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Atmos Energy Corp Stock Research

ATO

114.34USD+0.56(+0.49%)Market Closed

Market Summary

USD114.34+0.56
Market Closed
0.49%

ATO Alerts

ATO Stock Price

ATO RSI Chart

ATO Valuation

Market Cap

16.4B

Price/Earnings (Trailing)

20.54

Price/Sales (Trailing)

3.5

EV/EBITDA

14.52

Price/Free Cashflow

14.82

ATO Price/Sales (Trailing)

ATO Profitability

Operating Margin

56.14%

EBT Margin

19.11%

Return on Equity

8.1%

Return on Assets

3.41%

Free Cashflow Yield

6.75%

ATO Fundamentals

ATO Revenue

Revenue (TTM)

4.7B

Revenue Y/Y

46.53%

Revenue Q/Q

105.36%

ATO Earnings

Earnings (TTM)

797.0M

Earnings Y/Y

9.09%

Earnings Q/Q

279.46%

Price Action

52 Week Range

97.10121.44
(Low)(High)

Last 7 days

1.2%

Last 30 days

-2.0%

Last 90 days

-2.6%

Trailing 12 Months

1.5%

ATO Financial Health

Current Ratio

1.03

Debt/Equity

0.67

Debt/Cashflow

0.17

ATO Investor Care

Dividend Yield

2.43%

Dividend/Share (TTM)

2.78

Shares Dilution (1Y)

7.09%

Diluted EPS (TTM)

5.68

Peers (Alternatives to Atmos Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
151.5B
21.0B
-0.13% -6.43%
36.52
7.23
22.77% 16.06%
74.8B
28.8B
-2.22% -6.62%
30.49
2.6
16.84% -31.41%
73.7B
29.3B
0.77% 1.38%
21.5
2.52
26.68% 48.46%
46.7B
17.2B
-4.66% -30.44%
46.94
2.72
22.99% -69.77%
16.4B
4.7B
-1.97% 1.54%
20.54
3.5
33.29% 14.34%
MID-CAP
5.1B
2.3B
-6.60% -16.05%
8.49
2.23
24.37% 44.24%
5.1B
3.0B
0.14% 20.15%
18.12
1.72
24.20% 88.67%
4.3B
2.6B
-6.09% -7.29%
19.61
1.69
42.54% 7.42%
4.0B
5.0B
-8.47% -19.41%
-19.91
0.82
34.77% -201.25%
3.7B
3.0B
-4.86% 3.49%
10.53
1.26
16.25% 16.47%
2.3B
620.7M
-1.69% 15.73%
31.49
3.75
8.19% 22.07%
SMALL-CAP
1.4B
162.4M
-11.55% -24.16%
31.93
8.34
13.48% 16.11%
953.9M
1.5B
-6.33% 4.21%
5.82
0.63
12.11% 54.37%
446.8M
2.2B
1.23% 26.54%
13.01
0.21
34.39% -46.65%
240.9M
94.2M
1.34% 14.66%
-7.51
2.56
19.34% -457.69%

Financials for Atmos Energy

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue11.2%4,6734,2024,0473,8373,506
EBITDA5.1%1,5661,4901,5751,490-
EBITDA Margin-5.5%0.34*0.35*0.34*0.39*-
Earnings Before Taxes4.8%893852827804801
EBT Margin-5.8%0.19*0.20*0.18*0.21*-
Interest Expenses16.4%12010389.0084.0081.00
Net Income2.9%797774751725697
Net Income Margin-7.5%0.17*0.18*0.16*0.19*-
Free Cahsflow13.0%1,1059781,004958-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets5.3%23,36622,19321,65521,27120,546
  Current Assets19.0%3,6283,0483,2823,5293,274
    Cash Equivalents232.8%17252.00328582264
  Goodwill0%731731731731731
  Current Liabilities-2.0%3,5323,6033,2593,2083,426
.    Short Term Borrowings-100.0%-185---
  Long Term Debt13.7%6,5525,7615,7595,7585,555
Shareholder's Equity4.4%9,8369,4199,2688,9838,290
  Retained Earnings5.2%3,3783,2113,2363,2032,971
  Additional Paid-In Capital3.9%6,0665,8385,7265,6345,294
Shares Outstanding1.6%143141140139134
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations13.0%1,1059781,004958-1,179
  Share Based Compensation-11.00----
Cashflow From Investing-4.6%-2,542-2,429-2,325-2,299-2,189
Cashflow From Financing-3.0%1,3461,3871,1261,0583,176
  Dividend Payments3.8%390376362349335

Risks for ATO

What is the probability of a big loss on ATO?

21.5%


Probability that Atmos Energy stock will be more than 20% underwater in next one year

0%


Probability that Atmos Energy stock will be more than 30% underwater in next one year.

0%


Probability that Atmos Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ATO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Atmos Energy was unfortunately bought at previous high price.

