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ONE Gas NYSE:OGS Stock Report

Last Price

US$68.72

Market Cap

US$3.9b

7D

-2.4%

1Y

5.6%

Updated

22 Dec, 2024

Data

Company Financials +

ONE Gas, Inc.

NYSE:OGS Stock Report

Market Cap: US$3.9b

OGS Stock Overview

Operates as a regulated natural gas distribution company in the United States. More details

OGS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health0/6
Dividends4/6

Rewards

Trading at 16% below our estimate of its fair value

Earnings are forecast to grow 9.88% per year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year

Dividend of 3.84% is not well covered by free cash flows


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 9 Analysts

Regulatory Settlements In Kansas And Texas Will Improve Outlook For US Natural Gas Distributor

Key Takeaways Regulatory settlements in Kansas and Texas are expected to improve revenue and returns through recouped investments and fair equity returns. Focus on operational cost management and customer growth initiatives likely to enhance net margins and drive revenue growth.
View narrative
US$74.06
FV
7.2% undervalued intrinsic discount
9.68%
Revenue growth p.a.
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0users have followed this narrative
3 days ago author updated this narrative

ONE Gas, Inc. Competitors

Spire

NYSE:SR

US$3.9b

MDU Resources Group

NYSE:MDU

US$3.7b

National Fuel Gas

NYSE:NFG

US$5.4b

Chesapeake Utilities

NYSE:CPK

US$2.7b

Price History & Performance

Summary of share price highs, lows and changes for ONE Gas
Historical stock prices
Current Share PriceUS$68.72
52 Week HighUS$78.89
52 Week LowUS$57.74
Beta0.68
1 Month Change-11.75%
3 Month Change-7.50%
1 Year Change5.63%
3 Year Change-9.23%
5 Year Change-25.76%
Change since IPO107.61%

Recent News & Updates

A Look At The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

Nov 22
A Look At The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

Recent updates

A Look At The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

Nov 22
A Look At The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

Oct 31
Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

ONE Gas, Inc.'s (NYSE:OGS) Share Price Could Signal Some Risk

Oct 09
ONE Gas, Inc.'s (NYSE:OGS) Share Price Could Signal Some Risk

Estimating The Fair Value Of ONE Gas, Inc. (NYSE:OGS)

Jul 18
Estimating The Fair Value Of ONE Gas, Inc. (NYSE:OGS)

The Returns At ONE Gas (NYSE:OGS) Aren't Growing

Jun 27
The Returns At ONE Gas (NYSE:OGS) Aren't Growing

ONE Gas, Inc. Recorded A 28% Miss On Revenue: Analysts Are Revisiting Their Models

May 09
ONE Gas, Inc. Recorded A 28% Miss On Revenue: Analysts Are Revisiting Their Models

ONE Gas, Inc.'s (NYSE:OGS) Business Is Trailing The Market But Its Shares Aren't

Apr 12
ONE Gas, Inc.'s (NYSE:OGS) Business Is Trailing The Market But Its Shares Aren't

ONE Gas' Promise Of Dividend Growth, And Its Cheap Valuation

Apr 06

The Returns At ONE Gas (NYSE:OGS) Aren't Growing

Mar 19
The Returns At ONE Gas (NYSE:OGS) Aren't Growing

Calculating The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

Feb 05
Calculating The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

ONE Gas: Balance Sheet Concerns, Hold

Dec 26

Pinning Down ONE Gas, Inc.'s (NYSE:OGS) P/E Is Difficult Right Now

Dec 23
Pinning Down ONE Gas, Inc.'s (NYSE:OGS) P/E Is Difficult Right Now

Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

Dec 01
Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

A Look At The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

Oct 11
A Look At The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

ONE Gas: Decent Dividend But Lacking Value Otherwise

Oct 03

ONE Gas: Capital-Intensive, Low-Margin Business With No Production Advantages

Sep 21

Returns At ONE Gas (NYSE:OGS) Appear To Be Weighed Down

Aug 04
Returns At ONE Gas (NYSE:OGS) Appear To Be Weighed Down

ONE Gas, Inc.'s (NYSE:OGS) Intrinsic Value Is Potentially 22% Below Its Share Price

