ONE Gas, Inc. Overview
Pro stress-test →ONE Gas operates as a regulated natural gas distribution utility company providing natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. The company trades on the New York Stock Exchange under the symbol OGS and is included in the S&P MidCap 400 Index.
Strategic Profile
Pro stress-test →ONE Gas is a stand-alone, 100 percent regulated natural gas utility and one of the largest natural gas utilities in the United States, serving as the largest natural gas distributor in Oklahoma and Kansas, and the third-largest in Texas. The company's existing assets have close proximity to significant natural gas reserves and transportation infrastructure, resulting in lower transportation, storage and commodity costs that provide competitive advantage over peers.
Competitive Landscape
Pro stress-test →ONE Gas is the largest natural gas distributor in Oklahoma and Kansas in terms of customer count, serving approximately 89% and 71% of natural gas distribution customers in those states respectively, while holding the third-largest position in Texas with 13% market share. The company competes with other regional and national gas utilities in its service territories.
Industry Context
ONE Gas, Inc. operates in Natural Gas Distribution Utilities.
Key facts
Founded: 1906 · Headquarters: Tulsa, Oklahoma