One Gas, Inc. shares rise 1.70% intraday after Enterprise Products Partners L.P. announced acquisition of Occidental's gas gathering affiliate.

One Gas, Inc. rose 1.70% intraday, with the company's stock price movement potentially influenced by the recent acquisition of Occidental's natural gas gathering affiliate by Enterprise Products Partners L.P. for $580 million in cash. This acquisition includes approximately 200 miles of natural gas gathering pipelines that support Occidental’s production activities in the Midland Basin, which could indicate a positive outlook for the natural gas sector and potentially benefit One Gas, Inc.