (Zip code)

(918) 947-7000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol

 

Name of exchange

on which registered

Common Stock, par value $0.01 per share   OGS  

New York Stock Exchange

Indicate by check

NYSE Texas

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 1.01

Entry into a Material Definitive Agreement

Underwriting Agreement

On August 11, 2026, ONE Gas, Inc. (“ONE Gas”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., RBC Capital Markets, LLC and Truist Securities, Inc., as representatives of the underwriters named therein (the “Underwriters”), with respect to the issuance and sale by ONE Gas of $375,000,000 aggregate principal amount of its 5.45% Senior Notes due 2036 (the “Notes”).

The Underwriting Agreement contains customary representations, warranties and agreements by ONE Gas and customary conditions to closing, indemnification obligations of ONE Gas, on the one hand, and the Underwriters, on the other hand, including for liabilities under the Securities Act of 1933, as amended (the “Securities Act”), obligations of the parties and termination provisions.

The foregoing description of the Underwriting Agreement is qualified in its entirety by reference to such Underwriting Agreement, a copy of which is filed herewith as Exhibit 1.1 and is incorporated herein by reference.

Supplemental Indentures and Notes

On August 13, 2026, ONE Gas completed the underwritten public offering (the “Offering”) of the Notes. The Offering of the Notes was registered under the Securities Act pursuant to ONE Gas’ shelf registration statement on Form S-3 which became automatically effective upon filing with Securities and Exchange Commission on February 23, 2026 (File No. 333-293655). ONE Gas anticipates using the net proceeds from the Offering to repay our $250 million unsecured term loan and amounts outstanding under its commercial paper program and for general corporate purposes.

The terms of the Notes are governed by the Indenture, dated as of August 13, 2026 (the “Base Indenture”), between ONE Gas and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), as supplemented by the Supplemental Indenture No. 1 (the “First Supplemental Indenture”) dated as of August 13, 2026.

Each of the Base Indenture, the First Supplemental Indenture and the form of the Notes is filed herewith as Exhibit 4.1, 4.2, and 4.3, respectively, and is incorporated herein by reference.


Affiliations

The Underwriters and their respective affiliates are full service financial institutions engaged in various activities, which may include securities trading, commercial and investment banking, financial advisory, investment management, principal investment, hedging, financing and brokerage activities. The Underwriters and their respective affiliates have provided in the past and may provide from time to time in the future certain commercial banking, financial advisory, investment banking and other services for ONE Gas or its subsidiaries for which they will receive customary fees. Affiliates of certain of the Underwriters are also lenders under ONE Gas’ credit facility, term loan and dealers under ONE Gas’ $1.5 billion commercial paper program.

The Trustee and certain of its affiliates have from time to time performed, and may in the future perform, various financial advisory, commercial and investment banking services for ONE Gas for which they received or will receive customary fees and expenses. The Trustee is a lender under ONE Gas’ credit facility.

 

Item 2.03

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information included in Item 1.01 with respect to the Notes and the Indenture above is incorporated herein by reference.

 

Item 9.01

Financial Statements and Exhibits

(d) Exhibits

 

Exhibit

Number

   Description
 1.1    Underwriting Agreement, dated August 11, 2026, between ONE Gas, Inc., and BofA Securities, Inc., RBC Capital Markets, LLC and Truist Securities, Inc., as representatives of the several underwriters named therein.
 4.1    Indenture, dated as of August 13, 2026, between ONE Gas, Inc. and U.S. Bank National Association, as trustee.
 4.2    First Supplemental Indenture, dated as of August 13, 2026, between ONE Gas, Inc. and U.S. Bank Trust Company, National Association, as trustee, with respect to the 5.45% Senior Notes due 2036.
 4.3    Form of Notes due 2036 (included in Exhibit 4.2 above).
 5.1    Opinion of GableGotwals.
 5.2    Opinion of Skadden, Arps, Slate, Meagher & Flom LLP.
23.1    Consent of GableGotwals (included in Exhibit 5.1 hereto).
23.2    Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included in Exhibit 5.2 hereto).
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

      ONE Gas, Inc.
Date: August 13, 2026     By:  

/s/ Brian K. Shore

     

Brian K. Shore

Vice President, Associate General Counsel and Secretary

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Reference

Frequently asked questions

When did One Gas Inc file this 8-K?
One Gas Inc (OGS) filed this Current Report (Form 8-K) with the SEC on August 13, 2026. The accession number assigned by EDGAR is 0001193125-26-349155.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
ONE Gas issues $375M of 5.45% notes due 2036; proceeds to repay debt and fund corporate purposes. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find One Gas Inc's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K One Gas Inc has filed under CIK 1587732, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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