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Atmos' Constructive Regulation and Strong Execution Support Growth
Favorable regulation and large infrastructure investments have driven strong earnings growth and steady dividend increases for Atmos Energy.
Atmos Energy Corp ATO
Bulls Say, Bears Say
Bulls
Constructive regulation allows Atmos to adjust customer rates within six months for about 90% of capital investments. This reduces regulatory lag and, combined with customer growth, allows Atmos to earn returns at or above allowed returns.
Bears
Dividend-paying stocks like Atmos are sensitive to interest rates. As interest rates go up, dividend-paying stocks often underperform the broader market.
News
-
Atmos Energy Corporation Names Edward Geiser to Board of Directors
-
Atmos Energy Corporation Names Telisa Toliver to Board of Directors
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Atmos Energy Corporation Reports Earnings for Fiscal 2024 Third Quarter; Reaffirms Fiscal 2024 Guidance
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Atmos Energy Declares Regular Quarterly Dividend
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Atmos Energy Corporation to Host Fiscal 2024 Third Quarter Earnings Conference Call on August 8, 2024
Trading Information
- Previous Close Price
- $138.98
- Day Range
- $137.53–139.32
- 52-Week Range
- $101.00–139.63
- Bid/Ask
- $112.89 / $144.37
- Market Cap
- $21.60 Bil
- Volume/Avg
- 620,427 / 843,017
Key Statistics
- Price/Earnings (Normalized)
- 20.43
- Price/Sales
- 5.12
- Dividend Yield (Trailing)
- 2.31%
- Dividend Yield (Forward)
- 2.31%
- Total Yield
- 2.31%
Company Profile
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Stock Style Box
- Mid Core
- Total Number of Employees
- 5,019
- Website
- https://www.atmosenergy.com
Competitors
Valuation
|
Metric
|
ATO
|
NJR
|
NI
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.43 | 19.61 | 22.22 |
Price/Book Value | 1.77 | 2.14 | 1.98 |
Price/Sales | 5.12 | 2.64 | 2.97 |
Price/Cash Flow | 11.61 | 10.57 | 8.36 |
Price/Earnings
ATO
NJR
NI
Financial Strength
|
Metric
|
ATO
|
NJR
|
NI
|
|---|---|---|---|
Quick Ratio | 1.08 | 0.18 | 0.29 |
Current Ratio | 1.73 | 0.60 | 0.78 |
Interest Coverage | 7.69 | 3.28 | 2.74 |
Quick Ratio
ATO
NJR
NI
Profitability
|
Metric
|
ATO
|
NJR
|
NI
|
|---|---|---|---|
Return on Assets (Normalized) | 4.16% | 3.51% | 2.64% |
Return on Equity (Normalized) | 8.61% | 11.17% | 10.75% |
Return on Invested Capital (Normalized) | 6.01% | 6.19% | 5.43% |
Return on Assets
ATO
NJR
NI
Utilities - Regulated Gas Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Naturgy Energy Group SA ADR
GASNY
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| GAIL (India) Ltd DR
GAILF
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| Snam SpA
SNMRF
| — | Pvgcrkf | $16.9 Bil | |||
| Snam SpA ADR
SNMRY
| — | Swxwml | $16.9 Bil | |||
| Hong Kong and China Gas Co Ltd ADR
HOKCY
| — | Hmzlbt | $15.7 Bil | |||
| NiSource Inc
NI
| Vbgvpncz | Cjvnct | $15.6 Bil | |||
| China Resources Gas Group Ltd
CRGGF
| — | Kpxhfnp | $9.6 Bil | |||
| New Jersey Resources Corp
NJR
| Wbswjqhs | Pddjqp | $4.6 Bil | |||
| New Fortress Energy Inc Class A
NFE
| Thpmnvbx | Wwdl | $2.2 Bil |
United States