ONE Gas (NYSE:OGS) Releases Earnings Results, Misses Expectations By $0.02 EPS

ONE Gas (NYSE:OGS) issued its quarterly earnings data on Monday. The utilities provider reported $2.11 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.02), Zacks reports. ONE Gas had a return on equity of 8.24% and a net margin of 10.89%.The firm had revenue of $831.71 million during the quarter, compared to analyst estimates of $969.36 million. ONE Gas updated its FY 2026 guidance to 4.830-4.950 EPS.

ONE Gas Stock Performance

NYSE:OGS traded down $0.12 during trading hours on Monday, hitting $88.79. 397,355 shares of the company traded hands, compared to its average volume of 468,080. The stock has a market capitalization of $5.57 billion, a price-to-earnings ratio of 20.32, a P/E/G ratio of 2.98 and a beta of 0.72. ONE Gas has a twelve month low of $70.87 and a twelve month high of $90.78. The firm has a 50-day moving average of $87.30 and a 200 day moving average of $82.75. The company has a current ratio of 0.60, a quick ratio of 0.48 and a debt-to-equity ratio of 0.68.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on OGS. Stifel Nicolaus boosted their price objective on shares of ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research note on Tuesday, February 24th. Morgan Stanley boosted their price objective on ONE Gas from $84.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. Truist Financial started coverage on ONE Gas in a research report on Monday, April 20th. They set a “buy” rating and a $99.00 price objective for the company. Finally, Weiss Ratings raised ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $89.00.

Insider Buying and Selling

In related news, insider Brian F. Brumfield sold 1,000 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $86.44, for a total transaction of $86,440.00. Following the completion of the transaction, the insider directly owned 2,246 shares in the company, valued at $194,144.24. This represents a 30.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.92% of the stock is currently owned by insiders.

Hedge Funds Weigh In On ONE Gas

Large investors have recently added to or reduced their stakes in the company. Triumph Capital Management raised its holdings in ONE Gas by 247.0% in the 4th quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 247 shares in the last quarter. Quarry LP raised its holdings in ONE Gas by 188.0% in the 4th quarter. Quarry LP now owns 409 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 267 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in ONE Gas by 85.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 441 shares of the utilities provider’s stock valued at $34,000 after acquiring an additional 203 shares in the last quarter. Advisory Services Network LLC acquired a new position in ONE Gas in the 3rd quarter valued at approximately $36,000. Finally, Daiwa Securities Group Inc. acquired a new position in ONE Gas in the 2nd quarter valued at approximately $50,000. Institutional investors and hedge funds own 88.71% of the company’s stock.

ONE Gas Company Profile

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.