Strong Demand Lifts Atmos Energy Corporation (ATO) First-Quarter Profit Despite Extreme Winter Conditions

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Atmos Energy Corporation (NYSE:ATO) is included among 13 Best Long Term Low Risk Stocks to Buy Now.

Strong Demand Lifts Atmos Energy Corporation (ATO) First-Quarter Profit Despite Extreme Winter Conditions

Strong Demand Lifts Atmos Energy Corporation (ATO) First-Quarter Profit Despite Extreme Winter Conditions

Atmos Energy Corporation (NYSE:ATO) said connected February 3 that first-quarter nett accrued 14.5% from the anterior year, supported by dependable request crossed its state organisation and pipeline systems.

During the fiscal Q1 2026 net report, the main enforcement said the 4th reflected extended mentation and a beardown accent connected safely serving customers and communities during the utmost conditions caused by Winter Storm Fern. He noted that strategy show held up good crossed each operating segments. Fiscal first-quarter nett income came successful astatine $403 million, oregon $2.44 per diluted share.

Capital spending totaled $1 cardinal during the quarter, with much than 85% allocated to information and reliability initiatives. Management reaffirmed rebased fiscal 2026 net per stock guidance of $8.15 to $8.35 and said the yearly dividend has been acceptable astatine $4 per share, successful enactment with the company’s semipermanent EPS maturation people of 6% to 8% annually.

The main enforcement besides highlighted advancement wrong the Atmos Pipeline-Texas segment. This included the installation of 55 miles of 36-inch pipeline linking Bethel retention to the Groesbeck compressor station, arsenic good arsenic the completion of caller interconnect projects that added 700,000 Mcf per time of proviso capacity. Customer maturation remained solid, with astir 54,000 caller customers added successful the 12 months ended December 31, 2025, the bulk located successful Texas. During the archetypal 4th alone, the institution added much than 1,100 commercialized customers and 3 caller concern customers. He besides pointed to caller designation from J.D. Power and Escalent arsenic further enactment for the company’s lawsuit work performance.

Atmos Energy Corporation (NYSE:ATO) serves astir 3.3 cardinal organisation customers crossed 8 states and operates regulated inferior businesses successful Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, Texas, and Virginia.

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