ONE Gas (OGS) Stock Price

ONE Gas Price

NYSE·CLOSED
77.65USD-0.44 (-0.57 %)
Market closed

Over the last 17 years ONE Gas grew revenue by 0.6% annually, reaching 2.43 B USD. Earnings per share have grown at 7.4% per year over the last 17 years. For ONE Gas, the net margin of 10.9% is broadly stable versus 11.4% a few years ago. At today's price the dividend yield works out to roughly 3.45%. The payout ratio is around 62% of earnings. The dividend has grown at 11.1% per year over the past 11 years. The consensus 12-month price target for ONE Gas is 91.80 USD, about 18.2% above where the stock trades today. Of 11 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 7% above its 52-week low.

ONE Gas stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of ONE Gas over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how ONE Gas stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing ONE Gas's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

ONE Gas Stock Price History
DateONE Gas Price
7/31/202677.65 USD
7/30/202678.09 USD
7/29/202680.57 USD
7/27/202680.43 USD
7/23/202679.98 USD
7/22/202680.27 USD
7/21/202678.61 USD
7/20/202679.45 USD
7/17/202679.74 USD
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7/13/202680.39 USD
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7/9/202678.83 USD
7/8/202677.33 USD
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7/6/202675.75 USD
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7/1/202676.30 USD
6/30/202677.07 USD
6/29/202678.43 USD
6/26/202679.64 USD
6/25/202678.63 USD
6/24/202678.07 USD
6/23/202677.99 USD
6/22/202676.96 USD
6/18/202676.36 USD
6/17/202676.57 USD
6/16/202677.51 USD
6/15/202677.81 USD
6/12/202677.57 USD
6/11/202677.56 USD
6/10/202677.69 USD
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6/5/202678.58 USD
6/4/202676.75 USD
6/3/202677.85 USD
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6/1/202676.68 USD
5/29/202678.14 USD
5/28/202679.91 USD
5/27/202680.83 USD
5/26/202681.90 USD
5/22/202682.07 USD
5/21/202682.56 USD
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4/10/202690.00 USD
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4/1/202686.56 USD
3/31/202686.13 USD
3/30/202686.17 USD
3/27/202684.95 USD
3/26/202685.79 USD
3/25/202685.22 USD
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3/20/202683.87 USD
3/19/202686.15 USD
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3/16/202686.99 USD
3/13/202687.49 USD
3/12/202686.89 USD
3/11/202686.14 USD
3/10/202686.23 USD
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3/6/202687.05 USD
3/5/202686.75 USD
3/4/202687.70 USD
3/3/202687.26 USD
3/2/202687.37 USD
2/27/202687.44 USD
2/26/202686.54 USD
2/25/202685.77 USD
2/24/202685.39 USD
2/23/202686.21 USD
2/20/202685.52 USD
2/19/202685.55 USD
2/18/202683.99 USD
2/17/202685.74 USD
2/13/202686.04 USD
2/12/202685.02 USD
2/11/202683.37 USD
2/10/202683.07 USD
2/9/202681.77 USD
2/6/202682.49 USD
2/5/202682.75 USD
2/4/202681.48 USD
2/3/202680.51 USD
2/2/202679.92 USD
1/30/202679.56 USD
1/29/202679.09 USD
1/28/202678.01 USD
1/27/202679.18 USD
1/26/202678.99 USD
1/23/202677.23 USD
1/22/202677.49 USD
1/21/202678.79 USD
1/20/202678.58 USD
1/16/202678.71 USD
1/15/202677.93 USD
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1/12/202676.80 USD
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1/7/202676.81 USD
1/6/202676.74 USD
1/5/202676.50 USD
1/2/202677.42 USD
12/31/202577.25 USD
12/30/202577.97 USD
12/29/202578.18 USD
12/26/202577.66 USD
12/24/202578.30 USD
12/23/202577.72 USD
12/22/202577.60 USD
12/19/202577.53 USD
12/18/202578.84 USD
12/17/202578.62 USD
12/16/202577.54 USD
12/15/202577.65 USD
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12/5/202578.75 USD
12/4/202578.75 USD
12/3/202579.79 USD
12/2/202580.69 USD
12/1/202582.69 USD
11/28/202583.74 USD
11/26/202583.46 USD
11/25/202582.97 USD
11/24/202582.74 USD
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11/20/202581.84 USD
11/19/202581.43 USD
11/18/202581.40 USD
11/17/202580.41 USD
11/14/202581.07 USD
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11/12/202581.77 USD
11/11/202582.04 USD
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11/5/202580.53 USD
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11/3/202581.50 USD
10/31/202580.19 USD
10/30/202580.77 USD
10/29/202580.56 USD
10/28/202582.66 USD
10/27/202583.17 USD
10/24/202582.78 USD
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10/22/202582.42 USD
10/21/202581.94 USD
10/20/202583.18 USD
10/17/202582.08 USD
10/16/202581.16 USD
10/15/202581.23 USD
10/14/202580.38 USD
10/13/202579.64 USD
10/10/202580.47 USD
10/9/202580.44 USD
10/8/202581.00 USD
10/7/202580.37 USD
10/6/202579.95 USD
10/3/202579.76 USD
10/2/202579.33 USD
10/1/202579.91 USD
9/30/202580.94 USD
9/29/202580.79 USD
9/28/202580.79 USD
9/25/202580.19 USD
9/24/202577.54 USD
9/23/202577.38 USD
9/22/202576.03 USD
9/19/202575.78 USD
9/18/202575.54 USD
9/17/202575.27 USD
9/16/202574.69 USD
9/15/202575.98 USD
9/12/202575.82 USD
9/11/202575.95 USD
9/10/202574.92 USD
9/9/202574.71 USD
9/8/202574.52 USD
9/5/202575.99 USD
9/4/202575.21 USD
9/3/202575.39 USD
9/2/202576.14 USD
8/29/202576.63 USD
8/28/202576.22 USD
8/27/202576.52 USD
8/26/202575.30 USD
8/25/202575.38 USD
8/22/202576.78 USD
8/21/202575.23 USD
8/20/202575.09 USD
8/19/202574.81 USD
8/18/202574.01 USD
8/15/202575.64 USD
8/14/202576.26 USD
8/13/202576.49 USD
8/12/202575.85 USD
8/11/202575.13 USD
8/8/202575.05 USD
8/7/202575.12 USD
8/6/202573.83 USD
8/5/202572.64 USD
8/4/202573.31 USD
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ONE Gas Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
2.37 B USD
377.59 M USD
231.23 M USD
Jan 1, 2024
2.08 B USD
399.04 M USD
222.85 M USD
Jan 1, 2025
2.43 B USD
457.47 M USD
264.22 M USD
Jan 1, 2026 (e)
2.48 B USD
423.76 M USD
293.80 M USD
Jan 1, 2027 (e)
2.56 B USD
437.60 M USD
303.90 M USD
Jan 1, 2028 (e)
2.64 B USD
450.93 M USD
330.24 M USD
Jan 1, 2029 (e)
2.76 B USD
471.16 M USD
348.26 M USD
Jan 1, 2030 (e)
2.85 B USD
486.92 M USD
367.11 M USD

