Nama Insights

ONE Gas (OGS)

Utilities · Utilities Regulated Gas · NYSE

ONE Gas (OGS) is a Utilities company in the Utilities Regulated Gas industry. It has a market capitalization of $5.09B, a trailing price-to-earnings ratio of 16.6 and a free-cash-flow yield of -2.6%. Over the most recent reported fiscal year, revenue grew 16.5%. Nama's AI scorecard rates it Hold, 5.0 out of 10. On 12-month momentum it ranks in the lagging band of its market.
AI scorecard
Hold · 5.0/10
The sections balance. As of Nov 7, 2026.
Momentum
Lagging · -10.8% over 12 months ex. last
Second-worst fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-12.3%
How far the last close sits under the highest price of the past five years.
Market cap$5.09B
Trailing P/E16.6
Price / book1.4
Price / sales2.2
FCF yield-2.6%
Dividend yield3.4%
Gross margin38.1%
Operating margin20.6%
Net margin12.5%
Revenue growth (YoY)+16.5%
Revenue growth (3-yr annual)-2.0%
EPS growth (YoY)+11.8%
FCF/share growth (YoY)—
Beta0.6
ExchangeNYSE
SectorUtilities
IndustryUtilities Regulated Gas

OGS earnings

Next report: Feb 17, 2027 (Q4 2026, EPS estimate $1.53). Beat the EPS estimate in 2 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Nov 2, 2026 $0.53 $0.48 +10.4% $391.31M
Q2 2026 Aug 4, 2026 $0.82 $0.64 +28.1% $411.64M
Q1 2026 May 4, 2026 $2.11 $2.16 -2.3% $831.71M
Q4 2025 Feb 18, 2026 $1.42 $1.43 -0.7% $689.37M

OGS analyst price target

Median target $86.00 from 9 analysts, ranging $78.00 – $90.00.

Utilities Regulated Gas peers

TickerCompanyMarket capP/E
ATO Atmos Energy $29.27B 20.4
NI NiSource $21.18B 22.1
UGI UGI $7.94B 12.7
SWX Southwest Gas $6.62B 23.3
BKH Black Hills $6.47B 19.7
NJR New Jersey Resources $5.51B 14.9
SR Spire $5.25B 18.5
BIPC Brookfield Infrastructure $4.88B —
Explore live OGS data on Nama Insights →

Recent Congressional trades

ONE Gas trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
Daniel Goldman House Sell $1,001 - $15,000 Aug 13, 2023
Susan M Collins Senate Sell $1,001 - $15,000 —

OGS FAQ

Is OGS a buy?
Nama's AI scorecard currently rates ONE Gas Hold (5.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is OGS's P/E ratio?
ONE Gas trades at a trailing price-to-earnings ratio of 16.6.
When does OGS report earnings?
ONE Gas's next scheduled report is on Feb 17, 2027. Analysts expect EPS of $1.53.
What is the OGS price target?
The median analyst price target from 9 analysts is $86.00, with a range of $78.00 – $90.00.
Is OGS Shariah compliant?
Nama's AAOIFI-style screen reads ONE Gas as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does OGS pay a dividend?
Yes — ONE Gas's dividend yield is 3.4%.