Atmos Energy Q1 2025 Update
Ticker: ATO · Form: 10-Q · Filed: Feb 4, 2025 · CIK: 731802
| Field | Detail |
|---|---|
| Company | Atmos Energy CORP (ATO) |
| Form Type | 10-Q |
| Filed Date | Feb 4, 2025 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, earnings, natural-gas
TL;DR
Atmos Energy's Q1 2025 filing is out, showing segment performance for the quarter ending Dec 31, 2024.
AI Summary
Atmos Energy Corp. reported its first quarter results for the period ending December 31, 2024. The company's filing details financial performance across its Distribution and Pipeline & Storage segments, with specific figures for revenue, operating income, and other key financial metrics for the quarters ended December 31, 2024, and December 31, 2023.
Why It Matters
This filing provides investors with a quarterly update on Atmos Energy's financial health and operational performance, crucial for understanding the company's trajectory in the natural gas distribution sector.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags or significant new risks disclosed.
Key Numbers
- 2024-12-31 — Q1 2025 End Date (Marks the end of the first fiscal quarter for Atmos Energy.)
- 2023-12-31 — Q1 2024 End Date (Provides a comparative period for the Q1 2025 results.)
Key Players & Entities
- Atmos Energy Corp. (company) — Filer of the 10-Q report.
- December 31, 2024 (date) — End of the reporting period for the first quarter.
- December 31, 2023 (date) — Prior period comparison for the first quarter.
- Dallas, TX (location) — Company's business and mailing address.
FAQ
What were the total revenues for the Distribution segment in Q1 2025?
The filing indicates data for the Distribution Segment for the period 2024-10-01 to 2024-12-31, but specific dollar amounts for revenue are not detailed in this excerpt.
How did the Pipeline and Storage segment perform in Q1 2025 compared to Q1 2024?
The filing provides comparative periods for the Pipeline and Storage Segment for 2024-10-01 to 2024-12-31 and 2023-10-01 to 2023-12-31, suggesting a comparison is available within the full document.
What is Atmos Energy's fiscal year end?
Atmos Energy's fiscal year ends on September 30 (0930).
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for Atmos Energy Corp. is 4924, which corresponds to Natural Gas Distribution.
When was the company formerly known as Energas Co.?
The company was formerly known as Energas Co. and the date of the name change was October 24, 1988.
Filing Stats: 4,447 words · 18 min read · ~15 pages · Grade level 17.7 · Accepted 2025-02-04 16:43:09
Filing Documents
- ato-20241231.htm (10-Q) — 1381KB
- ato20241231ex-15.htm (EX-15) — 3KB
- ato20241231ex-31.htm (EX-31) — 18KB
- ato20241231ex-32.htm (EX-32) — 11KB
- 0000731802-25-000006.txt ( ) — 8369KB
- ato-20241231.xsd (EX-101.SCH) — 54KB
- ato-20241231_cal.xml (EX-101.CAL) — 66KB
- ato-20241231_def.xml (EX-101.DEF) — 274KB
- ato-20241231_lab.xml (EX-101.LAB) — 635KB
- ato-20241231_pre.xml (EX-101.PRE) — 461KB
- ato-20241231_htm.xml (XML) — 1527KB
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements ATMOS ENERGY CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS December 31, 2024 September 30, 2024 (Unaudited) (In thousands, except share data) ASSETS Property, plant and equipment $ 26,675,943 $ 25,848,083 Less accumulated depreciation and amortization 3,713,900 3,643,716 Net property, plant and equipment 22,962,043 22,204,367 Current assets Cash and cash equivalents 584,536 307,340 Restricted cash and cash equivalents 4,870 1,516 Cash and cash equivalents and restricted cash and cash equivalents 589,406 308,856 Accounts receivable, net 628,871 365,882 Gas stored underground 153,034 169,508 Other current assets 456,816 288,068 Total current assets 1,828,127 1,132,314 Securitized intangible asset, net (See Note 9) 80,580 82,844 Goodwill 731,257 731,257 Deferred charges and other assets 895,086 1,043,683 $ 26,497,093 $ 25,194,465 CAPITALIZATION AND LIABILITIES Shareholders' equity Common stock, no par value (stated at $ 0.005 per share); 200,000,000 shares authorized; issued and outstanding: December 31, 2024 — 158,726,065 shares; September 30, 2024 — 155,258,845 shares $ 794 $ 776 Additional paid-in capital 7,864,525 7,474,559 Accumulated other comprehensive income 482,138 465,715 Retained earnings 4,433,024 4,216,619 Shareholders' equity 12,780,481 12,157,669 Long-term debt, net 8,413,374 7,783,646 Securitized long-term debt (See Note 9) 76,871 76,871 Total capitalization 21,270,726 20,018,186 Current liabilities Accounts payable and accrued liabilities 453,045 445,397 Other current liabilities 701,915 750,620 Current maturities of long-term debt 11,681 1,651 Current maturities of securitized long-term debt (See Note 9) 8,207 8,207 Total current liabilities 1,174,848 1,205,875 Deferred income taxes 2,674,678 2,593,342 Regulatory excess deferred taxes 173,001 177,315 Regulatory cost of removal obligation 520,190 507,815 Deferred credits and other liabilities 683,650 691,932 $ 26,497,