ONE Gas, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Robert S. McAnnally
- Full Time Employees
- 3,900
- Sector
- Utilities
- Industry
- Regulated Gas
- Address
- 15 East Fifth Street Tulsa OK United States of America 74103
- IPO Date
- Jan 16, 2014
- CIK
- 0001587732
- Website
- onegas.com
- Similar Companies
- Business
- ONE Gas, Inc. (NYSE: OGS) operates as a 100% regulated natural gas utility, providing distribution services to approximately 2.3 million residential, commercial, industrial, transportation, and wholesale customers across Kansas, Oklahoma, and Texas; its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas, Oklahoma Natural Gas, the largest in Oklahoma, and Texas Gas Service, the third-largest in Texas by customers served; the company maintains approximately 41,600 miles of distribution mains, 2,400 miles of transmission pipelines, and 61 billion cubic feet of natural gas storage capacity, with major markets encompassing Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita, and Topeka, Kansas; and Austin and El Paso, Texas. Headquartered in Tulsa, Oklahoma, ONE Gas traces its origins to 1906 as the successor to Oklahoma Natural Gas Company and became a stand-alone entity in 2014 following its spin-off from ONEOK, Inc. Recent developments include a dual listing on NYSE Texas effective November 11, 2025, alongside its primary NYSE trading; a public offering of 2.5 million common shares priced in May 2025 to raise approximately $197.5 million; regulatory approvals for rate increases such as $41.1 million in Oklahoma (with interim rates from June 2025 and customer credits starting February 2026), $7.2 million in Kansas (effective August 2025), and $2.9 million in Texas (effective September 2025); over 450 miles of pipeline replacements in 2024; a 20% increase in storage capacity from pre-Winter Storm Uri levels; and planned 2025 capital investments of about $750 million focused on system integrity, replacements, and $180 million in customer extensions primarily in Texas and Oklahoma.
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