Group 1 - The company focuses on timely dividend-paying stocks to assist investors in wealth accumulation [1] - The author has extensive experience as a Registered Investment Advisor and has published multiple investment-related books [1] - The company aims to provide a steady pace of financial growth for its clients through various investment strategies [1] Group 2 - The author has a background in corporate management, having worked at Georgia-Pacific Corp for 15 years before starting their own ventures [1] - The company has a history of involvement in small business advisory roles, including an appointment by President Ronald Reagan [1] - The investment newsletter emphasizes the importance of personal investment planning and stock market analysis [1]

Financial Data and Key Metrics Changes - For the fiscal year to date, the company reported a net income of $837 million, or $5.26 per diluted share, reflecting a 6.7% increase over the prior year period [4][10] - Operating income increased to $1.1 billion, representing a 14.6% increase for the first six months of the fiscal year [10] - The fiscal year 2025 earnings per share guidance was updated to a range of $7.2 to $7.3, up from the previous range of $7.05 to $7.25 [4][17] Business Line Data and Key Metrics Changes - Rate increases in both operating segments totaled $185 million, contributing to operating income growth [11] - Revenues in the Pipeline and Storage segment increased by $11.4 million, driven by a 10% increase in volumes transported [11] - The company added nearly 59,000 new customers year to date, with approximately 46,000 of those in Texas [5] Market Data and Key Metrics Changes - Texas added jobs at a faster rate than the national average, with nearly 192,000 jobs added over the last twelve months, representing a 1.4% annual growth rate [5] - Industrial demand for natural gas remained strong, with the addition of nine new industrial customers during the second quarter [6] Company Strategy and Development Direction - The company is focused on modernizing its natural gas distribution, transmission, and storage systems while providing reliable service to 3.4 million customers across eight states [4] - Ongoing projects include the installation of new pipelines to support growth in the DFW Metroplex, enhancing safety, reliability, and supply diversification [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's performance, citing robust growth driven by favorable employment trends in Texas [4] - The company anticipates that the remaining contribution to fiscal year 2025 earnings per share will be recognized somewhat evenly by quarter in the back half of the fiscal year [17][18] Other Important Information - The company has extended its credit facilities totaling $3.1 billion and had $5.3 billion in available liquidity at quarter end [17] - The company is actively monitoring legislative developments across its operating states, which could impact its business [47][48] Q&A Session Summary Question: Is the higher guidance for 2025 a fair base to think about growth going forward? - Management indicated that they will assess market conditions before finalizing fiscal year 2026 plans, acknowledging current market volatility [26] Question: How are you thinking about the higher O&M this year and any efforts to derisk 2026? - Management noted that some of the higher O&M for 2025 could be a pull forward from 2026, emphasizing proactive maintenance and compliance efforts [27][28] Question: Can you update us on the equity financing for the rest of the year? - Management confirmed that their financing strategy remains balanced, utilizing a combination of equity and long-term debt, with equity needs anticipated for fiscal years 2025 and 2026 [37] Question: Can you discuss any quantifiable backlog of projects? - Management clarified that while there is no backlog per se, they are focused on high-priority projects and scheduled work based on reliability and safety [40][42] Question: What key bills are being monitored that could benefit your business? - Management is monitoring various legislative sessions and bills but refrained from making predictions until final decisions are made [47][48] Question: Should the new EPS guidance midpoint be used as the new EPS base for calculating the five-year CAGR? - Management indicated that using the new EPS guidance midpoint as a base for calculations is a safe assumption [49][50] Question: What are the underlying growth assumptions for APT expansion projects? - Management explained that growth assumptions are based on city models and anticipated demand, with ongoing reviews to adjust plans as necessary [69][71]

