A Director at ONE Gas (OGS) is Buying Shares


Today, a Director at ONE Gas (NYSE: OGS), Michael Hutchinson, bought shares of OGS for $51.17K.

Following Michael Hutchinson’s last OGS Buy transaction on May 09, 2017, the stock climbed by 7.4%. This recent transaction increases Michael Hutchinson’s holding in the company by 8.11% to a total of $682.3K.

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Based on ONE Gas’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $638 million and quarterly net profit of $90.84 million. In comparison, last year the company earned revenue of $550 million and had a net profit of $76.46 million. OGS’s market cap is $3.84B and the company has a P/E ratio of 21.76. Currently, ONE Gas has an average volume of 136.5K.

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ONE Gas, Inc. engages in the provision of natural gas distribution services. It also offers natural gas to residential, commercial, industrial, and transportation customers. The company was founded in 1906 and is headquartered in Tulsa, OK.

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