Atmos Energy Corp

ATO

Equity

ISIN US0495601058 / Valor 909696

New York Stock Exchange, Inc (2024-12-24)

USD 140.06+0.62%

Atmos Energy Corp
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About company

Atmos Energy Corp is a natural gas distribution company with a history dating back to 1906 in the Panhandle of Texas. Through a series of mergers and business combinations, the company evolved into Pioneer Corporation, a diversified West Texas energy company. Today, Atmos Energy Corp focuses on providing natural gas distribution services to residential, commercial, and industrial customers across the United States.

Summarized from source with an LLMView SourceSector: Energy

Net Income and Earnings

Atmos Energy Corp reported a net income of $1 billion for the fourth fiscal quarter of 2024, with earnings per diluted share reaching $6.83. This performance highlights the company's strong financial standing as it continues to focus on safety and reliability in its operations.

Capital Expenditures

During the fourth quarter of 2024, Atmos Energy Corp invested $2.9 billion in capital expenditures, with approximately 83% of this amount dedicated to enhancing safety and reliability. This significant investment underscores the company's commitment to modernizing its infrastructure and ensuring the safe delivery of natural gas.

Equity Capitalization and Liquidity

Atmos Energy Corp maintained a robust financial profile in the fourth quarter of 2024, with 61% equity capitalization and $4.8 billion in available liquidity. This strong financial position provides the company with the flexibility to continue its strategic investments and operations.

Regulatory Outcomes

In the fourth quarter of 2024, Atmos Energy Corp implemented $376.3 million in annualized regulatory outcomes. These outcomes are part of the company's ongoing efforts to align with regulatory requirements and ensure the efficient operation of its natural gas distribution systems.

Fiscal 2025 Outlook and Dividends

Looking ahead to fiscal 2025, Atmos Energy Corp expects earnings per diluted share to be in the range of $7.05 to $7.25. The company has also announced a quarterly dividend of $0.87 per common share, with an indicated annual dividend of $3.48, representing an 8.1% increase over fiscal 2024. This outlook reflects the company's confidence in its continued growth and financial performance.

Summarized from source with an LLMView Source

Key figures

21.9%1Y

36.3%3Y

26.7%5Y

Performance

14.8%1Y

19.3%3Y

25.4%5Y

Volatility