ONE Gas Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 4, 2026, 5:29 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
1.551.431.541.631.651.531.812.582.372.082.432.482.562.642.762.85
-14.91-7.767.856.111.16-7.3818.1742.59-8.03-12.1516.512.273.263.044.513.33
27.6034.2034.1131.0532.3836.6732.2525.0630.7537.2158.8458.8458.8458.8458.8458.84
0.430.490.530.510.540.560.580.650.730.781.431.461.511.551.621.68
239.00288.00316.00288.00295.00303.00310.00349.00377.00399.00457.00423.00437.00450.00471.00486.00
15.4520.1820.5317.6417.8619.8017.1513.5415.9019.1618.8317.0417.0517.0417.0717.04
119.00140.00162.00172.00186.00196.00206.00221.00231.00222.00264.00293.00303.00330.00348.00367.00
9.1717.6515.716.178.145.385.107.284.52-3.9018.9210.983.418.915.455.46
1.501.751.681.842.002.162.322.482.602.642.682.722.842.97––
33.9316.67-4.009.528.708.007.416.904.841.541.521.494.414.58––
53.0752.9752.9753.2153.2753.1953.8454.5055.7557.4260.7860.7860.7860.7860.7860.78
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales ONE Gas generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue ONE Gas retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare ONE Gas's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares ONE Gas has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against ONE Gas's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

