ONE Gas, Inc. (NYSE:OGS) Q4 2025 Earnings Call Transcript
ONE Gas, Inc. (NYSE:OGS) reported strong financial results for Q4 and year-end 2025, meeting its revised EPS guidance and marking its 12th consecutive year of achieving this milestone. The company introduced non-GAAP adjustments to better reflect earnings allowed by regulators in Texas, particularly due to House Bill 4384. ONE Gas also highlighted its operational resilience during Winter Storm Fern, strategic infrastructure investments, and efforts to maintain customer affordability and safety.
ONE Gas, Inc. SEC 10-K Report
ONE Gas, Inc. has released its annual 10-K report, detailing robust financial performance with significant increases in revenues, operating income, and net income, alongside a diluted EPS of $4.37. The report highlights strategic investments in infrastructure, customer growth across Oklahoma, Kansas, and Texas, and an ongoing focus on safety and reliability. However, the company also outlines various risks including regulatory challenges, operational hazards, technological vulnerabilities, and market fluctuations.
ONE Gas hits 52-week high after topping Q4 earnings estimates, issues 2026 guidance
ONE Gas (OGS) shares reached a 52-week high after the company reported strong fourth-quarter and full-year 2025 financial results, surpassing earnings estimates. The utility company saw increased net income and revenues, driven by new rate outcomes and customer base expansion. ONE Gas also issued positive 2026 guidance, projecting adjusted net income between $306 million and $314 million, and announced a dividend increase, highlighting investor interest in regulated utilities amidst market volatility.
ONE Gas Posts Strong Q4 Results, Raises 2026 Outlook
ONE Gas reported strong fourth-quarter and full-year 2025 results, with net income and adjusted EPS increasing significantly, driven by new rates and customer growth. The company also announced a raise in its first-quarter 2026 dividend and provided optimistic 2026 guidance, forecasting adjusted net income between $306 million and $314 million, supported by substantial capital investments. Analysts currently rate OGS stock as a Hold with a price target of $73.00, while TipRanks' AI Analyst, Spark, assigns a Neutral score, noting solid fundamentals coupled with some financial risks.
ONE Gas Q4 Earnings Beat Estimates, Revenues Increase Y/Y
ONE Gas (OGS) reported strong financial results for Q4 and full-year 2025, with Q4 operating earnings per share of $1.48 surpassing estimates by 4% and revenues reaching $689.4 million, beating expectations. The company also provided a positive outlook for 2026, projecting adjusted earnings per share between $4.83 and $4.95 and outlining significant capital investments for system integrity.
Earnings call transcript: One Gas Q4 2025 beats EPS, stock rises
ONE Gas, Inc. (OGS) reported Q4 2025 earnings, surpassing EPS expectations by 3.5% with $1.48 against a forecast of $1.43, leading to a 1.51% rise in pre-market stock trading. Despite the EPS beat, revenue missed forecasts by 24.81%, coming in at $689.37 million against $916.81 million expected. The company provided 2026 adjusted EPS guidance of $4.83 to $4.95 and reaffirmed long-term adjusted net income growth of 7-9% and EPS growth of 5-7%.
One Gas Inc earnings beat by $0.05, revenue fell short of estimates
One Gas Inc (NYSE: OGS) reported Q4 EPS of $1.48, beating analyst estimates by $0.05, though revenue of $689.37M fell short of the $916.81M consensus. The company provided FY 2026 EPS guidance of $4.65-$4.77, aligning with analyst expectations. One Gas Inc's stock has seen positive performance, rising 1.29% in the last 3 months and 15.98% in the last 12 months.
ONE Gas: Q4 Earnings Snapshot
ONE Gas Inc. (OGS) reported strong fourth-quarter results, with profits of $86.3 million and adjusted earnings of $1.48 per share, surpassing Wall Street expectations. The natural gas distribution company also exceeded revenue forecasts, posting $689.4 million for the quarter. For the full year, ONE Gas recorded a profit of $264.2 million and projects full-year earnings between $4.83 and $4.95 per share.
