ONE Gas, Inc. (OGS)

ONE Gas stock has increased by 5.51% over the last six months and 12.37% over the past year, reaching a 52-week high of $83.39. The company announced its second-quarter 2025 earnings, reporting $0.53 EPS, meeting estimates, but revenue slightly missed expectations; it raised its full-year guidance and announced a quarterly dividend of $0.67. Analyst ratings have been positive, with upgrades from Mizuho and Jefferies Financial Group, and Weiss Ratings reiterating a "buy" rating. The company is expected to announce its Q3 2025 results on November 3, 2025.

Demand for ONE Gas's products and services is seasonal, peaking in the winter due to heating needs and with a smaller peak in the summer due to air conditioning-related electricity demand. Demand drops during the spring and fall, necessitating strategic management of natural gas storage with injections from April to October and withdrawals from November to March.

ONE Gas, Inc. operates as a fully regulated natural gas distribution utility, focusing on providing services to residential, commercial, industrial, and transportation customers, including natural gas supply for heating, cooking, and customized energy solutions, while also investing in pipeline infrastructure maintenance and upgrades.

Headquartered in Tulsa, Oklahoma, ONE Gas serves approximately 2.3 million customers across Oklahoma, Kansas, and Texas through its divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service, which are major natural gas distributors in their respective states. Key markets include Oklahoma City and Tulsa in Oklahoma; Kansas City, Wichita, and Topeka in Kansas; and Austin and El Paso in Texas.

ONE Gas has maintained a positive brand reputation through its commitment to safety, environmental stewardship, and community engagement. The company's Sustainability Report highlighted a 51% reduction in Scope 1 emissions, progressing towards a 55% reduction goal by 2035. ONE Gas was recognized for excellence in employee safety for the eighth consecutive year and reported increased employee engagement. Community engagement efforts included over 10,000 volunteer hours and $3.3 million in donations. Analyst ratings generally reflect a positive outlook, with an average rating of "Moderate Buy".

Institutional investors hold a significant portion of ONE Gas, Inc. stock, ranging from approximately 88.71% to 95.53%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Wellington Management Group LLP, American Century Companies Inc, State Street Corp, and T. Rowe Price Investment Management, Inc. John William Gibson is the largest individual shareholder, owning 546,509 shares, representing 0.91% of the company.