undamentalytics Newsletter
Sign in

ONE Gas, Inc. (OGS) stock

Add to watchlist

Add holding +

NYSE: OGS NYSE Gas Utilities Next results ~February 17, 2027

ONE Gas, Inc. is a US-listed company in the gas utilities industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Model estimate per share

~$78

Forward price-to-earnings vs peers

Base case. Range ~$77–$97. Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

ONE Gas, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds234 adding, 157 cuttingOf 57 active managers that changed their stake, 34 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~February 17, 2027 (estimated)

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 11% in the quarter to 2026-09-30, the 2nd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in ONE Gas, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Short interest rising. Shares sold short rose 24% in a month to 9.9% of tradable shares.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results

Earnings per share
$0.53 against an average estimate of $0.48: beat by 11.0%
Share reaction
+1.1% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Next report
November 2, 2026; average EPS estimate $1.51

ONE Gas' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.8%
  • 1 week+2.0%
  • 1 month+10.2%
  • This year+6.1%
  • 1 year+3.0%
  • 5 years+38.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results
November 2, 2026
Next results (est.)
February 17, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Announcement
  4. Announcement
  5. Agreement
  6. Results
  7. Governance
  8. Leadership
  9. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

ONE Gas, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value ONE Gas, Inc. as an utility or power producer, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.45 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. — Does not apply: net income is not positive
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$78 ~$77–$97 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: no twelve-month earnings or share count in the filings yet
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: no twelve-month earnings or share count in the filings yet
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: no twelve-month earnings or share count in the filings yet
Combined value Weighted average of the models that apply: the primary model (utility earnings model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$78 ~$77–$97 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare ONE Gas, Inc. with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.91 +12% $2.5bn +2%
Next $5.01 +2% $2.6bn +4%

Next year's EPS estimate has moved −0.2% in 90 days, across 10 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.7% on 90 days ago. In the last 30 days, 0 analysts raised ONE Gas, Inc.'s forecast and 0 cut it.

Consensus EPS forecast ONE Gas, Inc., last 90 days
$4.85 $4.90 $4.95 $5.00 $5.05 $5.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.87 Current fiscal year, 60 days ago: $4.92 Current fiscal year, 30 days ago: $4.92 Current fiscal year, 7 days ago: $4.91 Current fiscal year, Now: $4.91 $4.91 Next fiscal year, 90 days ago: $5.02 Next fiscal year, 60 days ago: $5.06 Next fiscal year, 30 days ago: $5.05 Next fiscal year, 7 days ago: $5.03 Next fiscal year, Now: $5.01 $5.01

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.87$5.02
60 days ago $4.92$5.06
30 days ago $4.92$5.05
7 days ago $4.91$5.03
Now $4.91$5.01

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.48 $0.53 +11.0%
Jun 2026 $0.64 $0.82 +28.4%
Mar 2026 $2.16 $2.11 −2.1%
Dec 2025 $1.43 $1.42 −0.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

10 analysts, Nov 2026
Buy660%
Hold440%
Sell00%

Monthly trend

  1. Nov 202615410
  2. Oct 202616310
  3. Sep 2026639

Counts of recommendations published by analysts covering ONE Gas, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.9%
of tradable shares
Days to cover
6.88
at average volume
Short interest, 1 month
+24%
to October 15, 2026
Held by institutions
95%
of shares
Held by insiders
1.1%
of shares
Employees
4,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
OGS+4%+1%−13%+13%+16%+6%
Industry peers (median)+16%+2%−7%+9%+15%+11%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
OGS33%58%33%42%67%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
OGS−21%−23%−30%−15%−12%−20%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 34% from April 8, 2022 to November 30, 2023. Getting back needed a 50% gain, reached on October 15, 2025, 685 days after the low.

