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Atmos Energy Corporation - ATO STOCK NEWS

Welcome to our dedicated page for Atmos Energy Corporation news (Ticker: ATO), a resource for investors and traders seeking the latest updates and insights on Atmos Energy Corporation stock.

Atmos Energy Corporation, headquartered in Dallas, is one of the largest natural gas distributors in the United States. Serving over three million customers across eight states, Atmos Energy delivers natural gas to more than 1,400 communities. The company's operations extend from the Blue Ridge Mountains in the east to the Rocky Mountains in the west.

Atmos Energy's core business involves the management of company-owned natural gas pipeline and storage assets. The company operates one of the largest intrastate natural gas pipeline systems in Texas, crucial for transporting gas across key shale formations. Additionally, Atmos Energy provides marketing and procurement services to industrial, commercial, and municipal customers primarily in the Midwest and Southeast regions.

Recent achievements highlight Atmos Energy's commitment to safety and reliability. The company has invested significantly in modernizing its infrastructure to enhance service delivery and minimize environmental impact. Current projects focus on expanding pipeline capacity and improving storage facilities to ensure a steady and reliable supply of natural gas.

Financially, Atmos Energy stands strong as the largest publicly traded, fully regulated, pure-play natural gas utility in the United States. With about two-thirds of its earnings derived from Texas, Atmos Energy benefits from its strategic location and extensive pipeline network. The company's robust financial health is evidenced by stable earnings and consistent dividend payouts.

Partnerships and Collaborations: Atmos Energy collaborates with various stakeholders, including regulatory bodies, environmental organizations, and local communities, to promote sustainable practices and enhance service quality. The company is dedicated to maintaining a balance between growth and environmental responsibility.

For more detailed information about Atmos Energy's operations, financial performance, and latest developments, visit www.atmosenergy.com.

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Atmos Energy (NYSE: ATO) announced leadership changes in its legal department. Karen E. Hartsfield, Senior Vice President, General Counsel and Corporate Secretary, will retire in late 2025. She will maintain her current role until December 31, 2024, before transitioning to a Senior Advisor position while remaining on the Management Committee.

Jessica Bateman Pulliam has been appointed as the new Senior Vice President, General Counsel and Corporate Secretary, effective January 1, 2025. Pulliam joins from Baker Botts L.L.P., where she served as partner and co-chair of the Securities and Shareholder Litigation Group. She brings over 21 years of experience in complex legal and regulatory matters.

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Atmos Energy (NYSE: ATO) reported earnings per diluted share of $6.83 on net income of $1 billion for fiscal 2024. Capital expenditures were $2.9 billion, with 83% focused on safety and reliability. The company maintains a strong financial profile with 61% equity capitalization and $4.8 billion in available liquidity. For fiscal 2025, earnings guidance is projected at $7.05-$7.25 per diluted share, with capital expenditure guidance of $3.7 billion. The Board declared a quarterly dividend of $0.87 per share, indicating an annual dividend of $3.48 for fiscal 2025, an 8.1% increase over 2024.

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Atmos Energy (NYSE: ATO) announced a quarterly dividend increase to 87.0 cents per share, marking its 164th consecutive quarterly dividend. The Fiscal 2024 annual dividend was $3.22, while the Fiscal 2025 indicated annual dividend is $3.48. The dividend will be paid on December 9, 2024, to shareholders of record on November 25, 2024. Atmos Energy is the country's largest natural gas-only distributor, serving over 3 million customers across eight states primarily in the South, with one of the largest intrastate natural gas pipeline systems in Texas.

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Atmos Energy (NYSE: ATO) has announced it will host a conference call on Thursday, November 7, 2024, at 10 a.m. Eastern to review the company's Fiscal 2024 year-end and fourth quarter financial results. The results will be released on Wednesday, November 6, 2024, after the market close. Investors can access the call via toll-free (800-715-9871) or international (+1 646-307-1963) numbers, using Conference ID: 15904. An Internet webcast will also be available at www.atmosenergy.com and archived for 30 days.

Atmos Energy, an S&P 500 company, is the largest natural gas-only distributor in the United States, serving over 3 million customers across eight states. The company is focused on safety, modernization, and environmental sustainability while managing proprietary pipeline and storage assets.

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Atmos Energy (NYSE: ATO) has announced the election of Edward Geiser to its board of directors, effective September 10, 2024. Geiser, currently the Executive Managing Partner at Juniper Capital Advisors, L.P., brings extensive experience in the energy sector and public and private finance. His background includes roles at Och-Ziff Capital Management, Merrill Lynch, and Morgan Stanley, as well as serving as Chairman of the Board for Ranger Oil from January 2021 to June 2023.

Kim R. Cocklin, Chairman of the Board of Atmos Energy, highlighted Geiser's valuable experience in strategic and financial matters, as well as executive compensation. Atmos Energy, an S&P 500 company, is the largest natural gas-only distributor in the United States, serving over 3.3 million customers across eight states.

