Atmos Energy Corporation


SKU: ATO Category:


Atmos Energy Corporation: Initiation of Coverage – Sustained Growth Through Strategic Investments and Regulatory Support!


Atmos Energy Corporation has provided an update on their fiscal 2024 second quarter results in their latest earnings call. The company reported a year-to-date net income of $743 million and has revised their fiscal 2024 earnings per share guidance to a range of $6.70 to $6.80, indicating a sound financial performance. The company attributes their performance to the commitment and hard work of its employees in modernizing their natural gas distribution, transmission and storage systems, and providing reliable service to their 3.4 million customers. Their customer base has demonstrated robust growth, primarily driven by favorable employment trends in Texas and a buoyant housing market in the North Texas area. During the 12 months ending March 31, 2024, the company added 56,000 new customers, with a majority of these new customers based in Texas.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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