ONE Gas with ticker code (OGS) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 96 and 77 calculating the average target price we see 88.86. Given that the stocks previous close was at 85.82 this now indicates there is a potential upside of 3.5%. The 50 day moving average now sits at 86.33 while the 200 day moving average is 75.42. The company has a market capitalisation of $4,586m. Company Website: https://www.onegas.com
The potential market cap would be $4,749m based on the market concensus.
ONE Gas, together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It provides natural gas distribution services to 2.2 million customers in three states. It serves residential, commercial, and transportation customers. As of December 31, 2021, it operated approximately 41,600 miles of distribution mains; and 2,400 miles of transmission pipelines, as well as had 51.4 billion cubic feet of natural gas storage capacity. ONE Gas was founded in 1906 and is headquartered in Tulsa, Oklahoma.
