For Q1 FY2026 ended March 31, 2026, ONE Gas reported net income of $128.7 million, up 7.7% year-over-year. Operating income was $189.6 million, up 5.0%. Diluted EPS was $2.04, a 3.0% increase. The company had $11.4 million in cash, $3.5 billion in equity, and $2.6 billion in long-term debt.
•Net income of $128.7M, up 7.7% YoY.
•Operating income of $189.6M, up 5.0% YoY.
•Diluted EPS of $2.04, up 3.0% YoY.
•Long-term debt of $2.6B, equity of $3.5B.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
ONE Gas is 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. Founded in 1906, ONE Gas is headquartered in Tulsa, Oklahoma.
ONE Gas is a regulated natural gas distribution utility company operating in the United States. The company primarily provides natural gas distribution services to residential, commercial, industrial, transportation, and wholesale customers. As of December 31, 2025, ONE Gas owned 43,200 miles of distribution pipelines and 2,200 miles of transmission pipelines, serving approximately 2.3 million customers across Oklahoma, Kansas, and Texas. The company's core business involves delivering natural gas safely and reliably to end-users through its extensive pipeline network.
Where is ONE Gas (OGS) listed and in which currency?
ONE Gas is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol OGS. The company's financials and stock are denominated in US Dollars (USD), reflecting its operations based in the United States. As a US-listed utility, OGS shares are traded in USD, and investors typically use US currency for transactions.
What sector and industry does ONE Gas (OGS) belong to?
ONE Gas operates in the Utilities sector, specifically within the Utilities - Regulated Gas industry. This classification indicates that the company is a regulated natural gas utility, meaning its rates and operations are subject to oversight by state regulatory authorities. As a regulated gas utility, ONE Gas provides essential natural gas distribution services to customers in its service territories, with its pricing and profitability largely determined by regulatory frameworks.
Where is ONE Gas (OGS) headquartered and what markets does it serve?
ONE Gas is headquartered in Tulsa, Oklahoma, United States. The company serves approximately 2.3 million customers across three states: Oklahoma, Kansas, and Texas. Its service area includes a mix of residential, commercial, industrial, transportation, and wholesale customers. The company's extensive pipeline infrastructure, comprising 43,200 miles of distribution pipelines and 2,200 miles of transmission pipelines as of December 31, 2025, enables it to deliver natural gas to these diverse customer segments across its geographic footprint.
How does ONE Gas (OGS) make money?
ONE Gas generates revenue by providing regulated natural gas distribution services to customers in Oklahoma, Kansas, and Texas. As a regulated utility, its earnings are primarily derived from the rates approved by state public utility commissions, which are designed to cover operating costs and provide a reasonable return on invested capital. The company's customer base includes approximately 2.3 million residential, commercial, industrial, transportation, and wholesale accounts. Revenue is generated through the delivery of natural gas via its extensive pipeline network, which includes 43,200 miles of distribution pipelines and 2,200 miles of transmission pipelines. The company's financial performance is closely tied to regulatory decisions, customer growth, and the volume of natural gas transported.