Company Overview
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 three million residential, commercial, public authority, and industrial customers. As of September 30, 2021, it owned 71,921 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 reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. As of September 30, 2021, it owned 5,699 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.
Company Information
- CEO
- John Kevin Akers
- Sector
- Utilities
- Industry
- Regulated Gas
- Employees
- 5260
Contact Information
- Website
- https://www.atmosenergy.com
- Address
- 1800 Three Lincoln Centre
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Utilities leader with 26.60B market capitalization
- Trading Volume: 965.68K shares traded today
- Price Range: 52-week range of $127.43 - $167.45
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Atmos Energy Corporation
Atmos Energy Corporation (ATO) operates in the Regulated Gas industry within the Utilities sector. With a current market capitalization of 26.60B, the company represents a significant player in its market. The stock is currently trading at $165.72 with a positivedaily change of 0.41%.
The company's 5260 employee base and presence on the New York Stock Exchangeexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 22.92, beta of 0.68, and 52-week price range from $127.43 to $167.45when evaluating investment opportunities.
Why Invest in Atmos Energy Corporation?
Strengths
- • Established market presence in Utilities
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under John Kevin Akers
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Utilities Sector
The Utilities sector includes companies that provide essential services like electricity, gas, water, and waste management to consumers and businesses.