ONE Gas Inc has filed documents with the U.S. Securities and Exchange Commission, planning to publicly offer common stock to raise up to $225 million.

This issuance will be conducted in the form of a prospectus supplement, with specific terms such as the number of shares to be issued and the price range to be finally determined based on market conditions. The company stated that the funds raised will be used for general corporate purposes, which may include debt repayment, capital expenditures, and working capital, among others.