0.20%
3.32%
0.86%
2.27%
15.29%
-9.28%
-26.02%
AI Spotlight on OGS
Company Description
ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States.The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service.It provides natural gas distribution services to 2.2 million customers in three states.
It serves residential, commercial, and transportation customers.As of December 31, 2021, it operated approximately 41,600 miles of distribution mains; and 2,400 miles of transmission pipelines, as well as had 51.4 billion cubic feet of natural gas storage capacity.ONE Gas, Inc.
was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Market Data
| Last Price | 70.64 |
| Change Percentage | 0.20% |
| Open | 70.25 |
| Previous Close | 70.5 |
| Market Cap ( Millions) | 4002 |
| Volume | 615831 |
| Year High | 78.89 |
| Year Low | 57.74 |
| M A 50 | 71.67 |
| M A 200 | 68.62 |
Financial Ratios
| FCF Yield | -7.42% |
| Dividend Yield | 3.74% |
| ROE | 7.71% |
| Debt / Equity | 119.65% |
| Net Debt / EBIDTA | 491.24% |
| Price To Book | 1.43 |
| Price Earnings Ratio | 18.54 |
| Price To FCF | -13.47 |
| Price To sales | 1.94 |
| EV / EBITDA | 10.79 |
News
- Jan -23 - ONE Gas Fourth Quarter and Year End 2024 Conference Call and Webcast Scheduled
- Jan -23 - ONE Gas Enhances Shareholder Value With 1% Dividend Hike
- Jan -21 - ONE Gas Increases Quarterly Dividend
- Jan -21 - SR or OGS: Which Is the Better Value Stock Right Now?
- Dec -05 - ONE Gas Stock Unveils 2025 and Long-Term Investment Plans
- Dec -04 - ONE Gas Issues 2025 Financial Guidance
- Dec -02 - ONE Gas to Participate in Jefferies, Mizuho, and Wells Fargo Utility Conferences
- Nov -11 - Here's Why You Should Add ONE Gas Stock to Your Portfolio Now
- Nov -05 - ONE Gas, Inc. (OGS) Q3 2024 Earnings Call Transcript
- Nov -05 - ONE Gas Q3 Earnings Lag Estimates, Revenues Rise Y/Y
- Nov -05 - Here's What Key Metrics Tell Us About ONE Gas (OGS) Q3 Earnings
- Nov -04 - ONE Gas (OGS) Misses Q3 Earnings and Revenue Estimates
- Nov -04 - ONE Gas Announces Third Quarter 2024 Financial Results; Increases 2024 Financial Guidance
- Oct -01 - ONE Gas Third Quarter 2024 Conference Call and Webcast Scheduled
- Aug -06 - ONE Gas (OGS) Q2 Earnings Miss Estimates, Revenues Down Y/Y
- Aug -06 - ONE Gas (OGS) Reports Q2 Earnings: What Key Metrics Have to Say
- Aug -05 - ONE Gas (OGS) Q2 Earnings and Revenues Lag Estimates
- Aug -05 - ONE Gas Announces Second Quarter 2024 Financial Results; Reaffirms 2024 Financial Guidance
- Jul -29 - Analysts Estimate ONE Gas (OGS) to Report a Decline in Earnings: What to Look Out for
- Jul -15 - ONE Gas Declares Quarterly Dividend
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Natural Gas
Expected Growth : 8 %
What the company do ?
Natural Gas from ONE Gas, Inc. is a clean-burning, efficient, and affordable energy source for heating, cooking, and powering homes and businesses.
Why we expect these perspectives ?
ONE Gas, Inc.'s 8% growth in Natural Gas is driven by increasing demand from industrial and power generation customers, expansion into new markets, and strategic infrastructure investments. Additionally, favorable weather patterns and rising LNG exports contribute to the growth. Furthermore, the company's focus on operational efficiency and cost savings initiatives also support the growth momentum.
Segment n°2 -> Transportation
Expected Growth : 6 %
What the company do ?
ONE Gas, Inc. provides natural gas transportation services to customers through its network of pipelines, allowing for the safe and efficient transportation of natural gas.
Why we expect these perspectives ?
ONE Gas, Inc.'s 6% growth in Transportation is driven by increasing natural gas demand, expansion of pipeline infrastructure, and rising production from shale plays. Additionally, favorable regulatory environments, growing LNG exports, and investments in pipeline modernization also contribute to this growth.
