ONE Gas Inc (OGS) had declared a cash dividend of $0.4200 on Jan 17, 2017. The shares will quote ex-dividend on Feb 22, 2017 and the record date has been fixed for Feb 24, 2017. Based on Feb 22, 2017 share price, the yield comes out to be 2.69%. The dividend payable date has been fixed on Mar 10, 2017.
In a different note, UBS said it Initiates Coverage On ONE Gas Inc, according to a research note issued on Dec 20, 2016. The shares have been rated ‘Neutral’ by the firm.
ONE Gas Inc (OGS) made into the market gainers list on Wednesdays trading session with the shares advancing 0.14% or 0.09 points. Due to strong positive momentum, the stock ended at $64.39, which is also near the day’s high of $64.65. The stock began the session at $64.04 and the volume stood at 1,89,374 shares. The 52-week high of the shares is $67.35 and the 52 week low is $55.96. The company has a current market capitalization of $3,364 M and it has 5,22,45,273 shares in outstanding.
ONE Gas Inc(OGS) last announced its earnings results on Feb 22, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $440.753M. Analysts had an estimated revenue of $444.730M. Earnings per share were $0.8. Analysts had estimated an EPS of $0.81.
Several Insider Transactions has been reported to the SEC. On Sep 19, 2016, Eduardo A Rodriguez (director) sold 1,325 shares at $60.96 per share price.Also, On Mar 30, 2015, Douglas H Yaeger (director) purchased 4,000 shares at $41.74 per share price.
ONE Gas Inc. is an independent natural gas utility in the United States. The Company is a natural gas distributor in Oklahoma Kansas and Texas. The Company provides natural gas distribution services approximately to two million customers through its divisions in Oklahoma Kansas and Texas. The Companys distribution markets are in terms of customers are Oklahoma City and Tulsa Oklahoma; Kansas City Wichita and Topeka Kansas and Austin and El Paso Texas. The Companys divisions include Oklahoma Natural Gas Kansas Gas Service and Texas Gas Service. Its divisions Oklahoma Natural Gas Kansas Gas Service and Texas Gas Service distribute natural gas as public utilities to approximately 87 % 72 % and 14 % of the natural gas distribution customers in Oklahoma Kansas and Texas respectively.