Utilities - Regulated Gas
Industry
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Utilities
Sector
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Mr. John Kevin Akers
CEO
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NYSE
Exchange
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US0495601058
ISIN
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US
Country
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5,019
Employees
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-
Last Dividend
|
-
Last Split
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1 Jan 1987
IPO Date
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Atmos Energy Corporation is a prominent player in the U.S. energy sector, focusing on the regulated natural gas distribution along with pipeline and storage operations. Founded in 1906 and based in Dallas, Texas, the corporation operates through two main segments: Distribution, and Pipeline and Storage. It is committed to delivering natural gas to 3.3 million residential, commercial, public authority, and industrial customers across eight states. The vast network of Atmos Energy, encompassing 73,689 miles of underground distribution and transmission mains, along with 5,645 miles of gas transmission lines, underscores its significant role in the energy infrastructure of the United States.
Regulated Natural Gas Distribution: Atmos Energy's primary offering involves the distribution of natural gas to a broad and diverse customer base. This segment ensures the provision of natural gas to approximately 3.3 million customers, including residential, commercial, public authority, and industrial accounts. The service is marked by its reliability and adherence to regulatory standards, making Atmos a key utility provider in the regions it operates.
Pipeline and Storage Operations: This segment includes the transportation of natural gas for third parties and the management of underground storage facilities. Atmos Energy operates five such facilities in Texas, demonstrating its capacity to support the natural gas supply chain effectively. Additionally, it provides ancillary services that are customary to the pipeline industry. These services include parking arrangements, lending, and inventory sales, facilitating a comprehensive approach to natural gas management and supply.