Price behaviour

52-week range
$71.66 – $89.14
From 52-week high
−10.3%
vs 50-day average
+4.9%
vs 200-day average
−0.1%
Volatility (1 year)
18%
Beta vs S&P 500
-0.28

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 5 down
typical move ±1.6%
After a week
6 up, 5 down
typical move ±3.1%
After a month
8 up, 3 down
typical move ±4.5%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 +1.1% +1.6% +1.5% +2.8%
May 4, 2026 −2.5% +0.4% −4.4% −12.9%
February 18, 2026 −0.2% +0.2% +0.8% +1.3%
November 3, 2025 +2.1% −1.0% +1.6% +0.3%
August 5, 2025 +0.7% +0.3% +3.5% +3.5%
May 5, 2025 +3.1% −1.4% −4.9% −5.5%
February 19, 2025 −0.9% −0.2% +3.5% +2.6%
November 4, 2024 +0.7% +1.0% +7.1% +7.9%
August 5, 2024 −4.3% −2.0% −3.2% +2.5%
May 6, 2024 −0.9% +1.1% −2.5% −5.1%
February 21, 2024 +1.3% +2.2% −0.7% +5.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms . Generated November 3, 2026. Definitions in our methodology.

Who owns it

Funds buying and selling
Reported value
$4.5B
Institutions reporting
427
Shares held vs prior quarter
▲ 3.9%
Positions opened / closed
53 / 49

Top buyers and sellers, Q2 2026: 234 institutions bought and 157 sold ; the biggest buyer was AQR Capital Management LLC (+614K shares) and the biggest seller Wellington Management Group LLP (−2.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $701M 9.1M 15.5% ▼ 0.2%
Vanguard Portfolio Management LLC $286M 3.7M 6.3% ▲ 3.5%
American Century Companies Inc $273M 3.5M 6.0% ▲ 5.0%
State Street Corp $252M 3.3M 5.6% ▲ 7.6%
Vanguard Capital Management LLC $217M 2.8M 4.8% ▲ 1.6%
Geode Capital Management, LLC $151M 2.0M 3.3% ▲ 23.8%
T. Rowe Price Investment Management, Inc. $143M 1.9M 3.2% ▼ 0.2%
Energy Income Partners, LLC $136M 1.8M 3.0% ▲ 32.5%
Alliancebernstein L.P. $128M 1.5M 2.8% ▼ 2.0%
AQR Capital Management LLC $86.3M 1.1M 1.9% ▲ 121.3%
Earnest Partners LLC $85.6M 1.1M 1.9% ▼ 3.7%
Boston Trust Walden Corp $80.6M 1.0M 1.8% ▼ 3.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not ONE Gas, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $396,409 3 trades by 3 insiders · 0% under pre-set plans
Net ▼ $396,409 net selling
Insider Date Trade Shares Price Value
Rodriguez Eduardo A Director March 6, 2026 Sell 850 $86.34 $73,389
Brumfield Brian F. See Remarks February 24, 2026 Sell 1,000 $86.44 $86,440
Hutchinson Michael G Director December 4, 2025 Sell 3,000 $78.86 $236,580

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 4 trades and filings

No trades in ONE Gas, Inc. disclosed in the last 12 months; 4 earlier trades on record.

  • Daniel S. Goldman(D-NY 10):Sale (full), $1,001 - $15,000, traded July 12, 2023, filed August 13, 2023
  • Daniel S. Goldman(D-NY 10):Purchase, $1,001 - $15,000, traded April 10, 2023, filed May 19, 2023
  • Thomas MacArthur(NJ):Sale (full), $15,001 - $50,000, traded February 1, 2016, filed March 3, 2016

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 17, 2027 estimated from the company's past filing pattern, not announced

  • November 2, 2026
  • August 4, 2026
  • May 4, 2026
  • February 18, 2026
  • November 3, 2025
  • August 5, 2025

Recent SEC filings

Data status

When each part of this page on ONE Gas, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

ONE Gas, Inc. in brief

What does ONE Gas, Inc. do?
ONE Gas, Inc. is a US-listed company in the gas utilities industry. Its financial year ends in December.
What is ONE Gas, Inc.'s stock ticker?
ONE Gas, Inc. trades under the ticker OGS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are ONE Gas, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and American Century Companies Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Are insiders buying or selling ONE Gas, Inc. stock?
Over the last 12 months, ONE Gas, Inc.'s directors and officers reported 0 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is ONE Gas, Inc.'s next earnings date?
Around February 17, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — ONE Gas, Inc. announces its own schedule.