ONE Gas shifts daily operations to new president and COO
ONE Gas (NYSE: OGS) announced that Curtis Dinan will be promoted to president and chief operating officer, effective March 1, 2026. Robert S. McAnnally will remain CEO, focusing on long-term strategy, while Dinan will oversee daily operations of the natural gas distribution divisions. The company stated that this leadership change will not alter its strategy, regulatory commitments, or financial outlook.
ONE Gas (OGS) Q4 Earnings and Revenues Top Estimates
ONE Gas (OGS) reported Q4 earnings of $1.48 per share, surpassing the Zacks Consensus Estimate of $1.42 and improving from $1.34 a year ago. The company's revenues for the quarter were $689.37 million, also beating estimates by 2.10%. Despite outperforming the market year-to-date, ONE Gas currently holds a Zacks Rank #3 (Hold).
ONE Gas Announces Leadership Progression to Support Scaled Operations and Long-term Growth
ONE Gas, Inc. announced the promotion of Curtis Dinan to President and Chief Operating Officer, effective March 1, 2026. Current President and CEO Robert S. McAnnally will continue as CEO, focusing on strategic vision and stakeholder alignment. Dinan will oversee the company's day-to-day natural gas distribution operations.
One Gas earnings on deck: Can winter demand fuel growth targets?
One Gas Inc. is slated to release its Q4 and full-year 2025 financial results on Wednesday, with analysts anticipating increased earnings and revenue due to strong winter heating demand. Investors will be observing the company's handling of extreme weather events, customer growth, and regulatory developments, especially after One Gas previously raised its long-term diluted EPS growth rate and issued optimistic 2026 guidance. The upcoming report will assess if the record winter demand translates into sustainable financial momentum.
Insights Into ONE Gas (OGS) Q4: Wall Street Projections for Key Metrics
Wall Street analysts are projecting ONE Gas (OGS) to report a 6% year-over-year increase in quarterly earnings to $1.42 per share and a 7.1% increase in revenues to $675.21 million for its upcoming Q4 report. Estimates for key metrics like transportation revenues, natural gas sales, and various volume measurements also show expected increases. Over the last month, OGS shares have outperformed the S&P 500, with a 9.3% return compared to the composite's -1.7% change.
One Gas Inc stock hits 52-week high at 85.35 USD
One Gas Inc (OGS) stock has reached a new 52-week high of $85.35, reflecting a 21.99% increase over the past year and impressive 13.07% returns over the past six months, despite its low price volatility. The company recently announced strong 2026 financial guidance, projecting increased net income and diluted EPS, leading to revised analyst price targets and a raised quarterly dividend. InvestingPro analysis suggests the stock is currently trading above its Fair Value.
One Gas Inc stock hits 52-week high at 85.35 USD
One Gas Inc (OGS) stock has hit a new 52-week high of $85.35, reflecting a 21.99% increase over the past year and 13.07% over the last six months. The company recently provided strong 2026 financial guidance, including increased net income projections and a higher long-term diluted EPS growth rate, leading to revised analyst price targets and a dividend increase. Despite trading above its InvestingPro Fair Value, the company's low volatility and consistent dividend increases highlight investor confidence.
One Gas Inc stock hits 52-week high at 85.35 USD
One Gas Inc (OGS) stock has reached a new 52-week high of $85.35, reflecting a 21.99% increase over the past year and impressive 13.07% returns in the last six months. This surge is supported by four analysts revising earnings upwards, investor confidence, and recent positive financial guidance from the company, including an increased long-term diluted EPS growth rate and a dividend hike. However, InvestingPro analysis suggests the stock is trading above its Fair Value, despite its low price volatility and consistent dividend increases.
ONE Gas (OGS) to Release Quarterly Earnings on Wednesday
ONE Gas (OGS) is expected to release its Q4 2025 earnings after market close on Wednesday, February 18th, with analysts forecasting EPS of $1.42 and revenue of $990.44 million. The company recently increased its quarterly dividend to $0.68 per share, representing an annualized yield of approximately 3.3%. Wall Street analysts currently hold a "Hold" consensus rating for OGS with an average target price of $85.57.
