Skip to main content
    O

    One Gas Inc (OGS)

    Official site

    UTILITIES • UTILITIES - REGULATED GAS • NYSE

    $74.56
    +0.51 (+0.68%)

    Market Cap: $4.75B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    69%(27/39)
    Avg Surprise
    +3.57%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.48
    Range$0.42 - $0.54
    6 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate DriftChange to current
    90d ago$0.49-2.6%
    60d ago$0.48-1.4%
    30d ago$0.48-0.4%
    7d ago$0.48-0.1%
    Current$0.48
    Revenue Consensus
    $395M
    Range$391M - $402M
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.64
    Range$1.60 - $1.69
    10 analysts
    Revenue Consensus
    $740M
    Range$559M - $904M
    8 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.64---
    Sep 26EST
    		-$0.48---
    Jun 26
    Reported Aug 4
    		$0.82$0.65+26.15%Beat+54.7%
    Mar 26
    Reported May 4
    		$2.11$2.16-2.31%Miss+6.6%
    Dec 25
    Reported Feb 18
    		$1.48$1.42+4.23%Beat+10.4%
    Sep 25
    Reported Nov 3
    		$0.44$0.42+4.76%Beat+30.4%
    Jun 25
    Reported Aug 5
    		$0.53$0.53+0.00%Beat+10.4%
    Mar 25
    Reported May 5
    		$1.98$1.86+6.45%Beat+13.1%
    Dec 24
    Reported Feb 19
    		$1.34$1.33+0.43%Beat+5.5%
    Sep 24
    Reported Nov 4
    		$0.34$0.39-13.46%Miss-25.0%
    Jun 24
    Reported Aug 5
    		$0.48$0.49-2.04%Miss-17.2%
    Mar 24
    Reported May 6
    		$1.75$1.76-0.57%Miss-4.9%
    Dec 23
    Reported Feb 21
    		$1.27$1.27+0.00%Beat+3.3%
    Sep 23
    Reported Oct 30
    		$0.45$0.42+7.14%Beat+2.3%
    Jun 23
    Reported Jul 31
    		$0.58$0.59-1.69%Miss-1.7%
    Mar 23
    Reported May 1
    		$1.84$1.86-1.08%Miss+0.5%
    Dec 22
    Reported Feb 22
    		$1.23$1.21+1.65%Beat+9.8%
    Sep 22
    Reported Oct 31
    		$0.44$0.42+4.76%Beat+15.8%
    Jun 22
    Reported Aug 1
    		$0.59$0.59+0.00%Beat+5.4%
    Mar 22
    Reported May 2
    		$1.83$1.93-5.18%Miss+2.2%
    Dec 21
    Reported Feb 23
    		$1.12$1.12+0.00%Beat+2.8%
    Sep 21
    Reported Nov 1
    		$0.38$0.38+0.00%Beat-2.6%
    Jun 21
    Reported Aug 2
    		$0.56$0.51+9.80%Beat+16.7%
    Mar 21
    Reported May 3
    		$1.79$1.81-1.10%Miss+4.1%
    Dec 20
    Reported Feb 25
    		$1.09$1.07+1.87%Beat+13.5%
    Sep 20
    Reported Nov 2
    		$0.39$0.35+11.43%Beat+18.2%
    Jun 20
    Reported Jul 27
    		$0.48$0.46+4.35%Beat+4.3%
    Mar 20
    Reported Apr 27
    		$1.72$1.78-3.37%Miss-2.3%
    Dec 19
    Reported Feb 19
    		$0.96$0.95+1.05%Beat+14.3%
    Sep 19
    Reported Oct 28
    		$0.33$0.33+0.00%Beat+6.5%
    Jun 19
    Reported Jul 29
    		$0.46$0.41+12.20%Beat+17.9%
    Mar 19
    Reported Apr 29
    		$1.76$1.73+1.73%Beat+2.3%
    Dec 18
    Reported Feb 20
    		$0.84$0.85-1.18%Miss-2.3%
    Sep 18
    Reported Oct 29
    		$0.31$0.27+14.81%Beat-13.9%
    Jun 18
    Reported Jul 30
    		$0.39$0.32+21.88%Beat+0.0%
    Mar 18
    Reported Apr 30
    		$1.72$1.48+16.22%Beat+19.4%
    Dec 17
    Reported Feb 21
    		$0.86$0.89-3.37%Miss+7.5%
    Sep 17
    Reported Oct 30
    		$0.36$0.29+24.14%Beat-
    Jun 17
    Reported Jul 31
    		$0.39$0.42-7.14%Miss-
    Mar 17
    Reported May 1
    		$1.44$1.35+6.67%Beat-
    Dec 16
    Reported Feb 22
    		$0.80$0.80+0.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.65%
    Forward Annual Dividend$2.72
    Payout Ratio32.98%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Aug, Dec

