ATO · 10-Q · 2026Q2 · Full report
Outstanding Indebtedness
ATMOS ENERGY CORP · 2026-08-05 · Importance 66 · Surprise 40 · From source text
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 with 39.7% at September 30, 2025. The company remained in compliance with all debt covenants as of June 30, 2026. Standard & Poor’s rated senior unsecured long-term debt A- and Moody’s rated it A2, with stable outlooks from both agencies.
Key facts
- On October 1, 2025 we completed a public offering of $600 million of 5.45% senior notes due January 2056 and received net proceeds of $590.0 million. source
- On June 18, 2026 we completed a public offering of $700 million of 4.75% senior notes due January 2032 and received net proceeds of $694.0 million. source
- We completed a public offering of $650 million of 5.00% senior notes due December 2054 and received net proceeds of $639.4 million in the nine months ended June 30, 2025. source
- We completed a public offering of $500 million of 5.20% senior notes due August 2035 and received net proceeds of $493.9 million in the nine months ended June 30, 2025. source
- Carrying amount of long-term debt (excluding finance leases) as of June 30, 2026: $10,225,000 thousand source
- Carrying amount of long-term debt (excluding finance leases) as of September 30, 2025: $8,935,000 thousand source
- Fair value of long-term debt (excluding finance leases) as of June 30, 2026: $9,379,797 thousand source
- Fair value of long-term debt (excluding finance leases) as of September 30, 2025: $8,272,978 thousand source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -4.1% | Carrying amount of long-term debt (excluding finance leases) as of June 30, 2026: $10,225,000 thousand |
| liability | negative | realized | -3.5% | Fair value of long-term debt (excluding finance leases) as of June 30, 2026: $9,379,797 thousand |
| liability | negative | realized | -2.2% | On June 18, 2026 we completed a public offering of $700 million of 4.75% senior notes due January 2032 and received net proceeds of $694.0… |
| cash | positive | realized | +2.2% | On June 18, 2026 we completed a public offering of $700 million of 4.75% senior notes due January 2032 and received net proceeds of $694.0… |
| liability | negative | realized | -1.9% | On October 1, 2025 we completed a public offering of $600 million of 5.45% senior notes due January 2056 and received net proceeds of… |
| cash | positive | realized | +1.9% | On October 1, 2025 we completed a public offering of $600 million of 5.45% senior notes due January 2056 and received net proceeds of… |