OGS - NYSE

ONE Gas, Inc.

OGS·NYSE

$77.30

+0.65%

UtilitiesRegulated Gas

ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It provides natural gas distribution services to 2.2 million customers in three states. It serves residential, commercial, and transportation customers. As of December 31, 2021, it operated approximately 41,600 miles of distribution mains; and 2,400 miles of transmission pipelines, as well as had 51.4 billion cubic feet of natural gas storage capacity. ONE Gas, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.85B

EPS4.3900

P/E Ratio17.61

Earnings Date08/04/2026

9.33B

Assets

11%

3Y+20.0%

5Y+55.0%

10Y+89.0%

5.89B

Total Liabilities

11%

3Y+13.0%

5Y+55.0%

10Y+93.0%

3.44B

Total Equity

11%

3Y+33.0%

5Y+54.0%

10Y+82.0%

ONE Gas, Inc. Funding & Solvency Profile

OGS · NYSE

Current Assets

Cash & Cash Equivalents33.73M

Net Receivables517.18M

Inventory0.00

Other Current Assets364.97M

Total Current Assets916 M

Non-Current Assets

Property, Plant & Equipment7.14B

Goodwill & Intangible Assets391.74M

Long-Term Investments0.00

Other Non-Current Assets409.96M

Total Non-Current Assets8 B

Total Assets

9.33B

Financial Health Analysis

Current Ratio

0.60x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.71x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-615974000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

10% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

ONE Gas, Inc. Balance Sheet

OGS • NYSE

ONE Gas, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	33.7M	58M	18.8M	9.7M	8.9M	8M	17.9M	21.3M	14.4M	14.7M	2.4M	11.9M	3.2M	4M	4.5M
Cash & Short-Term Investments	33.7M	58M	18.8M	9.7M	8.9M	8M	17.9M	21.3M	14.4M	14.7M	2.4M	11.9M	3.2M	4M	4.5M
Net Receivables	517.2M	462.1M	351.8M	553.8M	341.8M	293M	250M	295.4M	298.8M	292.3M	255.2M	370.5M	357M	260.3M	272.9M
Accounts Receivables	461.6M	408.4M	347.9M	553.8M	341.8M	293M	250M	295.4M	298.8M	290.9M	216.3M	326.7M	357M	260.3M	272.9M
Other Receivables	55.6M	53.6M	3.9M	0.0	0.0	0.0	0.0	0.0	0.0	1.4M	38.9M	43.8M	0.0	0.0	0.0
Inventory	0.0	252.8M	264.7M	340.1M	234.5M	146.7M	160M	151.6M	169.8M	159.5M	175.5M	185.3M	166.1M	103M	133.1M
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1.4M	0.0	0.0	0.0	0.0	0.0
Other Current Assets	365M	157M	129.8M	314M	1.6B	92.2M	78.3M	74.9M	106M	103.8M	49.7M	72.2M	59.3M	89.8M	32.7M
Total Current Assets	915.9M	929.9M	765.2M	1.2B	2.2B	539.9M	506.2M	543.3M	589M	568.9M	482.8M	667.5M	602.2M	457.1M	464.5M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	7.1B	6.6B	6.1B	5.6B	5.2B	4.9B	4.6B	4.3B	4B	3.7B	3.5B	3.3B	3B	2.8B	2.6B
Goodwill	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M
Intangible Assets	233.8M	266M	293.6M	323.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	391.7M	423.9M	451.6M	481.8M	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M	158M
Long-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-214.9M	-194.8M	-598M	-515.9M	-415.9M	-743.4B	0.0	0.0
Tax Assets	475.3M	0.0	0.0	0.0	0.0	0.0	0.0	652.4M	599.9M	1B	951.8M	894.6M	743.5B	0.0	0.0
Other Non-Current Assets	410M	425.9M	419M	448.2M	828.8M	463.8M	478.9M	46.2M	47.2M	43.8M	55.8M	51.3M	17.7M	49.3M	53.3M
Total Non-Current Assets	8.4B	7.5B	7B	6.6B	6.2B	5.5B	5.2B	4.9B	4.6B	4.4B	4.2B	4B	3.2B	3B	2.8B
Total Assets	9.3B	8.4B	7.8B	7.8B	8.4B	6B	5.7B	5.5B	5.2B	4.9B	4.6B	4.6B	3.8B	3.5B	3.3B
LIABILITIES
CURRENT LIABILITIES
Total Payables	222.1M	336.9M	346.8M	438.8M	325.6M	216.1M	168.4M	174.5M	185M	132M	144.7M	203.8M	191.9M	188.3M	188.6M
Accounts Payable	222.1M	261.3M	278.1M	360.5M	258.6M	152.3M	120.5M	174.5M	143.7M	132M	107.5M	159.1M	169.5M	137.3M	132.9M
Other Payables	0.0	75.6M	68.8M	78.4M	67M	63.8M	48M	0.0	41.3M	0.0	37.2M	44.7M	22.4M	51.1M	55.7M
Accrued Expenses	0.0	0.0	0.0	0.0	0.0	0.0	0.0	47.6M	48.8M	41.8M	50.3M	44.9M	4.8M	0.0	0.0
Short Term Debt	1B	943.6M	888.9M	572.7M	494M	418.2M	516.5M	299.5M	357.2M	145M	12.5M	42M	445M	294.3M	235.7M
Capital Lease Obligations (Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	42.6M	0.0	0.0	0.0	0.0	0.0
Tax Payables	75.6M	75.6M	68.8M	78.4M	67M	63.8M	48M	47.6M	41.3M	42.6M	37.2M	44.7M	32.4M	30M	29.8M
Deferred Revenue	52.9M	56.2M	62.2M	57.9M	62.5M	68M	58M	61.2M	60.8M	61.2M	60.3M	60M	57.4M	58.1M	59.3M
Other Current Liabilities	234.3M	121.5M	179.3M	120M	98.5M	94.7M	129.8M	116.1M	21.5M	63.9M	36.3M	41.7M	127.4M	38M	54.8M
Total Current Liabilities	1.5B	1.5B	1.5B	1.2B	980.5M	797.1M	872.7M	698.9M	673.3M	443.9M	304.2M	392.4M	769.1M	578.7M	538.5M
NON-CURRENT LIABILITIES
Long Term Debt	2.4B	2.4B	2.2B	2.7B	3.7B	1.6B	1.3B	1.3B	1.2B	1.2B	1.2B	1.2B	1B	1B	913.9M
Deferred Revenue (Non-Current)	109.6M	88.1M	0.0	75.9M	0.0	83.1M	0.0	89.6M	87.8M	76.1M	73.2M	79.1M	66B	0.0	0.0
Deferred Tax Liabilities (Non-Current)	1.4B	891.7M	752.1M	698.5M	695.3M	656.8M	682.6M	652.4M	599.9M	1B	951.8M	894.6M	743.5M	649.3M	587.9M
Other Non-Current Liabilities	451.6M	486.2M	615.4M	549M	693.4M	645.2M	737.5M	699.6M	692.4M	303.5M	282M	287.8M	0.0	79.6M	0.0
Total Non-Current Liabilities	4.4B	3.9B	3.5B	4B	5.1B	3B	2.7B	2.7B	2.6B	2.6B	2.5B	2.5B	1.8B	1.8B	1.6B
Capital Lease Obligations	0.0	11.4M	0.0	17.4M	0.0	30.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	5.9B	5.3B	5B	5.2B	6.1B	3.8B	3.6B	3.4B	3.2B	3.1B	2.8B	2.9B	2.6B	2.3B	2.1B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.1M	-18.5M	-18.1M	-14.5M	0.0	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	86K	493K	0.0	401K	174K	0.0	0.0	0.0
Common Stock	627K	599K	565K	553K	536K	532K	528K	526K	526K	526K	526K	521K	1.2B	1.2B	0.0
Additional Paid-In Capital	2.5B	2.3B	2B	1.9B	1.8B	1.8B	1.7B	1.7B	1.7B	1.7B	1.8B	1.8B	0.0	0.0	0.0
Retained Earnings	909.4M	809.6M	737.7M	651.9M	565.2M	483.6M	402.5M	320.9M	246.1M	161M	95M	39.9M	0.0	0.0	0.0
Accumulated Other Comprehensive Income/Loss	4K	-126K	-1.2M	-704K	-6.5M	-7.8M	-6.7M	-4.1M	-5.5M	-4.7M	-4.4M	-5.2M	-1.5B	-1.4B	-1.4B
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.4B	1.4B
Total Stockholders' Equity	3.4B	3.1B	2.8B	2.6B	2.3B	2.2B	2.1B	2B	2B	1.9B	1.8B	1.8B	1.2B	1.2B	1.2B
Total Equity	3.4B	3.1B	2.8B	2.6B	2.3B	2.2B	2.1B	2B	2B	1.9B	1.8B	1.8B	1.2B	1.2B	1.2B
SUMMARY
Total Liabilities & Equity	9.3B	8.4B	7.8B	7.8B	8.4B	6B	5.7B	5.5B	5.2B	4.9B	4.6B	4.6B	3.8B	3.5B	3.3B
Total Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-214.9M	-194.8M	-598M	-515.9M	-415.9M	-743.4B	0.0	0.0
Total Debt	3.4B	3.3B	3B	3.3B	4.2B	2B	1.8B	1.6B	1.6B	1.3B	1.2B	1.2B	1.5B	1.3B	1.1B
Net Debt	3.4B	3.3B	3B	3.2B	4.2B	2B	1.8B	1.6B	1.5B	1.3B	1.2B	1.2B	1.5B	1.3B	1.1B
Shares Outstanding	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041	59,999,041

SEC Filings

OGS - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 27, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 26, 2026	May 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 12, 2026	May 12, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 07, 2026	April 07, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 01, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 24, 2026	February 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 24, 2026	February 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 20, 2026	February 20, 2026	2026	View Filing

Showing 1 to 10 of 387 filings

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