ONE Gas (OGS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - ONE Gas (OGS) reported revenue of $423.74 million for the quarter ended June 2025, marking a year-over-year increase of 19.7% and exceeding the Zacks Consensus Estimate of $404.11 million by 4.86% [1] - The earnings per share (EPS) for the same period was $0.53, compared to $0.48 a year ago, aligning with the consensus EPS estimate [1] - The stock has returned +0.8% over the past month, slightly underperforming the Zacks S&P 500 composite's +1% change, and currently holds a Zacks Rank 2 (Buy) [3] Revenue and Earnings Performance - Natural gas sales revenue was reported at $369.5 million, exceeding the two-analyst average estimate of $337.01 million, with a year-over-year change of +20.4% [4] - Transportation revenues reached $31 million, surpassing the two-analyst average estimate of $26.23 million, reflecting a year-over-year increase of +2.3% [4] Volume Metrics - Total natural gas sales volumes delivered were 18,900.00 MMcf, exceeding the three-analyst average estimate of 16,538.68 MMcf [4] - Total volumes delivered were 67,600.00 MMcf, compared to the average estimate of 70,277.42 MMcf [4] - Residential natural gas sales volumes were reported at 12,600.00 MMcf, above the two-analyst average estimate of 11,380.00 MMcf [4] - The average number of customers was reported at 2,302, slightly above the two-analyst average estimate of 2,300 [4]