Jul 08
ONE Gas, Inc.'s (NYSE:OGS) Intrinsic Value Is Potentially 22% Below Its Share Price

ONE Gas: Solid Fundamentals, But The Price Is High

Jun 20

Do ONE Gas' (NYSE:OGS) Earnings Warrant Your Attention?

Jun 09
Do ONE Gas' (NYSE:OGS) Earnings Warrant Your Attention?

New Forecasts: Here's What Analysts Think The Future Holds For ONE Gas, Inc. (NYSE:OGS)

May 07
New Forecasts: Here's What Analysts Think The Future Holds For ONE Gas, Inc. (NYSE:OGS)

ONE Gas (NYSE:OGS) Will Pay A Larger Dividend Than Last Year At $0.65

May 05
ONE Gas (NYSE:OGS) Will Pay A Larger Dividend Than Last Year At $0.65

Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

Apr 01
Slowing Rates Of Return At ONE Gas (NYSE:OGS) Leave Little Room For Excitement

ONE Gas GAAP EPS of $1.23 beats by $0.01, revenue of $818.2M beats by $147.7M

Feb 22

ONE Gas (NYSE:OGS) Is Increasing Its Dividend To $0.65

Jan 28
ONE Gas (NYSE:OGS) Is Increasing Its Dividend To $0.65

These 4 Measures Indicate That ONE Gas (NYSE:OGS) Is Using Debt Extensively

Jan 25
These 4 Measures Indicate That ONE Gas (NYSE:OGS) Is Using Debt Extensively

ONE Gas raises quarterly dividend by 4.8% to $0.65/share

Jan 24

ONE Gas (NYSE:OGS) Has Some Way To Go To Become A Multi-Bagger

Dec 25
ONE Gas (NYSE:OGS) Has Some Way To Go To Become A Multi-Bagger

ONE Gas Drops 18% In One Day - What Happens Now?

Dec 07

Here's Why ONE Gas (NYSE:OGS) Has Caught The Eye Of Investors

Dec 06
Here's Why ONE Gas (NYSE:OGS) Has Caught The Eye Of Investors

ONE Gas GAAP EPS of $0.44 beats by $0.02, revenue of $359.36M beats by $79.31M

Oct 31

Shareholder Returns

OGSUS Gas UtilitiesUS Market
7D-2.4%-2.9%-2.4%
1Y5.6%10.1%23.3%

Return vs Industry: OGS underperformed the US Gas Utilities industry which returned 10.1% over the past year.

Return vs Market: OGS underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is OGS's price volatile compared to industry and market?
OGS volatility
OGS Average Weekly Movement3.1%
Gas Utilities Industry Average Movement3.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: OGS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: OGS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19063,900Sid McAnnallywww.onegas.com

ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.

ONE Gas, Inc. Fundamentals Summary

How do ONE Gas's earnings and revenue compare to its market cap?
OGS fundamental statistics
Market capUS$3.89b
Earnings (TTM)US$216.56m
Revenue (TTM)US$2.06b

18.0x

P/E Ratio

1.9x

P/S Ratio

Is OGS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OGS income statement (TTM)
RevenueUS$2.06b
Cost of RevenueUS$1.31b
Gross ProfitUS$749.88m
Other ExpensesUS$533.32m
EarningsUS$216.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.82
Gross Margin36.42%
Net Profit Margin10.52%
Debt/Equity Ratio119.6%

How did OGS perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

69%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ONE Gas, Inc. is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ross Allen FowlerBofA Global Research
Julien Dumoulin-SmithBofA Global Research
Timm SchneiderEvercore ISI