Atmos Energy Corp  (ATO)
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    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities

Atmos Energy Corp

Business Description

Atmos Energy Corp is a publicly traded natural gas utility company based in Dallas, Texas. The company serves over 3 million customers across 8 states in the United States, including Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. Founded in 1906, Atmos Energy has been supplying natural gas to residential, commercial, and industrial customers for over a century.

Atmos Energy operates a natural gas distribution system that spans over 85,000 miles, making it the largest regulated natural gas distribution company in the United States. The company also owns and operates several natural gas storage facilities that help to ensure a reliable supply of natural gas for its customers.

Atmos Energy is regulated by state and federal agencies, and its rates are subject to approval by state regulatory commissions. The company operates under a "cost of service" model, in which the rates it charges customers reflect the actual costs of supplying and delivering natural gas to their homes and businesses.

The company has a strong commitment to safety and reliability, and it invests heavily in the maintenance and modernization of its infrastructure. Atmos Energy has implemented several safety programs to ensure the safety of its employees and customers, including ongoing safety training, safety inspections, and emergency response plans.

Atmos Energy has also made significant investments in renewable natural gas (RNG) projects, which involves capturing and cleaning methane gas emitted by landfills, wastewater treatment plants, and agricultural operations, and injecting it into the natural gas pipeline system. These initiatives help to reduce greenhouse gas emissions and support the growth of a more sustainable energy system.

Overall, Atmos Energy Corp is a leading natural gas utility company that supplies a critical energy resource to millions of customers across the United States. Its focus on safety, reliability, and sustainability positions the company for continued success in an evolving energy landscape.

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