ATO · Earnings call · 2026Q2T · Full report
Capital Expenditure Program
ATMOS ENERGY CORP · 2026-08-05 · Importance 68 · Surprise 42 · In source text
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 the company remained on track to spend approximately $4.2 billion in fiscal 2026 capital expenditures. APT projects include 29 miles of new 36-inch pipeline near the DFW Metroplex, a bilateral compressor station in Carthage, Texas, and 15 miles completing a 92-mile pipeline loop. These projects were scheduled for service by the end of calendar 2026.
Key facts
- Capital expenditures for the fiscal year totaled $3.1 billion with over 87% of these investments focused on enhancing the safety and reliability of our distribution, transmission, and underground storage system.
- The APT projects (including WA loop final phase) are currently scheduled to be placed into service by the end of the calendar year.
- APT is working on two separate projects southeast of the DFW Metroplex that will install a total of 29 miles of 36-inch pipeline to connect two adjacent compressor stations to our Tri City storage facility.
- APT began construction of a bilateral compressor station in Carthage, Texas, that will increase the capacity of our 36-inch line 2 pipeline.
- APT is working on the final phase of the WA loop project that will install 15 miles of 36-inch pipe and complete a 92-mile 36-inch pipeline loop.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | The APT projects (including WA loop final phase) are currently scheduled to be placed into service by the end of the calendar year. |