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ATO Stock - Atmos Energy Corp.


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Atmos Energy Corp. logo

Atmos Energy Corporation, founded in 1906 and headquartered in Dallas, Texas, operates in the regulated natural gas distribution, pipeline, and storage businesses across the United States. The company operates through two main segments: Distribution, and Pipeline and Storage. The Distribution segment handles regulated natural gas distribution and related sales operations in eight states, serving approximately 3.3 million residential, commercial, public authority, and industrial customers. As of September 30, 2022, this segment owned 73,243 miles of underground distribution and transmission mains.

The Pipeline and Storage segment is responsible for pipeline and storage operations, including transporting natural gas for third parties and managing five underground storage reservoirs in Texas. Additionally, this segment offers various ancillary services typical to the pipeline industry, such as parking arrangements, lending, and inventory sales. As of September 30, 2022, it owned 5,652 miles of gas transmission lines.

Atmos Energy is one of the largest natural gas distributors in the United States, providing essenttial energy services to millions of customers. The company is dedicated to safety, reliability, and customer satisfaction, ensuring efficient and dependable natural gas delivery and storage solutions. With a robust infrastructure and extensive experience, Atmos Energy continues to play a critical role in meeting the nation's energy needs.

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Stock Sector: Utilities: Gas Utilities

 

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