ONE Gas (NYSE:OGS) Is Paying Out A Larger Dividend Than Last Year
ONE Gas (NYSE:OGS) announced an increase in its dividend to $0.68 per share, resulting in a 3.3% dividend yield. While the company has a solid track record of increasing dividends, the current dividend is not fully covered by free cash flow, despite earnings being sufficient. The article suggests that while the payout ratio is sustainable in the short term due to projected earnings growth, the company's struggle to find viable investments might limit future dividend growth and raise concerns about payment solidity.
ONE Gas (OGS) Earnings Expected to Grow: Should You Buy?
ONE Gas (OGS) is projected to report a year-over-year increase in earnings and higher revenues for the quarter ending December 2025, with an expected release date of February 18. Despite a positive Zacks Rank of #3, the company currently has a negative Earnings ESP of -0.18%, making it difficult to definitively predict an earnings beat. Investors are advised to consider other factors beyond just earnings surprise history.
ONE Gas (OGS) Earnings Expected to Grow: Should You Buy?
ONE Gas (OGS) is projected to show year-over-year earnings growth on increased revenues for the quarter ended December 2025. While analysts have slightly raised their consensus EPS estimate over the last 30 days, the company's Most Accurate Estimate for EPS is lower than the consensus, resulting in a negative Earnings ESP. Given a Zacks Rank of #3 and a negative Earnings ESP, it is difficult to conclusively predict an earnings beat for ONE Gas.
ONE Gas' (NYSE:OGS) Shareholders Will Receive A Bigger Dividend Than Last Year
ONE Gas (NYSE: OGS) is increasing its dividend to $0.68 per share, resulting in a 3.3% yield which aligns with the industry average. While the company's earnings sufficiently cover the dividend, negative free cash flows raise concerns about long-term sustainability despite a forecast 20.7% EPS expansion. The company has a solid track record of dividend growth, but its slow EPS growth of 3.6% annually could constrain future dividend increases.
ProShare Advisors LLC Purchases 56,074 Shares of ONE Gas, Inc. $OGS
ProShare Advisors LLC has increased its stake in ONE Gas, Inc. (NYSE:OGS) by 10.8% in the third quarter, acquiring an additional 56,074 shares and now holding 573,810 shares worth approximately $46.44 million. This move contributes to institutional investors owning 88.71% of the company's stock. Additionally, ONE Gas recently raised its quarterly dividend to $0.68, resulting in a 3.3% yield, while analyst ratings for the stock are mixed, with a consensus "Hold" rating.
ONE Gas, Inc. (NYSE:OGS) Given Consensus Recommendation of "Hold" by Brokerages
ONE Gas, Inc. (NYSE:OGS) has received a consensus "Hold" rating from brokerages, with an average 12-month price target of $85.57, close to its current share price of $82.57. The company recently raised its quarterly dividend to $0.68, resulting in a 3.3% yield. Key financial metrics include a market cap of $4.95 billion, a P/E ratio of 19.25, and institutional ownership of about 88.7%.
One Gas stock hits 52-week high at 84.11 USD
One Gas Inc. (NYSE:OGS) has reached a new 52-week high of $84.11, reflecting a 20.52% increase over the past year. The company boasts a market capitalization of $5.05 billion, a consistent 3.29% dividend yield, and has raised its dividend for 12 consecutive years. Despite analyst suggestions of being slightly overvalued, recent news indicates a dividend increase, an expanded commercial paper program, updated financial guidance for 2026, and increased long-term diluted EPS growth.
One Gas stock hits 52-week high at 84.11 USD By Investing.com
One Gas Inc.'s stock reached a new 52-week high of $84.11, reflecting a 20.52% increase over the past year. The company boasts a $5.05 billion market capitalization, a consistent 3.29% dividend yield, and has raised its dividend for 12 consecutive years. Recent developments include an increased quarterly dividend to 68 cents per share, a higher unsecured commercial paper program limit to $1.50 billion, and updated 2026 financial guidance.
