ATO · Utilities

ATMOS ENERGY CORP

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Liquidity and Cash PositionImportance 43 · Surprise 6
  Atmos Energy reported $4.6 billion of liquidity following its fiscal third-quarter results. The company also reported a capitalization profile consisting of 60% equity, supporting its ability to fund infrastructure…

News · 2026-08-07

• Liquidity and Cash PositionImportance 43 · Surprise 6
  Atmos Energy reported $4.6 billion of liquidity following its fiscal third-quarter results. The company also reported a capitalization profile consisting of 60% equity, supporting its ability to fund infrastructure…

News · 2026-08-06

• Net Income and ProfitabilityImportance 59 · Surprise 48
  Atmos Energy reported fiscal third-quarter diluted EPS of $1.43, up 23.3% from $1.16 a year earlier and 6.7% above the $1.34 consensus estimate. Net income for the first nine months of fiscal 2026 increased 20% year…
• Liquidity and Cash PositionImportance 43 · Surprise 6
  Atmos Energy reported $4.6 billion of liquidity following its fiscal third-quarter results. The company also reported a capitalization profile consisting of 60% equity, supporting its ability to fund infrastructure…
• Revenue Performance and MixImportance 37 · Surprise 32
  Fiscal third-quarter 2026 revenue was $879 million, up 4.8% year over year but below the $911.3 million analyst consensus. Higher rates approved across Atmos Energy’s distribution and pipeline segments supported the…

