ONE Gas, Inc.

NYSE:OGS Stock Report

Market Cap: US$5.5b

ONE Gas Management

Management criteria checks 4/4

ONE Gas' CEO is Sid McAnnally, appointed in Jun 2021, has a tenure of 4.83 years. total yearly compensation is $5.58M, comprised of 16.6% salary and 83.4% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth $5.22M. The average tenure of the management team and the board of directors is 4.1 years and 7.8 years respectively.

Key information

Sid McAnnally

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage16.59%
CEO tenure4.8yrs
CEO ownership0.09%
Management average tenure4.1yrs
Board average tenure7.8yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase ONE Gas, Inc.'s (NYSE:OGS) CEO Compensation

May 16
We Think Some Shareholders May Hesitate To Increase ONE Gas, Inc.'s (NYSE:OGS) CEO Compensation

Recent updates

OGS: Steady Outlook Balances Equity Offering Plans And Long Term Execution

Analysts have raised their blended price target for ONE Gas by about $1 to $91.50, reflecting updated views around slightly higher long term revenue growth and steady profitability assumptions in recent research. Analyst Commentary Recent research on ONE Gas has featured several price target increases and a fresh initiation, giving you a clearer sense of how the Street is thinking about the company’s execution and valuation setup.

OGS: Steady Execution And Equity Plans Support Balanced Long Term Outlook

Analysts have slightly raised their blended price target for ONE Gas to about $90, reflecting recent $5 and $2 upward revisions, citing steady Q4 execution and what they view as continued growth opportunities over the coming years. Analyst Commentary Recent research updates on ONE Gas focus on modest price target adjustments, Q4 execution and how the company is positioned within the regulated utilities group.

OGS: Steady Execution And Measured Outlook Support Future Earnings Potential

Analysts have nudged their average price target for ONE Gas higher by about $3. This reflects updated views on the company’s fair value, projected profit margins, and future P/E assumptions following recent research updates from multiple firms.

OGS: Steady Execution And New Pipeline Project Will Support Future Earnings

Narrative Update: ONE Gas Analyst Price Target Analysts have nudged their views on ONE Gas higher, with recent price targets moving to $79 and $90. This reflects Q4 results that aligned with expectations and an outlook that highlights what they see as ongoing growth opportunities and sector-wide adjustments across regulated utilities.

OGS: Texas Policy And New Projects Will Steady Earnings Outlook

Analysts have nudged their price expectations for ONE Gas higher, with our updated fair value estimate moving from $85 to about $87, informed by recent target increases to $79 and $90 and supported by views that the company has ample growth opportunity over the next several years. Analyst Commentary Recent Street research around ONE Gas has focused on updated price targets, Q4 execution and the company’s longer term growth potential.

ONE Gas' (NYSE:OGS) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 10
ONE Gas' (NYSE:OGS) Shareholders Will Receive A Bigger Dividend Than Last Year

OGS: Texas Policy And Rates Will Steady Earnings And Capital Plans

Narrative Update: ONE Gas Analyst Price Target Shift The analyst price target for ONE Gas has moved higher, with recent Street research pointing to incremental increases such as a US$3 lift at Morgan Stanley and an upgrade to Neutral at UBS with a US$20 higher target. Analysts cite a better earnings outlook, a more balanced valuation, supportive Texas legislation, and interest rate tailwinds.

OGS: Texas Policy And Rate Tailwinds Will Guide Balanced Earnings Outlook

Analysts nudged their fair value estimate for ONE Gas to about $85.00, supported by recent price target increases of $1, to $75, and to $86 that reflect an improved earnings outlook, more balanced valuation, and support from Texas legislation and interest rate tailwinds. Analyst Commentary Bullish Takeaways Bullish analysts point to an improved earnings outlook as a key support for higher fair value, which underpins the recent cluster of price targets near the mid to high US$70s to mid US$80s.

Is Now The Time To Look At Buying ONE Gas, Inc. (NYSE:OGS)?

Jan 21
Is Now The Time To Look At Buying ONE Gas, Inc. (NYSE:OGS)?

