Increased natural gas export volumes and regular investment in pipelines are driving the Zacks Gas Distribution industry's near-term prospects. Utilities with stable infrastructure like ATO, MDU and NJR can provide reliable services to customers and benefit from a positive industry outlook.
Low-beta stocks like ATO, IDA, PNW, TSN and UNFI are a safe bet during times of market volatility.
Atmos (ATO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
ATO stock is a good pick in the utility space, given its growth prospects, debt management and ability to increase shareholders' value.
Atmos Energy just hiked its dividend for the 41st consecutive year. The gas utility plans on investing $24 billion in capex over the next five fiscal years. Atmos Energy possesses an A- credit rating from S&P on a stable outlook.
Atmos Energy has shown moderate performance in 2024, gaining 19%, but lagging behind the market rally due to its less cyclical, regulated utility nature. The company's secure cash flow supports stable dividends, though EPS growth is slower due to necessary debt and equity issuance for capital programs. Atmos targets 7.4% EPS growth in 2025, driven by a significant capital spending plan and favorable regulatory environments, particularly in Texas. I view this as credible.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Atmos Energy (ATO) have what it takes?
Here is how Atmos Energy (ATO) and China Resources Power Holdings Co. (CRPJY) have performed compared to their sector so far this year.
ATO and NJR will benefit from rate declines and a beta of less than one. Operational expertise is also expected to assist in strong performance in 2025.
ATO makes a strong case for investment, given its growth prospects, better debt management and ability to increase shareholders' value.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Atmos Energy (ATO) have what it takes?
Here is how Atmos Energy (ATO) and Vistra Corp. (VST) have performed compared to their sector so far this year.