Atmos Energy
About: Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
Employees: 5,019
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
932% more call options, than puts
Call options by funds: $26.1M | Put options by funds: $2.53M
20% more capital invested
Capital invested by funds: $16.9B [Q2] → $20.3B (+$3.4B) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 266 | Existing positions reduced: 251
5% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 80
1% more funds holding
Funds holding: 721 [Q2] → 725 (+4) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
1.7% less ownership
Funds ownership: 96.21% [Q2] → 94.51% (-1.7%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Wells Fargo Sarah Akers 93% 1-year accuracy 13 / 14 met price target | 8%upside $156 | Overweight Maintained | 16 Oct 2024 |
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 1%downside $144 | Equal-Weight Maintained | 8 Oct 2024 |
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 1%downside $144 | Equal-Weight Maintained | 7 Oct 2024 |
Ladenburg Thalmann Paul Fremont 67% 1-year accuracy 10 / 15 met price target | 4%upside $151 | Buy Maintained | 2 Oct 2024 |
Jefferies Julien Dumoulin-Smith 61% 1-year accuracy 44 / 72 met price target | 7%upside $155 | Hold Initiated | 2 Oct 2024 |
Financial journalist opinion
Based on 10 articles about ATO published over the past 30 days
