OGSONE Gas, Inc.
Natural Gas Distribution
- Revenue
- —
- Operating margin
- —
- EBITDA
- $457M
- 15% YoY
- Market cap
- $4.9B
- Employees
- 4,000
- Net debt / EBITDA
- 5.7×
- $2.6B net debt
- AI in 10-K
- 0.7
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo219% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo28% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo2% of assetsOver 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$645K · 17th pctBottom quartile of its SIC industry
- Quiet on AINo0.7 per 10K words · 28th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo5.7× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$4.9B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$396K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.8B | $2.6B | — | — | — | |
| Operating income | $310M | $350M | $378M | $399M | $457M | 15% |
| Net income | $206M | $222M | $231M | $223M | $264M | 19% |
| Operating cash flow | −$1.5B | $1.6B | $940M | $368M | $579M | 57% |
| Capex | $495M | $609M | $667M | $703M | $707M | 0.6% |
| Stock-based comp | $10M | $11M | $12M | $14M | $15M | 7.7% |
| Dividends | $124M | $134M | $144M | $149M | $161M | 7.5% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $396K · 3
- Net
- −$396K
Pay vs performance
No pay-versus-performance disclosure yet.