ONE Gas (NYSE:OGS) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Posted by Brenda Bartman on Nov 3rd, 2026

ONE Gas (NYSE:OGS – Get Free Report) posted its earnings results on Monday. The utilities provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.48 by $0.05, FiscalAI reports. ONE Gas had a return on equity of 8.81% and a net margin of 12.61%. The firm had revenue of $391.31 million for the quarter, compared to analyst estimates of $398.23 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. ONE Gas’s revenue for the quarter was up 3.2% compared to the same quarter last year.

ONE Gas Stock Performance

Shares of OGS stock opened at $80.91 on Wednesday. The stock’s 50-day moving average price is $76.23 and its 200 day moving average price is $80.84. The company has a quick ratio of 0.37, a current ratio of 0.48 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $5.09 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 2.11 and a beta of 0.62. ONE Gas has a 52-week low of $70.37 and a 52-week high of $90.78.

ONE Gas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Monday, November 16th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 3.4%. The ex-dividend date is Monday, November 16th. ONE Gas’s payout ratio is 58.62%.

ONE Gas News Roundup

Here are the key news stories impacting ONE Gas this week:

Positive Sentiment: ONE Gas reported third-quarter adjusted earnings of $0.53 per share, beating the $0.48 consensus estimate and rising from $0.44 a year earlier. Revenue increased 3.2% year over year, with new rates and customer growth contributing. ONE Gas Q3 Earnings Beat Estimates on New Rates, Revenues Rise Y/Y
Positive Sentiment: The company raised its 2026 adjusted EPS guidance to $4.95–$5.01, above its prior range and the $4.91 analyst consensus. ONE Gas Announces Third Quarter 2026 Financial Results and Raises Guidance
Positive Sentiment: ONE Gas declared a quarterly dividend of $0.68 per share, equivalent to $2.72 annually and a 3.4% indicated yield. The dividend is payable December 3 to shareholders of record November 16.
Negative Sentiment: Third-quarter revenue of $391.3 million missed analysts’ $398.2 million estimate, tempering the earnings beat.

Analyst Ratings Changes

A number of research firms have recently commented on OGS. Wells Fargo & Company upgraded ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 target price on the stock in a research report on Thursday, August 6th. Scotiabank assumed coverage on ONE Gas in a research report on Tuesday, September 29th. They issued a “sector outperform” rating and a $86.00 target price for the company. LADENBURG THALM/SH SH upgraded ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price target on the stock in a research note on Thursday, August 13th. Wall Street Zen raised ONE Gas from a “sell” rating to a “hold” rating in a research report on Sunday. Finally, Truist Financial reduced their price objective on ONE Gas from $89.00 to $87.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.46.

Check Out Our Latest Research Report on OGS