ONE Gas stock margins

The ONE Gas margin analysis displays the gross margin, EBIT margin, as well as the profit margin of ONE Gas. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for ONE Gas.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
32.29 %
17.15 %
11.41 %
Jan 1, 2022
25.08 %
13.57 %
8.60 %
Jan 1, 2023
30.74 %
15.92 %
9.75 %
Jan 1, 2024
37.20 %
19.15 %
10.70 %
Jan 1, 2025
58.85 %
18.85 %
10.88 %
Jan 1, 2026 (e)
58.85 %
17.07 %
11.83 %
Jan 1, 2027 (e)
58.85 %
17.07 %
11.85 %
Jan 1, 2028 (e)
58.85 %
17.07 %
12.50 %

ONE Gas Stock Revenue, EBIT, Earnings per Share

The ONE Gas earnings per share therefore indicates how much revenue ONE Gas has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
33.59 USD
5.76 USD
3.83 USD
Jan 1, 2022
47.30 USD
6.42 USD
4.07 USD
Jan 1, 2023
42.55 USD
6.77 USD
4.15 USD
Jan 1, 2024
36.29 USD
6.95 USD
3.88 USD
Jan 1, 2025
39.94 USD
7.53 USD
4.35 USD
Jan 1, 2026 (e)
41.03 USD
6.97 USD
4.86 USD
Jan 1, 2027 (e)
42.37 USD
7.20 USD
5.02 USD
Jan 1, 2028 (e)
43.66 USD
7.42 USD
5.46 USD

ONE Gas business model & stock analysis

ONE Gas Inc. is a leading US provider of natural gas, supplying customers in three regions in the states of Kansas, Oklahoma, and Texas. The company was founded in 1906 under the name "Oklahoma Natural Gas Company" and is headquartered in Tulsa, Oklahoma. ONE Gas is a publicly traded company listed on the New York Stock Exchange since 2014. It is a spin-off of ONEOK, the largest natural gas distributor in the USA. ONE Gas operates a network of approximately 37,000 miles of natural gas pipelines and serves over 2 million customers. In recent years, it has continuously invested in infrastructure expansion to meet high standards of safety and efficiency. The business model of ONE Gas is based on the delivery of natural gas to residential and commercial customers. The company is not a producer of natural gas but sources gas from various suppliers to distribute to its customers. ONE Gas utilizes a mix of short- and long-term supply contracts to mitigate fluctuations in gas prices and ensure a stable pricing level. ONE Gas operates in three business segments. The first segment is "Oklahoma Natural Gas," which serves customers in more than 250 communities in Oklahoma. The second segment is "Kansas Gas Service," which serves customers in around 360 communities in Kansas. The third segment is "Texas Gas Service," which serves customers in over 100 communities in the southern region of Texas. ONE Gas offers a range of services related to natural gas supply, including new customer connections, installation of gas meters and pipelines, as well as maintenance and repairs of infrastructure. The company also provides various programs to help customers lower their energy costs and optimize their consumption. ONE Gas places great emphasis on sustainability and is heavily engaged in environmental protection. The company utilizes innovative technologies and processes to reduce CO2 emissions and minimize environmental impact. For example, ONE Gas focuses on energy conservation through the use of energy-efficient gas pipelines and appliances. The company also considers the use of renewable energy sources such as biogas or hydrogen. Overall, ONE Gas has become one of the leading natural gas providers in the USA in recent years. The company has a long history and extensive experience in the field of natural gas supply. ONE Gas pursues a sustainable and customer-oriented strategy that aims to meet the growing demand for clean and efficient energy sources.

