OGS
ONE Gas, Inc.
OGS's fundamentals are mixed: earnings per share grew 9.3%. At 18x earnings, it's trading in line with its usual 19x. Analysts expect earnings to hold roughly steady.
OGS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Unavailable |
OGS's profitability is currently healthy. There isn't enough data to rate its revenue, cash flow and balance sheet.
OGS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $80.72 | -2.3% |
| Forward | 17x | $82.59 | — |
| Current | 18x | $82.59 | — |
| Fair | 19x | $89.97 | +8.9% |
| Expensive | 22x | $101 | +22% |
Historical ranges are pointers, not guarantees.
OGS's PE is in its cheap range at 18x. On analysts' estimates for next year's earnings, today's price would be 17x.
OGS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Decline | |
| Improving | |
| Limited | |
| High |
Analysts expect OGS's profitability to improve, but its revenue to decline.
OGS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.88 | +4% |
| Q3 2026 | $4.69 | +9.3% |
| Q2 2026 | $4.64 | +11% |
| Q1 2026 | $4.43 | +7% |
| Q4 2025 | $4.37 | +12% |
| Q3 2025 | $4.29 | +12% |
| Q2 2025 | $4.19 | +6.1% |
| Q1 2025 | $4.14 | +2.2% |
| Q4 2024 | $3.91 | -5.6% |
OGS earned $4.69 per share over the past year, up 9.3% from the year before.
OGS Quarterly Revenue
OGS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$92M | +$13.4M |
| Q2 2026 | $37.5M | +$46.6M |
| Q1 2026 | $19.8M | -82% |
| Q4 2025 | -$124.8M | -$7.8M |
| Q3 2025 | -$105.4M | +$21M |
| Q1 2025 | $110.9M | +$169.4M |
| Q4 2024 | -$116.9M | -$37.7M |
| Q3 2024 | -$126.4M | -$52M |
OGS has burned cash in most quarters: −$159M over the past year, against −$121M the year before.
OGS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +30K shares |
| 1 year | +4.3% | +2.6M shares |
| 3 years | +13% | +7.2M shares |
| 5 years | +17% | +9.4M shares |
| Available history | +19% | +9.9M shares |
OGS has 63M diluted shares, up 4.3% from a year ago.
OGS Net Leverage
OGS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.5 | Neutral |
| Stochastic | 75.8 | Neutral |
OGS's weekly RSI is 59 (neutral) and its Stochastic is 76 (neutral).
OGS PE vs Utilities Sector
| Metric | OGS | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 20x | 14% below |
| PE % | 22 | 44 | 22 pts below |
OGS is trading at 18x earnings, a 14% discount to the Utilities sector's median of 20x.
OGS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $76.6 | 7.9% above |
| 20 week MA | $77.9 | 6% above |
| 50 week MA | $80.6 | 2.5% above |
| 100 week MA | $77.9 | 6% above |
| 200 week MA | $74.1 | 11% above |
OGS is in an uptrend: it's above all five of its weekly moving averages, and 11% above its 200-week average.
OGS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $92.6 | $76.6 | -17% |
| 2021 | $76.6 | $75.7 | -1.1% |
| 2022 | $75.7 | $75.5 | -0.2% |
| 2023 | $75.5 | $63.7 | -16% |
| 2024 | $63.7 | $69.6 | +9.2% |
| 2025 | $69.6 | $77.7 | +12% |
| 2026 YTD | $77.7 | $82.6 | +6.3% |
OGS has finished lower in four of the last six years. It's up 6.3% so far in 2026.