Financial Data and Key Metrics Changes - For the fiscal year to date, the company reported a net income of $837 million, or $5.26 per diluted share, reflecting a 6.7% increase over the prior year period [2][9] - Operating income increased to $1.1 billion, representing a 14.6% increase for the first six months of the fiscal year [9] - The fiscal year 2025 earnings per share guidance was updated to a range of $7.2 to $7.3, up from a previous range of $7.05 to $7.25 [15][16] Business Line Data and Key Metrics Changes - Rate increases in both operating segments totaled $185 million, contributing to the operating income growth [10] - Revenues in the Pipeline and Storage segment increased by $11.4 million, reflecting a 10% increase in volumes transported across the system [10] - The company added nearly 59,000 new customers year to date, with approximately 46,000 of those in Texas [4] Market Data and Key Metrics Changes - Texas added jobs at a faster rate than the nation, with nearly 192,000 jobs added over the last twelve months, representing a 1.4% annual growth rate [4] - Industrial demand for natural gas remained strong, with nine new industrial customers added during the second quarter, expected to have an annual load of approximately 8 Bcf [5] Company Strategy and Development Direction - The company is focused on modernizing its natural gas distribution, transmission, and storage systems while safely providing reliable service to 3.4 million customers across eight states [3] - Ongoing projects include the installation of approximately 44 miles of pipe to support growth in the DFW Metroplex, expected to be completed by the end of the calendar year [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the fiscal year 2025 performance, attributing it to the strength of APT's three-system business and favorable market conditions [16] - The company anticipates O&M expenses to be in the range of $860 million to $880 million, with a significant portion of the year-over-year increase already recognized [17] Other Important Information - The company has extended its credit facilities totaling $3.1 billion and had $5.3 billion in available liquidity at quarter end [15] - The company is monitoring legislative developments across its operating states, with potential implications for its business [44] Q&A Session Summary Question: Is the higher guidance for 2025 a fair base to think about growth going forward? - Management indicated that they will assess market conditions before releasing fiscal year 2026 guidance, acknowledging current market volatility [22][23] Question: How are you thinking about the higher O&M this year and any efforts to derisk 2026? - Management noted that some of the higher O&M for 2025 may be a pull forward from 2026, emphasizing proactive maintenance and compliance efforts [24][25] Question: Can you update us on the equity financing for the rest of the year? - Management confirmed that their financing strategy remains balanced, utilizing a combination of equity and long-term debt, with equity needs anticipated for fiscal years 2025 and 2026 [34] Question: What are some of the key bills you are monitoring legislatively? - Management is monitoring various bills across their eight states but refrained from making predictions until the legislative process is complete [44][45] Question: What are the underlying growth assumptions for APT expansion projects? - Management explained that growth assumptions are based on population increases and anticipated capacity requirements, with ongoing reviews to adjust plans as necessary [65][66]

Atmos Energy (ATO) posted second-quarter fiscal 2025 earnings of $3.03 per share, which surpassed the Zacks Consensus Estimate of $2.92 by 3.8%. The bottom line also improved 6.3% from the year-ago quarter’s $2.85. (See the Zacks Earnings Calendar to stay ahead of market-making news.)ATO’s RevenuesTotal revenues of $1.95 billion beat the Zacks Consensus Estimate of $1.9 billion by 2.7%. The top line also increased 18.1% from the year-ago quarter’s reported number of $1.65 billion. ATO’s Segmental RevenuesDi ...

Analyst Call to Review Fiscal 2025 Second Quarter Financial Results May 8, 2025 10:00 a.m. Eastern • 8.1% increase in fiscal 2025 indicated annual dividend to $3.48 per diluted share Q2 Fiscal 2025 Financial Performance Fiscal 2025 Highlights • Financial Performance • Executed Our Regulatory Strategy • Strong Balance Sheet 1. 3.90% effective rate after giving effect to the offering costs and settlement of our interest rate swaps. As of May 7, 2025 Fiscal Q2 2025 Review As of May 7, 2025 Page 2 Page 3 • YTD ...

Analyst's Disclosure: I/we have a beneficial long position in the shares of ATO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Shares of Atmos Energy (NYSE: ATO ) have been an excellent performer over the past year, gaining 35%. I view ATO as one of the safest, highest- ...

For the quarter ended March 2025, Atmos Energy (ATO) reported revenue of $1.95 billion, up 18.4% over the same period last year. EPS came in at $3.03, compared to $2.85 in the year-ago quarter. Here is how Atmos performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: View all Key Company Metrics for Atmos here>>> Shares of Atmos have returned +10.3% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently ...

While Atmos has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Atmos Energy (ATO) came out with quarterly earnings of $3.03 per share, beating the Zacks Consensus Estimate of $2.92 per share. This compares to earnings of $2.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.77%. A quarter ago, it was expected that this natural gas utility would post earni ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-10042 Atmos Energy Corporation (Exact name of registrant as specified in its charter) Texas and Virginia 75-1743247 (State or othe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 7, 2025 Date of Report (Date of earliest event reported) ATMOS ENERGY CORPORATION (Exact Name of Registrant as Specified in its Charter) Texas and Virginia 1-10042 75-1743247 --------------------------------- ------------------------ ---------------------- (State or Other Jurisdiction (Commission File (I.R.S. Employer of Incorporation) Num ...