One Gas: A Leading Natural Gas Utility in the United States

One Gas: A Leading Natural Gas Utility in the United States

One Gas, Inc. stands as one of the largest natural gas utilities in the United States. As a 100 percent regulated, publicly traded company, it plays a critical role in delivering essential energy services to millions of people across the American Midwest and South. Headquartered in Tulsa, Oklahoma, the company manages a vast infrastructure designed to provide reliable natural gas distribution.

Key Facts

  • Founded: February 2014 (via spin-off from Oneok).
  • Headquarters: Tulsa, Oklahoma, U.S.
  • Customer Base: Over 2 million customers.
  • Service Areas: Oklahoma, Kansas, and Texas.
  • Stock Ticker: NYSE: OGS (S&P 400 Component).
  • Leadership: Robert S. McAnnally, President and CEO.

Operational Structure and Service Areas

One Gas operates through three primary subsidiaries, each focusing on a specific geographic region to ensure efficient distribution of natural gas. These divisions allow the company to manage regional regulatory requirements while maintaining a cohesive corporate strategy.

Regional Divisions

The company's service territory is extensive, covering the majority of Oklahoma, a significant portion of the eastern half of Kansas, and several distinct areas within Texas.

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Market Reach and Customer Base

Serving a diverse array of clients, One Gas provides energy to residential, commercial, industrial, transportation, and wholesale customers. This broad reach ensures that both individual households and large-scale industrial operations have access to necessary fuel sources.

The company's most significant markets by customer volume include major urban centers such as Oklahoma City and Tulsa in Oklahoma; Kansas City, Wichita, and Topeka in Kansas; and Austin and El Paso in Texas.

Category Details
Industry Natural gas utility
Public Listing NYSE: OGS
Total Customers 2+ Million
Primary Product Natural Gas
Key Markets OK, KS, TX

Corporate History and Evolution

One Gas was officially established in February 2014. The company was formed when Oneok decided to spin off its distribution subsidiaries into a stand-alone entity. This move separated the distribution business from the broader midstream operations of Oneok.

The roots of the organization go back much further than 2014. One Gas effectively represents the core of the original Oklahoma Natural Gas Company, which was founded in 1906. That original entity later changed its name to Oneok in 1980 before the eventual spin-off that created the modern One Gas, Inc.

Frequently Asked Questions

What does One Gas do?

One Gas is a regulated natural gas utility that provides distribution services to residential, commercial, industrial, transportation, and wholesale customers.

In which states does One Gas operate?

The company operates in Oklahoma, Kansas, and Texas through its three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service.

How was One Gas founded?

One Gas was founded in February 2014 as a spin-off of Oneok's distribution subsidiaries, tracing its heritage back to the Oklahoma Natural Gas Company founded in 1906.

Where is One Gas headquartered?

The company is headquartered in Tulsa, Oklahoma.

Is One Gas a publicly traded company?

Yes, One Gas is publicly traded on the New York Stock Exchange under the ticker symbol OGS and is a component of the S&P 400.

References

  1. "Oneok spinning off natural gas distribution ops". Businessweek. 2014-01-09. Archived from the original on 2014-01-10. Retrieved 2014-04-17.