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Texas Continues To Drive Growth Supported by Constructive Regulation
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 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
Trading Information
- Previous Close Price
- $174.72
- Day Range
- $174.56–176.60
- 52-Week Range
- $152.80–192.51
- Bid/Ask
- $175.69 / $176.54
- Shares Outstanding
- 166.92M
- Market Cap
- $29.41B
- Volume/Avg
- 527,259 / 1M
Key Statistics
- Price/Earnings (Normalized)
- 21.90
- Price/Sales
- 5.97
- Dividend Yield (Trailing)
- 2.20%
- Dividend Yield (Forward)
- 2.27%
- Total Yield
- 2.20%
Company Profile
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3.3 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
- 5,487
- Website
- https://www.atmosenergy.com
Competitors
Valuation
|
Metric
|
ATO
|
NJR
|
NI
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.90 | 16.00 | 23.98 |
Price/Book Value | 1.99 | 2.19 | 2.36 |
Price/Sales | 5.97 | 2.67 | 3.32 |
Price/Cash Flow | 12.32 | 9.62 | 9.17 |
Price/Earnings
ATO
NJR
NI
Financial Strength
|
Metric
|
ATO
|
NJR
|
NI
|
|---|---|---|---|
Quick Ratio | 0.61 | 0.62 | 0.37 |
Current Ratio | 1.00 | 0.94 | 0.65 |
Interest Coverage | 11.94 | 4.25 | 2.68 |
Quick Ratio
ATO
NJR
NI
Profitability
|
Metric
|
ATO
|
NJR
|
NI
|
|---|---|---|---|
Return on Assets (Normalized) | 4.49% | 4.49% | 2.91% |
Return on Equity (Normalized) | 9.28% | 13.75% | 11.02% |
Return on Invested Capital (Normalized) | 5.99% | 7.19% | 5.93% |
Return on Assets
ATO
NJR
NI
Utilities - Regulated Gas Industry Comparables
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United States