ONE Gas SWOT Analysis

Strengths

ONE Gas Inc has a strong financial position, with consistent revenue growth and healthy profit margins. This provides stability and allows for future investment and expansion.

The company has a well-established and extensive infrastructure, including a large network of pipelines, storage facilities, and distribution centers. This ensures reliable and efficient delivery of natural gas to customers.

ONE Gas Inc has a highly experienced and knowledgeable workforce, dedicated to safe and reliable operations. Their expertise in the natural gas industry contributes to the company's overall competence and success.

Weaknesses

Despite strong financials, ONE Gas Inc is dependent on factors beyond their control, such as natural gas prices and regulatory decisions. Fluctuations in these areas can impact profitability and revenue.

The company's operations are primarily focused on a limited geographical area, which may limit potential growth opportunities. Diversification across regions could provide more stability and expansion prospects.

ONE Gas Inc faces potential risks related to environmental concerns and regulations. As the demand for cleaner energy sources and emissions reduction increases, the company may need to adapt and invest in alternative energy solutions.

Opportunities

The growing focus on clean and renewable energy sources presents opportunities for ONE Gas Inc to invest in and provide natural gas as a transitional fuel. This can help meet increasing energy demands while minimizing environmental impact.

Expansion into new geographic markets or through strategic partnerships could provide growth opportunities for ONE Gas Inc. By diversifying their operations, the company can reduce dependency on a single market or region.

Advancements in technology and digitalization offer opportunities for ONE Gas Inc to enhance operational efficiency, optimize resource allocation, and improve customer service.

Threats

Increasing competition from other energy sources, such as renewables, poses a threat to ONE Gas Inc's market share and profitability. The company must adapt and differentiate its offerings to remain competitive.

Potential regulatory changes aimed at reducing greenhouse gas emissions and promoting renewable energy could disrupt ONE Gas Inc's traditional natural gas business model. Compliance with new regulations may require significant investments and operational adjustments.

Fluctuating natural gas prices and supply disruptions can pose threats to ONE Gas Inc's profitability and operational stability. The company needs to actively manage these risks through effective hedging strategies and supply chain management.

ONE Gas Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

ONE Gas Employees
Details
Date
ONE Gas Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

ONE Gas Segments

ONE Gas Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

ONE Gas historical P/E ratio, EBIT multiple, and P/S ratio

ONE Gas annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

ONE Gas shares outstanding

The number of shares of ONE Gas was 60.78 M in 2025. This indicates how many shares ONE Gas is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
53.84 M Stocks
Jan 1, 2022
54.50 M Stocks
Jan 1, 2023
55.75 M Stocks
Jan 1, 2024
57.42 M Stocks
Jan 1, 2025
60.78 M Stocks
Jan 1, 2026 (e)
60.78 M Stocks
Jan 1, 2027 (e)
60.78 M Stocks
Jan 1, 2028 (e)
60.78 M Stocks

ONE Gas Dividend History

13 years of dividend payments · 8 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.68USDYTD—1×
Feb 20, 20260.68USD↑ 1.5%1/1
20252.68USD↑ 1.5%4×
Feb 21, 20250.67USD↑ 1.5%1/4
May 19, 20250.67USD 0.0%2/4
Aug 18, 20250.67USD 0.0%3/4
Nov 14, 20250.67USD 0.0%4/4
20242.64USD↑ 1.5%4×
20232.60USD↑ 4.8%4×
20222.48USD↑ 6.9%4×
20212.32USD↑ 7.4%4×
20202.16USD↑ 8.0%4×
20192.00USD↑ 8.7%4×
20181.84USD↑ 9.5%4×
20171.68USD↓ 4.0%4×

ONE Gas dividend history and estimates

In 2025, ONE Gas paid a dividend amounting to 2.68 USD. Dividend means that ONE Gas distributes a portion of its profits to its owners.

