Joseph McCormick - One Gas President

OGS Stock  USD 77.59  0.60  0.78%   

President

Mr. Joseph L. McCormick is the Senior Vice President, General Counsel, Assistant Secretary of One Gas, Inc. Since January 2008 he served as vice president and associate general counsel of ONEOK and was responsible for legal matters of ONEOKs natural gas distribution segmentOklahoma Natural Gas, Kansas Gas Service and Texas Gas Service, each of which will become a part of our company following the distribution. Mr. McCormick joined ONEOK in 2003 as the managing attorney of Oklahoma Natural Gas. Prior to that, he served as an assistant attorney general with the Oklahoma attorney generals office and as an assistant general counsel with the Oklahoma Insurance Department. Mr. McCormick is a graduate of Leadership TulsaClass 46. Mr. McCormick also has served as a board member of the Oklahoma Individual SelfInsured Guaranty Fund, the Urban League of Greater Oklahoma City, the Lyric Theatre and the Oklahoma Huntington Disease Society. Mr. McCormick is a member of the Oklahoma Bar Association and the Association of Corporationrationrate Counsel since 2014.
Age 64
Tenure 10 years
Address 15 East Fifth Street, Tulsa, OK, United States, 74103
Phone918 947 7000
Webhttps://www.onegas.com
McCormick earned a Bachelor of Arts degree in public administration in 1984 from the University of Central Oklahoma in Edmond and a Juris Doctorate in 1987 from the University of Oklahoma College of Law in Norman.

One Gas Management Efficiency

The company has Return on Asset of 0.0311 % which means that on every $100 spent on assets, it made $0.0311 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0793 %, implying that it generated $0.0793 on every 100 dollars invested. One Gas' management efficiency ratios could be used to measure how well One Gas manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.07 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, One Gas' Non Currrent Assets Other are comparatively stable compared to the past year. Other Assets is likely to gain to about 420.8 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 5.2 B in 2024.
One Gas has 3.07 B in debt with debt to equity (D/E) ratio of 1.7, which is OK given its current industry classification. One Gas has a current ratio of 0.9, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for One to invest in growth at high rates of return.

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ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. ONE Gas, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma. One Gas operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 3600 people. One Gas (OGS) is traded on New York Stock Exchange in USA. It is located in 15 East Fifth Street, Tulsa, OK, United States, 74103 and employs 3,900 people. One Gas is listed under Gas Utilities category by Fama And French industry classification.

Management Performance

One Gas Leadership Team

Elected by the shareholders, the One Gas' board of directors comprises two types of representatives: One Gas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of One. The board's role is to monitor One Gas' management team and ensure that shareholders' interests are well served. One Gas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, One Gas' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Gibson, Non-Executive Chairman of the Board
Joseph JD, General VP
Pierce Norton, President, Chief Executive Officer, Director
Mark Bender, Senior Vice President - Administration and Chief Information Officer
Robert McAnnally, Chief Operating Officer, Senior Vice President
Brian Shore, Corporate Secretary
Caron Lawhorn, Chief Financial Officer, Senior Vice President
Tracy Hart, Independent Director
Christopher CFA, Senior CFO
Robert Evans, Independent Director
Eduardo Rodriguez, Lead Independent Director
Michael Hutchinson, Independent Director
Kent Shortridge, Senior Vice President - Operations & Customer Service
Angela Kouplen, Senior Officer
Julie White, Vice Communications
Pattye Moore, Independent Director
Curtis Dinan, Senior Vice President, Chief Commercial Officer
Jeffrey Husen, Vice President Chief Accounting Officer and Controller
Curtis CPA, Senior COO
Douglas Yaeger, Independent Director
Joseph McCormick, Senior Vice President, General Counsel, Assistant Secretary
Robert JD, CEO President
Brandon Lohse, Director Relations
Brian Brumfield, Chief VP

One Stock Performance Indicators

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Thematic Opportunities

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