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Atmos Energy (NYSE: ATO) has announced the appointment of Telisa Toliver to its board of directors, effective September 10, 2024. Toliver, currently the General Manager of Renewable Power for Chevron Pipeline and Power, brings extensive experience in the energy sector. Her expertise spans areas such as governance, human resource management, supply chain, environmental sustainability, risk management, and strategic planning.

Toliver's background includes leadership roles at Chevron, where she managed commercial, technical, and operational aspects of integrating renewable power projects globally. Her appointment is expected to bring valuable insights to Atmos Energy, the largest natural gas-only distributor in the United States, serving over 3.3 million customers across eight states.

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Atmos Energy (NYSE: ATO) reported its fiscal 2024 third quarter results, highlighting earnings per diluted share of $6.00 on net income of $908.9 million year-to-date. The company's capital expenditures reached $2.1 billion, with 82% focused on safety and reliability. Atmos Energy maintains a strong financial profile with 61% equity capitalization and $4.3 billion in available liquidity.

The company reaffirmed its fiscal 2024 guidance, expecting earnings per diluted share to be in the range of $6.70 - $6.80. Capital expenditure guidance for fiscal 2024 is approximately $3.1 billion. The Board of Directors declared a quarterly dividend of $0.805 per common share, with an indicated annual dividend of $3.22 for fiscal 2024, representing an 8.8% increase over fiscal 2023.

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Atmos Energy (NYSE: ATO) has declared a quarterly dividend of 80.5 cents per share on its common stock. The indicated annual dividend is $3.22. The dividend will be paid on September 9, 2024, to shareholders of record on August 26, 2024. This marks the company's 163rd consecutive quarterly dividend.

Atmos Energy, an S&P 500 company, is the largest natural gas-only distributor in the United States. It serves over 3 million customers across eight states, primarily in the South. The company is focused on modernizing its infrastructure, investing in safety, innovation, and environmental sustainability.

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Atmos Energy (NYSE: ATO) will host a conference call on August 8, 2024, to review its Fiscal 2024 third quarter financial results. The call will begin at 10 a.m. Eastern Time, and the results will be released on August 7, 2024, after market close.

Atmos Energy, an S&P 500 company headquartered in Dallas, serves over 3 million customers across eight states, primarily in the South. The company focuses on delivering reliable, affordable natural gas and is committed to safety, innovation, and environmental sustainability.

For those interested in joining the call, details are provided for both toll-free and international dialing, as well as options to listen via the Internet.

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Atmos Energy (ATO) reported a strong second fiscal quarter for 2024 with earnings per diluted share of $4.93 and net income of $743.3 million. The company has raised its fiscal 2024 earnings guidance to $6.70 - $6.80 per diluted share, along with a quarterly dividend increase representing an 8.8% boost from fiscal 2023. With a focus on safety and reliability, Atmos Energy has maintained a strong financial position with significant liquidity and regulatory outcomes.

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FAQ

What is the current stock price of Atmos Energy Corporation (ATO)?

The current stock price of Atmos Energy Corporation (ATO) is $139.69 as of December 20, 2024.

What is the market cap of Atmos Energy Corporation (ATO)?

The market cap of Atmos Energy Corporation (ATO) is approximately 21.5B.

What is Atmos Energy Corporation?

Atmos Energy Corporation is one of the largest natural gas distributors in the U.S., serving over three million customers in eight states.

Where is Atmos Energy headquartered?

Atmos Energy is headquartered in Dallas, Texas.

What services does Atmos Energy provide?

Atmos Energy provides natural gas distribution, pipeline management, storage, and marketing and procurement services.

Which states does Atmos Energy serve?

Atmos Energy serves customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia.

How many customers does Atmos Energy have?

Atmos Energy serves over three million natural gas distribution customers.

What recent achievements has Atmos Energy accomplished?

Atmos Energy has invested in modernizing its infrastructure to enhance service delivery and reduce environmental impact.

What is unique about Atmos Energy's pipeline system?

Atmos Energy operates one of the largest intrastate natural gas pipeline systems in Texas, connecting key shale gas formations and storage facilities.

How does Atmos Energy ensure a reliable gas supply?

Atmos Energy focuses on expanding pipeline capacity and improving storage facilities to maintain a steady gas supply.

What is Atmos Energy's financial condition?

Atmos Energy is financially strong, with stable earnings and consistent dividend payouts as the largest publicly traded natural gas utility in the U.S.

How can I learn more about Atmos Energy?

You can visit Atmos Energy's official website at www.atmosenergy.com for more information.

Atmos Energy Corporation

NYSE:ATO

ATO Rankings

ATO Stock Data

21.52B
154.59M
0.31%
100.07%
3.13%
Utilities - Regulated Gas
Natural Gas Distribution
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United States of America
DALLAS