ONE Gas, Inc. operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It provides natural gas distribution services to 2.2 million customers in three states. The company serves residential, commercial, and transportation customers. As of December 31, 2020, it operated approximately 41,200 miles of distribution mains; and 2,600 miles of transmission pipelines, as well as had 48.4 billion cubic feet of natural gas storage capacity. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
IPO Year: 2014
Exchange: NYSE
Website: onegas.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/11/2024 | $71.00 → $80.00 | Equal Weight → Overweight | Wells Fargo |
4/12/2024 | $61.00 | Sell | UBS |
3/5/2024 | $64.50 | Neutral → Buy | Ladenburg Thalmann |
2/14/2024 | $58.00 | Neutral | Ladenburg Thalmann |
10/25/2023 | $80.00 → $60.00 | Neutral → Underperform | BofA Securities |
1/23/2023 | $64.00 → $77.00 | Sell → Neutral | Guggenheim |
1/12/2023 | $80.00 | Buy → Hold | Stifel |
12/16/2022 | $85.00 → $79.00 | Buy → Neutral | BofA Securities |
12/1/2022 | $89.00 → $80.00 | Overweight → Equal Weight | Wells Fargo |
12/1/2022 | $64.00 | Neutral → Sell | Guggenheim |
10-Q - ONE Gas, Inc. (0001587732) (Filer)
8-K - ONE Gas, Inc. (0001587732) (Filer)
8-K - ONE Gas, Inc. (0001587732) (Filer)
8-K - ONE Gas, Inc. (0001587732) (Filer)
8-K - ONE Gas, Inc. (0001587732) (Filer)
8-K - ONE Gas, Inc. (0001587732) (Filer)
424B5 - ONE Gas, Inc. (0001587732) (Filer)
FWP - ONE Gas, Inc. (0001587732) (Subject)
424B5 - ONE Gas, Inc. (0001587732) (Filer)
10-Q - ONE Gas, Inc. (0001587732) (Filer)
Wells Fargo upgraded ONE Gas from Equal Weight to Overweight and set a new price target of $80.00 from $71.00 previously
UBS initiated coverage of ONE Gas with a rating of Sell and set a new price target of $61.00
Ladenburg Thalmann upgraded ONE Gas from Neutral to Buy and set a new price target of $64.50
Ladenburg Thalmann initiated coverage of ONE Gas with a rating of Neutral and set a new price target of $58.00
BofA Securities downgraded ONE Gas from Neutral to Underperform and set a new price target of $60.00 from $80.00 previously
Guggenheim upgraded ONE Gas from Sell to Neutral and set a new price target of $77.00 from $64.00 previously
Stifel downgraded ONE Gas from Buy to Hold and set a new price target of $80.00
BofA Securities downgraded ONE Gas from Buy to Neutral and set a new price target of $79.00 from $85.00 previously
Wells Fargo downgraded ONE Gas from Overweight to Equal Weight and set a new price target of $80.00 from $89.00 previously
Guggenheim downgraded ONE Gas from Neutral to Sell and set a new price target of $64.00
TULSA, Okla., Nov. 16, 2023 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced that after a 25-year career in finance and executive leadership, Caron A. Lawhorn has decided to retire as the company's chief financial officer effective Dec. 31, 2023. The ONE Gas Board of Directors has elected Christopher P. Sighinolfi, vice president of corporate development, investor relations and sustainability, to succeed Lawhorn as senior vice president and chief financial officer, effective January 1, 2024. "Caron is a highly respected leader both inside and outside our company, usin
TULSA, Okla., May 25, 2021 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) president and chief executive officer, Terry K. Spencer, announced today that he will retire on September 30, 2021, after 20 years with the company, including more than seven years as president and CEO. Pierce H. Norton II, currently president and chief executive officer of ONE Gas, Inc. (NYSE:OGS) will succeed Spencer as president and CEO of ONEOK on June 28, 2021, at which time he will also join the ONEOK Board. Spencer will remain in his current role until Norton rejoins ONEOK, at which time he will become an Advisor to Norton, allowing for a smooth leadership transition. Spencer will continue as a member of the ONEOK boa
Declares Fourth Quarter Dividend TULSA, Okla., Nov. 4, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its third quarter financial results, increased the midpoint of its 2024 EPS guidance and declared its quarterly dividend. "Through company-wide effort and focused execution, we have raised and narrowed our 2024 financial guidance, all while maintaining a healthy balance sheet," said Robert S. McAnnally, president and chief executive officer. "As we approach the end of the year, we are poised to deliver strong financial results, serve our customers and strategic