OGS: Supportive Texas Policy And Rates Will Shape Measured Future Expectations

Analysts have nudged their price targets for ONE Gas higher, with recent moves such as US$72 to US$75 and US$66 to US$86. This reflects a view that an improved earnings outlook, supportive Texas legislation and interest rate tailwinds now make the stock's valuation look more balanced.

OGS: Supportive Texas Legislation And Interest Rates Will Shape Future Prospects

Analysts have nudged their price targets for ONE Gas higher, with a modest fair value adjustment to approximately $85 per share. This reflects improved earnings visibility, supportive Texas legislation, and a more balanced valuation backdrop.

Despite Price Drop, ONE Gas Is Not A Bargain Yet

Dec 13

OGS: Supportive Texas Legislation And Interest Rates Will Shape Future Performance

Analysts have nudged our price target for ONE Gas modestly higher from approximately $85.36 to $86.07, as improving earnings visibility, supportive Texas legislation, and interest rate tailwinds reinforce a slightly stronger long term growth and valuation outlook. Analyst Commentary Recent Street research reflects a meaningfully improved stance on ONE Gas, with several firms lifting ratings and price targets as they reassess the company’s growth, risk profile, and relative valuation within the regulated utilities space.

OGS: Future Texas Legislation And Regulatory Outcomes Will Influence Performance Outlook

ONE Gas saw its analyst price target raised from $82.50 to $85.36. Analysts cited an improved earnings outlook, positive effects from Texas legislation, and a more balanced valuation in their updated assessments.

ONE Gas, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 06
ONE Gas, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

OGS: Future Regulatory Developments And Texas Legislation Will Shape Sector Discount

ONE Gas's fair value was recently revised upward from $80.07 to $82.50 per share. Analysts cite improved legislative support, regulatory catalysts, and favorable sector dynamics as drivers for their increased price targets.

Unpleasant Surprises Could Be In Store For ONE Gas, Inc.'s (NYSE:OGS) Shares

Oct 30
Unpleasant Surprises Could Be In Store For ONE Gas, Inc.'s (NYSE:OGS) Shares

Analysts Cite Supportive Legislation and Raised Earnings Outlook in ONE Gas Valuation Update

Analysts have raised the fair value estimate for ONE Gas from $76.67 to $80.07 per share. They cite regulatory catalysts, supportive legislation, and the company’s attractive relative valuation as key drivers for the updated price target.

Is Now The Time To Put ONE Gas (NYSE:OGS) On Your Watchlist?

Sep 09
Is Now The Time To Put ONE Gas (NYSE:OGS) On Your Watchlist?

Here's What To Make Of ONE Gas' (NYSE:OGS) Decelerating Rates Of Return

Aug 22
Here's What To Make Of ONE Gas' (NYSE:OGS) Decelerating Rates Of Return

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

Jul 28
Calculating The Intrinsic Value Of ONE Gas, Inc. (NYSE:OGS)

There's Reason For Concern Over ONE Gas, Inc.'s (NYSE:OGS) Price

Jun 30
There's Reason For Concern Over ONE Gas, Inc.'s (NYSE:OGS) Price

We Think Some Shareholders May Hesitate To Increase ONE Gas, Inc.'s (NYSE:OGS) CEO Compensation

May 16
We Think Some Shareholders May Hesitate To Increase ONE Gas, Inc.'s (NYSE:OGS) CEO Compensation

Earnings Update: ONE Gas, Inc. Beat Earnings And Now Analysts Have New Forecasts For This Year

May 09
Earnings Update: ONE Gas, Inc. Beat Earnings And Now Analysts Have New Forecasts For This Year

ONE Gas: Valuation Looks Attractive At First, But This Does Not Tell The Whole Story

Apr 08
User avatar

Innovations And Challenges Steer Gas Utility Toward Revenue And Margin Growth

Regulatory approval for increased rates after a settlement suggests enhanced future revenue stability and growth.