Drawdowns

Returns for ATO

Cumulative Returns on ATO

13.4%


10-Year Cumulative Returns

9.1%


7-Year Cumulative Returns

8.9%


5-Year Cumulative Returns

6.6%


3-Year Cumulative Returns

What are the long-term rolling returns for ATO?

FIve years rolling returns for Atmos Energy.

Annualized Returns

Which funds bought or sold ATO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
MATHER GROUP, LLC.
reduced
-2.76
788,689
12,066,700
0.23%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
11.23
4,391,750
24,007,700
0.03%
2023-03-06
Rockefeller Capital Management L.P.
added
1.83
214,000
1,997,000
0.01%
2023-03-03
TIAA, FSB
reduced
-4.21
17,969
359,969
-%
2023-02-28
Voya Investment Management LLC
added
1.49
1,260,560
12,064,600
0.02%
2023-02-24
SRS Capital Advisors, Inc.
added
644
6,531
7,531
-%
2023-02-24
National Pension Service
reduced
-0.67
1,325,900
22,182,100
0.04%
2023-02-24
NATIXIS
sold off
-100
-4,987,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
136,000
1,488,000
0.02%
2023-02-22
CVA Family Office, LLC
unchanged
-
966
8,966
-%

1–10 of 49

Latest Funds Activity

Are funds buying ATO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ATO
No. of Funds

Atmos Energy News

MarketBeat

CHURCHILL MANAGEMENT Corp Decreases Holdings in Atmos ....

MarketBeat,
2 days ago

InvestorsObserver

Zacks Investment Research

Why Southern (SO) Has Stumbled Since Q4 Earnings Beat.

Zacks Investment Research,
14 days ago

Yahoo Finance

Yahoo Eurosport UK

Atmos Energy (ATO) Could Be a Great Choice.

Yahoo Eurosport UK,
14 days ago

Schedule 13G FIlings of Atmos Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
aristotle capital management, llc
6.76%
9,519,883
SC 13G
Feb 09, 2023
vanguard group inc
13.07%
18,430,637
SC 13G/A
Feb 06, 2023
wellington management group llp
6.02%
8,485,905
SC 13G
Feb 06, 2023
state street corp
7.64%
10,774,109
SC 13G/A
Jan 25, 2023
blackrock inc.
9.0%
12,736,679
SC 13G
Feb 14, 2022
state street corp
7.73%
10,257,605
SC 13G/A
Feb 09, 2022
vanguard group inc
12.37%
16,414,964
SC 13G/A
Jan 27, 2022
blackrock inc.
10.5%
13,905,648
SC 13G/A
Jan 25, 2022
blackrock inc.
10.5%
13,905,648
SC 13G/A
Feb 12, 2021
state street corp
6.76%
8,518,906
SC 13G

ATO Fair Value

Atmos Energy fair value in different scenarios

The table shows the Fair Value estimates for Atmos Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

79.77

-30.23%

122.42

7.07%

182.69

59.78%

243.17

112.67%

297.74

160.40%
Current Inflation

73.41

-35.80%

110.10

-3.71%

160.92

40.74%

211.22

84.73%

256.43

124.27%
Very High Inflation

65.51

-42.71%

95.28

-16.67%

135.42

18.44%

174.42

52.55%

209.29

83.04%

Historical Atmos Energy Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Atmos Energy

View All Filings
Date Filed Form Type Document
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading

Latest Insider Trading transactions for ATO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-10
COMPTON KELLY H
acquired
145,050
109
1,322
-
2023-03-10
COCKLIN KIM R
acquired
145,050
109
1,322
-
2023-03-10
WALTERS DIANA J
acquired
145,050
109
1,322
-
2023-02-06
COCKLIN KIM R
sold
-1,464,300
117
-12,500
-
2022-11-15
THOMAS RICHARD M
sold
-121,407
110
-1,100
vice president & controller
2022-11-08
MCDILL JOHN S
acquired
222,858
104
2,132
sr vp, utility operations
2022-11-08
HARTSFIELD KAREN E
sold (taxes)
-107,457
104
-1,028
sr vp, gc & corporate sec'y
2022-11-08
THOMAS RICHARD M
acquired
119,164
104
1,140
vice president & controller
2022-11-08
Forsythe Christopher T
sold (taxes)
-139,443
104
-1,334
sr vice president & cfo
2022-11-08
ROBBINS J MATT
sold (taxes)
-107,457
104
-1,028
sr vp, human resources

1–10 of 50

J. Kevin Akers
4680
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately three million residential, commercial, public authority, and industrial customers. As of September 30, 2021, it owned 71,921 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. As of September 30, 2021, it owned 5,699 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.

