Atmos Energy Corporation (NYSE:ATO) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Dan Meziere - Vice President, Investor Relations and Treasurer Kevin Akers - President and Chief Executive Officer Chris Forsythe - Senior Vice President and Chief Financial Officer Conference Call Participants Nicholas Campanella - Credit Suisse Insoo Kim - Goldman Sachs Julien Dumoulin-Smith - Bank of America Operator Greetings and welcome to the Atmos Energy Second Quarter Earnings Conference ...

Tax Rates and Deferred Tax Liabilities - The effective tax rates for the three months ended December 31, 2021 and 2020 were 5.9% and 23.1%, respectively, primarily due to the amortization of excess deferred federal income tax liabilities and other tax adjustments[61] - The regulatory excess net deferred tax liability of $619.0 million is being returned to customers, with $497.9 million over 35-60 months, $106.0 million provisionally over 15-69 years, and $15.1 million to be addressed in future rate proceedings[62] Hedging and Commodity Contracts - For the 2021-2022 heating season, the company hedged approximately 42% (23.9 Bcf) of winter flowing gas requirements using financial instruments[64] - As of December 31, 2021, the company had 12,982 MMcf of net long commodity contracts outstanding, which were not designated as hedges[66] Fair Value of Financial Instruments - The fair value of financial instruments as of December 31, 2021 was $141.552 million in assets and $21.634 million in liabilities[68] - The total fair value of assets and liabilities as of December 31, 2021 was $248.313 million and $21.634 million, respectively[79] - The total fair value of debt and equity securities as of December 31, 2021 was $106.761 million[79] Interest Rate Agreements - The net loss on settled interest rate agreements reclassified from AOCI into interest charges was $1.0 million for the three months ended December 31, 2021[70] - The increase (decrease) in fair value of interest rate agreements was $(46.622) million for the three months ended December 31, 2021[72] - The company had $61.0 million of net realized losses in AOCI associated with interest rate agreements as of December 31, 2021[72] Long-Term Debt and Fair Value - The carrying value of long-term debt as of December 31, 2021, was $7.960 billion, with a fair value of $8.654 billion[84] - The fair value of long-term debt as of September 30, 2021, was $8.086 billion, compared to a carrying value of $7.360 billion[84] Investments and Securities - Registered investment companies held $35.175 million, bond mutual funds held $34.298 million, and bonds held $35.655 million as of September 30, 2021[81] - The company's available-for-sale debt securities had an amortized cost of $35.8 million as of December 31, 2021, and $35.6 million as of September 30, 2021[81] - No allowance for credit losses was recorded for available-for-sale debt securities as of December 31, 2021[81] - The company maintained investments in bonds with contractual maturity dates ranging from January 2022 through November 2024[81] Financial Statements and Market Risk - The condensed consolidated interim financial statements for the three months ended December 31, 2021, were reviewed and found to be in conformity with U.S. generally accepted accounting principles[87] - No material changes in the company's quantitative and qualitative disclosures about market risk were reported during the three months ended December 31, 2021[144] Credit Risk - No material changes in the company's concentration of credit risk were reported during the three months ended December 31, 2021[85]

Atmos Energy Corporation (NYSE:ATO) Q4 2021 Earnings Conference Call November 11, 2021 10:00 AM ET Company Participants Kevin Akers – President and Chief Executive Officer Dan Meziere – Vice President of Investor Relations and Treasurer Chris Forsythe – Senior Vice President and Chief Financial Officer Conference Call Participants Kody Clark – Bank of America Richard Sunderland – JP Morgan Insoo Kim – Goldman Sachs Stephen Byrd – Morgan Stanley Ryan Levine – Citi Operator Greetings, and welcome to the Atmos ...

Atmos Energy Corporation (NYSE:ATO) Q3 2021 Earnings Conference Call August 5, 2021 10:00 AM ET Company Participants Dan Meziere - VP of IR and Treasurer Kevin Akers - President and CEO Chris Forsythe - SVP and CFO Conference Call Participants Insoo Kim - Goldman Sachs Ryan Levine - Citi Operator Greetings, and welcome to the ATO Third Quarter 2021 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instruction ...