ONE Gas (OGS) Capital Expenditures (2013 - 2026)

ONE Gas (OGS) posted quarterly Capital Expenditures of $156.5 million for Q1 2026, down 6.04% YoY from $166.6 million in Q1 2025, and down 6.71% sequentially from $167.8 million in Q4 2025.

ONE Gas (OGS) Capital Expenditures (2013 - 2026) Analysis & Trends

ONE Gas has disclosed Capital Expenditures across 14 years of filings, most recently posting $156.5 million for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 6.04% year-over-year to $156.5 million; the TTM figure through Mar 2026 stood at $697.2 million (down 0.83% YoY), while the FY2025 annual figure was $707.2 million, up 0.58% from the prior year.
  • Capital Expenditures declined to $156.5 million in Q1 2026, from $167.8 million in the prior quarter.
  • Over the last five years, Capital Expenditures for OGS reached as high as $197.0 million in Q4 2022 and fell as low as $113.3 million in Q1 2022.
  • The 5-year median for Capital Expenditures is $168.1 million (2023), against an average of $167.2 million.
  • Annual changes were most pronounced in 2022 — Capital Expenditures jumped 33.5% — and 2023, when it slipped 10.49%.
  • A 5-year view of Capital Expenditures shows it stood at $197.0 million in 2022, then slipped by 10.49% to $176.3 million in 2023, then gained by 1.86% to $179.6 million in 2024, then retreated by 6.56% to $167.8 million in 2025, then dropped by 6.71% to $156.5 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $156.5 million, $167.8 million, and $192.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 1.00 Bn
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 805.20 Mn
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 170.00 Mn
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn -9.94 Mn
5 Black Hills 5.61 Bn 5.58 Bn - 87.70 Mn
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 156.53 Mn
7 Mdu Resources 4.26 Bn 4.20 Bn - 35.50 Mn
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 141.90 Mn
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn 20.23 Mn
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 4.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 156.53 Mn
Mar 31, 2026 156.53 Mn
Dec 31, 2025 167.79 Mn
Dec 31, 2025 167.79 Mn
Sep 30, 2025 192.37 Mn
Sep 30, 2025 192.37 Mn
Jun 30, 2025 180.47 Mn
Jun 30, 2025 180.47 Mn
Mar 31, 2025 166.60 Mn
Mar 31, 2025 166.60 Mn
Dec 31, 2024 179.58 Mn
Dec 31, 2024 179.58 Mn
Sep 30, 2024 181.22 Mn
Sep 30, 2024 181.22 Mn
Jun 30, 2024 175.62 Mn
Jun 30, 2024 175.62 Mn
Mar 31, 2024 166.75 Mn
Mar 31, 2024 166.75 Mn
Dec 31, 2023 176.30 Mn
Dec 31, 2023 176.30 Mn