TULSA, Okla., Oct. 1, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) will release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. The ONE Gas executive management team will host a conference call the following day, Tuesday, November 5, 2024, at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time). The call also will be carried live on the ONE Gas website. Event: ONE Gas third quarter 2024 earnings conference call and webcast Date and Time: November 5, 2024 11 a.m. Eastern, 10 a.m. Central Phone Number: Dial 833-470-1428, p
TULSA, Okla., Aug. 5, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) today announced its second quarter financial results and reaffirmed its 2024 financial guidance. "The first half of 2024 was in line with our expectations, with active rate cases and interim filings progressing well in all jurisdictions," said Robert S. McAnnally, president and chief executive officer. "We head into the second half of the year with positive momentum and remain focused on executing our strategic plan and safely serving our customers." SECOND QUARTER 2024 FINANCIAL RESULTS & HIGHLIGHTS Second qu
TULSA, Okla., July 15, 2024 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE:OGS) today declared a quarterly dividend of 66 cents per share of common stock, payable Aug. 30, 2024, to shareholders of record at the close of business Aug. 14, 2024. ONE Gas announced previously that it expects the quarterly dividend to be 66 cents per share in 2024, or $2.64 per share on an annualized basis, with an average annual dividend growth of 1% to 2% through 2028, and a target dividend payout ratio of approximately 55% to 65% of net income, subject to its board of directors' a
TULSA, Okla., July 2, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) will release its second quarter 2024 financial results after the market closes on Monday, August 5, 2024. The ONE Gas executive management team will host a conference call the following day, Tuesday, August 6, 2024, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time). The call also will be carried live on the ONE Gas website. Event: ONE Gas second quarter 2024 earnings conference call and webcast Date and Time: August 6, 2024 11 a.m. Eastern, 10 a.m. Central Phone Number: Dial 833-470-1428, pass c
Declares Second Quarter Dividend TULSA, Okla., May 6, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) today announced its first quarter financial results, affirmed its 2024 financial guidance and declared its quarterly dividend. "Efficient capital execution and our focus on safe operations position us well to serve a growing customer base," said Robert S. McAnnally, president and chief executive officer. "Based on our first quarter results, we remain on track to achieve the midpoint of our 2024 financial guidance." FIRST QUARTER 2024 FINANCIAL RESULTS & HIGHLIGHTS First quarter
TULSA, Okla., April 9, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) will release its first quarter 2024 financial results after the market closes on Monday, May 6, 2024. The ONE Gas executive management team will host a conference call the following day, Tuesday, May 7, 2024, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time). The call also will be carried live on the ONE Gas website. Event: ONE Gas first quarter 2024 earnings conference call and webcast Date and Time: May 7, 2024 11 a.m. Eastern, 10 a.m. Central Phone Number: Dial 833-470-1428, pass code 395585
Analysts' call and webcast scheduled tomorrow, Feb. 22 at 11 a.m. EST TULSA, Okla., Feb. 21, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its fourth quarter and full year 2023 financial results, which included diluted earnings per share of $1.27 and $4.14, respectively. "We had another successful year at ONE Gas. The team's execution enabled us to deliver results in line with our guidance despite rapidly changing macroeconomic conditions," said Robert S. McAnnally, president and chief executive officer. "As we celebrate ten years as ONE Gas, we remain dedicat
Schedule for 2024 Earnings News Releases, Conference Calls and Webcasts Also Announced TULSA, Okla., Jan. 25, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) will release its fourth quarter and full year 2023 financial results after the market closes on Wednesday, Feb. 21, 2024. The ONE Gas executive management team will participate in a conference call the following day, Thursday, Feb. 22, 2024, at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time). The call also will be carried live on the ONE Gas website. Event: ONE Gas fourth quarter and year end 2023 e