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
2.32 USD
0.00 USD
Jan 1, 2022
2.48 USD
0.00 USD
Jan 1, 2023
2.60 USD
0.00 USD
Jan 1, 2024
2.64 USD
0.00 USD
Jan 1, 2025
2.68 USD
0.00 USD
Jan 1, 2026 (e)
0.68 USD
2.04 USD
Jan 1, 2027 (e)
0.00 USD
2.84 USD
Jan 1, 2028 (e)
0.00 USD
2.97 USD

ONE Gas dividend payout ratio

In 2025, ONE Gas had a payout ratio of 61.65%. The payout ratio indicates the percentage of the company's profits that ONE Gas distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
60.51 %
Jan 1, 2022
60.96 %
Jan 1, 2023
62.69 %
Jan 1, 2024
68.02 %
Jan 1, 2025
61.65 %
Jan 1, 2026 (e)
56.02 %
Jan 1, 2027 (e)
56.55 %
Jan 1, 2028 (e)
54.33 %

Current ONE Gas forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.27 %
Buy
54.55 % (6)
Hold
45.45 % (5)
Sell
0.00 % (0)
12M Price Target
91.80
Last Price
77.65
Currency
USD
12M Return Potential
18.22 %
LTM Return
0 %

ONE Gas Analyst Rating Actions

DateFirmActionRatingReliability
7/22/2026
Truist Securities
Truist Securities
MaintainedBuy–
7/17/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
6/9/2026
Mizuho
Mizuho
MaintainedOutperform31
5/18/2026
Truist Securities
Truist Securities
MaintainedBuy–
4/21/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
2/24/2026
Stifel
Stifel
MaintainedHold–
12/17/2025
UBS
UBS
MaintainedNeutral51
12/4/2025
B of A Securities
B of A Securities
MaintainedBuy70
12/3/2025
Mizuho
Mizuho
MaintainedOutperform31
11/18/2025
UBS
UBS
UpgradeSellNeutral51

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

ONE Gas Earnings Calls

2025

ONE Gas Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/4/20260.66USD-401.13 MUSD-2026 Q2
5/4/20262.29USD-988.90 MUSD-2026 Q1
2/18/20261.44USD-764.34 MUSD-2025 Q4
4/29/20241.78USD-1.02 BUSD-2024 Q1
2/20/20241.28USD-768.75 MUSD-2023 Q4
7/31/20230.62USD-381.60 MUSD-2023 Q2
5/1/20231.96USD-825.95 MUSD-2023 Q1
2/21/20231.24USD-445.20 MUSD-2022 Q4
10/31/20220.43USD-284.25 MUSD-2022 Q3
8/1/20220.59USD-333.40 MUSD-2022 Q2

EESG©

Eulerpool ESG Scorecard© for the ONE Gas stock

58/100
18
Environment
74
Social
83
Governance
E

Environment

20
Scope 1 - Direct Emissions417,058
Scope 2 - Indirect emissions from purchased energy4,203
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions421,261
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees25
Percentage of women in management—
Percentage of Asian employees1
Share of Asian management—
Percentage of Hispanic/Latino employees22
Hispano/Latino Management share—
Percentage of Black employees7
Black Management Share—
Percentage of white employees62
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

ONE Gas shareholder structure

% Name
15.06300%
BLACKROCK, INC.
BLACKROCK, INC.
12.28044%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
10.65055%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.93260%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
5.78846%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
5.57796%
AMERICAN CENTURY COMPANIES INC
AMERICAN CENTURY COMPANIES INC
...

ONE Gas Beneficial Ownership Filings (SEC 13D/G)

Free Float
98.9%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
12.80%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
12.20%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
10.87%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
6.92%
SSGA FUNDS MANAGEMENT, INC.
SSGA FUNDS MANAGEMENT, INC.
SEC ↗
5.80%
52-0556948
52-0556948
SEC ↗
5.76%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
5.50%
Wedbush Opportunity Capital, LLC
Wedbush Opportunity Capital, LLC
SEC ↗
5.40%
Stowers Institute for Medical Research
Stowers Institute for Medical Research
SEC ↗
5.40%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
SEC ↗
5.40%
American Century Companies, Inc.
American Century Companies, Inc.
SEC ↗

