ONE Gas is a regulated natural gas utility serving 2.3 million customers in Texas, Oklahoma, and Kansas, with a lower valuation than its peer, Southwest Gas Holdings. Despite a lower price-to-earnings ratio and attractive dividend yield, ONE Gas's stock performance has been disappointing, partially due to its lack of participation in the utility sector rebound. The company's growth is driven by Texas's rapid population growth and substantial capital investments, but share dilution will suppress earnings per share growth compared to peers.
ONE Gas (OGS) reported earnings 30 days ago. What's next for the stock?
ONE Gas, Inc. (NYSE:OGS ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Erin Dailey - Director-Investor Relations Sid McAnnally - President & Chief Executive Officer Chris Sighinolfi - Senior Vice President & Chief Financial Officer Curtis Dinan - Senior Vice President & Chief Operating Officer Conference Call Participants James Ward - Jefferies Christopher Jeffrey - Mizuho Paul Fremont - Ladenburg Operator Good day, and welcome to the ONE Gas Fourth Quarter and Year End 2024 Earnings Conference Call and Webcast. Today's conference is being recorded.
OGS' fourth-quarter earnings surpass estimates, and revenues grow 4.1% year over year. The company adds new customers to its existing base.
Although the revenue and EPS for ONE Gas (OGS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
ONE Gas (OGS) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.27 per share a year ago.
ONE Gas (OGS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
OGS continues to increase shareholder value as its board of directors raises dividends by 1%. It expects an average annual dividend increase of 1-2% through 2029.
Investors looking for stocks in the Utility - Gas Distribution sector might want to consider either Spire (SR) or ONE Gas (OGS). But which of these two companies is the best option for those looking for undervalued stocks?
OGS makes a strong case for investment, given its growth prospects, capability to increase shareholders' value and debt management.
OGS announces its long-term capital investment plan. Systematic investments will further strengthen infrastructure and allow OGS to meet its customer demands.
ONE Gas (OGS) reported earnings 30 days ago. What's next for the stock?