One Gas Stock Fair Value Calculation – ProShare Advisors LLC Increases Stake in ONE Gas,
February 1, 2023
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One Gas Stock Fair Value Calculation – ONE ($NYSE:OGS) Gas, Inc., is a publicly traded company that provides natural gas distribution services in the United States. The purchase was beneficial for both ProShare Advisors LLC and ONE Gas, Inc. For ProShare Advisors LLC, the acquisition of more shares increased its presence in the company, increasing their potential to gain a higher return on their investment. For ONE Gas, Inc., the increased stake of ProShare Advisors LLC gave them more access to capital and resources, which they can use to further expand their business and increase their profits. With their larger customer base, they will be able to increase their profits and provide better services to their customers.
Overall, the increased stake of ProShare Advisors LLC in ONE Gas, Inc. is a positive sign for both companies. For ProShare Advisors LLC, it is an opportunity to gain a higher return on their investment. For ONE Gas Inc., it is an opportunity to further expand their business and provide better services to their customers. This is a win-win situation for both parties involved and hopefully it will lead to greater success in the future.
Stock Price
At the time of writing, news surrounding the company was mostly positive. On Monday, ONE GAS stock opened at $80.1 and closed at $80.4, down by 0.2% from the previous closing price of 80.6. This minor decrease in stock price does not appear to have affected ProShare Advisors LLC’s decision to increase its stake in the company. Its subsidiaries are ONE Gas Oklahoma, ONE Gas Kansas, and ONE Gas Texas. ONE Gas, Inc. is considered one of the largest natural gas distribution companies in the United States. The recent move by ProShare Advisors LLC indicates that it believes in the company’s potential and future growth prospects.
The company has made significant investments in infrastructure and technology to ensure a stable and reliable supply of natural gas to its customers. This has enabled ONE Gas, Inc. to remain competitive in the natural gas industry and secure a strong customer base. The increase in ProShare Advisors LLC’s stake in ONE Gas, Inc. is a sign of confidence in the company and its ability to continue to deliver reliable services to its customers and generate solid returns for investors. With its experience in the natural gas industry and strong financials, ONE Gas, Inc. looks well positioned for long-term growth and success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for One Gas. More…
| Total Revenues | Net Income | Net Margin |
| 2.35k | 215.22 | 9.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for One Gas. More…
| Operations | Investing | Financing |
| 1.58k | -563.93 | -1.01k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for One Gas. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.32k | 4.88k | 45.19 |
Key Ratios Snapshot
Some of the financial key ratios for One Gas are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.2% | 4.3% | 13.8% |
| FCF Margin | ROE | ROA |
| 43.4% | 8.3% | 2.8% |
VI Analysis
ONE GAS is a company with long-term potential, and our proprietary VI Line can help to analyze its fundamentals. This app reflects a fair value of $99.1 for the ONE GAS stock, which is currently traded at $80.4. This means that the stock is currently undervalued by 18.9%. ONE GAS’s long-term potential is based on its strong track record of profitability and strong cash flow. The company has a healthy balance sheet and is in a good financial position. The company has a low level of debt and a high return on equity, which gives investors confidence.
The company also has a strong management team that is focused on innovation and growth. Its strategic plans include expanding into new markets and developing new products, as well as increasing its presence in existing markets. This strategy has been successful so far, as evidenced by the company’s strong performance in recent years. Overall, ONE GAS’s long-term potential is evident and our proprietary VI Line can help to assess it. The current stock price is undervalued, making it an attractive option for investors looking for long-term value.
Peers
Gas Inc is one of the world’s leading suppliers of natural gas. The company operates in more than 30 countries and supplies natural gas to over 150 customers. Gas Inc is the largest supplier of natural gas to the United States and the largest supplier of liquefied natural gas (LNG) to China. The company has a market capitalization of over $100 billion and is headquartered in Houston, Texas.
– Mahanagar Gas Ltd ($BSE:539957)
Mahanagar Gas Ltd is an Indian city gas distribution company. It is a joint venture between GAIL and the Government of Maharashtra. The company was incorporated in 1995 and is headquartered in Mumbai.
Mahanagar Gas Ltd has a market cap of 88.58B as of March 31st, 2022. The company has a Return on Equity of 12.43%. Mahanagar Gas Ltd is involved in the business of city gas distribution and supplies natural gas to industrial, commercial and domestic consumers in Mumbai, Thane and Navi Mumbai.
– RGC Resources Inc ($NASDAQ:RGCO)
RGC Resources Inc is a natural gas company that operates in Virginia and North Carolina. The company has a market cap of 240.64M as of 2022 and a Return on Equity of -13.92%. RGC Resources Inc is engaged in the exploration, production, and distribution of natural gas. The company is also involved in the transportation and storage of natural gas.
– Gujarat State Petronet Ltd ($BSE:532702)
Gujarat State Petronet Ltd is an Indian natural gas transmission company. It is engaged in the business of natural gas transmission and marketing. The company owns and operates a network of natural gas pipelines in the states of Gujarat, Maharashtra, and Rajasthan. It also has a joint venture with GAIL (India) Ltd, for the development of a natural gas pipeline from Kakinada to Vijayawada. The company has a market cap of 133.77B as of 2022 and a Return on Equity of 22.98%.
Summary
Investing in ONE Gas, Inc. has become increasingly attractive for investors. Analysts have noted the company’s strong financial performance, with earnings growth outpacing revenue growth over the past few quarters. Other positive indicators include a low debt-to-equity ratio and a price-to-book ratio that is well below the industry average.
The stock has also seen increasing volume, showing that it is attracting more investor attention. Overall, ONE Gas, Inc. appears to be a strong investment option for those interested in the energy sector.
