ONE Gas, Inc.
ONE Gas, Inc. (NYSE: OGS) is a regulated natural gas distribution utility serving approximately 2.3 million residential, commercial and transportation customers in Oklahoma, Kansas and Texas. Its three operating divisions are Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service, which distribute gas to about… From the company’s description.
Over the twelve months to Sep 30, 2026, ONE Gas, Inc. reported revenue of $2.32B, down 1.9% from a year earlier, and net income of $293.01M. Its operating margin was 21.1%, and operations generated $550.80M in cash. In fiscal 2025, it reported revenue of $2.43B, up 16.5% from fiscal 2024, and net income of $264.22M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What ONE Gas, Inc. does
In the company’s own words
ONE Gas, Inc. (NYSE: OGS) is a regulated natural gas distribution utility serving approximately 2.3 million residential, commercial and transportation customers in Oklahoma, Kansas and Texas. Its three operating divisions are Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service, which distribute gas to about 89%, 72% and 13% of customers in their respective states. The company delivers natural gas through distribution and transmission networks and provides transportation service to qualifying commercial and industrial customers that purchase gas from other suppliers. Its utility operations are subject to state and local regulation, with rates established by regulators and municipalities in its service areas. At December 31, 2025, ONE Gas owned approximately 43,200 miles of distribution mains and 2,200 miles of transmission pipelines. The company traces its origins to Oklahoma Natural Gas Company, founded in 1906, and separated from ONEOK in 2014. Its website is www.onegas.com.
Company details
- Sector
- Utilities
- Industry (SIC)
- Electric, Gas & Water
- Headquarters
- TULSA, OK
- Fiscal year end
- December
- CIK
- 1587732
- SIC
- 4924
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns ONE Gas, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · ONE Gas, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
ONE Gas, Inc.’s bonds, as funds hold them
Funds report holding 7 issues of ONE Gas, Inc.’s debt, $182.05M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.39%, maturing 2026 to 2048.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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