Atmos Energy (ATO)

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Atos publishes estimated 2024 year-end liquidity position well above business plan
GlobeNewswire· 2025-01-20 18:30
Press Release Atos publishes estimated 2024 year-end liquidity position well above business plan Paris, France – January 20, 2025 – Atos SE (Euronext Paris : ATO) today publishes an estimated 2024 year-end liquidity position well above the level set out in the business plan presented as part of its Accelerated Safeguard Plan. This publication is part of the regular reporting requirements defined and agreed with the Group’s financial creditors. As at December 31, 2024, Atos liquidity is estimated at €2,191 m ...
Atos Accelerates Banco Mercantil's Cloud Journey
GlobeNewswire· 2025-01-15 14:00
Press Release Atos Accelerates Banco Mercantil's Cloud Journey The partnership resulted in the migration of more than 750 virtual machines to Google Cloud in 12 months. São Paulo, Brazil, and Paris, France, January 15, 2025 - Atos, a global leader in digital transformation, was chosen by Banco Mercantil to support its cloud adoption journey through the Google Cloud. The agreement, a five-year term between the bank and Google Cloud, involves an investment of millions of Brazilian reais to migrate all of the ...
Consumer Sentiment Declines Amid Rate Cut Uncertainty: 4 Safe Bets
ZACKS· 2025-01-14 20:01
Americans are less confident about the economy than they were a couple of months back as concerns grew at the beginning of the New Year. Signs of a rise in inflation and a resilient labor market have raised concerns over the Federal Reserve’s plans for future rate cuts.This saw consumer sentiment taking a dip in January. Major indexes have already been pushed into negative territory for this year after stocks pulled back in the final weeks of December. It would thus be wise to invest in defensive stocks suc ...
Combined General Meeting of January 31, 2025 - Access to information
GlobeNewswire· 2025-01-10 17:00
General Meeting Information - Atos SE shareholders are invited to attend the Combined General Meeting on January 31, 2025, at 10 a m (Paris time) at the company's registered office in Bezons, France [2] - The meeting will be broadcast live on the company's website, and a video recording will be available for replay [2] - The notice of meeting, including the agenda, draft resolutions, and participation conditions, was published in the BALO no 155 on December 25, 2024, and is available on the company's website [3] - Shareholders can access and download relevant documents on the company's website under the "Annual General Meeting" section [3] - Registered shareholders may request documents up to five days prior to the meeting, while bearer shareholders must provide a certificate of registration [6] Company Overview - Atos is a global leader in digital transformation with approximately 82,000 employees and annual revenue of around €10 billion [4] - The company is the European leader in cybersecurity, cloud, and high-performance computing, offering tailored end-to-end solutions across 69 countries [4] - Atos is a pioneer in decarbonization services and products, committed to providing secure and decarbonized digital solutions for its clients [4] - The company is listed on Euronext Paris and operates as a Societas Europaea (SE) [4] - Atos aims to design the future of the information space, supporting knowledge development, education, and research while promoting scientific and technological excellence [4] Shareholder Information - Shareholders can consult meeting-related documents at the company's registered office during the 15 days preceding the meeting [6] - Investor relations and individual shareholder contacts are provided for further inquiries [5]
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 ...