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ONE Gas, Inc. (OGS) is an utilities company in the US gas distribution services industry, based in Tulsa, United States, with about 4,000 full-time employees.
It reported revenue of $2.43 billion for fiscal year 2025, up 16.5% from fiscal year 2024, and net income of $264.22 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $411.64 million, down 2.9% from a year before. Its market capitalization was $4.56 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company offers natural gas distribution services. As of December 31, 2025, it owned 43,200 miles of distribution pipelines and 2,200 miles of transmission pipelines.
ONE Gas reported $2.43 billion in revenue for fiscal year 2025, up 16.5% from $2.08 billion in fiscal year 2024. In Q2 2026 revenue was $411.64 million.
$4.56 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (US gas distribution services) include Black Hills Corporation (BKH), New Jersey Resources Corporation (NJR), Spire Inc. (SR), MDU Resources Group, Inc. (MDU).