ONE Gas Management

Management criteria checks 2/4

ONE Gas' CEO is Sid McAnnally, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is $4.50M, comprised of 16.3% salary and 83.7% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth €2.65M. The average tenure of the management team and the board of directors is 3.4 years and 6.3 years respectively.

Key information

Sid McAnnally

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage	16.3%
CEO tenure	3.4yrs
CEO ownership	0.06%
Management average tenure	3.4yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sid McAnnally's remuneration changed compared to ONE Gas's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$217m
Jun 30 2024	n/a	n/a	US$222m
Mar 31 2024	n/a	n/a	US$228m
Dec 31 2023	US$5m	US$735k	US$231m
Sep 30 2023	n/a	n/a	US$228m
Jun 30 2023	n/a	n/a	US$226m
Mar 31 2023	n/a	n/a	US$225m
Dec 31 2022	US$3m	US$675k	US$222m
Sep 30 2022	n/a	n/a	US$215m
Jun 30 2022	n/a	n/a	US$212m
Mar 31 2022	n/a	n/a	US$210m
Dec 31 2021	US$3m	US$545k	US$206m
Sep 30 2021	n/a	n/a	US$204m
Jun 30 2021	n/a	n/a	US$205m
Mar 31 2021	n/a	n/a	US$200m
Dec 31 2020	US$2m	US$421k	US$196m
Sep 30 2020	n/a	n/a	US$189m
Jun 30 2020	n/a	n/a	US$186m
Mar 31 2020	n/a	n/a	US$185m
Dec 31 2019	US$1m	US$380k	US$187m
Sep 30 2019	n/a	n/a	US$180m
Jun 30 2019	n/a	n/a	US$179m
Mar 31 2019	n/a	n/a	US$175m
Dec 31 2018	US$1m	US$365k	US$172m
Sep 30 2018	n/a	n/a	US$175m
Jun 30 2018	n/a	n/a	US$177m
Mar 31 2018	n/a	n/a	US$177m
Dec 31 2017	US$1m	US$350k	US$163m

Compensation vs Market: Sid's total compensation ($USD4.50M) is above average for companies of similar size in the German market ($USD1.92M).

Compensation vs Earnings: Sid's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Sid McAnnally (60 yo)

3.4yrs

Tenure

US$4,504,545

Compensation

Mr. Robert S. McAnnally, also known as Sid, serves as President, Chief Executive Officer and Manager of Kansas Gas Service Securitization I, L.L.C. Mr. McAnnally serves as President, Chief Executive Office...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert McAnnally	President	3.4yrs	US$4.50m	0.063% € 2.7m
Curtis Dinan	Senior VP & COO	3.4yrs	US$2.43m	0.25% € 10.5m
Mark Bender	Senior VP of Administration & Chief Information Officer	10.6yrs	US$997.00k	0.044% € 1.8m
Joseph McCormick	Senior VP	10.8yrs	US$1.53m	0.13% € 5.4m
Christopher Sighinolfi	Senior VP & CFO	less than a year	no data	0.0018% € 73.2k
Brian Brumfield	VP, Chief Accounting Officer & Controller	2yrs	no data	no data
Julie White	Vice President of Communications	6.8yrs	no data	no data
Angela Kouplen	Senior VP & Chief Human Resources Officer	1.2yrs	no data	no data
W. Shortridge	Senior Vice President of Operations & Customer Service	2.7yrs	no data	0.019% € 774.6k
Brian Shore	Corporate Secretary	no data	no data	no data

3.4yrs

Average Tenure

56.5yo

Average Age

Experienced Management: OG9's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert McAnnally	President	3.4yrs	US$4.50m	0.063% € 2.7m
Pattye Moore	Independent Director	10.8yrs	US$230.00k	0.00088% € 36.8k
Eduardo Rodriguez	Lead Independent Director	10.8yrs	US$265.00k	0.023% € 943.6k
John Gibson	Non-Executive Chairman of the Board	10.8yrs	US$359.39k	0.48% € 20.1m
Tracy Hart	Independent Director	6.3yrs	US$225.00k	0.014% € 568.4k
Yves Siegel	Director	less than a year	no data	no data
Deborah A. Hersman	Independent Director	1.4yrs	US$203.37k	0% € 0
Michael Hutchinson	Independent Director	10.8yrs	US$225.00k	0.030% € 1.2m
Sanjay Meshri	Director	less than a year	no data	0.0030% € 124.6k

6.3yrs

Average Tenure

64yo

Average Age

Experienced Board: OG9's board of directors are considered experienced (6.3 years average tenure).

