ONE Gas Inc, founded in 2014 and based in Tulsa, Oklahoma, operates as a leading natural gas utility company dedicated to delivering clean, reliable, and affordable natural gas to residential, commercial, and industrial customers across its service territories in Oklahoma, Kansas, and Texas. The company provides essential services including natural gas distribution, infrastructure maintenance, and customer care, playing a pivotal role in energy delivery for the regions it serves.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OGS 2.00% 2030-05-15 USDONE Gas Inc | United States | 2030-05-15 | 2.000 | 4.01 |
| OGS 4.25% 2032-09-01 USDONE Gas Inc | United States | 2032-09-01 | 4.250 | 4.24 |
| OGS 4.50% 2048-11-01 USDONE Gas Inc | United States | 2048-11-01 | 4.500 | 5.37 |
| OGS 4.66% - USDONE Gas Inc | United States | — | 4.658 | 5.22 |
| OGS 4.66% 2044-02-01 USDONE Gas Inc | United States | 2044-02-01 | 4.658 | 5.41 |
| OGS 5.10% 2029-04-01 USDONE Gas Inc | United States | 2029-04-01 | 5.100 | 4.16 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, ONE Gas has actively engaged in bond issuances to support its capital expenditures and operational growth. The company began its bond issuance program shortly after its spin-off from ONEOK, Inc. in 2014, and notable issuances include a $350 million offering in 2021 with a yield of 2.95%, which was well-received in the market. ONE Gas bonds typically feature a strong credit profile, benefiting from the company's stable cash flows and regulatory environments. As of late 2023, the company's bonds are positioned favorably within the utility sector, offering competitive yields compared to its peers while maintaining a robust commitment to sustainability and service reliability.