(OGS) One Gas - Ratings and Ratios

One Gas Inc (NYSE:OGS) is a leading regulated natural gas distribution utility company in the United States, serving approximately 2.3 million customers across Oklahoma, Kansas, and Texas. The companys extensive customer base includes residential, commercial, and transportation sectors, providing a stable source of revenue. With a rich history dating back to 1906, One Gas has established itself as a reliable and experienced player in the industry, headquartered in Tulsa, Oklahoma.

As a Gas Utilities company, One Gas operates in a relatively stable industry with a steady demand for natural gas. The companys customer base is diversified across different sectors, reducing its dependence on any single market. One Gass operations are subject to regulatory oversight, which can impact its pricing and profitability. However, this also provides a level of protection against market volatility.

Analyzing the technical data, we observe that the stock is currently trading at $73.44, slightly below its 20-day and 50-day Simple Moving Averages (SMA). The 200-day SMA is at $71.88, indicating a longer-term uptrend. The Average True Range (ATR) is 1.72, representing a 2.35% daily price movement. Given the current technical setup, we can expect the stock to experience a moderate level of volatility.

From a fundamental perspective, One Gas has a market capitalization of $4.6 billion and a Price-to-Earnings (P/E) ratio of 18.19, which is relatively in line with industry averages. The forward P/E is 17.86, indicating a slight decrease in expected earnings growth. The Return on Equity (RoE) is 8.15%, suggesting a stable and profitable business model.

Combining both technical and fundamental data, our forecast suggests that One Gas is likely to experience a moderate price increase in the short term, driven by its stable business model and relatively low volatility. We expect the stock to trade between $75 and $80 in the next quarter, representing a 2-9% increase from current levels. However, this forecast is subject to various market and economic factors, and investors should continue to monitor the companys performance and industry trends.