ONE Gas (OGS) Stock Price

ONE Gas Price

🇺🇸NYSE·CLOSED
76.57USD
Market closed
Today +/-
Today %

ONE Gas (OGS) Stock | ISIN US68235P1084 | WKN A1XB2X. The current ONE Gas stock price is 76.57 USD (2026). Revenue is 2.72 B USD. Net income is 288.63 M USD. The P/E ratio is 16.05. Market capitalization is 4.63 B USD. ONE Gas operates in the Utilities sector.

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 3.5%. The payout ratio is around 60% of earnings. The dividend has grown at 11.1% per year over the past 11 years.

ONE Gas stock price

Ex-Dividend
Details

Stock Price

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
Access this data via the Eulerpool API

ONE Gas Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2008
2.18 B USD
188.8 M USD
66.7 M USD
Jan 1, 2009
1.84 B USD
210.2 M USD
80.7 M USD
Jan 1, 2010
1.82 B USD
225.6 M USD
106.4 M USD
Jan 1, 2011
1.62 B USD
199.7 M USD
86.8 M USD
Jan 1, 2012
1.38 B USD
215.7 M USD
96.5 M USD
Jan 1, 2013
1.69 B USD
220.3 M USD
99.2 M USD
Jan 1, 2014
1.82 B USD
225.3 M USD
109.8 M USD
Jan 1, 2015
1.55 B USD
239.1 M USD
119 M USD
Jan 1, 2016
1.43 B USD
288.9 M USD
140.1 M USD
Jan 1, 2017
1.54 B USD
316.7 M USD
163 M USD
Jan 1, 2018
1.63 B USD
288.4 M USD
172.2 M USD
Jan 1, 2019
1.65 B USD
295.3 M USD
186.7 M USD
Jan 1, 2020
1.53 B USD
303.5 M USD
196.4 M USD
Jan 1, 2021
1.81 B USD
310.3 M USD
206.4 M USD
Jan 1, 2022
2.58 B USD
350 M USD
221.7 M USD

ONE Gas Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 3:22 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
2023202420252026e2027e2028e2029e2030e
2.372.082.432.722.582.472.722.99
-8.03-12.1516.5111.99-5.11-4.2310.289.65
52.1762.6558.8452.5455.3757.8152.4247.81
1.241.311.431.431.431.431.431.43
231222264288301322344359
4.52-3.918.929.094.516.986.834.36
2.62.642.682.723.013.21--
4.841.541.521.4910.666.64
55.8657.0360.5160.5160.5160.5160.5160.51
Details

Income Statement Key Figures

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.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2008
31.3 %
8.68 %
3.07 %
Jan 1, 2009
38.94 %
11.43 %
4.39 %
Jan 1, 2010
41.54 %
12.41 %
5.85 %
Jan 1, 2011
46.37 %
12.32 %
5.35 %
Jan 1, 2012
54.95 %
15.67 %
7.01 %
Jan 1, 2013
48.11 %
13.04 %
5.87 %
Jan 1, 2014
45.47 %
12.39 %
6.04 %
Jan 1, 2015
54.38 %
15.45 %
7.69 %
Jan 1, 2016
62.04 %
20.24 %
9.82 %
Jan 1, 2017
60.09 %
20.57 %
10.59 %
Jan 1, 2018
56.26 %
17.65 %
10.54 %
Jan 1, 2019
58.38 %
17.87 %
11.3 %
Jan 1, 2020
64.88 %
19.83 %
12.83 %
Jan 1, 2021
57.15 %
17.16 %
11.41 %
Jan 1, 2022
43.4 %
13.58 %
8.6 %

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.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2008
42.16 USD
3.66 USD
1.29 USD
Jan 1, 2009
35.64 USD
4.07 USD
1.56 USD
Jan 1, 2010
35.22 USD
4.37 USD
2.06 USD
Jan 1, 2011
31.42 USD
3.87 USD
1.68 USD
Jan 1, 2012
26.68 USD
4.18 USD
1.87 USD
Jan 1, 2013
32.56 USD
4.24 USD
1.91 USD
Jan 1, 2014
34.38 USD
4.26 USD
2.08 USD
Jan 1, 2015
29.04 USD
4.49 USD
2.23 USD
Jan 1, 2016
26.93 USD
5.45 USD
2.64 USD
Jan 1, 2017
29.05 USD
5.98 USD
3.08 USD
Jan 1, 2018
30.82 USD
5.44 USD
3.25 USD
Jan 1, 2019
31.07 USD
5.55 USD
3.51 USD
Jan 1, 2020
28.66 USD
5.68 USD
3.68 USD
Jan 1, 2021
33.68 USD
5.78 USD
3.84 USD
Jan 1, 2022
47.48 USD
6.45 USD
4.08 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 Segments