One Gas stock hits 52-week high at 84.11 USD By Investing.com
One Gas Inc.'s stock has reached a new 52-week high of $84.11, reflecting a 20.52% increase over the past year. The company boasts a $5.05 billion market capitalization, a 3.29% dividend yield, and has raised its dividend for 12 consecutive years, though InvestingPro analysis suggests it may be slightly overvalued. Recent positive developments include an increased quarterly dividend to 68 cents per share, an expanded commercial paper program, and updated financial guidance with a higher long-term diluted EPS growth rate.
Federated Hermes Inc. Has $3.47 Million Stock Position in ONE Gas, Inc. $OGS
Federated Hermes Inc. significantly increased its stake in ONE Gas, Inc. (NYSE:OGS) by 269% in the third quarter, holding 42,902 shares valued at $3.47 million. Other institutional investors also adjusted their holdings in the utilities provider. ONE Gas recently increased its quarterly dividend to $0.68 per share and reported Q3 EPS matching estimates but missed revenue expectations, despite an 11.4% year-over-year revenue increase.
Jackson Creek Investment Advisors LLC Invests $1.93 Million in ONE Gas, Inc. $OGS
Jackson Creek Investment Advisors LLC has acquired a new stake of 23,777 shares, valued at approximately $1.93 million, in ONE Gas, Inc. (NYSE:OGS) during the third quarter. ONE Gas recently increased its quarterly dividend to $0.68, resulting in an annualized dividend of $2.72 and a yield of 3.4%. The company's shares are trading near $79.90, with a market cap of $4.79 billion, and analysts currently rate the stock as a "Hold" with an average target price of $85.57.
How ONE Gas’ Dividend Hike and Earnings Outlook Will Impact ONE Gas (OGS) Investors
ONE Gas's board recently approved a dividend increase to US$0.68 per share, effective March 6, 2026. This move, coupled with an improved earnings outlook from Zacks, signals management's confidence in the company's financial health, despite potential strains from capital expenditure and free cash flow coverage. The article prompts investors to consider these factors, alongside a fair value estimate of US$74.25, while developing their investment narrative for OGS.
How ONE Gas’ Dividend Hike and Earnings Outlook Will Impact ONE Gas (OGS) Investors
ONE Gas, Inc. (OGS) recently announced a dividend increase to US$0.68 per share, reinforcing management's confidence in the company's financial health, according to Simply Wall St. This is supported by an improved earnings outlook from Zacks. While the increase is modest, it aligns with ONE Gas's narrative as a regulated gas distribution business providing reliable dividends, though free cash flow coverage remains a point of consideration for investors.
5 Best Natural Gas Stocks, Ranked In Order
This article ranks the top five natural gas stocks based on their expected five-year annual returns, as natural gas prices have recently surged due to cold weather. It highlights Kinder Morgan Inc. (KMI), ONE Gas, Inc. (OGS), Energy Transfer Partners LP (ET), Northwest Natural Gas Holding Co. (NWN), and National Fuel Gas (NFG), providing details on their operations, recent financial performance, and future outlook. The analysis focuses on companies involved in natural gas production, transportation, storage, and utilities.
Retirement Systems of Alabama Acquires 21,642 Shares of ONE Gas, Inc. $OGS
The Retirement Systems of Alabama has increased its stake in ONE Gas, Inc. by 13.5%, acquiring an additional 21,642 shares, bringing their total ownership to 181,891 shares valued at approximately $14.72 million. Institutional investors now collectively own about 88.71% of ONE Gas. The company recently increased its quarterly dividend to $0.68 per share and reported Q3 EPS of $0.44, meeting analyst expectations, with revenues up 11.4% year-over-year.
ONE Gas schedules 4Q earnings release
ONE Gas is set to release its fourth-quarter and full-year 2025 financial results on Wednesday, Feb. 18, 2026, after the market closes. The executive management team will host a conference call the following day to discuss the results. The company previously reported a significant increase in its third-quarter net income.
