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Atmos Energy Corporation reports recurring developments as a regulated, natural gas-only utility serving approximately 3.4 million distribution customers in more than 1,400 communities across eight states primarily in the South. Company updates focus on quarterly and annual earnings, fiscal guidance, regulatory outcomes, and capital investment in distribution, transmission, storage, safety, infrastructure modernization, environmental sustainability, and community programs.
News also covers common-stock dividend declarations and increases, earnings-call scheduling, and activity tied to the company’s proprietary pipeline and storage assets, including a major intrastate natural gas pipeline system in Texas.
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Atmos Energy Corporation (NYSE: ATO) reported its fourth fiscal quarter results for the year ending September 30, 2020. The company achieved an earnings per diluted share of $4.89 for the year and $0.53 for the quarter. Consolidated net income was $601.4 million for the year and $65.3 million for the quarter. Capital expenditures rose by 14% to $1.94 billion, focused on system safety and reliability. For fiscal 2021, earnings per share are expected between $4.90 and $5.10. The Board declared a quarterly dividend of $0.625 per share, marking an 8.7% increase over the previous year.
Atmos Energy Corporation (NYSE: ATO) has announced a quarterly dividend increase to $0.625 per share from $0.575, marking the company's 148th consecutive quarterly dividend. The Fiscal 2021 projected annual dividend is $2.50, up from $2.30 in Fiscal 2020. The dividend will be paid on December 14, 2020, to shareholders of record by November 30, 2020. Atmos Energy is the largest regulated natural gas distributor in the U.S., serving over 3 million customers across eight states.
Atmos Energy Corporation (NYSE: ATO) will conduct a conference call on November 12, 2020, at 10:00 a.m. Eastern, to discuss its Fiscal 2020 year-end and fourth quarter financial results. The results will be released on November 11, 2020, after market close. Interested parties can participate via toll-free number 877-407-3088 or international number 201-389-0927. The call will also be accessible through Atmos Energy's website and archived for thirty days. Atmos Energy serves over 3 million customers across eight states.