ONE Gas, Inc. (NYSE:OGS) to Issue $0.68 Quarterly Dividend

Key Points

• ONE Gas declared a quarterly dividend of $0.68 per share (annualized yield ~3.1%); the ex‑dividend date is May 18 and the payment date is June 2.
• The company reported Q1 EPS of $2.11 versus a $2.13 consensus (a small miss) and revenue of $831.7M versus ~$969M, with revenue down ~11.1% year‑over‑year.
• ONE Gas affirmed FY2026 guidance of $4.83–$4.95 EPS (analysts ~4.8), and its dividend appears covered with a current payout ratio of ~60.6% and an expected future payout around 54.5%.

ONE Gas, Inc. (NYSE:OGS - Get Free Report) declared a quarterly dividend on Monday, May 4th. Shareholders of record on Monday, May 18th will be given a dividend of 0.68 per share by the utilities provider on Tuesday, June 2nd. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, May 18th.

ONE Gas has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years. ONE Gas has a dividend payout ratio of 60.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ONE Gas to earn $4.99 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 54.5%.

ONE Gas Stock Down 0.1%

ONE Gas stock opened at $88.79 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.48 and a current ratio of 0.60. ONE Gas has a 52-week low of $70.87 and a 52-week high of $90.78. The firm has a 50 day moving average price of $87.30 and a two-hundred day moving average price of $82.75. The firm has a market cap of $5.57 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 2.98 and a beta of 0.72.

ONE Gas (NYSE:OGS - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported $2.11 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.02). The company had revenue of $831.71 million during the quarter, compared to the consensus estimate of $969.36 million. ONE Gas had a net margin of 10.89% and a return on equity of 8.24%. The business's revenue was down 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.99 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities analysts predict that ONE Gas will post 4.8 EPS for the current year.

Key Headlines Impacting ONE Gas

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: Company raised/affirmed FY‑2026 EPS guidance to $4.830–$4.950, above the Street consensus (~$4.78), which supports forward earnings expectations. ONE Gas Announces First Quarter 2026 Financial Results; Affirms 2026 Financial Guidance
• Positive Sentiment: Board declared a quarterly dividend of $0.68/share (annualized yield ~3.1%), supporting the stock’s income profile for dividend-focused investors (ex‑dividend May 18; pay date June 2).
• Neutral Sentiment: Management scheduled an analyst call/webcast to discuss Q1 and guidance (provides more detail but is informational rather than market moving by itself). ONE Gas Announces First Quarter 2026 Financial Results; Affirms 2026 Financial Guidance
• Neutral Sentiment: Analyst/press coverage is running multiple pieces breaking down the quarter and metrics — useful for context but not decisive on its own. ONE Gas (OGS) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Q1 results missed expectations: EPS $2.11 vs. consensus $2.13 (small miss) and revenue $831.7M vs. consensus ~$969M (material shortfall). Revenue fell ~11.1% year‑over‑year — the revenue miss and decline are the primary negative drivers. ONE Gas Q1 2026 Press Release (PDF)
• Negative Sentiment: Coverage highlighting the miss (Zacks and others) can amplify near‑term selling pressure from traders focused on quarterly beats/misses. ONE Gas (OGS) Lags Q1 Earnings and Revenue Estimates

ONE Gas Company Profile

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company's service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.