ONE Gas (OGS)

• Market cap: $4.57B
• 1 day: -1.50%
• 5 days: 1.10%
• 1 month: 4.45%
• 3 months: 5.78%
• 6 months: 3.33%
• Year to date: 11.64%
• 1 year: 18.08%
• 5 years: -10.46%
• 10 years: 78.88%
• Sector: Utilities
• Industry: Gas Utilities

About: ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. The company controls considerable market shares in Oklahoma and Kansas.

Employees: 3,900

Fund manager confidence

Based on 2024 Q4 regulatory disclosures 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

26% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 95

4% more funds holding

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

1.34% more ownership

Funds ownership: 94.57% [Q3] → 95.91% (+1.34%) [Q4]

5% less capital invested

Capital invested by funds: $3.97B [Q3] → $3.76B (-$207M) [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: $77 1% upside
• High target: $84 10% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 92 / 170 met price target	10% upside $84	Buy Upgraded	7 Apr 2025
Morgan Stanley Stephen Byrd 56% 1-year accuracy 60 / 108 met price target	8% downside $70	Equal-Weight Maintained	20 Mar 2025