ONE Gas (NYSE:OGS) Posts Earnings Results, Hits Expectations

ONE Gas (NYSE:OGS) issued its earnings results on Wednesday. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.34, Zacks reports. The firm had revenue of $630.70 million during the quarter, compared to analysts’ expectations of $973.58 million. ONE Gas had a net margin of 10.70% and a return on equity of 7.89%. ONE Gas updated its FY 2025 guidance to 4.200-4.320 EPS.

ONE Gas Trading Up 1.3 %

Shares of OGS opened at $72.54 on Friday. ONE Gas has a 12-month low of $57.74 and a 12-month high of $78.89. The firm has a market capitalization of $4.11 billion, a P/E ratio of 18.57, a P/E/G ratio of 3.65 and a beta of 0.72. The firm has a 50-day moving average price of $70.14 and a 200 day moving average price of $71.42. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 0.85.

ONE Gas Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be given a dividend of $0.67 per share. This is a boost from ONE Gas’s previous quarterly dividend of $0.66. The ex-dividend date is Friday, February 21st. This represents a $2.68 annualized dividend and a dividend yield of 3.69%. ONE Gas’s payout ratio is presently 67.52%.

Analyst Ratings Changes

OGS has been the subject of a number of recent research reports. LADENBURG THALM/SH SH lowered ONE Gas from a “buy” rating to a “neutral” rating and set a $75.50 price objective for the company. in a research note on Friday, December 6th. Wells Fargo & Company dropped their target price on ONE Gas from $82.00 to $81.00 and set an “overweight” rating on the stock in a report on Wednesday, November 6th. StockNews.com raised ONE Gas from a “sell” rating to a “hold” rating in a report on Thursday. Stifel Nicolaus upped their price target on ONE Gas from $73.00 to $74.00 and gave the stock a “hold” rating in a report on Friday, December 6th. Finally, Jefferies Financial Group reduced their target price on shares of ONE Gas from $79.00 to $76.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $72.31.

ONE Gas Company Profile

ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.