ONE Gas (OGS) Projected to Release Quarterly Earnings on Tuesday

ONE Gas (NYSE:OGS) is expected to be posting its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to post earnings of $0.65 per share and revenue of $410.2880 million for the quarter. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 11:00 AM ET.

ONE Gas (NYSE:OGS) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported $2.11 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.02). The business had revenue of $831.71 million during the quarter, compared to the consensus estimate of $969.36 million. ONE Gas had a net margin of 11.77% and a return on equity of 8.45%. The firm’s quarterly revenue was down 11.1% on a year-over-year basis. During the same period last year, the business posted $1.99 earnings per share. On average, analysts expect ONE Gas to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ONE Gas Stock Up 2.6%

Shares of NYSE OGS traded up $2.04 during mid-day trading on Tuesday, reaching $82.01. 17,756 shares of the company’s stock traded hands, compared to its average volume of 550,616. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.57 and a quick ratio of 0.48. The business has a 50-day simple moving average of $78.59 and a 200 day simple moving average of $82.49. The stock has a market cap of $5.15 billion, a P/E ratio of 18.51, a PEG ratio of 2.65 and a beta of 0.66. ONE Gas has a 1-year low of $71.71 and a 1-year high of $90.78.

ONE Gas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.68 per share. The ex-dividend date was Monday, May 18th. This represents a $2.72 dividend on an annualized basis and a yield of 3.3%. ONE Gas’s payout ratio is 61.40%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on OGS. Wells Fargo & Company initiated coverage on ONE Gas in a research note on Monday, May 11th. They issued an “underweight” rating and a $85.00 price objective for the company. Mizuho cut their target price on ONE Gas from $94.00 to $89.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 9th. Weiss Ratings downgraded ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Capital One Financial set a $93.00 price target on ONE Gas in a research report on Friday, June 12th. Finally, Wolfe Research began coverage on ONE Gas in a research note on Tuesday, May 26th. They set a “peer perform” rating on the stock. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $89.70.

Institutional Investors Weigh In On ONE Gas

Hedge funds have recently made changes to their positions in the business. Corient Private Wealth LLC raised its holdings in shares of ONE Gas by 3.5% in the 4th quarter. Corient Private Wealth LLC now owns 4,018 shares of the utilities provider’s stock worth $312,000 after purchasing an additional 135 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of ONE Gas by 7.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,473 shares of the utilities provider’s stock worth $809,000 after purchasing an additional 712 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of ONE Gas by 16.5% in the fourth quarter. NewEdge Advisors LLC now owns 3,533 shares of the utilities provider’s stock worth $273,000 after purchasing an additional 500 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of ONE Gas in the fourth quarter valued at approximately $545,000. Finally, Voloridge Investment Management LLC bought a new stake in shares of ONE Gas in the fourth quarter valued at approximately $3,299,000. 88.71% of the stock is currently owned by institutional investors.

About ONE Gas

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.