10-Q · 2026-08-05

• Financing ActivitiesImportance 78 · Surprise 74
  Financing activities provided $1.727 billion of cash during the nine months ended June 30, 2026, up $429.6 million from $1.297 billion in the prior-year period. The company received approximately $2.2 billion in net…
• Outstanding IndebtednessImportance 66 · Surprise 40
  Long-term debt increased to $10.251 billion at June 30, 2026 from $8.919 billion at September 30, 2025, while short-term debt remained zero. Long-term debt represented 40.2% of capitalization at June 30, 2026, compared…
• Revenue Performance and MixImportance 64 · Surprise 56
  Distribution-segment operating revenue increased $152.2 million, or 4.0%, year over year to $3,911.2 million for the nine months ended June 30, 2026, despite a 7.9% decline in sales volumes to 230,000 MMcf.,Pipeline and storage operating revenue increased $122.2 million, or 15.5%, to $909.0 million, driven by $78.7 million of additional Mid-Tex and affiliate transportation revenue and $40.8 million of additional third-party transportation revenue.,Pipeline transportation volumes increased 3.6% to 526,249 MMcf, while distribution throughput decreased 7.9% to 344,756 MMcf.,Approximately 70% of distribution revenue is earned during the first six months of the fiscal year, and about 50% of distribution revenue excluding gas costs is recovered through base customer charges.
• Capital Expenditure ProgramImportance 64 · Surprise 42
  Atmos Energy anticipates approximately $26 billion of capital expenditures between fiscal 2026 and 2030 to modernize its distribution and transmission systems, comply with safety regulations, and support community…
• Dividend IncreaseImportance 50 · Surprise 58
  Cash dividends increased during the nine months ended June 30, 2026 because the dividend rate rose 14.9% and the number of shares outstanding increased. The 2026 dividend-rate increase was larger than the 8.1% increase…
• Net Income and ProfitabilityImportance 47 · Surprise 48
  Net income increased 20% year over year to $1,227.6 million, or $7.33 per diluted share, for the nine months ended June 30, 2026, from $1,023.9 million, or $6.40 per diluted share.,The increase primarily reflected positive rate outcomes from safety and reliability spending and a $132.4 million benefit from Texas infrastructure-spending legislation effective in the third quarter of fiscal 2025.,Higher depreciation, property taxes, safety and compliance spending, and employee-related costs partially offset the earnings improvement.,Distribution-segment net income increased $104.6 million to $795.9 million, while pipeline and storage net income increased $99.1 million to $431.6 million.
• Operating Cash Flow TrendsImportance 43 · Surprise 32
  Operating cash flow was $1.671 billion for the nine months ended June 30, 2026, compared with $1.701 billion in the prior-year period. The $29.9 million decrease was primarily caused by the timing of gas cost…
• Liquidity and Debt PositionImportance 42 · Surprise 6
  Atmos Energy had $3.1 billion of total availability under four committed revolving credit facilities and a $1.5 billion commercial paper program as of June 30, 2026. The company had $4.5 billion of capacity remaining…
• Rate Case OutcomesImportance 40 · Surprise 42
  During the first nine months of fiscal 2026, Atmos Energy implemented ratemaking proceedings that increased annual operating income by $242.8 million, or $238.8 million excluding a $4.0 million excess deferred income…
• Income Tax Rate ChangesImportance 35 · Surprise 48
  The effective tax rate increased to 20.0% from 19.2% for the three months ended June 30, 2026 and to 20.3% from 19.1% for the nine-month period.,Nine-month income tax expense increased $71.8 million, or 29.8%, to $241.5 million, based on pretax income growth and the higher effective tax rate.,The effective tax rates remained below the 21% federal statutory rate primarily because of excess deferred federal income-tax amortization, tax credits, state income taxes, and other permanent book-to-tax differences.,Regulatory excess net deferred tax liabilities totaled $86.0 million, of which $38.6 million was being returned to customers and $46.4 million was being returned provisionally.
• Interest Rate EnvironmentImportance 32 · Surprise 24
  Atmos Energy manages interest-rate risk by using financial instruments to fix the Treasury yield component of interest costs associated with anticipated financings. As of June 30, 2026, the company had $460.4 million…
• Operating Expense TrendsImportance 30 · Surprise 14
  Distribution-segment operating expenses increased $65.6 million, or 5.4%, year over year to $1,281.9 million for the nine months ended June 30, 2026.,The distribution increase included $69.2 million of higher depreciation and property taxes, $11.7 million of additional system monitoring, line locating, and compliance costs, and $9.3 million of higher employee-related costs.,Pipeline and storage operating expenses decreased $10.8 million, or 3.1%, to $331.4 million, despite $20.7 million of higher depreciation and property taxes.,Texas infrastructure-spending legislation contributed $46.8 million to distribution operating expenses and $41.7 million to pipeline and storage operating expenses during the nine-month period.
• Market Demand TrendsImportance 30 · Surprise 40
  Atmos Energy serves approximately 3.4 million residential, commercial, public authority and industrial customers across six distribution divisions in eight states. Distribution sales volumes decreased 10.2% year over…
• Distribution Volume TrendsImportance 30 · Surprise 40
  Distribution total throughput decreased 7.8% to 350,495 MMcf for the nine months ended June 30, 2026 from 380,130 MMcf in the prior-year period. Gas sales volumes declined 10.2% to 229,995 MMcf, including a 12.6%…
• Pipeline Customer DemandImportance 25 · Surprise 32
  Atmos Pipeline-Texas provides transportation and storage services to the Mid-Tex Division, third-party local distribution companies, industrial and electric generation customers, marketers and producers. For the nine…
• Geographic Market CommentaryImportance 20 · Surprise 24
  The distribution business operates in eight states, with approximately 97% of residential and commercial revenues covered by weather normalization adjustments across specified periods in Kansas, West Texas, Tennessee,…