TULSA, Okla., Jan. 23, 2024 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE:OGS) today increased the dividend for the first quarter 2024 by 1 cent per share to 66 cents per share, resulting in an annualized dividend of $2.64 per share. The dividend is payable March 8, 2024, to shareholders of record at the close of business Feb. 23, 2024. The Company expects an average annual dividend increase of 1% to 2% through 2028, with a target dividend payout ratio of approximately 55% to 65% of net income, subject to approval by the board of directors. 2023 FINANCIAL GUIDA
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Declares Fourth Quarter Dividend TULSA, Okla., Nov. 4, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced its third quarter financial results, increased the midpoint of its 2024 EPS guidance and declared its quarterly dividend. "Through company-wide effort and focused execution, we have raised and narrowed our 2024 financial guidance, all while maintaining a healthy balance sheet," said Robert S. McAnnally, president and chief executive officer. "As we approach the end of the year, we are poised to deliver strong financial results, serve our customers and strategic
TULSA, Okla., Oct. 1, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) will release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. The ONE Gas executive management team will host a conference call the following day, Tuesday, November 5, 2024, at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time). The call also will be carried live on the ONE Gas website. Event: ONE Gas third quarter 2024 earnings conference call and webcast Date and Time: November 5, 2024 11 a.m. Eastern, 10 a.m. Central Phone Number: Dial 833-470-1428, p
TULSA, Okla., Aug. 5, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) today announced its second quarter financial results and reaffirmed its 2024 financial guidance. "The first half of 2024 was in line with our expectations, with active rate cases and interim filings progressing well in all jurisdictions," said Robert S. McAnnally, president and chief executive officer. "We head into the second half of the year with positive momentum and remain focused on executing our strategic plan and safely serving our customers." SECOND QUARTER 2024 FINANCIAL RESULTS & HIGHLIGHTS Second qu
TULSA, Okla., July 15, 2024 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE:OGS) today declared a quarterly dividend of 66 cents per share of common stock, payable Aug. 30, 2024, to shareholders of record at the close of business Aug. 14, 2024. ONE Gas announced previously that it expects the quarterly dividend to be 66 cents per share in 2024, or $2.64 per share on an annualized basis, with an average annual dividend growth of 1% to 2% through 2028, and a target dividend payout ratio of approximately 55% to 65% of net income, subject to its board of directors' a
TULSA, Okla., July 3, 2024 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE: OGS) has appointed Yves C. Siegel, CFA, and Sanjay D. Meshri to its board, effective July 2, 2024, bringing the total number of members to nine. "It is a pleasure to welcome two new members to the ONE Gas Board of Directors at the conclusion of a successful selection process," said Eduardo A. Rodriguez, chairman of the corporate governance committee. "Yves and Sanjay bring expertise and knowledge that further support our focus on safety, operational, and financial performance. We look fo
TULSA, Okla., July 2, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) will release its second quarter 2024 financial results after the market closes on Monday, August 5, 2024. The ONE Gas executive management team will host a conference call the following day, Tuesday, August 6, 2024, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time). The call also will be carried live on the ONE Gas website. Event: ONE Gas second quarter 2024 earnings conference call and webcast Date and Time: August 6, 2024 11 a.m. Eastern, 10 a.m. Central Phone Number: Dial 833-470-1428, pass c
TULSA, Okla., June 26, 2024 /PRNewswire/ -- ONE Gas has released its annual Sustainability Report outlining its commitment to safe operations, responsible environmental stewardship and an inclusive and diverse work culture. "As one of the country's largest natural gas distribution companies serving 2.3 million customers, ONE Gas has an essential role in a sustainable energy future," said Robert S. McAnnally, president and chief executive officer of ONE Gas. "Our Sustainability Report highlights our commitment to safety, serving the growing demand for natural gas in our servi
