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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 Corporation (NYSE: ATO) reported consolidated results for the third fiscal quarter ending June 30, 2022. Earnings per diluted share stood at $0.92 for the quarter and $5.12 for the nine months. Net income was $128.5 million for the quarter and $702.8 million year-to-date. Capital expenditures reached $1.7 billion, focusing on system safety and reliability investments. The company anticipates earnings per diluted share between $5.50 to $5.60 for fiscal 2022, with a declared dividend of $0.68 per share, marking an 8.8% increase from the previous year.

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Atmos Energy Corporation (NYSE: ATO) has declared a quarterly dividend of 68.0 cents per share, marking its 155th consecutive quarterly dividend. The annual dividend stands at $2.72. This dividend will be paid on September 6, 2022, to shareholders recorded on August 22, 2022. As the largest natural gas-only distributor in the U.S., Atmos Energy continues to modernize its infrastructure while focusing on safety, innovation, and environmental sustainability.

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Atmos Energy Corporation (NYSE: ATO) will host a conference call on August 4, 2022, at 10:00 a.m. Eastern to discuss its Fiscal 2022 third quarter financial results, which will be released the previous day after market close. Investors can listen via a toll-free number or the Atmos Energy website at www.atmosenergy.com. Atmos Energy, based in Dallas, is the largest natural gas-only distributor in the U.S., serving over 3 million customers across eight states.

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Atmos Energy Corporation (NYSE: ATO) has elected John C. Ale to its board of directors, effective June 1, 2022. This decision expands the board to 11 members. Ale brings over 30 years of experience in the energy sector, having served as Senior VP, General Counsel, and Corporate Secretary at Southwestern Energy Company. His prior roles include General Counsel at Occidental Petroleum. His expertise in environmental, social, and governance issues, along with cybersecurity, is expected to add value to Atmos Energy's leadership.

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Atmos Energy recently installed a natural gas-powered fuel cell at its corporate data center to generate efficient, grid-independent electricity with low emissions. This 460-kilowatt fuel cell operates at up to 90% efficiency and significantly lowers carbon emissions. The company aims to power the fuel cell with renewable natural gas to enhance sustainability. With 3.4 million customers across eight states, Atmos Energy emphasizes the critical role of natural gas in achieving a low carbon energy future.

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Atmos Energy Corporation (NYSE: ATO) reported consolidated earnings of $4.24 per diluted share for the six months ending March 31, 2022, and $2.37 for the second fiscal quarter. The net income reached $574.2 million for the six months, with capital expenditures totaling $1.19 billion, primarily for system safety. The outlook for earnings per diluted share for fiscal 2022 is projected at $5.50 to $5.60. Additionally, a quarterly dividend of $0.68 per share was declared, representing an 8.8% increase over fiscal 2021.

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Atmos Energy Corporation (NYSE: ATO) has declared a quarterly dividend of 68.0 cents per share, totaling an annual dividend of $2.72. This dividend is set to be paid on June 6, 2022, to shareholders recorded by May 23, 2022. This marks the company's 154th consecutive quarterly dividend, reflecting its commitment to returning value to shareholders.

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Atmos Energy Corporation (NYSE: ATO) will host a conference call on May 5, 2022, at 10:00 a.m. Eastern to discuss its Fiscal 2022 Q2 financial results. Results will be released on May 4, 2022, after market close. Investors can listen to the call via phone or on the Atmos Energy website. As the largest natural gas-only distributor in the U.S., Atmos serves over 3 million customers across eight states, emphasizing safety and innovation in its operations.

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Atmos Energy Corporation (NYSE: ATO) reported consolidated earnings of $1.86 per diluted share for Q1 fiscal 2022, with net income totaling $249.2 million. Capital expenditures reached $684.2 million, mainly focused on safety and reliability. The firm anticipates FY2022 earnings in the range of $5.40 to $5.60, with capital spending projected at $2.4 billion to $2.5 billion. The Board declared a quarterly dividend of $0.68, an 8.8% increase year-over-year. Operating income saw a decrease to $275.9 million due to refunds of deferred taxes.

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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
Link
United States of America
DALLAS