ONE Gas Management

Management criteria checks 2/4

Key information

Recent management updates

One Gas, Inc. Announces Board Appointments

Insufficient new directors

ONE Gas, Inc., Annual General Meeting, May 23, 2024

ONE Gas, Inc. Announces Chief Financial Officer Changes

ONE Gas, Inc. Appoints Angela E. Kouplen Senior Vice President - Chief Human Resources Officer

ONE Gas, Inc. Adds New Member to Board of Directors

Recent updates

Third quarter dividend of US$0.66 announced

New minor risk - Shareholder dilution

Third quarter 2024 earnings released: EPS: US$0.34 (vs US$0.45 in 3Q 2023)

ONE Gas, Inc. Declares Fourth Quarter 2024 Dividend, Payable on Dec. 4, 2024

New minor risk - Shareholder dilution

Upcoming dividend of US$0.66 per share

Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.59 in 2Q 2023)

ONE Gas, Inc. Reaffirms Earnings Guidance for the Year 2024

First quarter dividend of US$0.66 announced

ONE Gas, Inc. Declares Quarterly Dividend, Payable on August 30, 2024

One Gas, Inc. Announces Board Appointments

Insufficient new directors

First quarter dividend of US$0.66 announced

First quarter 2024 earnings released: EPS: US$1.75 (vs US$1.85 in 1Q 2023)

ONE Gas, Inc. Declares Quarterly Dividend, Payable on June 4, 2024

New minor risk - Shareholder dilution

Now 20% undervalued

ONE Gas, Inc., Annual General Meeting, May 23, 2024

New minor risk - Shareholder dilution

Full year 2023 earnings released: EPS: US$4.16 (vs US$4.09 in FY 2022)

Upcoming dividend of US$0.66 per share at 4.4% yield

Third quarter dividend of US$0.66 announced

ONE Gas, Inc. to Report Q4, 2023 Results on Feb 21, 2024

ONE Gas, Inc. Narrows Earnings Guidance for the Year 2023

ONE Gas, Inc. Issues Financial Guidance for 2024

ONE Gas, Inc. Announces Chief Financial Officer Changes

Upcoming dividend of US$0.65 per share at 4.2% yield

Third quarter 2023 earnings released: EPS: US$0.45 (vs US$0.44 in 3Q 2022)

ONE Gas, Inc. Provides Earnings Guidance for the Year 2023

ONE Gas, Inc. has completed a Follow-on Equity Offering in the amount of $88.8 million.

ONE Gas, Inc. Appoints Angela E. Kouplen Senior Vice President - Chief Human Resources Officer

Upcoming dividend of US$0.65 per share at 3.3% yield

Second quarter 2023 earnings released: EPS: US$0.59 (vs US$0.59 in 2Q 2022)

ONE Gas, Inc. Reaffirms Earnings Guidance for the Year 2023

One Gas Declares Quarterly Dividend,Payable on September 1, 2023

ONE Gas, Inc. Adds New Member to Board of Directors

Upcoming dividend of US$0.65 per share at 3.2% yield

First quarter 2023 earnings released: EPS: US$1.85 (vs US$1.84 in 1Q 2022)

Full year 2022 earnings released: EPS: US$4.09 (vs US$3.85 in FY 2021)

Upcoming dividend of US$0.65 per share at 3.2% yield

ONE Gas, Inc. to Report Q3, 2023 Results on Oct 30, 2023

ONE Gas, Inc. Revises 2022 Financial Guidance

Independent Director recently sold €73k worth of stock

Investor sentiment deteriorated over the past week

ONE Gas, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Insufficient new directors

Upcoming dividend of US$0.62 per share

ONE Gas, Inc. Appoints Brian F. Brumfield as Vice President, Chief Accounting Officer and Controller

Third quarter 2022 earnings released: EPS: US$0.44 (vs US$0.38 in 3Q 2021)

ONE Gas, Inc. Narrows Earnings Guidance for the Year 2022

Lead Independent Director recently sold €64k worth of stock

Upcoming dividend of US$0.62 per share

Second quarter 2022 earnings released: EPS: US$0.59 (vs US$0.56 in 2Q 2021)

ONE Gas Reaffirms Earnings Guidance for the Year 2022

ONE Gas, Inc. Declares Quarterly Dividend, Payable on September 1, 2022

ONE Gas, Inc. Declares Quarterly Dividend, Payable on September 1, 2022

Upcoming dividend of US$0.62 per share

First quarter 2022 earnings released: EPS: US$1.84 (vs US$1.79 in 1Q 2021)

ONE Gas, Inc. Declares Quarterly Dividend, Payable on June 1, 2022

Insufficient new directors

Independent Director recently sold €59k worth of stock

ONE Gas, Inc. Elects Kent Shortridge as Senior Vice President of Operations and Customer Service

ONE Gas, Inc., Annual General Meeting, May 26, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

ONE Gas, Inc. Reaffirms Earnings Guidance for the Year 2022

Upcoming dividend of US$0.62 per share

ONE Gas, Inc. to Report Q1, 2022 Results on May 02, 2022

One Gas, Inc. Provides Earnings Guidance for the Financial Year 2021 and 2022

Insufficient new directors