Profile
Sector:
UtilitiesIndustry:
GasCountry:
United StatesIPO:
28 December 1983Website:
http://www.atmosenergy.comNext earnings report:
06 February 2025Last dividends:
26 August 2024Next dividends:
25 November 2024Price
pre-market | 24 min agoAnalysts recommendations
Institutional Ownership
ATO Latest News
ATO presents a compelling argument for investment due to its potential for growth, effective debt management, strong liquidity, and capacity to enhance shareholder value.
Since 2006, Atmos Energy has assisted in delivering over 2 million meals to people in North Texas who are struggling with hunger. They have made a significant impact in the community by addressing food insecurity. Their efforts have been ongoing for many years.
The transcript of Atmos Energy Corporation's (ATO) earnings call for the fourth quarter of 2024 is available.
DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) has announced its consolidated results for the fourth quarter and the year ending September 30, 2024. For more details, please refer to our earnings slides available at www.atmosenergy.com. Highlights for the fiscal year include earnings of $6.83 per diluted share, a net income of $1 billion, and capital expenditures of $2.9 billion, with about 83% dedicated to safety and reliability.
DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) announced that its Board of Directors has raised the quarterly dividend on its common stock to 87.0 cents per share. The annual dividend for Fiscal 2024 was $3.22, while the projected annual dividend for Fiscal 2025 is $3.48. This dividend will be distributed on December 9, 2024, to shareholders who are on record by November 25, 2024, marking the company's 164th consecutive quarterly dividend.
ATO's earnings for the fourth quarter of fiscal 2024 are likely to show positive results due to smart investments and an increase in customers.
In addition to looking at analysts' estimates for Atmos (ATO) regarding revenue and profits, it's important to assess predictions for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in September 2024.
Even though the gas distribution industry may not perform well in the short term, companies like ATO, UGI, MDU, and NJR are worth considering. They are making consistent investments to improve their operations and have increasing earnings forecasts.
Since I recommended buying in June, Atmos Energy has almost tripled the returns of the S&P 500 index. The natural gas utility still has a strong growth potential. Additionally, Atmos Energy has an A-rated balance sheet from S&P.
These five utility stocks, which have low beta and pay dividends, are expected to perform well for the remainder of 2024. The stocks are EVRG, XEL, WEC, AWK, and ATO.
What type of business is Atmos Energy?
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers; and owned 73,689 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,645 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.
What sector is Atmos Energy in?
Atmos Energy is in the Utilities sector
What industry is Atmos Energy in?
Atmos Energy is in the Gas industry
What country is Atmos Energy from?
Atmos Energy is headquartered in United States
When did Atmos Energy go public?
Atmos Energy initial public offering (IPO) was on 28 December 1983
What is Atmos Energy website?
https://www.atmosenergy.com
Is Atmos Energy in the S&P 500?
Yes, Atmos Energy is included in the S&P 500 index
Is Atmos Energy in the NASDAQ 100?
No, Atmos Energy is not included in the NASDAQ 100 index
Is Atmos Energy in the Dow Jones?
No, Atmos Energy is not included in the Dow Jones index
When was Atmos Energy the previous earnings report?
No data
When does Atmos Energy earnings report?
The next expected earnings date for Atmos Energy is 06 February 2025