ONE Gas, Inc. OGS

OGS Company Overview

ONE Gas, Inc. is a regulated natural gas utility company headquartered in Tulsa, Oklahoma, serving residential, commercial, industrial, transportation, and wholesale customers across the United States. The company operates primarily through three regulated natural gas distribution utilities: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. ONE Gas focuses on the distribution of natural gas rather than upstream production or interstate pipeline transportation, positioning the company as a stable, rate-regulated utility operating in essential energy infrastructure markets.

The company was established as an independent publicly traded entity in 2014 through a separation from ONEOK, Inc., which retained its midstream and pipeline operations. Since the separation, ONE Gas has concentrated on regulated utility operations with an emphasis on infrastructure modernization, customer growth in high-population regions, and system reliability. Its customer base is concentrated in growing metropolitan markets across Oklahoma, Kansas, and Texas, including the Austin and Dallas–Fort Worth regions, where population expansion and housing development support long-term demand growth.