    Growth

    3Y CAGR+2.62%
    5Y CAGR+4.41%
    OGS dividend history and ex-dividend datesRun OGS in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio15.37EV/EBITDA10.14x
    Price/FCF-27.16xFCF Yield-3.68%
    Profitability
    Profit Margin12.50%Operating Margin19.90%
    ROE8.58%ROIC5.80%
    Financial Health
    Debt/Equity0.95xInterest Coverage3.58x
    Current Ratio0.48xQuick Ratio0.30x
    Trading Statistics
    Beta0.63Avg Volume684.06K
    52-Week High$89.2752-Week Low$70.37

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$73.26
    SMA 20$72.96
    SMA 50$76.81
    SMA 200$80.14
    EMA 10$73.55
    EMA 20$73.89
    EMA 50$75.70
    EMA 200$78.30

    MACD

    Line: -0.77Signal: -1.24Hist: 0.48

    ADX

    ADX: 30.9+DI: 22.0-DI: 22.4

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down60.0
    PSAR$72.02

    Bollinger Bands

    Upper Band$75.14
    Lower Band$70.77
    %B Position599%(Upper)
    Band Width0.87

    RSI (14-Day)

    Neutral
    51.2

    Momentum Oscillators

    Stoch %K87.6
    Stoch %D85.9
    Williams %R-16.5
    ROC (10d)4.0%
    Momentum2.85
    CCI (20d)126.9
    MFI (14d)53.0

    Volatility Measures

    ATR (14d)$1.36(1.8%)
    StdDev (20d)1.09
    Hist Vol14.5%(Low)

    Volume Flow

    VWAP$74.73
    OBV-1.9M
    AD Line-436.5M
    CMF (20d)0.076

    Volume Metrics

    Avg Vol (20d)701.5K
    Vol Ratio0.8x
    VWMA (20d)$72.96

    Pivot Points

    R3$76.25
    R2$75.41
    R1$74.73
    Pivot Point$73.90
    S1$73.22
    S2$72.38
    S3$71.70

    Advanced Oscillators

    TSI-19.32
    Ultimate Osc59.1
    KST-59.86

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$411.64M$831.71M$689.37M$379.13M$423.74M$935.19M$630.70M$340.40M$354.14M$758.32M$605.92M$335.82M
    Cost of Revenue$252.73M$565.33M$470.33M$236.81M$272.57M$672.99M$430.94M$208.82M$212.31M$535.89M$409.04M$210.18M
    Gross Profit$158.91M$266.38M$219.04M$142.31M$151.17M$262.20M$199.76M$131.57M$141.83M$222.43M$196.88M$125.64M
    Operating Expenses$76.24M$76.78M$79.31M$76.93M$79.31M$81.70M$75.45M$72.13M$72.55M$76.57M$89.74M$68.44M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$82.67M$189.59M$139.73M$65.38M$71.86M$180.50M$124.31M$59.45M$69.28M$145.86M$107.14M$57.20M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$31.10M$32.36M$36.46M$35.37M$35.28M$35.70M$39.76M$39.15M$36.97M$31.36M$29.78M$27.96M
    Income Before Tax$56.79M$155.14M$104.62M$32.37M$39.15M$145.32M$84.66M$23.28M$33.29M$118.01M$82.02M$29.30M
    Income Tax Expense$9.98M$26.46M$18.31M$5.91M$7.12M$25.90M$7.63M$4.01M$6.04M$18.69M$11.29M$4.11M
    Net Income$46.81M$128.67M$86.31M$26.47M$32.03M$119.42M$77.02M$19.27M$27.24M$99.32M$70.73M$25.19M
    EBITDA$164.13M$264.28M$220.38M$144.68M$153.74M$262.72M$199.87M$134.56M$142.81M$225.94M$184.38M$125.69M
    EBIT$87.89M$187.50M$141.08M$67.74M$74.43M$181.02M$124.42M$62.43M$70.26M$149.37M$111.80M$57.26M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about OGS

    Government Contracts

    Gov Obligations (TTM)
    $7.11M
    Gov Obligations / Revenue
    0.3%
    Obligations YoY
    -34.0%
    Active Awards
    17
    New Awards (TTM)
    4
    Avg Remaining Term
    415.9 mo

