ONE Gas (NYSE:OGS) announced its quarterly earnings results on Wednesday. The utilities provider reported $0.89 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.89, Bloomberg Earnings reports. ONE Gas had a net margin of 10.42% and a return on equity of 8.22%. During the same quarter last year, the firm posted $0.80 earnings per share. ONE Gas updated its FY18 guidance to $2.96-3.20 EPS.
ONE Gas (NYSE OGS) traded down $0.99 during midday trading on Wednesday, hitting $66.67. 254,321 shares of the stock traded hands, compared to its average volume of 253,721. ONE Gas has a 12-month low of $63.16 and a 12-month high of $79.51. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 1.14. The company has a market cap of $3,563.50, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 3.77 and a beta of 0.03.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Friday, February 23rd will be paid a $0.46 dividend. This is a positive change from ONE Gas’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, February 22nd. This represents a $1.84 annualized dividend and a dividend yield of 2.76%. ONE Gas’s dividend payout ratio is presently 56.19%.
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About ONE Gas
ONE Gas, Inc is a regulated natural gas distribution utility in the United States. The Company provides natural gas distribution services. The Company distributes natural gas in Oklahoma, Kansas and Texas. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.
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