ONE Gas Executives and Management Board

16 members · avg. age 60 · 31 % women

RM

Mr. Robert Mcannally (62)

Chief Executive Officer, Director · since 2015

5.19 M USD

Management

CD

Mr. Curtis Dinan (58)

President, Chief Operating Officer · since 2026

1.96 M USD
CS

Mr. Christopher Sighinolfi (41)

Chief Financial Officer, Senior Vice President

1.47 M USD
MB

Mr. Mark Bender (60)

Senior Vice President - Administration, Chief Information Officer

982,919.00 USD
AK

Ms. Angela Kouplen (51)

Chief Human Resources Officer, Senior Vice President

–
RG

Ms. Regina Gregory (54)

Senior Vice President, General Counsel, Assistant Secretary

–
WS

Mr. W. Kent Shortridge (58)

Senior Vice President - Operations and Customer Service

–

Board of Directors

JG

Mr. John Gibson (73)

Non-Executive Chairman of the Board

363,277.00 USD
ER

Mr. Eduardo Rodriguez (70)

Lead Independent Director

265,000.00 USD
TH

Ms. Tracy Hart (63)

Independent Director

245,000.00 USD
MH

Mr. Michael Hutchinson (69)

Independent Director

240,000.00 USD
PM

Ms. Pattye Moore (67)

Independent Director

230,000.00 USD
DH

Ms. Deborah Hersman (55)

Independent Director

225,000.00 USD

ONE Gas Supply Chain

ONE Gas Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#Nameβ 1YTrend
1
Southwest Gas Holdings
Supplier·Gas Utilities·US
0.55
0.66
0.01
0.73
0.70
0.63
0.83

Frequently asked questions about ONE Gas

The business model of ONE Gas Inc revolves around being a regulated natural gas utility company. As a leading provider of natural gas services, ONE Gas Inc operates a cost-of-service business model which involves delivering natural gas to residential, commercial, and industrial customers. The company focuses on ensuring safe and reliable natural gas distribution, with a commitment to customer satisfaction and operational excellence. Through its regulated utilities subsidiaries, ONE Gas Inc serves customers across multiple states, striving to meet their energy needs efficiently and responsibly.

ONE Gas Inc is primarily active in the natural gas industry.

The main competitors of ONE Gas Inc in the market include Atmos Energy Corporation, Chesapeake Utilities Corporation, and Southwest Gas Holdings, Inc.

ONE Gas Inc. is a leading natural gas utility company headquartered in Tulsa, Oklahoma. It was formed in 2014 as a spin-off from ONEOK Inc., with a rich history and a strong foundation in the natural gas industry. With over 125 years of experience, ONE Gas serves residential, commercial, and industrial customers across three states: Oklahoma, Kansas, and Texas. The company is focused on safe, reliable, and efficient delivery of natural gas, as well as providing exceptional customer service. ONE Gas is committed to maintaining the highest standards of safety and environmental responsibility while delivering value to its shareholders.

Some significant milestones achieved by ONE Gas Inc include reaching a market capitalization of over $4 billion, being listed on the New York Stock Exchange, and consistently delivering earnings growth and shareholder value. The company has successfully expanded its natural gas distribution footprint, serving over 2 million customers across three states. ONE Gas Inc has also made strides in promoting environmental sustainability, adopting innovative technologies to reduce emissions and enhance energy efficiency. Through strategic acquisitions, partnerships, and investments in infrastructure, the company continues to position itself as a leading provider of natural gas services, ensuring reliable, affordable, and clean energy solutions for its customers.

ONE Gas Inc is primarily present in the United States.

ONE Gas Inc represents strong values and a corporate philosophy centered around integrity, accountability, and a focus on delivering natural gas safely and reliably to its customers. With a commitment to operational excellence and customer satisfaction, ONE Gas Inc strives to maintain a high level of trust and transparency in its business practices. The company aims to create long-term value for shareholders through responsible and sustainable growth initiatives. By fostering a culture of innovation and collaboration, ONE Gas Inc ensures its employees are empowered to make a positive impact in the communities it serves.

