COMPARE · Reviewed July 14, 2026

BIPC vs OGS

Verdict: Side-by-side breakdown using the Bull Rankings model. BIPC scored 64.5, OGS scored 63.6 — BIPC leads.
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BIPC
Brookfield Infrastructure Corporation
Utilities - Regulated Gas · Quality-Growth
64.5
$39.71 · $4.9B
Score gap
0.9
BIPC leads
OGS
ONE Gas, Inc.
Utilities - Regulated Gas · Quality-Growth
63.6
$79.15 · $5.0B
BIPC
stronger →← stronger
OGS
75
Qualityreturns · margins · balance sheet
45
44
Growthrevenue & earnings expansion
88
82
Valuevaluation vs sector peers
64
BIPC is stronger on 2 of 3 pillars.
BIPC
OGS
$2mC-
FCF
-$219mF
+0.1%C
Rev
+42.5%A
7.06D
D/E
0.96A-
1.3xA-
P/S
1.9xB+
PEG
1.08B+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
BIPC
OGS
12803% above
Price vs fair valuelower is cheaper
>60%/yr
Growth the price implies10-yr FCF · lower = less priced in
-99%
1-yr DCF upside
-99%
5-yr DCF upside
-99%
10-yr DCF upside
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
BIPC
Why this score
  • Raising its dividend
  • Durable high returns
OGS
Why this score
  • Diluting shareholders
BIPCBrookfield Infrastructure Corporation
Utilities - Regulated Gas · $39.71 · beta 1.30
Why now
Utilities - Regulated Gas · market cap $4.9b. Down 23% from 52-week high of $51.72 — deep drawdown territory.
Moat
Net margin 19% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 35% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
D/E 7.06 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
OGSONE Gas, Inc.
Utilities - Regulated Gas · $79.15 · beta 0.65
Why now
Utilities - Regulated Gas · market cap $5.0b. 13% off the 52-week high of $90.78. Revenue growing +43% — in hypergrowth territory. 8 sell-side analysts rate this a Buy with a mean 1-yr target of $91.25 (implying +15% upside).
Moat
Turnaround / out-of-favor name — GAAP-unprofitable for now, so the durability case is forward-looking: it rests on a recovery (margin normalization, a cyclical upturn or restructuring) or an un-monetized asset (IP / network effects / first-mover position) rather than on current reported results.
Risk
Free cash flow is negative (-$219m) — capital raises or debt issuance likely required; dilution / leverage risk. ROE 8% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.