ATO Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Operating revenues$ 4,201,662$ 3,407,490$ 2,821,137
Purchased gas cost1,682,6561,032,717658,854
Operation and maintenance expense710,161679,019629,601
Depreciation and amortization expense535,655477,977429,828
Taxes, other than income352,208312,779278,755
Operating income920,982904,998824,099
Other non-operating income (expense)33,737(2,145)7,171
Interest charges102,81183,55484,474
Income before income taxes851,908819,299746,796
Income tax expense77,510153,736145,353
Net income$ 774,398$ 665,563$ 601,443
Basic net income per share (USD per share)$ 5.61$ 5.12$ 4.89
Diluted net income per share (USD per share)$ 5.60$ 5.12$ 4.89
Weighted average shares outstanding - basic (in shares)137,830129,779122,788
Weighted average shares outstanding - diluted (in shares)138,096129,834122,872
Other comprehensive income (loss), net of tax   
Net unrealized holding gains (losses) on available-for-sale securities, net of tax of $(157), $(55) and $32$ (542)$ (191)$ 106
Cash flow hedges:   
Amortization and unrealized gains on interest rate agreements, net of tax of $86,664, $36,875 and $17,198299,851127,58356,888
Total other comprehensive income299,309127,39256,994
Total comprehensive income1,073,707792,955658,437
Distribution   
Operating revenues4,031,9363,238,7532,624,251
Pipeline and Storage   
Operating revenues169,726168,737196,886
Purchased gas cost   
Purchased gas cost1,682,6561,032,717658,854
Purchased gas cost | Distribution   
Operating revenues3,909,8933,119,1942,503,681
Operating Segments | Distribution   
Operating revenues4,035,1943,241,9732,626,993
Purchased gas cost2,210,3021,501,6951,071,227
Operation and maintenance expense518,443501,209472,760
Depreciation and amortization expense387,858345,481309,582
Taxes, other than income314,046275,074245,181
Operating income604,545618,514528,243
Other non-operating income (expense)6,946(20,694)(1,265)
Interest charges49,92136,62939,634
Income before income taxes561,570561,191487,344
Income tax expense39,593115,32991,680
Net income521,977445,862395,664
Operating Segments | Pipeline and Storage   
Operating revenues693,660637,347609,339
Purchased gas cost(1,583)1,5821,548
Operation and maintenance expense192,847179,080158,115
Depreciation and amortization expense147,797132,496120,246
Taxes, other than income38,16237,70533,574
Operating income316,437286,484295,856
Other non-operating income (expense)26,79118,5498,436
Interest charges52,89046,92544,840
Income before income taxes290,338258,108259,452
Income tax expense37,91738,40753,673
Net income252,421219,701205,779
Operating Segments | Purchased gas cost | Distribution   
Purchased gas cost2,210,3021,501,6951,071,227
Operating Segments | Purchased gas cost | Pipeline and Storage   
Purchased gas cost(1,583)1,5821,548
Eliminations   
Operating revenues(527,192)(471,830)(415,195)
Purchased gas cost(526,063)(470,560)(413,921)
Operation and maintenance expense(1,129)(1,270)(1,274)
Depreciation and amortization expense000
Taxes, other than income000
Operating income000
Other non-operating income (expense)000
Interest charges000
Income before income taxes000
Income tax expense000
Net income000
Eliminations | Distribution   
Operating revenues3,2583,2202,742
Eliminations | Pipeline and Storage   
Operating revenues523,934468,610412,453
Eliminations | Purchased gas cost   
Purchased gas cost$ (526,063)$ (470,560)$ (413,921)

ATO Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Sep. 30, 2021
ASSETS  
Property, plant and equipment$ 19,402,271$ 17,258,547
Construction in progress835,868626,551
Total property, plant and equipment and construction in progress20,238,13917,885,098
Less accumulated depreciation and amortization2,997,9002,821,128
Net property, plant and equipment17,240,23915,063,970
Current assets  
Cash and cash equivalents51,554116,723
Accounts receivable, less allowance for uncollectible accounts of $49,993 in 2022 and $64,471 in 2021363,708342,967
Gas stored underground357,941178,116
Other current assets (See Note 9)2,274,4902,200,909
Total current assets3,047,6932,838,715
Goodwill731,257731,257
Deferred charges and other assets (See Note 9)1,173,800974,720
Total assets22,192,98919,608,662
Shareholders’ equity  
Common stock, no par value (stated at $0.005 per share); 200,000,000 shares authorized; issued and outstanding: 2022 — 140,896,598 shares; 2021 — 132,419,754 shares704662
Additional paid-in capital5,838,1185,023,751
Accumulated other comprehensive income369,11269,803
Retained earnings3,211,1572,812,673
Shareholders’ equity9,419,0917,906,889
Long-term debt5,760,6474,930,205
Total capitalization15,179,73812,837,094
Commitments and contingencies (See Note 13)
Current liabilities  
Accounts payable and accrued liabilities496,019423,222
Other current liabilities720,157686,681
Short-term debt184,9670
Current maturities of long-term debt2,201,4572,400,452
Total current liabilities3,602,6003,510,355
Deferred income taxes1,999,5051,705,809
Regulatory excess deferred taxes (See Note 14)385,213549,227
Regulatory cost of removal obligation487,631468,688
Deferred credits and other liabilities538,302537,489
Total shareholders' equity and liabilities$ 22,192,989$ 19,608,662