OGS

ONE Gas Participation: ONE Gas, Inc. will participate in the American Gas Association Financial Forum from May 18-20, 2025, in Marco Island, Florida, with key executives meeting investors and providing materials on their website after May 16, 2025.

Company Overview: ONE Gas is a regulated natural gas utility serving over 2.3 million customers across Kansas, Oklahoma, and Texas, and is recognized as one of the largest natural gas utilities in the U.S., trading under the symbol "OGS" on the New York Stock Exchange.

Earnings Release Announcement: ONE Gas, Inc. will release its first quarter 2025 financial results on May 5, 2025, with a conference call scheduled for May 6, 2025, at 11 a.m. EDT.

Company Overview: ONE Gas is a regulated natural gas utility serving over 2.3 million customers in Kansas, Oklahoma, and Texas, and is included in the S&P MidCap 400 Index.

Stock Performance: ONE Gas, Inc. shares have surpassed the average analyst 12-month target price of $73.83, currently trading at $74.63, prompting analysts to consider either downgrading their valuation or raising their target prices based on the company's performance.

Analyst Insights: The average target price is derived from various analysts, with predictions ranging from $66.00 to $82.00, indicating differing opinions on the stock's future potential and encouraging investors to evaluate whether to hold or sell their shares.

Annual Meeting Announcement: ONE Gas, Inc. will hold its 2025 Annual Meeting of Shareholders virtually on May 22, 2025, at 10 a.m. EDT, with a record date for voting set for March 24, 2025.

Company Overview: ONE Gas is a regulated natural gas utility serving over 2.3 million customers across Kansas, Oklahoma, and Texas, and is listed on the NYSE under the symbol "OGS."

Stock Performance Overview: OGS has a 52-week low of $57.74 and a high of $78.885, with the last trade recorded at $70.79.

Market Analysis Note: The article mentions other energy stocks that have recently fallen below their 200-day moving average.

Upcoming Ex-Dividend Dates: Vestis Corp, ONE Gas, Inc., and AstraZeneca plc will trade ex-dividend on 2/21/25, with respective dividends of $0.035, $0.67, and $1.05 scheduled for payment in March 2025.

Market Reactions and Dividend Yields: Following the ex-dividend date, shares are expected to open lower by approximately 0.26% for Vestis Corp, 0.92% for ONE Gas, and 1.40% for AstraZeneca, with estimated annual yields of 1.03%, 3.67%, and 2.81% respectively.

ONE Gas Conference Participation: ONE Gas, Inc. will participate in several investor conferences including the UBS Midwest Utilities Mini-Conference and the Morgan Stanley Energy and Power Conference, scheduled for late February and early March 2025.

Company Overview: ONE Gas is a regulated natural gas utility serving over 2.3 million customers across Kansas, Oklahoma, and Texas, and is listed on the New York Stock Exchange under the symbol "OGS."

Earnings Release Schedule: ONE Gas, Inc. will announce its fourth quarter and full year 2024 financial results on February 19, 2025, followed by a conference call on February 20, 2025, at 11 a.m. EST. The schedule for earnings releases and calls for the first three quarters of 2025 has also been outlined.

Company Overview: ONE Gas is a regulated natural gas utility serving over 2.3 million customers in Kansas, Oklahoma, and Texas, and is listed on the NYSE under the symbol "OGS."

Columbus McKinnon and Cadre Holdings Dividend Announcements: Columbus McKinnon declared a quarterly dividend of $0.07 per share, payable on February 18, 2025, while Cadre Holdings announced a quarterly cash dividend of $0.095 per share, reflecting a 9% increase, to be paid on February 14, 2025.

ONE Gas and First BanCorp Dividend Increases: ONE Gas raised its first-quarter 2025 dividend to $0.67 per share, payable on March 7, 2025, and First BanCorp declared a quarterly dividend of $0.18 per share, marking a 13% increase, also payable on March 7, 2025.

Dividend Announcement: ONE Gas has declared a quarterly dividend of $0.67 per share, reflecting a 1.5% increase from the previous dividend of $0.66, with a forward yield of 3.71%.

Earnings Performance: In its Q3 2024 earnings report, ONE Gas reported a GAAP EPS of $0.34, which missed expectations by $0.03, and revenue of $340.39 million, falling short by $16.42 million.

Dividend Increase Announcement: ONE Gas, Inc. has raised its dividend for Q1 2025 by 1 cent to 67 cents per share, with an annualized total of $2.68 per share, payable on March 7, 2025.

Future Dividend Expectations: The company anticipates an average annual dividend increase of 1% to 2% through 2029, maintaining a target payout ratio of 55% to 65% of net income, pending board approval.

Lobbying Disclosure: ONE GAS disclosed $20,000 in lobbying expenses for Q4 2024, focusing on natural gas infrastructure and the Pipeline Safety Modernization and Expansion Act of 2024.

Investor Activity: In the latest quarter, 145 institutional investors increased their shares in OGS stock while 144 reduced their positions, indicating mixed investor sentiment.

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Wells Fargo Analyst Rating: Sarah Akers from Wells Fargo has maintained a Buy rating on ONE Gas (OGS) with a price target of $82.00, while the current share price is $74.04. The overall analyst consensus for ONE Gas suggests a Hold rating with an average price target of $74.33.

Company Performance: ONE Gas reported quarterly revenue of $340.4 million and a net profit of $19.27 million for the quarter ending September 30, showing a slight increase in revenue compared to the previous year but a decrease in net profit.

2025 Financial Guidance: ONE Gas, Inc. anticipates a net income of $254 million to $261 million for 2025, with capital investments around $750 million focused on system integrity and customer growth in Texas and Oklahoma.

Long-term Growth Projections: The company expects average annual increases in net income and diluted earnings per share of 7% to 9% and 4% to 6%, respectively, through 2029, supported by significant capital investments and a stable dividend growth rate.

Upcoming Conferences: ONE Gas, Inc. will participate in several upcoming conferences, including the Jefferies Gas Utilities Mini-Conference on December 9, 2024, and the Wells Fargo Midstream, Energy & Utilities Symposium on December 11, 2024, where its executive team will engage with investors.

Company Overview: ONE Gas is a regulated natural gas utility serving over 2.3 million customers across Kansas, Oklahoma, and Texas, and is listed on the NYSE under the symbol "OGS."

Upcoming Ex-Dividend Dates: ONE Gas, Inc., STERIS plc, and PROG Holdings Inc. will trade ex-dividend on 11/19/24, with dividends of $0.66, $0.57, and $0.12 respectively, affecting their stock prices accordingly.

Dividend Yield Expectations: The estimated annualized yields are 3.56% for ONE Gas, 1.03% for STERIS, and 1.00% for PROG, with current trading showing slight declines in their share prices.

MDU Resources Group Performance: MDU reported third-quarter 2024 operating EPS of 32 cents, exceeding estimates and showing a year-over-year increase, while total operating revenues rose by 4.5% to $1.05 billion. The company has raised its earnings guidance for regulated energy delivery for 2024.

Other Companies' Earnings Reports: ONE Gas, Southwest Gas Holdings, and National Fuel Gas Company reported mixed results in their third-quarter earnings, with some missing consensus estimates and others showing significant year-over-year declines in EPS.

Analyst Ratings Overview: Recent ratings for ONE Gas show a mix of bullish and bearish sentiments, with an average 12-month price target of $78.00, reflecting a 5.41% increase from previous estimates.

Financial Performance Insights: ONE Gas has faced revenue challenges with a decline of approximately -3.88% over three months, but demonstrates strong profitability with a net margin of 5.66% and effective debt management.