(OGS) One Gas - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US68235P1084
Natural Gas Distribution Services
Dividends
| Dividend Yield | 3.45% |
| Yield on Cost 5y | 3.98% |
| Yield CAGR 5y | 5.14% |
| Payout Consistency | 100.0% |
| Payout Ratio | 62.5% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 20.8% |
| Value at Risk 5%th | 34.7% |
| Relative Tail Risk | 1.22% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.40 |
| Alpha | 2.44 |
| CAGR/Max DD | 0.12 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.278 |
| Beta | 0.204 |
| Beta Downside | 0.161 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.71% |
| Mean DD | 11.02% |
| Median DD | 8.70% |
Description: OGS One Gas November 05, 2025
One Gas, Inc. (NYSE: OGS) is a regulated natural-gas distribution utility that serves roughly 2.3 million residential, commercial, and transportation customers across Oklahoma, Kansas, and Texas. Founded in 1906 and headquartered in Tulsa, Oklahoma, the company operates through a network of pipelines and related infrastructure to deliver gas under state-approved rates.
Key operational metrics that investors watch include its 2023 adjusted earnings-before-interest-tax-depreciation-amortization (EBITDA) of about $1.1 billion, a regulated return on equity (ROE) near 9 % (consistent with industry benchmarks), and a modest growth in total delivered volumes of ~2 % year-over-year, driven largely by population growth in its service territories and the gradual electrification of transportation. Sector-wide, the utility’s performance is sensitive to regional temperature extremes (which affect heating demand) and to state-level regulatory decisions on rate cases, which set the ceiling for revenue growth.
For a deeper, data-driven assessment of OGS’s valuation and risk profile, you may find the analytics on ValueRay useful as a next step.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (254.9m TTM) > 0 and > 6% of Revenue (6% = 142.1m TTM) |
| FCFTA -0.01 (>2.0%) and ΔFCFTA 2.42pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -32.71% (prev -33.86%; Δ 1.15pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 598.4m > Net Income 254.9m (YES >=105%, WARN >=100%) |
| Net Debt (3.39b) to EBITDA (761.0m) ratio: 4.46 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.47 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (60.5m) change vs 12m ago 5.89% (target <= -2.0% for YES) |
| Gross Margin 41.66% (prev 36.42%; Δ 5.24pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 28.64% (prev 25.61%; Δ 3.03pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.06 (EBITDA TTM 761.0m / Interest Expense TTM 146.1m) >= 6 (WARN >= 3) |
Altman Z'' 0.27
| (A) -0.09 = (Total Current Assets 679.2m - Total Current Liabilities 1.45b) / Total Assets 8.50b |
| (B) 0.10 = Retained Earnings (Balance) 863.8m / Total Assets 8.50b |
| (C) 0.05 = EBIT TTM 447.6m / Avg Total Assets 8.27b |
| (D) 0.16 = Book Value of Equity 864.5m / Total Liabilities 5.32b |
| Total Rating: 0.27 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 45.04
| 1. Piotroski 3.50pt |
| 2. FCF Yield -1.40% |
| 3. FCF Margin -4.93% |
| 4. Debt/Equity 1.07 |
| 5. Debt/Ebitda 4.46 |
| 6. ROIC - WACC (= 1.30)% |
| 7. RoE 8.06% |
| 8. Rev. Trend -21.97% |
| 9. EPS Trend -20.23% |
What is the price of OGS shares?
As of December 10, 2025, the stock is trading at USD 77.64 with a total of 366,733 shares traded.
Over the past week, the price has changed by -3.78%, over one month by -3.92%, over three months by +4.78% and over the past year by +11.17%.
Over the past week, the price has changed by -3.78%, over one month by -3.92%, over three months by +4.78% and over the past year by +11.17%.
Is OGS a buy, sell or hold?
One Gas has received a consensus analysts rating of 3.50.
Therefor, it is recommend to hold OGS.