Earnings call · 2026-08-05

• Net Income and EPS PerformanceImportance 78 · Surprise 58
  Year-to-date fiscal 2026 net income was $1.2 billion, or $7.33 per diluted share. EPS increased 14.5% from the prior-year period. Results included a $132 million, or $0.63 per share, impact from the Texas House Bill,…
• Operating Expense TrendsImportance 75 · Surprise 60
  Consolidated O&M decreased $14 million year to date despite higher employee compliance and safety spending in Distribution and higher maintenance spending at APT. The reductions were driven by the impact of Texas House…
• Rate Case OutcomesImportance 71 · Surprise 60
  Atmos implemented $396 million of annualized operating-income increases since the start of fiscal 2026. Of that amount, $260 million was implemented during the third and fourth fiscal quarters. Seven regulatory filings…
• Regulatory Rate Case OutcomesImportance 71 · Surprise 60
  Atmos Energy implemented $396 million of annualized operating-income increases since the beginning of fiscal 2026, including $260 million during the third and fourth fiscal quarters. The company has seven filings in…
• Texas House Bill ImpactImportance 71 · Surprise 60
  The Texas House Bill contributed $132 million, or $0.63 per diluted share, to fiscal 2026 year-to-date results. $71 million was recognized in the distribution segment and $61 million at APT. Management said the fiscal…
• Capital Expenditure ProgramImportance 68 · Surprise 42
  Atmos reported fiscal 2026 capital expenditures of $3.1 billion in the prepared remarks, with more than 87% directed to distribution, transmission, and underground storage safety and reliability. Management later said…
• Capital Expenditure OutlookImportance 60 · Surprise 24
  Atmos Energy reaffirmed that fiscal 2026 capital expenditures are expected to be approximately $4.2 billion. More than 87% of the prior fiscal-year investment was directed toward safety and reliability across…
• Liquidity and Debt PositionImportance 56 · Surprise 24
  Atmos had 60% equity capitalization as of June 30, 2026, and no short-term debt outstanding. Available liquidity was $4.6 billion at quarter end. Liquidity included approximately $937 million of net proceeds available…
• Guidance / OutlookImportance 49 · Surprise 50
  Atmos Energy reaffirmed fiscal 2026 diluted EPS guidance of $8.40 to $8.50. Fiscal 2026 O&M expense, excluding bad debt, is now expected to range from $875 million to $885 million because spending is trending slightly…
• Supply Chain ConstraintsImportance 45 · Surprise 64
  APT’s through-system spreads averaged $4.66 in fiscal 2026 year to date versus $1.77 in the prior-year period, driven by rising associated-gas production, constrained takeaway capacity, and lower winter demand from…
• Weather Impact on DemandImportance 45 · Surprise 64
  APT’s fiscal 2026 year-to-date spreads averaged $4.66, compared with $1.77 in the prior-year period. Management attributed the spread environment to rising associated-gas production, constrained takeaway capacity, and…
• Revenue Performance and MixImportance 44 · Surprise 24
  Rate increases across the distribution and APT operating segments contributed $227 million of operating income during the first nine months of fiscal 2026. Residential and commercial customer growth and higher customer…
• APT Spread CompressionImportance 27 · Surprise 24
  APT through-system performance in the third fiscal quarter was in line with management expectations. Beginning in June, spreads narrowed significantly as additional takeaway capacity came online, including two…
• Market Demand TrendsImportance 26 · Surprise 24
  Atmos Energy added nearly 51,000 customers in the 12 months ended June 30, 2026, including nearly 39,000 in Texas. The company added 600 commercial customers in the third quarter and more than 2,500 year to date, along…
• Geographic Market CommentaryImportance 10 · Surprise 6
  Texas continues to show stronger economic expansion than the nation, with job growth exceeding the national rate over the 12 months ended June 2026. Texas added three Fortune 500 companies in 2026, bringing the state…
• Data Center / Load GrowthImportance 9 · Surprise 42
  Atmos Pipeline–Texas is expanding infrastructure to support growth in local distribution companies serving the Dallas-Fort Worth Metroplex. Two southeastern DFW projects will install a combined 29 miles of 36-inch…

