| Market Capitalization (Millions $) |
28,119 |
| Shares
Outstanding (Millions) |
168 |
| Employees |
5,487 |
| Revenues (TTM) (Millions $) |
4,881 |
| Net Income (TTM) (Millions $) |
1,346 |
| Cash Flow (TTM) (Millions $) |
-418 |
| Capital Exp. (TTM) (Millions $) |
3,867 |
Business Description
Company Profile: Atmos Energy Corporation
Overview:
Atmos Energy Corporation is a publicly traded natural gas utility company headquartered in Dallas, Texas. Established in 1906, Atmos has been a prominent provider of natural gas services for over a century, serving more than 3 million residential, commercial, and industrial customers across eight states, which include Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia.
Operations:
Atmos Energy operates one of the largest regulated natural gas distribution systems in the United States, extending over 85,000 miles. This extensive network ensures reliable delivery of natural gas to its customer base. In addition to distribution, Atmos owns and operates several natural gas storage facilities, providing a buffer and guarantee of supply during peak demand periods.
Regulatory Environment:
As a regulated utility, Atmos Energy’s operations are overseen by both state and federal agencies. The rates charged to customers are subject to approval by state regulatory commissions, and the company utilizes a cost of servicemodel. This model aligns the rates charged with the actual costs incurred in supplying and delivering natural gas, ensuring transparency and fairness for customers.
Commitment to Safety and Reliability:
Atmos Energy places a strong emphasis on safety and reliability. The company invests significantly in the maintenance, modernization, and improvement of its infrastructure. Key initiatives include comprehensive safety programs that encompass ongoing training for employees, rigorous safety inspections, and well-established emergency response plans to protect both employees and customers.
Sustainability Initiatives:
In alignment with growing environmental concerns, Atmos Energy has been proactive in pursuing renewable natural gas (RNG) projects. These initiatives focus on capturing and purifying methane gas emissions from landfills, wastewater treatment facilities, and agricultural operations, subsequently injecting this RNG into the natural gas pipeline system. These efforts aim to significantly reduce greenhouse gas emissions and contribute to a sustainable energy future.
Conclusion:
Atmos Energy Corporation stands out as a leading natural gas utility, providing essential energy services to millions of customers while prioritizing safety, reliability, and sustainability. Its strategic initiatives and commitment to modernization position the company for continued success in an evolving energy landscape.
Company Address: 1800 Three Lincoln Centre Dallas 75240 TX
Company Phone Number: 934-9227 Stock Exchange / Ticker: NYSE ATO
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95.68 %