ONE GAS INC (OGS)
Utilities · Gas Utilities · NYSE
A regulated natural gas distribution utility operating infrastructure across Oklahoma, Kansas, and Texas to deliver safe and reliable energy to customers.
What ONE GAS INC does
ONE Gas is a regulated natural gas distribution utility that provides natural gas delivery services to residential, commercial, and industrial customers. The company operates through its regional utility divisions primarily in Oklahoma, Kansas, and Texas. It focuses on the safe and reliable transmission and distribution of natural gas through its infrastructure networks.
Themes: natural gas distribution, regulated utility, utility infrastructure, energy delivery
Fundamentals
- Price$72.36 as of 2026-10-08 close
- Market cap$4.5B as of 2026-07-24 (share count; price 2026-10-08)
- 1-year return-10.7% 2025-10-08 close $81.00 → 2026-10-08 close $72.36
- P/E15.61 as of 2026-10-08
- Net margin+8.6% FY2022, SEC XBRL
- ROE+7.7% FY2025, SEC XBRL
- Debt / equity0.96 as of 2026-09-02
- Revenue growth (YoY)-0.8% as of 2026-09-02
- Revenue CAGR (3y)+16.0% SEC XBRL
- Beta0.13 as of 2026-09-02
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +3.6%; 12-year non-decreasing per-share dividend streak (SEC XBRL).
How OGS compares in its sector
- price-to-earnings ratiobottom 25% 67 covered Utilities peers, as of 2026-10-08
- net profit marginbottom 25% 65 covered Utilities peers, as of 2026-09-02
- operating marginbottom 25% 62 covered Utilities peers, as of 2026-09-02
- return on equitybottom 25% 72 covered Utilities peers, as of 2026-09-02
- 3-year revenue CAGRtop 10% 70 covered Utilities peers
- indicated dividend yieldmiddle range 67 covered Utilities peers, as of 2026-09-02
- free cash flow (absolute dollars, latest fiscal year)middle range 57 covered Utilities peers, as of FY2025
Position among covered Utilities companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
OGS is in the Top 10 — Utilities.
Top 10 — Utilities — since 18 Aug 2026
Top 10 score
50.3 #723 of 1,379 scored · #11 of 54 in Utilities
Valuation 84th (price to book 1.3, price to earnings 15.6) and financial health 64th (free cash flow margin 37.3%, debt to equity 1); weakest is trend (25th, a strong downtrend, with sellers in control).
In this list since 18 Aug 2026 — currently 8th in the list (51 days)
- Entered 18 Aug 2026: first selection for this list at rank 7, score 51.9.
- Held its place at 2 rebalances between 1 Sep 2026 and 1 Oct 2026.
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, OGS's dividend was covered by reported results (earnings payout 61%). This describes past coverage, not a forecast.
- Earnings payout61% dividends / net income
- Free-cash-flow payoutnot assessable free cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ONE GAS INC looks technically
ONE GAS INC (OGS) is trading 10.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 69 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 36, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 34, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive). It made a new 20-day low about 9 trading days ago. It is 2.8% above its 52-week low (its lowest price of the past year). Trading volume is running unusually high — about 2.1× its 30-day average, a sign of heightened interest.