ONE Gas Eulerpool Fair Value

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

ONE Gas annual returns

Details

Annual Return

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 was ONE Gas in 2025 — This indicates how many shares 60.513 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2008
51.6 M base_Shares
Jan 1, 2009
51.6 M base_Shares
Jan 1, 2010
51.6 M base_Shares
Jan 1, 2011
51.6 M base_Shares
Jan 1, 2012
51.6 M base_Shares
Jan 1, 2013
51.9 M base_Shares
Jan 1, 2014
52.9 M base_Shares
Jan 1, 2015
53.3 M base_Shares
Jan 1, 2016
53 M base_Shares
Jan 1, 2017
53 M base_Shares
Jan 1, 2018
53 M base_Shares
Jan 1, 2019
53.2 M base_Shares
Jan 1, 2020
53.4 M base_Shares
Jan 1, 2021
53.7 M base_Shares
Jan 1, 2022
54.3 M base_Shares

ONE Gas Dividend History

13 years of dividend payments · 8 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.68USDYTD
Feb 20, 20260.68USD 1.5%1/1
20252.68USD 1.5%
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%
20232.6USD 4.8%
20222.48USD 6.9%
20212.32USD 7.4%
20202.16USD 8.0%
20192USD 8.7%
20181.84USD 9.5%
20171.68USD 4.0%

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)
Invalid Date
0.84 USD
0.28 USD
Jan 1, 2015
1.5 USD
0 USD
Jan 1, 2016
1.75 USD
0 USD
Jan 1, 2017
1.68 USD
0 USD
Jan 1, 2018
1.84 USD
0 USD
Jan 1, 2019
2 USD
0 USD
Jan 1, 2020
2.16 USD
0 USD
Jan 1, 2021
2.32 USD
0 USD
Jan 1, 2022
2.48 USD
0 USD
Jan 1, 2023
2.6 USD
0 USD
Jan 1, 2024
2.64 USD
0 USD
Jan 1, 2025
2.68 USD
0 USD
Invalid Date
0.68 USD
2.04 USD
Invalid Date
0 USD
3.01 USD
Invalid Date
0 USD
3.21 USD

ONE Gas dividend payout ratio

In 2025, ONE Gas had a payout ratio of 60.34%. The payout ratio indicates the percentage of the company's profits that ONE Gas distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2008
59.91 %
Jan 1, 2009
59.91 %
Jan 1, 2010
59.91 %
Jan 1, 2011
59.91 %
Jan 1, 2012
59.91 %
Jan 1, 2013
59.91 %
Jan 1, 2014
40.58 %
Jan 1, 2015
66.96 %
Jan 1, 2016
66.04 %
Jan 1, 2017
54.72 %
Jan 1, 2018
56.62 %
Jan 1, 2019
56.98 %
Jan 1, 2020
58.7 %
Jan 1, 2021
60.26 %
Jan 1, 2022
60.78 %
Price targets and forecasts for ONE Gas are not yet available.

ONE Gas Earnings Estimates

ONE Gas Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/4/20262.29USD988.9 MUSD2026 Q1
2/18/20261.44USD764.34 MUSD2025 Q4
4/29/20241.78USD1.02 BUSD2024 Q1
2/20/20241.28USD768.75 MUSD2023 Q4
7/31/20230.62USD381.6 MUSD2023 Q2
5/1/20231.96USD825.95 MUSD2023 Q1
2/21/20231.24USD445.2 MUSD2022 Q4
10/31/20220.43USD284.25 MUSD2022 Q3
8/1/20220.59USD333.4 MUSD2022 Q2
5/2/20221.95USD689.62 MUSD2022 Q1

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
12.28044%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
10.65055%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.78846%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
5.28805%
Wellington Management Company, LLP
Wellington Management Company, LLP
4.92955%
State Street Investment Management (US)
State Street Investment Management (US)
3.1136%
T. Rowe Price Investment Management, Inc.
T. Rowe Price Investment Management, Inc.
2.81053%
AllianceBernstein L.P.
AllianceBernstein L.P.
2.46362%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.17638%
Energy Income Partners LLC
Energy Income Partners LLC
1.96267%
EARNEST Partners, LLC
EARNEST Partners, LLC
...

ONE Gas Executives and Management Board

RM

Mr. Robert Mcannally

(62)

Chief Executive Officer, Director · since 2015

Compensation5.19 M USD
CD

Mr. Curtis Dinan

(58)

President, Chief Operating Officer · since 2026

Compensation1.96 M USD
CS

Mr. Christopher Sighinolfi

(41)

Chief Financial Officer, Senior Vice President

Compensation1.47 M USD
MB

Mr. Mark Bender

(60)

Senior Vice President - Administration, Chief Information Officer

Compensation982,919 USD
JG

Mr. John Gibson

(73)

Non-Executive Chairman of the Board

Compensation363,277 USD

ONE Gas Supply Chain

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.

All fundamentals and in-depth analysis of ONE Gas

Our stock analysis for ONE Gas Revenue 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.