ONE Gas (OGS)

• Market cap: $4.55B
• 1 day: 0.56%
• 5 days: 4.42%
• 1 month: -0.05%
• 3 months: 11.17%
• 6 months: 2.81%
• Year to date: 11.17%
• 1 year: 19.48%
• 5 years: -1.78%
• 10 years: 74.58%
• Sector: Utilities
• Industry: Natural Gas Distribution

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

86% more call options, than puts

Call options by funds: $5.87M | Put options by funds: $3.16M

81% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 27

25% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 96

4% more funds holding

Funds holding: 334 [Q3] → 349 (+15) [Q4]

0.13% more ownership

Funds ownership: 95.83% [Q3] → 95.96% (+0.13%) [Q4]

6% less capital invested

Capital invested by funds: $4.02B [Q3] → $3.77B (-$258M) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $70 8% downside
• Avg. target: $73 4% downside
• High target: $76 0% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Morgan Stanley Stephen Byrd 55% 1-year accuracy 60 / 109 met price target	8% downside $70	Equal-Weight Maintained	20 Mar 2025
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 84 / 152 met price target	0% downside $76	Hold Maintained	28 Jan 2025