Segment n°3 -> Securitization
Expected Growth : 5 %
What the company do ?
Securitization from ONE Gas, Inc. refers to the process of packaging and selling gas utility assets to investors, providing a new source of capital for the company.
Why we expect these perspectives ?
ONE Gas, Inc.'s securitization growth is driven by increasing demand for natural gas, strategic acquisitions, and infrastructure investments. Additionally, favorable regulatory environments, declining commodity prices, and a strong balance sheet enable the company to capitalize on growth opportunities, resulting in a 5% growth rate.
Segment n°4 -> Miscellaneous
Expected Growth : 4 %
What the company do ?
Miscellaneous from ONE Gas, Inc. refers to the catch-all category for various non-operating income and expenses not classified elsewhere.
Why we expect these perspectives ?
ONE Gas, Inc.'s Miscellaneous segment growth is driven by increasing investments in infrastructure, rising demand for natural gas, and favorable regulatory environments. Additionally, the company's focus on cost savings initiatives and operational efficiencies contribute to the 4% growth rate.
Segment n°5 -> Other
Expected Growth : 3 %
What the company do ?
Other from ONE Gas, Inc. refers to non-utility operations, including gas gathering, processing, and marketing, as well as investments in unconsolidated affiliates.
Why we expect these perspectives ?
ONE Gas, Inc.'s 'Other' segment growth is driven by increasing adoption of compressed natural gas (CNG) and liquefied natural gas (LNG) for transportation, rising demand for natural gas infrastructure, and growing investments in renewable energy projects, contributing to a 3% growth rate.
Segment n°6 -> Other - Natural Gas Related
Expected Growth : 7 %
What the company do ?
Other - Natural Gas Related from ONE Gas, Inc. includes revenue from gas transportation, storage, and other services.
Why we expect these perspectives ?
ONE Gas, Inc.'s 7% growth in Other - Natural Gas Related segment is driven by increasing demand for natural gas in the Midwest and Kansas regions, coupled with strategic infrastructure investments and acquisitions. Additionally, favorable weather patterns and rising industrial activity contribute to the growth, as ONE Gas expands its customer base and optimizes its operations.
One Gas, Inc. Products
| Product Range | What is it ? |
|---|---|
| Natural Gas Distribution | ONE Gas, Inc. provides natural gas distribution services to residential, commercial, and industrial customers in Oklahoma, Kansas, and Texas. |
| Pipeline Transportation | The company operates an intrastate pipeline system that transports natural gas to its distribution system and to other customers. |
| Natural Gas Storage | ONE Gas, Inc. owns and operates natural gas storage facilities that provide storage services to its distribution system and to other customers. |
| Gas Gathering | The company provides gas gathering services to natural gas producers, transporting natural gas from production areas to processing facilities. |
ONE Gas, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for ONE Gas, Inc. is low due to the lack of alternative energy sources that can replace natural gas in the short term.
Bargaining Power Of Customers
The bargaining power of customers for ONE Gas, Inc. is medium due to the presence of a large number of customers, but the company's ability to negotiate prices and terms.
Bargaining Power Of Suppliers
The bargaining power of suppliers for ONE Gas, Inc. is low due to the company's ability to negotiate prices and terms with its suppliers.
Threat Of New Entrants
The threat of new entrants for ONE Gas, Inc. is low due to the high barriers to entry in the natural gas distribution industry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry for ONE Gas, Inc. is medium due to the presence of a few large competitors in the natural gas distribution industry, but the company's ability to differentiate itself through its customer service and operational efficiency.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 52.49% |
| Debt Cost | 4.63% |
| Equity Weight | 47.51% |
| Equity Cost | 7.14% |
| WACC | 5.82% |
| Leverage | 110.46% |
ONE Gas, Inc. : Quality Control
ONE Gas, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| SWX | Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and … |
| NI | NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric … |
| NJR | New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy … |
| ATO | Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and … |
| NFE | New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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NiSource
A-Score
1-Year Total Return ->
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ONE Gas
A-Score
1-Year Total Return ->
🥉
New Jersey Resources
A-Score
1-Year Total Return ->
4
Southwest Gas Holdings
A-Score
1-Year Total Return ->
5
Atmos Energy
A-Score
1-Year Total Return ->
6
