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ONE Gas (ONE Gas) Momentum Rank : 4 (As of Apr. 30, 2024)


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What is ONE Gas Momentum Rank?

ONE Gas has the Momentum Rank of 4.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of ONE Gas's Momentum Rank

For the Utilities - Regulated Gas subindustry, ONE Gas's Momentum Rank, along with its competitors' market caps and Momentum Rank 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 Momentum Rank Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ONE Gas's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ONE Gas's Momentum Rank falls into.



ONE Gas Momentum Rank Related Terms

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ONE Gas (ONE Gas) Business Description

Traded in Other Exchanges
Address
15 East Fifth Street, Tulsa, OK, USA, 74103
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.
Executives
Angela Kouplen officer: See Remarks 2425 SOUTH YUKON, TULSA OK 74107
Deborah Hersman director 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael G Hutchinson director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Brian F. Brumfield officer: See remarks 15 EAST 5TH ST., 34TH FLOOR, TULSA OK 74103
Eduardo A Rodriguez director 100 WEST FIFTH STREET, TULSA OK 74103
William Kent Shortridge officer: See Remarks 15 E. 5TH STREET, 34TH FLOOR, TULSA OK 74103
Tracy E Hart director 15 EAST 5TH STREET, TULSA OK 74103
Jeffrey J Husen officer: See Remarks 15 EAST 5TH ST., TULSA OK 74103
John William Gibson director 100 WEST FIFTH STREET, TULSA OK 74103
Arcilia Acosta director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert B Evans director 100 COLLEGE STREET, MINDEN LA 71055
Douglas H Yaeger director
Pattye L Moore director 100 WEST FIFTH STREET, TULSA OK 74103
Mark A. Bender officer: See Remarks 15 EAST 5TH ST., 34TH FLOOR, TULSA OK 74103
Caron A Lawhorn officer: See Remarks 100 WEST FIFTH STREET, TULSA OK 74103