ONE Gas Fourth Quarter and Year End 2025 Conference Call and Webcast Scheduled
ONE Gas, Inc. (NYSE: OGS) has scheduled its fourth quarter and full-year 2025 financial results release for February 18, 2026, after market close. A conference call and webcast will follow on February 19, 2026, at 11 a.m. EST, accessible via phone and the company's website. The company also announced its earnings release and call schedule for the first, second, and third quarters of 2026.
ONE Gas' (NYSE:OGS) Upcoming Dividend Will Be Larger Than Last Year's
ONE Gas, Inc. (NYSE:OGS) has announced an increase in its upcoming dividend to $0.68, a 1.5% rise from the previous year, resulting in a dividend yield of approximately 3.5%. While the company has a solid track record of stable dividend payments and consistent growth, concerns are noted regarding its ability to convert earnings into cash flow and the limited growth prospects for its dividends given a relatively soft earnings per share increase. The payout ratio is forecast to be sustainable at 57% next year, but the article suggests it may not be a strong income stock due to cash flow concerns.
ONE Gas Fourth Quarter and Year End 2025 Conference Call and Webcast Scheduled
ONE Gas, Inc. will release its fourth quarter and full-year 2025 financial results on February 18, 2026, followed by a conference call and webcast on February 19, 2026. The company also announced its earnings release schedule for the first, second, and third quarters of 2026. ONE Gas is a regulated natural gas utility serving over 2.3 million customers across Kansas, Oklahoma, and Texas.
Massachusetts Financial Services Co. MA Reduces Position in ONE Gas, Inc. $OGS
Massachusetts Financial Services Co. MA significantly reduced its stake in ONE Gas, Inc. by 13.3% in the third quarter, bringing its total shares to 423,767. This comes as ONE Gas reported mixed Q3 results with in-line EPS but a revenue miss, though the company did announce a dividend increase and positive FY2025 EPS guidance. Institutional investors collectively own a substantial 88.71% of the utility provider's stock.
ONE Gas Sets 2025 Results Release, 2026 Earnings Calendar
ONE Gas (OGS) announced it will release its fourth-quarter and full-year 2025 financial results on February 18, 2026, followed by a conference call and webcast on February 19. The company also provided its full 2026 investor communications calendar, scheduling consistent quarterly earnings releases and calls to ensure predictable engagement with stakeholders. An analyst rating on OGS stock currently shows a Hold with a $73.00 price target.
ONE Gas maps out all 2026 earnings release and call dates
ONE Gas (NYSE: OGS) has scheduled its fourth quarter and full year 2025 earnings release for after market close on February 18, 2026, with a conference call and webcast to follow on February 19, 2026, at 11:00 a.m. ET. The company also announced its complete 2026 quarterly earnings schedule, including news releases and conference calls for the first, second, and third quarters. Investors can access the live webcast via onegas.com/investors and phone replay options will be available.
ONE Gas Fourth Quarter and Year End 2025 Conference Call and Webcast Scheduled
ONE Gas, Inc. (NYSE: OGS) has announced it will release its fourth quarter and full year 2025 financial results after the market closes on Wednesday, February 18, 2026. An executive management team conference call and webcast will follow on Thursday, February 19, 2026, at 11 a.m. Eastern Standard Time. The company also released its schedule for 2026 quarterly earnings announcements and webcasts.
ONE Gas Fourth Quarter and Year End 2025 Conference Call and Webcast Scheduled
ONE Gas, Inc. announced details for its fourth quarter and full-year 2025 earnings conference call and webcast, scheduled for February 19, 2026, at 11 a.m. Eastern Standard Time, following the release of financial results on February 18, 2026. The company also provided a schedule for its 2026 quarterly earnings news releases, conference calls, and webcasts for the first, second, and third quarters. Investors can access the live webcast and replays on the ONE Gas website.
