The $ 23.5 billion market cap is valuable, ATMOS Energy Corporation (ATO) is a natural gas-level distributor. Dallas, headquarters in Texas, the company operates through two sections: distribution and pipeline and storage.
Companies priced at $ 10 billion or more are usually described as “large-cap stock”, and ATMOS energy definitely fits the test. The ATO mainly provides natural gas to more than 3.3 million distribution customers in over 1,400 communities in eight states located in the south. In addition, it attaches the proprietary pipeline and storage businesses.
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The utility of natural gas took a dip of the 52-week high $ 154.55 to 2.5% of the 52-week recorded on March 4. In addition, ATO Stock has increased by 5.9% in the last three months, which has crossed the widespread Nasdaq Composite ($ NASX), which was 8.8% submerged in the same period.
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For a long time, the ATO has increased by 6.5% on the basis of YTD, which is better than the loss of 5.4% of NASX. Additionally, ATMOS energy shares have increased by 27.8% in the last 52 weeks, while NASX has climbed 11.5% in the same period.
Since last year, the ATO has been trading above its 50-day and 200-day moving averages.
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On February 4, ATO’s shares increased by 1.9% after their Q1 2025 results, which topped the Wall Street’s expectations with an earnings of $ 2.23 per share, and the company posted a total operating revenue of $ 1.2 billion. In addition, for FY 2025, the company hopes that the earnings will be in the range of $ 7.05 per share – $ 7.25 per share. In addition, ATMOS Energy increases its annual dividend by 8.1% to $ 3.48.
In addition, compared to his opponent, New Fortress Energy Inc. (NFE) is lagged behind the ATO. NFE shares have fallen by 60% in the last 52 weeks and slipped 21.3% ytd.
Despite the ATO’s outperforms, analysts are carefully optimistic about its possibilities. Among the 12 analysts covering stock, “moderate procurement” is a consensus rating, and ATMOS Energy is currently trading below the average price target of $ 154.25.
On the date of publication, Sohini Mondal did not have any securities mentioned in this article (either direct or indirectly). All information and data in this article is only for informative purposes. For more information, please see the Barkart Disclosure Policy here.
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The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.
