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

ONE Gas (NYSE:OGS) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 4.830-4.950 for the period, compared to the consensus earnings per share estimate of 4.780. The company issued revenue guidance of -.

Analysts Set New Price Targets

OGS has been the subject of a number of recent research reports. Morgan Stanley upped their price target on ONE Gas from $84.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. Weiss Ratings raised ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. Stifel Nicolaus increased their price objective on shares of ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research note on Tuesday, February 24th. Finally, Truist Financial started coverage on shares of ONE Gas in a report on Monday, April 20th. They issued a “buy” rating and a $99.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.00.

ONE Gas Price Performance

Shares of OGS traded down $0.12 during midday trading on Monday, hitting $88.79. The company’s stock had a trading volume of 387,388 shares, compared to its average volume of 467,961. The company has a quick ratio of 0.48, a current ratio of 0.60 and a debt-to-equity ratio of 0.68. ONE Gas has a one year low of $70.87 and a one year high of $90.78. The stock has a market capitalization of $5.57 billion, a price-to-earnings ratio of 20.32, a price-to-earnings-growth ratio of 2.98 and a beta of 0.72. The company’s fifty day simple moving average is $87.30 and its two-hundred day simple moving average is $82.75.

ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. The business had revenue of $689.37 million during the quarter, compared to the consensus estimate of $990.44 million. ONE Gas had a return on equity of 8.24% and a net margin of 10.89%.ONE Gas’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.34 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, equities analysts expect that ONE Gas will post 4.8 earnings per share for the current fiscal year.

Insider Activity at ONE Gas

In related news, insider Brian F. Brumfield sold 1,000 shares of ONE Gas stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $86.44, for a total transaction of $86,440.00. Following the sale, the insider directly owned 2,246 shares of the company’s stock, valued at approximately $194,144.24. The trade was a 30.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.92% of the company’s stock.

Institutional Trading of ONE Gas

Hedge funds and other institutional investors have recently modified their holdings of the stock. Triumph Capital Management boosted its holdings in shares of ONE Gas by 247.0% during the 4th quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 247 shares in the last quarter. Quarry LP increased its holdings in ONE Gas by 188.0% in the 4th quarter. Quarry LP now owns 409 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 267 shares in the last quarter. Smartleaf Asset Management LLC raised its position in ONE Gas by 85.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 441 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 203 shares during the last quarter. Advisory Services Network LLC bought a new position in ONE Gas in the third quarter valued at about $36,000. Finally, Daiwa Securities Group Inc. acquired a new stake in shares of ONE Gas during the second quarter valued at about $50,000. Institutional investors own 88.71% of the company’s stock.

About ONE Gas

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.