Stock events for ONE Gas, Inc. (OGS)
Over the past six months, ONE Gas (OGS) stock has experienced notable events and analyst activity, including a share price increase, an upgrade to "Outperform" by Mizuho, a public offering of common stock, financial results announcements, and revised financial guidance, along with analyst price target adjustments and the launch of a major natural gas pipeline project in Oklahoma.
Demand Seasonality affecting ONE Gas, Inc.’s stock price
Demand for ONE Gas, Inc.'s products and services exhibits seasonality, primarily influenced by weather conditions, with colder weather leading to increased demand, but the company employs revenue protection strategies to mitigate the risk of seasonal demand swings due to its regulated utility status.
Overview of ONE Gas, Inc.’s business
ONE Gas, Inc. (OGS) is a regulated natural gas utility company in the United States, operating within the Utilities sector, specifically the Gas Utilities industry, providing natural gas distribution services to various customers through its extensive pipeline network.
OGS’s Geographic footprint
Headquartered in Tulsa, Oklahoma, ONE Gas serves approximately 2.3 million customers across Oklahoma, Kansas, and Texas, operating through Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service divisions, with key distribution markets including Oklahoma City, Tulsa, Kansas City, Wichita, Topeka, Austin, and El Paso.
OGS Corporate Image Assessment
ONE Gas has maintained a positive brand reputation over the past year, particularly in areas of safety, environmental sustainability, and workforce culture, demonstrated by recognition for employee safety, progress in emissions reduction, increased employee engagement, and strong community engagement.
Ownership
Institutional investors hold a significant portion of ONE Gas, Inc.'s stock, with approximately 95.3% of shares held by institutions, while individual insiders own approximately 1.28% of the company's shares, and the general public owns about 3.44%.
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$77.55