NYSE:OGSGas Utilities
Does ONE Gas’ Q1 Miss and Softer Volumes Reshape The Bull Case For OGS?
In late May 2026, ONE Gas reported first-quarter adjusted earnings per share of US$2.11, with revenues and natural gas volumes delivered declining from the prior year while management reaffirmed 2026 guidance and long-term adjusted net income growth targets.
At the same time, ONE Gas continued to grow its customer base, adding new connections even as delivered gas volumes fell, highlighting a tension between customer expansion and near-term usage trends.
We’ll now explore how the earnings...