Atmos Energy (ATO)
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Combined General Meeting of January 31, 2025 - Access to information
GlobeNewswire· 2025-01-10 17:00
Combined General Meeting of January 31, 2025 Access to information Paris, France, January 10, 2025. Atos SE shareholders are invited to attend the Combined General Meeting of the Company to be held on Friday, January 31, 2025 at 10 a.m. (Paris time) at the Company’s registered office (River Ouest, in the auditorium, 80 quai Voltaire, 95870 Bezons). Please note that the General Meeting will also be broadcast live on video on the Company’s website (https://atos.net/en/investors/annual-general-meeting), and th ...
3 Gas Distribution Stocks to Watch From a Flourishing Industry
ZACKS· 2025-01-09 16:26
Industry Overview - The natural gas distribution industry plays a crucial role in transporting natural gas from production regions to millions of consumers across the United States, utilizing a vast network of underground pipelines [1] - The shale revolution has significantly increased natural gas production, with the US having 3,353 trillion cubic feet of natural gas and a pipeline network of 2.6 million miles [3] - The clean-burning nature of natural gas has steadily boosted demand from all customer groups, with 187 million Americans currently using natural gas [6] Key Drivers and Opportunities - The US Federal Reserve's decision to lower the benchmark interest rate by 100 basis points to 4.25-4.5% is a positive development for capital-intensive utility operators planning large infrastructure investments [4] - Domestic dry natural gas production is expected to increase in 2025, driven by higher production volumes in the Permian and Eagle Ford regions, with LNG export volumes projected to grow by 16.7% year-over-year [5] - Five new LNG export terminals under development in the US are expected to increase combined export capacity by 9.7 Bcf/d by 2025, with LNG export capacity potentially more than doubling from 11.4 Bcf/d in 2023 to 24.4 Bcf/d in 2028 [6] - Natural gas utilities are investing $33 billion annually to enhance the reliability of distribution and transmission systems, indicating strong long-term growth potential [6] Industry Performance and Valuation - The Zacks Utility Gas Distribution industry, comprising 13 stocks, currently holds a Zacks Industry Rank of 91, placing it in the top 36% of Zacks industries [7][8] - The industry has outperformed the Utility sector with an 18.9% gain over the past year, though it lags behind the S&P 500's 26.5% growth [10] - The industry is trading at a trailing 12-month EV/EBITDA of 11.17X, below the S&P 500's 18.46X and the sector's 14.89X, indicating a potential valuation discount [12] Key Companies - Atmos Energy (ATO) has invested $2.94 billion in fiscal 2024 and plans to invest $3.7 billion in fiscal 2025 to strengthen infrastructure and serve more customers, with a current dividend yield of 2.55% [15][16] - New Jersey Resources (NJR) expects capital expenditures of $495-$675 million for fiscal 2025 and offers a current dividend yield of 3.94% [19][20] - MDU Resources plans $2.7 billion in capital investments from 2024-2028 to strengthen its gas distribution operations, with a current dividend yield of 2.89% [22][23]
5 Low-Beta Stocks With Upside to Buy Amid Ongoing Market Volatility
ZACKS· 2025-01-09 15:20
Wall Street had a shaky start to 2025 after indexes retreated from their earlier highs in the final weeks of December. Concerns over a rise in inflation have raised fears of fewer rate cuts by the Federal Reserve this year.Higher interest rates have already been taking a toll on consumer spending and impacting various sectors as higher borrowing costs continue to impact demand for goods and services.Given the ongoing market volatility, it would be wise to invest in stocks from defensive spaces like utilitie ...
Will Atmos (ATO) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-06 18:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Atmos Energy (ATO) . This company, which is in the Zacks Utility - Gas Distribution industry, shows potential for another earnings beat.This natural gas utility has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.62%.For ...
Reasons to Add Atmos Energy Stock to Your Portfolio Now
ZACKS· 2025-01-06 14:56
Atmos Energy Corporation’s (ATO) long-term investment plans should further increase the safety and reliability of its natural gas pipelines along with the company’s distribution and transportation systems.Solid contributions from residential customers help boost the company’s top line. Given its growth opportunities, ATO makes for a solid investment option in the utility sector.Let us focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.ATO Stock’s Growth Pr ...
Atos confirms not being compromised by the ransomware group Space Bears
GlobeNewswire· 2025-01-03 07:00
Press Release Atos confirms not being compromised by the ransomware group Space Bears Paris, France – January 3, 2025 – Atos Group today announces that the allegations made by the ransomware group Space Bears of compromising the Atos organization are unfounded. No infrastructure managed by Atos was breached, no source code accessed, and no Atos IP or Atos proprietary data exposed. On December 28, 2024, the ransomware group claimed to have compromised an Atos database. Atos understands that external third ...
2 Gas Distribution Stocks to Add to Your Portfolio as 2024 Wraps Up
ZACKS· 2024-12-24 15:31
Domestic-focused natural gas distribution companies in the Zacks Utilities sector are consistent performers and regularly reward their investors with dividends. Natural gas distribution companies offer services to transport natural gas from the region of production to millions of consumers across the United States.This natural gas distribution industry plays a vital role in delivering natural gas from intrastate and interstate transmission pipelines to consumers through small-diameter pipelines. The United ...
Atos SE announces the appointment of FORVIS MAZARS as joint statutory auditor to certify the financial statements for the fiscal year ending December 31, 2024
GlobeNewswire· 2024-12-24 07:30
Press Release Atos SE announces the appointment of FORVIS MAZARS as joint statutory auditor to certify the financial statements for the fiscal year ending December 31, 2024 Paris, France – 24 December 2024 – Atos SE (Euronext Paris : ATO) (the “Company” or “Atos”) announces the appointment, by interim order (ordonnance de référé) of the President of the Pontoise Commercial Court on December 19, 2024, of FORVIS MAZARS, selected following a call for tenders, as the Company's new joint statutory auditor, to ce ...
Convening of the Annual General Meeting to approve the 2023 financial statements to be held on January 31, 2025 and evolution of the Atos Board of Directors
GlobeNewswire· 2024-12-19 06:01
Communiqué de presse Convening of the Annual General Meeting to approve the 2023 financial statements to be held on January 31, 2025 and evolution of the Atos Board of Directors Paris, France, December 19, 2024 Convening of Annual General Meeting The meeting notice (avis de réunion) for the General Meeting scheduled for January 31, 2025, containing the agenda, the draft resolutions, and the participation and voting procedures for this Meeting, will be published in the Official Legal Gazette (Bulletin des An ...
Atos opens a new chapter with the successful closing of its financial restructuring
GlobeNewswire· 2024-12-19 06:00
Press release Atos opens a new chapter with the successful closing of its financial restructuring All transactions of Atos’ accelerated safeguard plan have now been implemented, resulting in: A more sustainable capital structure with €2.1 billion gross debt reductionAdditional liquidity thanks to €1.6 billion new money debt and c. €145 million resulting from the rights issue and the additional reserved capital increase With no debt maturities before the end of 2029, Atos now has the resources and flexibilit ...