Description

Atmos Energy’s $985 Million First-Half Surge: Can Rate Filings Keep The Momentum?

Atmos Energy Corporation reported net income of $985 million or $5.92 per diluted share for the first six months of fiscal 2026, representing a 12.5% increase over the prior year period. The company updated its fiscal 2026 earnings per share guidance range to $8.40 to $8.50, reflecting improved visibility into regulatory impacts and operational performance. Capital expenditures for the first half of the year totaled $2 billion, with approximately 89% allocated toward enhancing safety and reliability across distribution, transmission, and underground storage systems. Customer growth remained steady, adding over 51,000 new customers across service territories in the past 12 months, with more than 39,000 additions in Texas alone. Industrial and commercial customer additions also contributed positively. Investments in pipeline infrastructure included completion of Phase 2 of the Line WA project near Fort Worth and five interconnect projects that increased supply capacity by nearly 100,000 Mcf per day.