Atmos Energy Corporation (ATO) Stock

About Atmos Energy Corporation

Atmos Energy Corporation, alongside its subsidiaries, is a U.S.-based enterprise primarily involved in the regulated distribution of natural gas, as well as operating pipeline and storage facilities. The company functions through two core divisions: Distribution, and Pipeline and Storage. The Distribution division manages the regulated delivery and associated sales of natural gas across eight states. This division supplies natural gas to approximately three million customers, encompassing homeowners, businesses, public agencies, and industrial clients. By September 30, 2021, its extensive infrastructure comprised 71,921 miles of subterranean distribution and transmission lines. Conversely, the Pipeline and Storage division focuses on pipeline and storage activities. It is responsible for transporting natural gas on behalf of other entities and oversees five underground storage facilities located in Texas. Additionally, it offers various support services to the pipeline sector, such as gas parking, lending, and inventory transactions. As of September 30, 2021, this division maintained a network of 5,699 miles of gas transmission lines. Established in 1906, Atmos Energy Corporation maintains its principal office in Dallas, Texas.

Atmos Energy Corporation is led by CEO John Kevin Akers, employs 5,260 people, headquartered in Dallas, US, publicly traded since 1983.

Atmos Energy Corporation (ATO) stock trades at $171.22 with a market capitalization of $28.58B. The stock is valued at a price-to-earnings (P/E) ratio of 24.86, price-to-book of 2.26, price-to-sales of 6.03. Over the past 52 weeks the stock has ranged between $149.98 and $192.51, and currently trades 11.1% below its 52-week high. It pays a dividend yielding 2.00%.

On profitability, Atmos Energy Corporation generates a return on equity (ROE) of 8.84%, return on capital employed of 11.51%, an operating margin of 33.17%, a net profit margin of 27.58%.

In its most recent fiscal year, Atmos Energy Corporation reported annual revenue of $4.7B, net profit of $1.2B, revenue has compounded at 10.8% a year over the last five years, profit at 14.8% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.65, a current ratio of 0.67, total assets of $28.9B, $204.0M in cash and equivalents.

ATO has an average daily trading volume of 1,380,000 shares, a beta of 0.60 (less volatile than the overall market).

Official website: www.atmosenergy.com