A Look At ONE Gas (OGS) Valuation As Shares Move Without A Clear News Catalyst
ONE Gas (OGS) stock has been trading without a clear news catalyst, closing at $78.79. While its 7-day share price return is 1.60% and its 1-year total shareholder return is 16.32%, its P/E ratio of 18.5x suggests it's slightly more expensive than some benchmarks but still close to market levels. A Discounted Cash Flow (DCF) model indicates a mild overvaluation, with the current share price above the estimated future cash flow value of US$75.68.
Is Now The Time To Look At Buying ONE Gas, Inc. (NYSE:OGS)?
ONE Gas, Inc. (NYSE:OGS) appears to be fairly priced, trading slightly above its intrinsic value according to Simply Wall St's valuation model. The company shows a positive future outlook with expected profit growth of 32% over the next couple of years, which should lead to higher cash flow and share valuation. While currently trading near its fair value, its optimistic prospects make it worth further investigation for potential investors.
ONE Gas, Inc. (NYSE:OGS) to Issue Dividend Increase - $0.68 Per Share
ONE Gas, Inc. (NYSE:OGS) has announced an increase in its quarterly dividend to $0.68 per share, a 1.5% raise from its previous dividend of $0.67. This dividend is payable on March 6 to shareholders of record as of February 20, representing a yield of approximately 3.5%. The dividend is supported by a payout ratio of 59.7% and analysts' forecasts predicting sustainable future earnings.
ONE Gas (OGS) Declares $0.68 Quarterly Dividend, 1.5% Increase
ONE Gas (OGS) has declared a quarterly dividend of $0.68 per share, representing a 1.5% increase and underscoring its commitment to shareholder returns. The company maintains an attractive forward yield of 3.46% and has narrowed its 2025 EPS guidance, indicating progress despite market challenges. OGS actively engages with investors through virtual conferences, while analysts have varying price targets, with an average of $87.33, largely based on the company's long-term EPS growth guidance.
Will ONE Gas' (OGS) Modest 2026 Dividend Hike Redefine Its Capital Return Narrative?
ONE Gas (OGS) recently announced a modest dividend increase of US$0.01 per share for Q1 2026, raising it to US$0.68 quarterly, or US$2.72 annually. This decision, coupled with guidance for 1-2% annual dividend growth through 2030, reinforces the company's commitment to consistent capital returns. The article suggests that investing in ONE Gas hinges on comfort with predictable earnings and incremental growth rather than rapid expansion, with ongoing attention to earnings guidance, capital spending, and free cash flow coverage of dividends.
Is Now The Time To Look At Buying ONE Gas, Inc. (NYSE:OGS)?
ONE Gas, Inc. (NYSE:OGS) has experienced a subdued share price recently, hovering between US$76.50 and US$83.74. The company appears to be fairly priced according to Simply Wall St's valuation model, trading slightly above its intrinsic value of $75.68. With profit expected to grow by 32% over the next couple of years, the future outlook for ONE Gas is positive, suggesting potential for higher cash flow and share valuation.
ONE Gas increases quarterly dividend by 1 cent to 68 cents
ONE Gas, Inc. announced a quarterly dividend increase of 1 cent per share to 68 cents, marking its 12th consecutive year of dividend increases. The natural gas utility also projected average annual dividend increases of 1% to 2% through 2030 and released its 2026 financial guidance. These developments include revised earnings per share growth rates and analyst target adjustments, alongside corporate governance changes.
ONE Gas maps out 1%-2% yearly dividend bumps through 2030
ONE Gas (NYSE: OGS) announced a quarterly dividend increase to $0.68 per share for Q1 2026, resulting in an annualized dividend of $2.72 per share. The company also projects an average annual dividend increase of 1%-2% through 2030, subject to board approval. This news led to a mild positive market reaction, with OGS shares gaining 0.27% on the day of publication.
ONE Gas increases quarterly dividend by 1 cent to 68 cents
ONE Gas, Inc. announced a quarterly dividend increase of 1 cent per share to 68 cents for the first quarter of 2026, marking its 12th consecutive year of dividend increases. The natural gas utility also projects average annual dividend increases of 1% to 2% through 2030 and recently updated its 2026 financial guidance with increased net income and diluted EPS projections.