Trend
7
| Distance from the 200-day | it is trading 10.7% below its 200-day average, the long-term trend line — a long-term downtrend | -10.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $77.33 | $77.33 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $81.03 | $81.03 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 69 trading days ago — a "death cross", a bearish long-term signal | 69 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 36, with sellers in control | 36.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 34, neither overbought (above 70) nor oversold (below 30) | 34.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($70.37 to $75.98) — its "stochastic" reading is 35 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 35.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $90.78 | $90.78 |
|---|---|---|
| From the 52-week high | it is 20.3% below its 52-week high (its highest price of the past year) | -20.3% |
| Above the 52-week low | it is 2.8% above its 52-week low (its lowest price of the past year) | +2.8% |
| Below the 52-week high | it is 20.3% below its highest point of the past year | 20.3% |
| Since a 20-day breakout | it made a new 20-day low about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day low about 9 trading days ago | 9 sessions |
| All-time high | its highest closing price on record is $96.97 (set on 2020-02-18) | $96.97 |
| Given back of the 52-week move | over the past year its closes ranged ($71.66 to $90.64), and it has recovered only a small part of its fall from last year’s high — 4% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $83.39 to $84.00. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 3.7% |
| From the all-time high | it is 25.4% below its all-time high | -25.4% |
| Nearest price level | it is sitting right on a support level at $72.06 — a price it turned at five times since 2025-03-12, most recently on 2025-08-06. Since 2024-10-08 it has 4 such levels below the current price and 7 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.4% |
| All-time low | its lowest closing price on record is $31.94 (set on 2014-02-13) | $31.94 |
| Above the all-time low | it is 126.5% above its all-time low | +126.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 75% of it) | 75th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.30 between its high and its low — about 1.8% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.30 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $69.73 and $77.62 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $69.73 – $73.68 – $77.62 |
| Typical daily range (% of price) | its price moves about 1.8% in a typical session — among the calmest in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 1.8% |
| Stretch from the 200-day average | it is trading 6.7 daily ranges below its 200-day average price (10.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 2.1× its 30-day average, a sign of heightened interest | 2.12× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.4% since the prior reading | -0.4% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has softened toward "sell" since the prior reading | 0.03 toward sell |
Candlestick patterns
2
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|---|---|
| Since a hammer | 5 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 5 sessions ago |
Price gaps
1
| Gap at the open | it opened on 2026-10-08 1.1% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -1.1% |
|---|
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -1.08% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 11.4 percentage points (the stock lost 10.4% while the market gained 1.0%) | -11.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 11.3 percentage points (the stock lost 7.5% while the market gained 3.8%) | -11.3% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 35.7 percentage points (the stock lost 18.3% while the market gained 17.5%) | -35.7% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 25.6 percentage points (the stock lost 10.7% while the market gained 15.0%) | -25.6% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 8.4% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 1.2% of the share price, which is taken to mean a barrier that gives way easily. | -8.4% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 10% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $80.21 — a volume-weighted average of daily closes over 191 sessions, not a true tick-by-tick VWAP. | -9.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% below the average price paid since it last reported on 2026-08-04 (its 8-K), so the typical buyer over that stretch is under water. That average is $76.61 — a volume-weighted average of daily closes over 47 sessions, not a true tick-by-tick VWAP. | -5.5% |
Ascending triangle, either side — broke down · the lower entry $79.41 · 72 sessions in
Price levels it has turned at before
OGS last closed at $72.36 on 2026-10-08. Since 2024-10-08 it has turned at 4 prices below its last close and 7 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $72.06 | Support | 0.4% below the last close | turned there five times · 2025-03-12 to 2025-08-06 |
| $70.51 | Support | 2.5% below the last close | turned there six times · 2024-12-27 to 2026-10-01 |
| $74.47 | Resistance | 2.9% above the last close | turned there 8 times · 2024-10-21 to 2026-06-17 |
| $68.31 | Support | 5.6% below the last close | turned there three times · 2024-11-05 to 2025-02-20 |
| $76.42 | Resistance | 5.6% above the last close | turned there 13 times · 2025-03-03 to 2026-08-04 |
| $78.95 | Resistance | 9.1% above the last close | turned there 9 times · 2024-11-25 to 2026-08-31 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Near the 52-week low · Pulled back from the 12-month high · Unusually heavy trading volume · MACD just crossed bullish (12/26/9) · lagging the market | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.70 mean, 1=Strong Buy…5=Strong Sell) — 9 analysts
- Mean price target$88.72 range $79.00 – $103.00; median $87.00
Analyst estimates, as of 2026-10-04. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for OGS
- Consensus EPS estimate$0.4786 next reporting period, as of 2026-10-04
- Estimate change, 30 days-$0.00143 (-0.3%) from $0.48, on 2026-08-30, 35-day window
- Readings revised upward25% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Reliance on regulatory approval for rate changes and cost recovery.","Exposure to weather variability impacting heating demand.","Strict safety and environmental compliance requirements (e.g., PHMSA regulations)."]
