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ONE Gas (OGS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended March 2025, ONE Gas (OGS - Free Report) reported revenue of $935.19 million, up 23.3% over the same period last year. EPS came in at $1.98, compared to $1.75 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $803.58 million, representing a surprise of +16.38%. The company delivered an EPS surprise of +7.03%, with the consensus EPS estimate being $1.85.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how ONE Gas performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Volumes - Natural Gas Sales - Transportation: 65,300 MMcf compared to the 64,475.83 MMcf average estimate based on three analysts.
  • Volumes - Natural Gas Sales - Total Sales Volumes Delivered: 79,300 MMcf compared to the 72,123.38 MMcf average estimate based on three analysts.
  • Volumes - Natural Gas Sales - Total Volumes Delivered: 144,600 MMcf compared to the 136,632.5 MMcf average estimate based on three analysts.
  • Volumes - Natural Gas Sales - Residential: 58,900 MMcf versus 56,064.04 MMcf estimated by two analysts on average.
  • Volumes - Natural Gas Sales - Other: 1,200 MMcf versus 1,153.53 MMcf estimated by two analysts on average.
  • Volumes - Natural Gas Sales - Commercial & Industrial: 19,200 MMcf compared to the 17,254.44 MMcf average estimate based on two analysts.
  • Average Number of Customers - Total Customers: 2,305 compared to the 2,306 average estimate based on two analysts.
  • Revenue- Transportation: $43.80 million versus the two-analyst average estimate of $41.35 million.
  • Revenue- Natural Gas Sales: $870.40 million versus $719.29 million estimated by two analysts on average.
View all Key Company Metrics for ONE Gas here>>>

Shares of ONE Gas have returned +6.6% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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