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

Apr 06

CEO Compensation Analysis

How has Sid McAnnally's remuneration changed compared to ONE Gas's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$6mUS$925k

US$264m

Sep 30 2025n/an/a

US$255m

Jun 30 2025n/an/a

US$248m

Mar 31 2025n/an/a

US$243m

Dec 31 2024US$5mUS$850k

US$223m

Sep 30 2024n/an/a

US$217m

Jun 30 2024n/an/a

US$222m

Mar 31 2024n/an/a

US$228m

Dec 31 2023US$5mUS$735k

US$231m

Sep 30 2023n/an/a

US$228m

Jun 30 2023n/an/a

US$226m

Mar 31 2023n/an/a

US$225m

Dec 31 2022US$3mUS$675k

US$222m

Sep 30 2022n/an/a

US$215m

Jun 30 2022n/an/a

US$212m

Mar 31 2022n/an/a

US$210m

Dec 31 2021US$3mUS$545k

US$206m

Sep 30 2021n/an/a

US$204m

Jun 30 2021n/an/a

US$205m

Mar 31 2021n/an/a

US$200m

Dec 31 2020US$2mUS$421k

US$196m

Sep 30 2020n/an/a

US$189m

Jun 30 2020n/an/a

US$186m

Mar 31 2020n/an/a

US$185m

Dec 31 2019US$1mUS$380k

US$187m

Compensation vs Market: Sid's total compensation ($USD5.58M) is below average for companies of similar size in the US market ($USD8.44M).

Compensation vs Earnings: Sid's compensation has been consistent with company performance over the past year.


CEO

Sid McAnnally (61 yo)

4.8yrs
Tenure
US$5,575,027
Compensation

Mr. Robert S. McAnnally, also known as Sid, serves as President, Chief Executive Officer and Manager of Kansas Gas Service Securitization I, L.L.C. Mr. McAnnally serves as Chief Executive Officer and Direc...


Leadership Team

NamePositionTenureCompensationOwnership
Robert McAnnally
CEO & Director4.8yrsUS$5.58m0.095%
$ 5.2m
Curtis Dinan
President & COO4.8yrsUS$2.59m0.24%
$ 13.0m
Christopher Sighinolfi
Senior VP & CFO2.3yrsUS$1.75m0.0087%
$ 477.3k
Mark Bender
Senior VP of Administration & Chief Information Officer12yrsUS$1.02m0.046%
$ 2.5m
W. Shortridge
Senior Vice President of Operations & Customer Service4.1yrsUS$1.12m0.021%
$ 1.1m
Brian Brumfield
VP, Chief Accounting Officer & Controller3.4yrsno data0.0059%
$ 322.2k
Erin Dailey
Director of Investor Relations & Sustainabilityno datano datano data
Regina Gregory
Senior VPless than a yearno datano data
Julie White
Vice President of Communications8.2yrsno datano data
Angela Kouplen
Senior VP & Chief Human Resources Officer2.6yrsno data0.0030%
$ 162.8k
Brian Shore
VP, Associate General Counsel & Corporate Secretaryno datano datano data
4.1yrs
Average Tenure
57yo
Average Age

Experienced Management: OGS's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert McAnnally
CEO & Director4.8yrsUS$5.58m0.095%
$ 5.2m
Pattye Moore
Independent Director12.3yrsUS$250.00k0.00080%
$ 44.0k
Eduardo Rodriguez
Lead Independent Director12.3yrsUS$275.00k0.021%
$ 1.2m
John Gibson
Non-Executive Chairman of the Board12.3yrsUS$384.86k0.43%
$ 23.9m
Tracy Hart
Independent Director7.8yrsUS$265.00k0.015%
$ 841.3k
Yves Siegel
Independent Director1.8yrsUS$245.00kno data
Deborah A. Hersman
Independent Director2.8yrsUS$262.50kno data
Michael Hutchinson
Independent Director12.3yrsUS$265.00k0.023%
$ 1.3m
Sanjay Meshri
Independent Director1.8yrsUS$270.00k0.0057%
$ 314.5k
7.8yrs
Average Tenure
64yo
Average Age

Experienced Board: OGS's board of directors are considered experienced (7.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 21:25
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

ONE Gas, Inc. is covered by 15 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 FowlerBofA Global Research
Ross FowlerBofA Global Research
Lynsey ProutBofA Global Research