ONE Gas stock
OGSNYSEONE Gas, Inc., UtilitiesISIN US68235P1084
53Score 53 out of 100, Neutral
Price and trend
63 / 100
Price history
+1.0% in one yearThe chart shows daily closes over 13 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 1.9% above it.
Since June 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 75).
The price is 8.9% below its 52-week high. Largest decline in 13 years: 40% (February 2020 to November 2023).
Chart figures for advanced users
- SMA 50$76.48
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$81.06
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)75
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$71.66
- The lowest closing price of the last twelve months.
- Resistance$90.64
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- ONE Gas, Inc. belongs to the Regulated Gas industry (United States) and, with a market value of $5.19B, is number 20 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $2.43B (up 16.5% year on year) and earnings of $264.22M (up 18.6%).
- For fiscal 2026, analysts expect on average revenue of $2.48B (up 2.1%) and adjusted earnings per share of $4.93 (up 11.2%).
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- MEQIRI Score 53 out of 100 (Neutral): rank 114 of 201 in Utilities, median 54.
- The P/E is 17.8 (Regulated Gas median 19.6, own median of recent years 20.5).
- Our model puts fair value at $84.83, with the price 3% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.
- Reliable dividendNo dividend cut for 12 years.
Weaknesses
- Negative free cash flowFree cash flow −$159.46M over the last 12 months.Fundamentals 48
- DilutionShare count up 13% since 2020.Capital allocation 35
The score is held back by fundamentals and capital allocation.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $70.69 and expensive above $106.04 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $78.86 (cash-flow model) and $90.80 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.4%. At 8.4% the fair value would be $76.20, at 6.4% it would be $100.19.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (19.6).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 1.9% on the twelve months before. Revenue has stayed largely stable since 2010.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 59%, operating 19%, net 11%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 17 Feb 2027in 97 days
- Last reported
- 2 Nov 2026EPS reported $0.53 (expected $0.47)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $4.93+0.8%
- Revenue
- $2.48B−0.2%
- Earnings per share
- $5.02−0.2%
- Revenue
- $2.57B−0.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +3.0%2026 adjusted earnings are now expected in the upper half of the guidance range, and financial expectations for the year were raised.
“We expect the factors driving our strong performance in the first half of this year to continue, and we now expect to achieve adjusted earnings within the upper half of our 2026 guidance range.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 5 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at ONE Gas
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 53
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Gas
The next larger and next smaller companies by market value
- Black HillsBKH $6.65B58
- New Jersey ResourcesNJR $5.56B56
- SpireSR $5.22B51
- EnagásENG.MC $5.19B51
- Brookfield InfrastructureBIPC $4.9B56
- MDU Resources GroupMDU $4.09B46
- Chesapeake UtilitiesCPK $3.44B58
- Centuri HoldingsCTRI $2.29B37
ETFs that hold ONE Gas
Held by 20 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.25% | 0.43% | €2.48B |
| State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist)SPYD | 0.20% | 0.35% | €3.62B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.19% | 0.30% | €185.82M |
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| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.17% | 0.30% | €4.22B |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.17% | 0.30% | €2.17B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.17% | 0.35% | €434.1M |
| iShares Global Infrastructure UCITS ETF USDIQQI | 0.16% | 0.65% | €2.34B |
| State Street SPDR S&P 400 U.S. Mid Cap UCITS ETF (Acc)SPY4 | 0.15% | 0.30% | €5.27B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 23 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.