Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). ONE Gas's share price for the quarter that ended in Dec. 2023 was $63.72. ONE Gas's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 57 Mil. Therefore, ONE Gas's market cap for the quarter that ended in Dec. 2023 was $3,603 Mil.
ONE Gas's quarterly market cap
declined
from Jun. 2023 ($4,259 Mil) to Sep. 2023 ($3,786 Mil) and
declined
from Sep. 2023 ($3,786 Mil) to Dec. 2023 ($3,603 Mil).
ONE Gas's annual market cap
increased
from Dec. 2021 ($4,161 Mil) to Dec. 2022 ($4,191 Mil) but then
declined
from Dec. 2022 ($4,191 Mil) to Dec. 2023 ($3,603 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. ONE Gas's Enterprise Value for Today is $6,648 Mil.
ONE Gas Market Cap Historical Data
The historical data trend for ONE Gas's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, ONE Gas's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ONE Gas's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ONE Gas's Market Cap distribution charts can be found below:
* The bar in red indicates where ONE Gas's Market Cap falls into.
ONE Gas Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
ONE Gas's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ONE Gas (NYSE:OGS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
ONE Gas Market Cap Related Terms
Thank you for viewing the detailed overview of ONE Gas's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. The company controls considerable market shares in Oklahoma and Kansas and is one of the largest natural gas utilities in the U.S.
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