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

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Weiss Ratings upgraded shares of ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. Stifel Nicolaus raised their price objective on shares of ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a report on Tuesday, February 24th. Morgan Stanley raised their price objective on shares of ONE Gas from $84.00 to $86.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 21st. Finally, Truist Financial assumed coverage on shares of ONE Gas in a report on Monday, April 20th. They set a “buy” rating and a $99.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, ONE Gas currently has an average rating of “Moderate Buy” and a consensus price target of $89.00.

ONE Gas Stock Up 0.2%

OGS stock traded up $0.19 during midday trading on Tuesday, hitting $89.01. The company’s stock had a trading volume of 35,956 shares, compared to its average volume of 462,730. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.60 and a quick ratio of 0.48. ONE Gas has a twelve month low of $70.87 and a twelve month high of $90.78. The company’s fifty day moving average price is $87.30 and its 200 day moving average price is $82.75. The stock has a market capitalization of $5.59 billion, a P/E ratio of 20.48, a PEG ratio of 2.98 and a beta of 0.72.

ONE Gas (NYSE:OGS) last issued its quarterly earnings results on Monday, May 4th. The utilities provider reported $2.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.02). ONE Gas had a net margin of 10.89% and a return on equity of 8.24%. The business had revenue of $831.71 million during the quarter, compared to analyst estimates of $969.36 million. During the same quarter in the previous year, the firm posted $1.99 earnings per share. The firm’s quarterly revenue was down 11.1% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, equities research analysts predict that ONE Gas will post 4.8 EPS for the current year.

ONE Gas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 18th will be paid a $0.68 dividend. The ex-dividend date is Monday, May 18th. This represents a $2.72 annualized dividend and a yield of 3.1%. ONE Gas’s payout ratio is 62.24%.

Insiders Place Their Bets

In other news, insider Brian F. Brumfield sold 1,000 shares of ONE Gas stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $86.44, for a total transaction of $86,440.00. Following the completion of the sale, the insider owned 2,246 shares of the company’s stock, valued at approximately $194,144.24. This trade represents a 30.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.92% of the stock is owned by insiders.

ONE Gas News Summary

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: Company raised/updated FY‑2026 EPS guidance to $4.830–$4.950, above the prior consensus (~$4.78), which signals management expects better full‑year earnings momentum. Press Release
• Positive Sentiment: Declared a quarterly dividend of $0.68 per share (annualized yield ~3.1%); ex‑dividend and record dates set for mid‑May — supports yield investors and signals confidence in cash flow and capital return policy. Press Release
• Neutral Sentiment: Company scheduled an analyst call/webcast to discuss Q1 results and guidance, offering investors a chance to hear management detail drivers and outlook. Press Release
• Neutral Sentiment: Multiple coverage and call transcripts are available for deeper reading of the quarter and commentary (Zacks, Stamford Advocate, Fool, Yahoo). These sources provide detail but do not change the underlying fundamentals by themselves. Zacks: Q1 Key Metrics
• Negative Sentiment: Q1 EPS of $2.11 missed the Zacks/consensus estimate of $2.13 and while EPS was up year‑over‑year, the miss pressured sentiment. Zacks: EPS Miss
• Negative Sentiment: Revenue came in at $831.7M vs. consensus ~$969.4M and declined ~11.1% year‑over‑year, a larger-than-expected top‑line shortfall that likely drove the intraday weakness. Earnings Press Release

Institutional Trading of ONE Gas

Institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. increased its holdings in shares of ONE Gas by 1,393.0% during the second 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 during the period. Nuveen LLC boosted its stake in shares of ONE Gas by 101.1% in the fourth quarter. Nuveen LLC now owns 776,495 shares of the utilities provider’s stock valued at $59,984,000 after buying an additional 390,344 shares during the period. Squarepoint Ops LLC boosted its stake in shares of ONE Gas by 187.1% in the second quarter. Squarepoint Ops LLC now owns 550,521 shares of the utilities provider’s stock valued at $39,560,000 after buying an additional 358,779 shares during the period. Deutsche Bank AG grew its position in 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 buying an additional 275,809 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in 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.