Atmos Energy Corp.
Atmos Energy Reports Fiscal 2024 Results and Initiates Fiscal 2025 Guidance
Summary
Atmos Energy Corporation reported its financial results for the fourth quarter and full 2024 fiscal year, ending September 30, 2024. The company reported earnings per diluted share of $6.83 on net income of $1 billion, with capital expenditures totaling $2.9 billion, primarily focused on safety and reliability. Atmos Energy also provided fiscal 2025 guidance, expecting earnings per diluted share to be in the range of $7.05 - $7.25, with capital expenditure guidance of approximately $3.7 billion. Additionally, the company raised its quarterly dividend to $0.87 per common share, representing an 8.1% increase over fiscal 2024. An earnings conference call was scheduled for November 7, 2024.
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About Atmos Energy Corp.
Atmos Energy Corp. is a major regulated natural gas utility company in the United States. Its primary function is the distribution and sale of natural gas to residential, commercial, and industrial customers. Atmos Energy serves over three million customers in various states, prominently in Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Texas. The company plays a critical role in the energy sector by maintaining and upgrading infrastructure such as pipelines and storage systems to ensure reliable and safe delivery of natural gas. Atmos Energy is known for its focus on safety, operational excellence, and customer service. Additionally, it engages in the transmission, storage, and transportation of natural gas. In the broader market, Atmos Energy Corp. contributes significantly to energy supply stability and supports economic activities across multiple regions. Its regulated status offers stability and predictability, reinforcing its position as a key player in the utility sector.
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