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

ONE Gas (NYSE:OGS) posted its quarterly earnings data on Wednesday. The utilities provider reported $1.34 earnings per share for the quarter, hitting the consensus estimate of $1.34, Zacks reports. ONE Gas had a net margin of 10.52% and a return on equity of 7.71%. The company had revenue of $630.70 million during the quarter, compared to analysts’ expectations of $973.58 million. ONE Gas updated its FY 2025 guidance to 4.200-4.320 EPS.

ONE Gas Stock Performance

OGS stock traded down $1.42 during mid-day trading on Thursday, hitting $71.00. The company had a trading volume of 47,989 shares, compared to its average volume of 399,709. The firm has a market cap of $4.02 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 3.67 and a beta of 0.72. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.37 and a current ratio of 0.50. ONE Gas has a 12 month low of $57.74 and a 12 month high of $78.89. The stock’s fifty day moving average price is $70.09 and its two-hundred day moving average price is $71.42.

ONE Gas Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a $0.67 dividend. This is a positive change from ONE Gas’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.68 annualized dividend and a yield of 3.77%. ONE Gas’s payout ratio is currently 69.79%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on OGS shares. Wells Fargo & Company decreased their price objective on shares of ONE Gas from $82.00 to $81.00 and set an “overweight” rating for the company in a research report on Wednesday, November 6th. StockNews.com cut shares of ONE Gas from a “hold” rating to a “sell” rating in a report on Saturday, January 18th. LADENBURG THALM/SH SH cut shares of ONE Gas from a “buy” rating to a “neutral” rating and set a $75.50 price objective for the company. in a report on Friday, December 6th. Jefferies Financial Group reduced their price objective on shares of ONE Gas from $79.00 to $76.00 and set a “hold” rating for the company in a report on Tuesday, January 28th. Finally, Stifel Nicolaus raised their price target on shares of ONE Gas from $73.00 to $74.00 and gave the company a “hold” rating in a research report on Friday, December 6th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus 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.