BB&T Capital Initiates Coverage on ONE Gas Inc(NYSE:OGS). The shares have been rated Hold. The rating by BB&T Capital was issued on Jun 22, 2016.
ONE Gas Inc (OGS) made into the market gainers list on Mondays trading session with the shares advancing 0.33% or 0.21 points. Due to strong positive momentum, the stock ended at $63.05, which is also near the day’s high of $63.35. The stock began the session at $62.32 and the volume stood at 3,47,705 shares. The 52-week high of the shares is $63.79 and the 52 week low is $41.23. The company has a current market capitalization of $3,289 M and it has 5,21,61,391 shares in outstanding.
ONE Gas Inc(OGS) last announced its earnings results on May 2, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $508.36M. Analysts had an estimated revenue of $731.66M. Earnings per share were $1.22. Analysts had estimated an EPS of $1.20.
Several Insider Transactions has been reported to the SEC. On Mar 28, 2016, Eduardo A Rodriguez (director) sold 1,825 shares at $59.32 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.