What changed in the latest 10-Q
AI-assisted comparison of OGS's 10-Q filed 2026-05-05 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-05) adds disclosure of non-GAAP financial measures (adjusted net income and adjusted net income per share) and their use by Management and the Board of Directors in the opening paragraph
- Newer filing adds 'Income Tax Refund' section disclosing $64.3 million IRS refund received in April 2026 related to 2022 tax return amendment
- Newer filing adds 'Kansas House Bill 2435' section describing law signed in April 2026 expanding GSRS eligible investments and increasing maximum monthly residential surcharge to $1.35 from $0.80, effective July 1, 2026
- Newer filing adds 'At-the-Market Equity Program' section disclosing $225 million equity distribution agreement entered into in February 2026 with $204.4 million available at March 31, 2026
- Newer filing updates 'Texas House Bill 4384' section to note RRC formally approved and adopted implementing rule on February 24, 2026
- Newer filing adds Oklahoma regulatory activity for 2026 showing $28.7 million base rate increase request filed February 26, 2026 with hearing scheduled June 11, 2026
- Newer filing adds Texas GRIP filing for March 2026 requesting $36.9 million increase effective July 2026
- Newer filing presents financial results for three months ended March 31, 2026 showing net income of $128.7 million ($2.04 per diluted share) and adjusted net income of $133.4 million ($2.11 per share)
- Removed:
- Older filing (2025-11-04) contains seasonal business disclaimer that is not present in newer filing
- Older filing contains 'Credit Facility' section describing October 2025 amendment increasing capacity to $1.5 billion and extending term to October 2030, which is removed in newer filing
- Older filing contains 'Unsecured Term Loan' section describing August 2025 $250 million 13-month term loan agreement, which is removed in newer filing
- Older filing contains Oklahoma regulatory activity for 2025 describing February 27, 2025 PBRC application filing with settlement reached in February 2026 and OCC approval on July 23, 2025, which is replaced with 2026 filing information in newer version
- Older filing contains 'Kansas - In April 2025' section describing $7.2 million GSRS increase request and KCC approval in July 2025, which is removed in newer filing
- Older filing contains detailed Texas regulatory activities for 2025 including multiple service area GRIP filings (West-North, Central-Gulf, Rio Grande Valley) and consolidated rate case filing, which are removed in newer filing
- Older filing presents financial results for three and nine months ended September 30, 2025 with comparative data, which is replaced with March 31, 2026 quarterly results in newer filing
- Reworded:
- Dividend amount increased from $0.67 per share ($2.68 annualized) in May 2025 to $0.68 per share ($2.72 annualized) in May 2026
- Oklahoma base rate increase request decreased from $41.5 million (filed February 27, 2025) to $28.7 million (filed February 26, 2026)
- Texas House Bill 4384 section updated to reflect actual RRC rule adoption on February 24, 2026, whereas older filing stated RRC 'is required to adopt rules' within 270 days
- Notes:
- The two filings cover different fiscal periods (Q2 2026 vs. Q3 2025) and therefore contain substantially different recent developments and regulatory activities that are period-specific rather than true revisions
- The financial results tables present different comparative periods reflecting the different quarter-ends of each filing
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
Most recent open-market transaction: 2026-03-06. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about OGS's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding OGS as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 12,882,272
- Reported value $992,836,723
reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about OGS's institutional holders → See what each manager we track holds →
Short interest (FINRA)
OGS had 3,820,383 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
OGS had 6.08% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 7.35 days to cover at the same settlement.
- Reported short interest (shares) 3,820,383
- Short interest (% of shares outstanding) 6.08%
- Prior settlement (shares) 3,600,474
- Reported change 6.11%
- Days to cover (reported) 7.35
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does ONE GAS INC (OGS) do?
ONE Gas is a regulated natural gas distribution utility that provides natural gas delivery services to residential, commercial, and industrial customers. The company operates through its regional utility divisions primarily in Oklahoma, Kansas, and Texas. It focuses on the safe and reliable transmission and distribution of natural gas through its infrastructure networks.
What sector is ONE GAS INC (OGS) in?
ONE GAS INC (OGS) is classified in the Utilities sector. Its industry is Gas Utilities. It trades on NYSE.
Does OGS pay a dividend?
Yes — ONE GAS INC (OGS) pays a dividend, with an indicated yield of about 3.62% and 12-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-02). Informational only — not financial advice.
Who are ONE GAS INC's (OGS) competitors?
Notable peers of ONE GAS INC (OGS) include Atmos Energy, Spire, NiSource, UGI Corporation and Southwest Gas Holdings. This peer set is informational only — not financial advice.
Is ONE GAS INC (OGS) overbought or oversold right now?
ONE GAS INC (OGS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 34, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on OGS come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.