    Top agency: Department of Defense at 90.2% of trailing twelve month obligations across 5 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    15B51025F00000119Department of JusticeFederal Prison System / Bureau of Prisons$163436Oct 1, 2025
    15B50726F00000010Department of JusticeFederal Prison System / Bureau of Prisons$80000Oct 1, 2025
    191BWC26P0020Department of StateInternational Boundary and Water Commission: U.S.-Mexico$10114Oct 1, 2025
    15M30025PA3700039Department of JusticeU.S. Marshals Service$7980Oct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Jefferies cuts ONE Gas stock target to USD 80.00

    Jefferies has reduced its price target for ONE Gas (OGS) from $103.00 to $80.00, while downgrading the stock from Buy to Hold. This adjustment comes as ONE Gas reported second-quarter revenue of $411.64 million...

    ad-hoc-news.de•10/15/26•Somewhat-Bearish

    Trading the Move, Not the Narrative: (OGS) Edition

    This article provides an AI-generated analysis for One Gas Inc. (NYSE: OGS), highlighting a neutral sentiment and a mid-channel oscillation pattern. It presents three institutional trading strategies—Position Trading...

    Stock Traders Daily•10/13/26•Neutral

    ONE Gas (OGS) Shares Slip After Jefferies Downgrade Amid Interest Rate and Earnings Concerns

    ONE Gas (OGS) shares fell after Jefferies downgraded the stock from Buy to Hold, cutting the price target due to high interest rates, muted 2027 earnings expectations...

    GuruFocus•10/8/26•Bearish

    ONE Gas downgraded at Jefferies on interest rate concerns, Texas uncertainty (OGS:NYSE)

    Jefferies downgraded ONE Gas (OGS) to Hold from Buy, lowering its price target due to anticipated headwinds from prolonged high interest rates, subdued FY 2027 earnings expectations...

    Seeking Alpha•10/8/26•Neutral

    Jefferies cuts target for ONE Gas stock to USD 80

    Jefferies downgraded ONE Gas (OGS) from Buy to Hold and reduced its price target from USD 103 to USD 80 on October 7, 2026, citing higher interest rates, muted fiscal 2027 earnings expectations...

    AD HOC NEWS•10/8/26•Bearish

    OGS Valuation and Fair Value

    P/E
    15.4x
    Forward P/E
    17.4x
    EV/EBITDA
    10.1x
    P/FCF
    -27.2x
    PEG
    4.2x
    P/B
    1.3x
    See GNG's fair value

    OGS Profitability: Margins, ROIC and FCF

    Gross margin
    34.0%
    Operating margin
    19.9%
    Net margin
    12.5%
    ROIC
    5.8%
    ROE
    8.6%
    FCF margin
    -7.5%
    FCF yield
    -3.7%

    OGS Competitors

    CompanyTicker
    Spire IncSR
    Brookfield Infrastructure CorpBIPC
    Clearway Energy IncCWEN-A
    NorthWestern CorporationNWE
    Portland General Electric CoPOR
    TransAlta CorpTAC
    Oklo Inc.OKLO
    Algonquin Power & Utilities CorpAQN

    Sector: Utilities

    OGS Analyst Ratings

    Consensus
    Buy
    Analysts
    10
    Strong Buy
    1
    Buy
    6
    Hold
    3
    Sell
    0
    Strong Sell
    0

    OGS Bull Case vs Bear Case

    Bull case

    • 70.0% of OGS's analyst ratings are Buy or Strong Buy.

    Bear case

    • OGS's quarterly revenue changed -2.9% year over year.

    OGS Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    3.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.48
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 0 down

    OGS Dividend

    Forward yield
    3.6%
    Payout ratio
    33.0%
    3Y DPS growth
    2.6%
    5Y DPS growth
    4.4%
    Pay months
    Mar, Jun, Aug, Dec
    OGS dividend history

    Frequently Asked Questions About OGS

    What is OGS's current dividend yield?

    One Gas Inc (OGS) has a forward dividend yield of 3.65%.

    Does OGS pay dividends?

    Yes, One Gas Inc pays dividends with a forward dividend yield of 3.65%.

    What is OGS's P/E ratio?

    One Gas Inc has a price-to-earnings (P/E) ratio of 15.37.

    What is OGS's market cap?

    One Gas Inc (OGS) has a market capitalization of $4.75B with a current stock price of $74.56.

    Related stocks

    Sector: Utilities

    All stocks starting with O

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In