The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

OGS

Concerning the House

ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company offers natural gas distribution services. As of December 31, 2025, it owned 43,200 miles of distribution pipelines and 2,200 miles of transmission pipelines. The company serves approximately 2.3 million residential, commercial, industrial, transportation, and wholesale customers in Oklahoma, Kansas, and Texas. ONE Gas, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

United States · www.onegas.com

The Long Run

FY 2013–2025 · 12 years

LineLatestCAGRTrend
Revenue$2.58B+12.1%
Gross profit$841.73M+48.0%
Operating income$457.47M+27.8%
Net income$264.22M+89.9%
Cash from ops$578.83M+9.9%
Quotation

$81.01

+0.63 (+0.8%)

52w hi$89.89
52w lo$72.22
Vol338.10K
As ofAug 13
The Verdict

Hold

Our score -0.19

Short-0.04
Medium-0.36
Long-0.19

computed 2026-08-13

By the Numbers

ONE Gas, Inc.

Utilities · Utilities - Regulated Gas

Market cap$5.09B
Enterprise value$8.43B
Trailing P/E17.46x
Forward P/E16.00x
EV / EBITDA10.74x
P / S (ttm)2.20x
Profit margin12.5%
Return on equity8.6%
Revenue growth-2.9%
Earnings growth+39.6%
Debt / equity95.90
Risk Metrics
Beta vs SPX0.14
Corr SPX0.12
Annual vol19.3%
Annual ret+11.1%
Sharpe0.57
Max DD-16.5%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.26
Sector-0.01
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$81.15$82.00$80.79$81.01338.10K
Aug 12$79.61$80.45$79.14$80.38427.10K
Aug 11$78.03$79.79$78.65232.83K
Aug 10$79.80$80.85$78.47$78.87431.30K
Aug 7$80.18$80.46$78.80$80.22393.20K