Analysts currently set an average price target of 88.59 USD for the ONE Gas stock (median: 91.80 USD), implying +14.1 % versus the latest price. The consensus is based on 11 analyst ratings.

ONE Gas Analyst Price Targets 2026

11 analysts currently rate the ONE Gas stock: 6 recommend buying, 5 holding and 0 selling. For 2026, analysts expect ONE Gas to generate revenue of 2.48 B USD and earnings per share of 4.83 USD.

ONE Gas Analyst Price Targets 2026

Converted at the current exchange rate, the ONE Gas share trades at 67.46 EUR (77.65 USD).

The ONE Gas share (OGS) is listed on 4 stock exchanges, including: NYSE (OGS), Frankfurt (OG9.F), München (OG9.MU), Düsseldorf (OG9.DU).

ONE Gas Inc is a publicly traded utility company that was founded in May 2014. The company operates in three main divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It offers a wide range of products and services to customers in Oklahoma, Kansas, and Texas. The key products and services of ONE Gas Inc include the distribution of natural gas for heating, cooking, and commercial and industrial use. The company operates and maintains the gas pipeline network and is responsible for gas meter installation and replacement. It also provides gas appliance services to its customers, including repairs, safety valve inspections, and gas line testing. In addition, ONE Gas Inc also offers an extensive energy efficiency program to help customers reduce their energy costs. This includes the installation of energy-efficient gas appliances, insulation programs, and gas leak detection. The company also offers training and seminars to educate customers about environmentally-friendly and efficient energy use. ONE Gas Inc is an event-driven company. Revenue depends on the number of customers, gas sold, and gas prices. Over the years, the company has expanded its customer base to around 2.2 million and sold a total of 401 million cubic feet of natural gas in 2019. The company also focuses on consistent dividend payouts to shareholders. Additionally, ONE Gas Inc has made some strategic acquisitions to strengthen its presence in the regions where it operates. One of the most significant acquisitions was the purchase of Texas Gas Service from Entergy Corporation in 2013, which made ONE Gas Inc one of the largest gas providers in Texas. Overall, ONE Gas Inc is a relatively stable and consistent company that focuses on sustainable development while enabling its customers to have reliable and efficient energy usage. Although the company is highly dependent on external factors such as gas prices and weather conditions, it has shown solid growth in recent years and could potentially make further strategic acquisitions to strengthen its market position. Output: ONE Gas Inc is a publicly traded utility company that operates in three main divisions and offers a wide range of products and services to customers in three states. It distributes natural gas for various purposes and provides gas appliance services. It also offers an energy efficiency program and has made strategic acquisitions to expand its presence. The company has shown solid growth and focuses on sustainable development.

The expected revenue of ONE Gas is 2.48 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of ONE Gas is 293.80 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of ONE Gas is currently 16.06. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the ONE Gas stock.

The price-to-sales ratio (P/S) of ONE Gas is currently 1.90. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the ONE Gas stock.

The Eulerpool Quality Score for ONE Gas is 4/10.

The ISIN of ONE Gas is US68235P1084. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of ONE Gas is A1XB2X. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of ONE Gas is OGS. The ticker symbol is used to trade ONE Gas shares on the stock exchange.

Over the past 12 months, ONE Gas paid a dividend of 2.68 USD . This corresponds to a dividend yield of about 3.45 %. For the coming 12 months, ONE Gas is expected to pay a dividend of 2.84 USD.

The current dividend yield of ONE Gas is 3.45 %.

ONE Gas pays a dividend, distributed in the months of , , , .

ONE Gas paid dividends every year for the past 12 years.

For the upcoming 12 months, dividends amounting to 2.84 USD are expected. This corresponds to a dividend yield of 3.66 %.

ONE Gas is assigned to the 'Utilities' sector.

To receive the latest dividend of ONE Gas from amounting to 0.68 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, ONE Gas distributed 2.64 USD as dividends.

The dividends of ONE Gas are distributed in USD.

All fundamentals and in-depth analysis of ONE Gas

Our stock analysis for ONE Gas stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ONE Gas. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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