NYSE: OGS

ONE Gas (OGS) Stock Analysis & Forecast

Sep 28 close

$71.66−0.14 (−0.2%)

Gekko Brief

AI summary

ONE Gas hits a 52-week low this week, with shares touching $71.26 amid a stretch of declines that has left the stock down 9.7% over four weeks. Coverage frames the move around valuation and dividend appeal, noting a 3.79% dividend yield with 12 consecutive years of increases, comparisons with peer Atmos Energy on value grounds, and commentary pointing to an oversold Relative Strength Index reading of 22.37 alongside raised current-year earnings estimates from analysts. Separately, ONE Gas has confirmed participation in the Wolfe Research Utilities, Midstream & Clean Energy Conference on 29 September, with CEO Sid McAnnally, President and COO Curtis Dinan, and CFO Christopher Sighinolfi meeting with investors.

The stock closes at $71.66, down 0.2%, sitting below both its 50-day average of $78.53 and its 200-day average of $81.22, with the shorter average also below the longer one. Trailing returns show declines of 10% over one month, 8.9% over three months, and 15.6% over six months. The GekkoIndex reads 76.7, placing it in the Buying zone, up 3.5 over five sessions. Price sits 13.5% below Gekko Fair Value of $82.84.

The next earnings report is scheduled for 2 November, 34 days out, placing it beyond a typical 20-trading-day window; the prior report on 4 May showed adjusted EPS of $2.11 against a $2.16 estimate, with a -2.5% reaction. No insider, Congress, or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged -0.6% over five years, rising in 2 of them. Consensus among 5 firms shows 3 buy and 2 hold ratings, with a target of $89.06.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

ONE Gas price vs fair value

$82.84$71.66Sep ’25Mar ’26Sep ’26
Close $71.66200-day averageGekko Fair Value $82.84

ONE Gas quick facts

Market cap
$4.50B
P/E ratio
15.6
Forward P/E
17.4
EPS, TTM
$4.62
Revenue, TTM
$2.31B
Profit margin
12.5%
Dividend yield
3.73%
Beta
0.66
Volume
695,256 avg 581,161
1-year return
−7.6%
Typical daily move
±2.1%
Typical 20-day move
±4%
50-day average
$78.53
200-day average
$81.22
Next earnings
Nov 2
Shares outstanding
62.86M
52-week range
$70.91$90.78

ONE Gas swing-trade checklist

ONE Gas scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive0 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $71.66 is below the 50-day ($78.53) and 200-day ($81.22) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    76.7, Buying

    Reading 76.7 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    13.5% below

    Price is 13.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 34 days

    Next report Nov 2, 2026, 34 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −0.6% on average

    From this point in the calendar, the next 20 trading days averaged −0.6% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

ONE Gas stock chart and price history

ONE Gas closed at $71.66 on Sep 28, 2026, −7.6% over the past year, inside a 52-week range of $70.91 to $90.78.

Close50-day average200-day averageVolume
ONE Gas share price, past year, with 50-day and 200-day moving averages and volume$75$80$85$90NovDecJan 2026FebMarAprMayJunJulAugSep71.66

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−10.0%
3 months
−8.9%
6 months
−15.6%
1 year
−7.6%
The full OGS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open OGS in Gekko

Follow ONE Gas through every session

Put OGS on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track OGS in GekkoFree for 7 days. No credit card required.

About ONE Gas

ONE Gas provides regulated natural gas distribution service to households, businesses, and transportation users across the United States. The company delivers gas through local networks rather than producing or trading the fuel itself, and its service reaches roughly 2.2 million customers spread across three states.

The company runs its operations through three regional units, Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service, each handling distribution within its own state. Delivery relies on an extensive system of distribution mains and transmission pipelines, supported by sizable natural gas storage capacity, which together allow it to move gas from supply points to the meters of residential, commercial, and transport customers.

Tracing its history back to 1906, ONE Gas is headquartered in Tulsa, Oklahoma. Its shares trade on the NYSE under the ticker OGS.

Listed
NYSE
Sector
Utilities
Industry
Gas distributors
Website
onegas.com

ONE Gas GekkoIndex: the smart money zone

ONE Gas’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 76.7, in the Buying zone, up 3.5 points over five sessions.

010076.7Buying

Up 3.5 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)25+0.8%+0.7%+1.9%+7.0%
Accumulation168+0.5%+0.8%+2.1%+5.2%
Neutral451+0.1%+0.3%+0.5%+1.0%
Distribution27−0.8%−0.9%−1.2%+0.9%
Selling1Too few readings yet

Average OGS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the OGS price, zone by zone.Track OGS in Gekko

Is ONE Gas stock overvalued? Gekko Fair Value

ONE Gas trades 13.5% below Gekko Fair Value of $82.84, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what ONE Gas shares are worth, recalculated every trading day.

$82.84

Gekko Fair Value, Sep 26, 2026

13.5% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open OGS in Gekko

ONE Gas insider and Congress trading

No open-market insider purchases were filed for ONE Gas, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for OGS in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every OGS insider filing, plotted on the chart in Gekko.Open OGS in Gekko

Congress trades last 90 days

No trades in OGS were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for OGS, plotted on the chart in Gekko.Open OGS in Gekko

Buybacks

ONE Gas has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$4.05M
As a share of market cap
0.09%

From company filings.

ONE Gas earnings: next date and track record

ONE Gas reports on Nov 2, 2026 (34 days away), and beat the EPS estimate in 3 of its last 8 reports.

