Atmos Energy Corp - Company Profile

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Atmos Energy Corp: Segment Analysis

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Business Description

Atmos Energy Corp (Atmos Energy) is a natural gas utility that serves over 1,400 communities in eight states of the US. The company provides its services to over 3.3 million residential, commercial, public authority, and industrial customers across eight states and distributes natural gas that is dependable, inexpensive, efficient, and abundant. It also manages owned natural gas pipelines and storage assets.

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Business Segments

Overview

Comprises regulated natural gas distribution and related operations in eight states and storage assets in Kentucky and Tennessee in the US. Operates under non-exclusive franchise agreements granted by the various cities and towns in its service areas Principal operating subsidiaries include Atmos Energy Holdings, Inc., Blue Flame Insurance Services, Ltd, Atmos Energy Louisiana Industrial Gas, LLC, Atmos Energy Services, LLC, and Egasco, LLC. The company also transports natural gas to third parties via distribution networks. In FY2025, the segment incurred a capital expenditure of US$2,662.7 million, which grew 18.4% YoY.

Performance

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Overview

Consists of regulated pipeline and storage operations of Atmos Pipeline-Texas and natural gas transmission operations in Louisiana. It serves local distribution companies, industrial and electric generation customers, marketers, and producers. In FY2025, the segment incurred a capital expenditure of US$898.7 million, which grew 30.7% YoY.

Performance

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