Atmos is locked in a vicious cycle, he says. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.03 and a quick ratio of 0.94. Kesler Norman & Wride LLC's holdings in Atmos Energy were worth $1,740,000 at the end of the most recent quarter. Click the Home Service tab at the top of the page. Atmos Energy Account Center Atmos Energy (NYSE:ATO - Get Rating) last posted its quarterly earnings data on Wednesday, February 8th. I contacted Atmos and also Sandeep Gupta, a financial analyst who in the past has helped me understand the convoluted gas monopoly. After a 40% Drop, Analysts Remain Bullish on Impinj, Visa Charges Higher After Better-Than-Expected Q2 Report, onsemi Puts A Bottom in Chip Stocks, Heads For New Highs, Checkpoint Software Leads Cyber-Security Stocks. A number of other large investors have also modified their holdings of ATO. Click the link in the email we sent to to verify your email address and activate your job alert. (Almost) Everything You Need To Know About The EV Market. All Rights Reserved. Citigroup increased their price target on shares of Atmos Energy from $107.00 to $125.00 and gave the company a "neutral" rating in a research note on Tuesday, February 14th. Lubbock, TX 8d. The company buys gas at a wholesale rate and passes that price on to customers without any markup. I also learned that we customers cover more than half of Atmos capital spending needs. We're investing approximately $2 billion a year in system upgrades to provide our customers with safe and reliable natural gas service for generations to come. Oh, Gupta, the analyst from Plano. Atmos Energy Corporation (ATO) Stock Price, News, Quote & History They studied gas explosions in two dozen homes served by Atmos. Feb 16, 2023. This button displays the currently selected search type. No reason a utility like this with a stable customer base and flat to declining revenues should see its stock price double over the last five years. (It went from $60 to $120.). doxo enables secure bill payment on your behalf and is not an affiliate of or endorsed by Atmos Energy. Well, no, not exactly. The other guy you mentioned what did he say?