3 of 8reports beat the EPS estimate
±1.8%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−4.3%Aug ’24+0.7%Nov ’24−0.9%Feb ’25+3.1%May ’25+0.7%Aug ’25+2.1%Nov ’25−0.2%Feb ’26−2.5%May ’26

Last earnings call, May 4, 2026 AI summary

What they said
ONE Gas reported Q1 2026 adjusted EPS of $2.11 (up 6% YoY) and adjusted net income of $133.4 million despite historically warm winters 25% warmer than Q1 2025. New rates contributed ~$27 million in revenue growth. D&A fell 6% and interest expense dropped 9% YoY. Expanded storage capacity saved customers $98 million vs. spot prices during Winter Storm Fern. O&M expenses rose 8.6% YoY, driven by employee costs and elevated line-locating activity.
Guidance
Management affirmed full-year adjusted net income guidance of $306-$314 million and adjusted EPS of $4.83-$4.95. Storage-related cash flow impacts are expected to normalize through the remainder of the year. Long-term O&M growth target remains 3-4% CAGR.
ReportedEPSSurpriseRevenueSurpriseMove
May 4, 2026$2.11
est $2.16
−2.3%$831.7M
est $969.4M
−14.2%−2.5%
Feb 18, 2026$1.42
est $1.41
+0.7%$689.4M
est $990.4M
−30.4%−0.2%
Nov 3, 2025$0.44
est $0.44
0.0%$379.1M
est $990.4M
−61.7%+2.1%
Aug 5, 2025$0.53
est $0.53
0.0%$423.7M
est $510.7M
−17.0%+0.7%
May 5, 2025$1.98
est $1.86
+6.5%$935.2M
est $495.7M
+88.7%+3.1%
Feb 19, 2025$1.34
est $1.33
+0.4%$630.7M
est $973.6M
−35.2%−0.9%
Nov 4, 2024$0.34
est $0.39
−13.5%$340.4M
est $673.7M
−49.5%+0.7%
Aug 5, 2024$0.48
est $0.49
−2.0%$354.1M
est $362.1M
−2.2%−4.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

ONE Gas stock forecast and analyst price targets

Analysts’ average 12-month price target for ONE Gas is $89.06, +24.3% from the last close, from 5 firms rating the stock in the last 90 days.

$89.06consensus 12-month target, +24.3% from the last close
Low $79High $95
Buy3
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 18Morgan StanleyHold, reiterated$79+10.2%
Sep 16Bank of America SecuritiesBuy, maintained——
Aug 21Morgan StanleyHold, maintained$82+14.4%
Aug 19Wells FargoHold, maintained$85+18.6%
Aug 17Truist FinancialBuy, maintained$87+21.4%
+1.9%average 20-day move after past Buying readings
−0.6%average move over the next 20 trading days in the last 5 years
±2.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

ONE Gas seasonality: the next 20 trading days

Over the next 20 trading days from Sep 26, ONE Gas averaged −0.6% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+8.2%2021−5.1%2022−9.1%2023−0.1%2024+3.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.6%1 of 5
Next 10 trading days−1.5%2 of 5
Next 15 trading days−0.2%3 of 5
Next 20 trading days−0.6%2 of 5
Next 30 trading days−0.3%4 of 5

For scale, OGS’s typical 20-trading-day move in either direction is about 4%.

ONE Gas market cap and key statistics

ONE Gas’s market cap is $4.50B, with a P/E ratio of 15.6 and revenue of $2.31B over the last twelve months.

Valuation

Market cap
$4.50B
P/E ratio
15.6
Forward P/E
17.4
EPS, TTM
$4.62
Gekko Fair Value
$82.84

Trading

Volume
695,256
Avg volume, 20 days
581,161
52-week high
$90.78
52-week low
$70.91
Shares outstanding
62.86M

Financials

Revenue, TTM
$2.31B
Profit margin
12.5%
Return on equity
8.6%
Quarterly earnings growth, YoY
+39.6%

Risk and income

Beta
0.66
Typical daily move
±2.1%
Typical 20-day move
±4%
Dividend yield
3.73%

ONE Gas stock news this week

Coverage of ONE Gas this week reads neutral: 1 positive, 3 neutral and 0 negative headlines.

News sentiment neutral

ONE Gas peers

ONE Gas’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
TRGPTarga Resources−1.2%Accumulation7.3% below
SRESempra−1.3%Buying16.1% below
CQPCheniere Energy Partners−1.1%Accumulation33.9% below
ATOAtmos Energy−0.3%Buying10.4% below
NINiSource−0.7%Buying5.1% above
SWXSouthwest Gas+0.1%Buying13.5% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

ONE Gas stock FAQ

What is ONE Gas’s market cap?

ONE Gas’s market cap is $4.50B at the Sep 28, 2026 close of $71.66, with 62.86M shares outstanding. The shares trade on a P/E ratio of 15.6.

What is the ONE Gas stock forecast?

The consensus analyst 12-month price target for ONE Gas is $89.06, +24.3% from the last close. Of the 5 firms that rated the stock in the last 90 days, 3 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is ONE Gas stock overvalued or undervalued?

On Gekko’s estimate ONE Gas is undervalued: the Sep 28, 2026 close of $71.66 is 13.5% below Gekko Fair Value of $82.84. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does ONE Gas report earnings next?

ONE Gas is expected to report on Nov 2, 2026 (34 days away). Analysts expect earnings of $0.50 per share on revenue of $395.5M. ONE Gas beat the earnings estimate in 3 of its last 8 reports, moving 1.8% on average across the report.

What is ONE Gas’s 52-week high and low?

ONE Gas’s 52-week high is $90.78 and its 52-week low is $70.91; it closed at $71.66 on Sep 28, 2026, −7.6% over the past year. Over the last five years the shares peaked at $92.26 on Apr 8, 2022.

Is ONE Gas stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See ONE Gas the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,380 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.