8-K · 2026-08-05

• Capital Expenditure ProgramImportance 68 · Surprise 42
  Atmos Energy reported fiscal 2026 year-to-date capital expenditures of $3.1 billion. More than 85% of spending was focused on safety and reliability. The company expects fiscal 2026 capital expenditures to be…
• Capital Expenditure OutlookImportance 68 · Surprise 42
  Atmos Energy expects fiscal 2026 capital expenditures to be approximately $4.2 billion. Fiscal-year capital expenditures were $3.1 billion through the third quarter, with more than 85% focused on safety and…
• Rate Case OutcomesImportance 64 · Surprise 42
  Atmos Energy implemented $355.0 million in annualized regulatory outcomes during fiscal 2026. These outcomes represent approved or otherwise effective regulatory changes affecting the company’s utility operations. The…
• Guidance and OutlookImportance 60 · Surprise 24
  Atmos Energy reaffirmed fiscal 2026 diluted earnings-per-share guidance of $8.40 to $8.50. The guidance applies to fiscal 2026 results. Fiscal 2026 capital expenditure guidance is expected to be approximately $4.2…
• Regulated Capital Investment PlanImportance 50 · Surprise 24
  Atmos Energy reported $3.1 billion of capital expenditures for fiscal 2026 through the third quarter. More than 85% of spending was focused on safety and reliability. The spending indicates continued investment in the…
• Dividend IncreaseImportance 44 · Surprise 58
  Atmos Energy’s Board declared a quarterly dividend of $1.00 per common share. The indicated annual dividend for fiscal 2026 is $4.00 per share. The fiscal 2026 annual dividend represents a 14.9% increase over fiscal…
• Capital Return ProgramImportance 44 · Surprise 58
  Atmos Energy’s Board declared a quarterly dividend of $1.00 per common share. The indicated fiscal 2026 annual dividend is $4.00 per share. This represents a 14.9% increase from fiscal 2025 and exceeds the materiality…
• Liquidity and Cash PositionImportance 37 · Surprise 6
  Atmos Energy reported $4.6 billion of available liquidity for fiscal 2026. The company reported a capital structure consisting of 60% equity capitalization. Available liquidity totaled $4.6 billion while equity…

News · 2026-08-05

• Rate Case OutcomesImportance 64 · Surprise 42
  Atmos Energy’s fiscal third-quarter profit benefited from higher rates approved across its distribution and pipeline segments. Investors are focused on the company’s Texas rate-base expansion and its ability to convert…
• Net Income and ProfitabilityImportance 59 · Surprise 48
  Atmos Energy reported fiscal third-quarter diluted EPS of $1.43, up 23.3% from $1.16 a year earlier and 6.7% above the $1.34 consensus estimate. Net income for the first nine months of fiscal 2026 increased 20% year…
• Capital Expenditure ProgramImportance 58 · Surprise 42
  Atmos Energy reported $3.1 billion of capital expenditures for fiscal 2026. More than 85% of spending was directed toward safety and reliability initiatives. The program supports continued infrastructure investment…
• Guidance and OutlookImportance 56 · Surprise 42
  Atmos Energy reaffirmed fiscal 2026 diluted EPS guidance of $8.40 to $8.50. The company’s full-year net-income outlook was $1.41 billion to $1.43 billion. The reaffirmation followed first-nine-month net income of $1.23…
• Guidance / OutlookImportance 56 · Surprise 42
  Atmos Energy reaffirmed its fiscal 2026 diluted EPS guidance of $8.40 to $8.50. Management also maintained expected fiscal 2026 net income of approximately $1.41 billion to $1.43 billion. The outlook reflects continued…
• Dividend IncreaseImportance 50 · Surprise 58
  Atmos Energy’s board declared a quarterly dividend of $1.00 per share payable September 8, 2026, to shareholders of record on August 24. The annualized dividend is $4.00 per share, representing a 14.9% increase over…
• Liquidity and Cash PositionImportance 43 · Surprise 6
  Atmos Energy reported $4.6 billion of liquidity following its fiscal third-quarter results. The company also reported a capitalization profile consisting of 60% equity, supporting its ability to fund infrastructure…

News · 2026-08-04

• Liquidity and Cash PositionImportance 43 · Surprise 6
  Atmos Energy reported $4.6 billion of liquidity following its fiscal third-quarter results. The company also reported a capitalization profile consisting of 60% equity, supporting its ability to fund infrastructure…