One Gas Inc (OGS)
ONE Gas, Inc. is a regulated natural gas distribution company in the United States. The company is headquartered in Tulsa, Oklahoma.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 23.31% per annum.
- OGS price at the close of May 7, 2025 was $81.38 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 49.76% per annum.
- OGS price at the close of May 7, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of OGS price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: October 27, 2023
End date: May 7, 2025
a = 3.2958
b = 0.0006
s = 0.0411
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 23.31%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0411) – 1
= 17.88%
October 27, 2023 calculations
Top border of price channel:
Exp(Y874)
= Exp(a + b × X874 + 2 × s)
= Exp(a + b × 1,267 + 2 × s)
= Exp(3.2958 + 0.0006 × 1,267 + 2 × 0.0411)
= Exp(4.1053)
= $60.66
Bottom border of price channel:
Exp(Y874)
= Exp(a + b × X874 – 2 × s)
= Exp(a + b × 1,267 – 2 × s)
= Exp(3.2958 + 0.0006 × 1,267 – 2 × 0.0411)
= Exp(3.9408)
= $51.46
May 7, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.2958 + 0.0006 × 1,825 + 2 × 0.0411)
= Exp(4.4256)
= $83.56
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.2958 + 0.0006 × 1,825 – 2 × 0.0411)
= Exp(4.2611)
= $70.89
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 23.31% per annum.
- OGS price at the close of May 7, 2025 was $81.38 and was inside the primary price channel.
Secondary Trend
Start date: December 18, 2024
End date: May 7, 2025
a = 2.3431
b = 0.0011
s = 0.0192
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 49.76%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0192) – 1
= 7.99%
December 18, 2024 calculations
Top border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 + 2 × s)
= Exp(a + b × 1,685 + 2 × s)
= Exp(2.3431 + 0.0011 × 1,685 + 2 × 0.0192)
= Exp(4.2458)
= $69.81
Bottom border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 – 2 × s)
= Exp(a + b × 1,685 – 2 × s)
= Exp(2.3431 + 0.0011 × 1,685 – 2 × 0.0192)
= Exp(4.1689)
= $64.65
May 7, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.3431 + 0.0011 × 1,825 + 2 × 0.0192)
= Exp(4.4007)
= $81.51
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.3431 + 0.0011 × 1,825 – 2 × 0.0192)
= Exp(4.3238)
= $75.48
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 49.76% per annum.
- OGS price at the close of May 7, 2025 was inside the secondary price channel.