Atmos Energy Reports Strong Q1 Fiscal 2025 Results

Atmos Energy ( (ATO) ) has released its Q1 earnings. Here is a breakdown of the information Atmos Energy presented to its investors.

Atmos Energy Corporation, a natural-gas only distributor and S&P 500 company, safely delivers natural gas to over 3.3 million customers across eight states in the Southern U.S., with a focus on safety, innovation, and environmental sustainability.

Atmos Energy reported robust financial results for the first quarter of fiscal 2025, with earnings per diluted share reaching $2.23, resulting in a net income of $351.9 million. The company continues to show a strong financial position with significant capital expenditures directed towards enhancing safety and reliability.

Key highlights of the quarter include capital expenditures totaling $891.2 million, with 86% allocated to safety and reliability. The company maintains a strong equity capitalization of 60.3% and boasts $5.2 billion in available liquidity. Additionally, Atmos Energy has implemented $150.5 million in annualized regulatory outcomes, reflecting its strategic focus on regulatory efficiencies.

Looking ahead, Atmos Energy has reaffirmed its earnings per diluted share guidance for fiscal 2025, estimating between $7.05 and $7.25. The company plans to allocate approximately $3.7 billion in capital expenditures for the fiscal year, prioritizing infrastructure modernization and safety improvements. Furthermore, a quarterly dividend of $0.87 per common share has been declared, marking an 8.1% increase over the previous fiscal year.

Atmos Energy remains committed to its long-term strategy of modernizing its operations and infrastructure, aiming to be the safest provider of natural gas services. With a solid foundation and clear strategic objectives, the company is well-positioned to continue delivering value to its customers and shareholders.