ONE Gas (NYSE:OGS) Updates 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 (EPS) guidance of 4.830-4.950 for the period, compared to the consensus EPS estimate of 4.840. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

OGS has been the topic of several research reports. BTIG Research restated a “buy” rating and set a $96.00 price target on shares of ONE Gas in a research note on Thursday, July 23rd. Weiss Ratings cut ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Truist Financial reduced their price objective on ONE Gas from $95.00 to $89.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Wall Street Zen lowered ONE Gas from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Wells Fargo & Company started coverage on ONE Gas in a research report on Monday, May 11th. They set an “underweight” rating and a $85.00 price objective on the stock. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ONE Gas currently has a consensus rating of “Hold” and a consensus price target of $89.70.

ONE Gas Price Performance

Shares of OGS stock traded down $0.97 during mid-day trading on Tuesday, reaching $77.43. The company’s stock had a trading volume of 685,805 shares, compared to its average volume of 552,878. The firm’s 50-day moving average is $78.22 and its two-hundred day moving average is $82.56. The company 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 has a 1-year low of $71.71 and a 1-year high of $90.78. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.48 and a current ratio of 0.57.

ONE Gas (NYSE:OGS) last released its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.19. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The company had revenue of $411.64 million for the quarter, compared to the consensus estimate of $410.29 million. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, research analysts predict that ONE Gas will post 4.88 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. raised its stake in ONE Gas by 1,393.0% in the 2nd quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider’s stock worth $114,795,000 after purchasing an additional 1,490,492 shares in the last quarter. Nuveen LLC grew its position in shares of ONE Gas by 101.1% during the 4th quarter. Nuveen LLC now owns 776,495 shares of the utilities provider’s stock worth $59,984,000 after purchasing an additional 390,344 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of ONE Gas by 187.1% during the 2nd quarter. Squarepoint Ops LLC now owns 550,521 shares of the utilities provider’s stock worth $39,560,000 after purchasing an additional 358,779 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of ONE Gas by 339.8% during the fourth quarter. Deutsche Bank AG now owns 356,977 shares of the utilities provider’s stock worth $27,576,000 after purchasing an additional 275,809 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new position in shares of ONE Gas during the second quarter worth approximately $16,354,000. 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.