ONE Gas Inc (OGS) Stock AnalysisOGSONE Gas Inc

ONE Gas, Inc. is a regulated natural gas distribution utility in the United States. The Company operates through a single segment: regulated public utilities, which deliver natural gas to residential, commercial and transportation customers. The Company provides natural gas distribution services to approximately 2.3 million customers. The Company has three divisions: Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service. It primarily serves residential, commercial and transportation customers in all three states. The Company’s natural gas distribution markets in terms of customers are Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita and Topeka, Kansas; and Austin and El Paso, Texas. It distributes natural gas to approximately 89%, 71% and 13% of the natural gas distribution customers in Oklahoma, Kansas and Texas, respectively. It operates in the Utilities sector (NATURAL GAS DISTRIBUTION industry).

ONE Gas Inc (OGS) is currently trading at $72.50, which is below its analyst price targets of $80 to $87, suggesting potential upside. However, the RSI is at 42.68, indicating a lack of momentum, and the stock has seen a year-to-date decline of 6.35%. The main risk is the downgrade from Jefferies, which cited higher interest rates and muted earnings expectations for FY27.

8 analysts cover OGS: 0 rate it Buy, 5 Hold and 3 Sell. The average price target is 87.33.