- Strong Buy: 3
- Buy: 0
- Hold: 4
- Sell: 0
- Strong Sell: 1
What are the forecasts/targets for the OGS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 85.4 | 9.9% |
| Analysts Target Price | 85.4 | 9.9% |
| ValueRay Target Price | 82.6 | 6.4% |
OGS Fundamental Data Overview December 03, 2025
Market Cap USD = 4.96b (4.96b USD * 1.0 USD.USD)
P/E Trailing = 19.2751
P/E Forward = 18.1488
P/S = 2.0945
P/B = 1.559
P/EG = 4.19
Beta = 0.787
Revenue TTM = 2.37b USD
EBIT TTM = 447.6m USD
EBITDA TTM = 761.0m USD
Long Term Debt = 2.36b USD (from longTermDebt, last quarter)
Short Term Debt = 1.04b USD (from shortTermDebt, last quarter)
Debt = 3.40b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.39b USD (from netDebt column, last quarter)
Enterprise Value = 8.35b USD (4.96b + Debt 3.40b - CCE 11.6m)
Interest Coverage Ratio = 3.06 (Ebit TTM 447.6m / Interest Expense TTM 146.1m)
FCF Yield = -1.40% (FCF TTM -116.8m / Enterprise Value 8.35b)
FCF Margin = -4.93% (FCF TTM -116.8m / Revenue TTM 2.37b)
Net Margin = 10.76% (Net Income TTM 254.9m / Revenue TTM 2.37b)
Gross Margin = 41.66% ((Revenue TTM 2.37b - Cost of Revenue TTM 1.38b) / Revenue TTM)
Gross Margin QoQ = 79.79% (prev 41.25%)
Tobins Q-Ratio = 0.98 (Enterprise Value 8.35b / Total Assets 8.50b)
Interest Expense / Debt = 1.04% (Interest Expense 35.4m / Debt 3.40b)
Taxrate = 18.24% (5.91m / 32.4m)
NOPAT = 366.0m (EBIT 447.6m * (1 - 18.24%))
Current Ratio = 0.47 (Total Current Assets 679.2m / Total Current Liabilities 1.45b)
Debt / Equity = 1.07 (Debt 3.40b / totalStockholderEquity, last quarter 3.18b)
Debt / EBITDA = 4.46 (Net Debt 3.39b / EBITDA 761.0m)
Debt / FCF = -29.03 (negative FCF - burning cash) (Net Debt 3.39b / FCF TTM -116.8m)
Total Stockholder Equity = 3.16b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.00% (Net Income 254.9m / Total Assets 8.50b)
RoE = 8.06% (Net Income TTM 254.9m / Total Stockholder Equity 3.16b)
RoCE = 8.11% (EBIT 447.6m / Capital Employed (Equity 3.16b + L.T.Debt 2.36b))
RoIC = 5.66% (NOPAT 366.0m / Invested Capital 6.47b)
WACC = 4.36% (E(4.96b)/V(8.36b) * Re(6.77%) + D(3.40b)/V(8.36b) * Rd(1.04%) * (1-Tc(0.18)))
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 4.13%
Fair Price DCF = unknown (Cash Flow -116.8m)
EPS Correlation: -20.23 | EPS CAGR: -22.05% | SUE: 0.48 | # QB: 0
Revenue Correlation: -21.97 | Revenue CAGR: -11.27% | SUE: -1.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.09 | Chg30d=-0.115 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=4.63 | Chg30d=+0.041 | Revisions Net=+5 | Growth EPS=+6.0% | Growth Revenue=+7.5%
P/E Trailing = 19.2751
P/E Forward = 18.1488
P/S = 2.0945
P/B = 1.559
P/EG = 4.19
Beta = 0.787
Revenue TTM = 2.37b USD
EBIT TTM = 447.6m USD
EBITDA TTM = 761.0m USD
Long Term Debt = 2.36b USD (from longTermDebt, last quarter)
Short Term Debt = 1.04b USD (from shortTermDebt, last quarter)
Debt = 3.40b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.39b USD (from netDebt column, last quarter)
Enterprise Value = 8.35b USD (4.96b + Debt 3.40b - CCE 11.6m)
Interest Coverage Ratio = 3.06 (Ebit TTM 447.6m / Interest Expense TTM 146.1m)
FCF Yield = -1.40% (FCF TTM -116.8m / Enterprise Value 8.35b)
FCF Margin = -4.93% (FCF TTM -116.8m / Revenue TTM 2.37b)
Net Margin = 10.76% (Net Income TTM 254.9m / Revenue TTM 2.37b)
Gross Margin = 41.66% ((Revenue TTM 2.37b - Cost of Revenue TTM 1.38b) / Revenue TTM)
Gross Margin QoQ = 79.79% (prev 41.25%)
Tobins Q-Ratio = 0.98 (Enterprise Value 8.35b / Total Assets 8.50b)
Interest Expense / Debt = 1.04% (Interest Expense 35.4m / Debt 3.40b)
Taxrate = 18.24% (5.91m / 32.4m)
NOPAT = 366.0m (EBIT 447.6m * (1 - 18.24%))
Current Ratio = 0.47 (Total Current Assets 679.2m / Total Current Liabilities 1.45b)
Debt / Equity = 1.07 (Debt 3.40b / totalStockholderEquity, last quarter 3.18b)
Debt / EBITDA = 4.46 (Net Debt 3.39b / EBITDA 761.0m)
Debt / FCF = -29.03 (negative FCF - burning cash) (Net Debt 3.39b / FCF TTM -116.8m)
Total Stockholder Equity = 3.16b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.00% (Net Income 254.9m / Total Assets 8.50b)
RoE = 8.06% (Net Income TTM 254.9m / Total Stockholder Equity 3.16b)
RoCE = 8.11% (EBIT 447.6m / Capital Employed (Equity 3.16b + L.T.Debt 2.36b))
RoIC = 5.66% (NOPAT 366.0m / Invested Capital 6.47b)
WACC = 4.36% (E(4.96b)/V(8.36b) * Re(6.77%) + D(3.40b)/V(8.36b) * Rd(1.04%) * (1-Tc(0.18)))
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 4.13%
Fair Price DCF = unknown (Cash Flow -116.8m)
EPS Correlation: -20.23 | EPS CAGR: -22.05% | SUE: 0.48 | # QB: 0
Revenue Correlation: -21.97 | Revenue CAGR: -11.27% | SUE: -1.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.09 | Chg30d=-0.115 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=4.63 | Chg30d=+0.041 | Revisions Net=+5 | Growth EPS=+6.0% | Growth Revenue=+7.5%
Additional Sources for OGS Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle