ONE Gas (NYSE:OGS) Issues FY 2026 Earnings Guidance

ONE Gas (NYSE:OGS) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.830-4.950 for the period, compared to the consensus EPS estimate of 4.840. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. BTIG Research reissued a “buy” rating and set a $96.00 price target on shares of ONE Gas in a report on Thursday, July 23rd. Morgan Stanley increased their price objective on ONE Gas from $80.00 to $81.00 and gave the stock an “equal weight” rating in a research report on Friday, July 17th. Wells Fargo & Company started coverage on shares of ONE Gas in a research report on Monday, May 11th. They set an “underweight” rating and a $85.00 price objective for the company. Weiss Ratings downgraded shares of ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Finally, Mizuho cut their price target on shares of ONE Gas from $94.00 to $89.00 and set an “outperform” rating for the company in a report on Tuesday, June 9th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $89.70.

ONE Gas Price Performance

Shares of NYSE:OGS traded down $0.97 during midday trading on Tuesday, hitting $77.43. 685,805 shares of the stock were exchanged, compared to its average volume of 552,878. ONE Gas has a twelve month low of $71.71 and a twelve month high of $90.78. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 0.66. The company has a 50 day moving average price of $78.22 and a 200-day moving average price of $82.56. The stock has a market cap of $4.86 billion, a P/E ratio of 17.48, a PEG ratio of 2.56 and a beta of 0.66.

ONE Gas (NYSE:OGS) last issued its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.19. The firm had revenue of $411.64 million for the quarter, compared to analysts’ expectations of $410.29 million. ONE Gas had a net margin of 11.77% and a return on equity of 8.45%. The firm’s revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.53 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, research analysts forecast that ONE Gas will post 4.88 earnings per share for the current year.

Institutional Investors Weigh In On ONE Gas

A number of institutional investors and hedge funds have recently bought and sold shares of OGS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of ONE Gas by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,528 shares of the utilities provider’s stock worth $2,534,000 after acquiring an additional 1,461 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of ONE Gas by 895.0% during the first quarter. NewEdge Advisors LLC now owns 2,985 shares of the utilities provider’s stock valued at $226,000 after acquiring an additional 2,685 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of ONE Gas by 9.8% during the first quarter. Empowered Funds LLC now owns 5,848 shares of the utilities provider’s stock valued at $442,000 after acquiring an additional 522 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in ONE Gas by 18.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 219,598 shares of the utilities provider’s stock worth $16,599,000 after purchasing an additional 34,647 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of ONE Gas in the first quarter valued at approximately $5,876,000. Hedge funds and other institutional investors own 88.71% of the company’s stock.

ONE Gas Company Profile

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.