TULSA, Okla., May 31, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) today announced it will participate in the Mizuho Mid-Cap Utilities Conference on Monday, June 3, 2024, in New York City, New York. Robert S. McAnnally, president and chief executive officer and Christopher Sighinolfi, senior vice president and chief financial officer, will be conducting a series of meetings with members of the investment community. The materials utilized at the conference will be accessible on the ONE Gas website, www.onegas.com/investors/events-and-presentations, on Monday, June 3, 2024, be
Declares Second Quarter Dividend TULSA, Okla., May 6, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) today announced its first quarter financial results, affirmed its 2024 financial guidance and declared its quarterly dividend. "Efficient capital execution and our focus on safe operations position us well to serve a growing customer base," said Robert S. McAnnally, president and chief executive officer. "Based on our first quarter results, we remain on track to achieve the midpoint of our 2024 financial guidance." FIRST QUARTER 2024 FINANCIAL RESULTS & HIGHLIGHTS First quarter
TULSA, Okla., April 15, 2024 /PRNewswire/ -- ONE Gas, Inc. (NYSE:OGS) today announced it will participate in the American Gas Association Financial Forum on Sunday and Monday, May 19-20, 2024, in Palm Desert, California. Robert S. McAnnally, president and chief executive officer, Curtis Dinan, senior vice president and chief operating officer, and Christopher Sighinolfi, senior vice president and chief financial officer, will be conducting a series of meetings with members of the investment community. The materials utilized during the conference will be accessible on the ONE G
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In the preceding three months, 5 analysts have released ratings for ONE Gas (NYSE:OGS), presenting a wide array of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 1 Last 30D 0 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 1 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.8, a high estimate of $65.00, and a low estimate of $58.00. This upward trend is evident, with the
Morgan Stanley analyst Stephen Byrd maintains ONE Gas (NYSE:OGS) with a Equal-Weight and lowers the price target from $61 to $58.
Mizuho analyst Gabriel Moreen maintains ONE Gas (NYSE:OGS) with a Neutral and raises the price target from $64 to $65.
During the last three months, 5 analysts shared their evaluations of ONE Gas (NYSE:OGS), revealing diverse outlooks from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 1 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 1 3M Ago 1 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $61.7, with a high estimate of $64.50 and a low estimate of $58.00. Witnessing a positive shift, the current aver
Morgan Stanley analyst Stephen Byrd maintains ONE Gas (NYSE:OGS) with a Equal-Weight and raises the price target from $58 to $61.
2024 FINANCIAL GUIDANCEONE Gas affirmed the financial guidance it issued on Nov. 29, 2023, with 2024 net income expected to be in the range of $214 million to $231 million, or $3.70 to $4.00 per diluted share. Capital expenditures, including asset removal costs, are expected to be approximately $750 million in 2024.
ONE Gas (NYSE:OGS) reported quarterly earnings of $1.75 per share which missed the analyst consensus estimate of $1.76 by 0.57 percent. This is a 4.89 percent decrease over earnings of $1.84 per share from the same period last year. The company reported quarterly sales of $758.30 million which missed the analyst consensus estimate of $1.05 billion by 27.55 percent. This is a 26.52 percent decrease over sales of $1.03 billion the same period last year.
Mizuho analyst Gabriel Moreen maintains ONE Gas (NYSE:OGS) with a Neutral and raises the price target from $63 to $64.
5 analysts have shared their evaluations of ONE Gas (NYSE:OGS) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 1 Last 30D 0 0 0 0 1 1M Ago 0 0 1 0 0 2M Ago 1 0 2 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for ONE Gas, presenting an average target of $60.9, a high estimate of $64.50, and a low estimate of $58.00. This current average has incre
UBS analyst William Appicelli initiates coverage on ONE Gas (NYSE:OGS) with a Sell rating and announces Price Target of $61.