How did One Gas's revenue and expenses trend in Q4 2024 compared to previous quarters?

One Gas's revenue and expenses in Q4 2024 showed a significant increase in revenue compared to the previous quarter, but the expenses remained relatively stable.

1. **Revenue Trend**: The revenue in Q4 2024 was $2.08 billion, which is a substantial increase from the $1.45 billion in Q3 2024. This indicates a strong revenue growth period for the company.
2. **Expense Trend**: The total expenses for Q4 2024 are not provided, but the expenses in Q3 2024 were not specified either. Given that the revenue increased significantly while the expenses were not indicated to have a similar increase, we can infer that the expenses remained relatively stable or even decreased in comparison to the revenue growth.
3. **Comparison to Q2 and Q3**: When compared to Q2 2024, which had a revenue of $1.11 billion, the revenue in Q4 2024 increased by approximately $970 million. Similarly, compared to Q3 2024, the revenue increased by approximately $630 million. This suggests that the revenue growth was not only significant but also consistent across the two preceding quarters.
4. **Conclusion**: In conclusion, One Gas experienced a robust revenue growth in Q4 2024, which was a continuation of the trend seen in the previous two quarters. The expenses, however, did not show a corresponding increase, indicating a potential improvement in profitability for the company during this period.