Atmos Energy Corporation Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: A90F49440E3BEN
BAC Reports

Abstracts

Atmos Energy Corporation Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Atmos Energy Corporation and its competitors. This provides our Clients with a clear understanding of Atmos Energy Corporation position in the Utilities Industry.

• The report contains detailed information about Atmos Energy Corporation that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Atmos Energy Corporation. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Atmos Energy Corporation financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Atmos Energy Corporation competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Atmos Energy Corporation business.

About Atmos Energy Corporation

Atmos Energy Corporation engages in the distribution, transmission, and storage of natural gas, as well as other nonregulated natural gas businesses. The company distributes natural gas to residential, commercial, public authority, and industrial customers in the United States.

Through the company’s nonregulated businesses, it primarily provide natural gas management and marketing services to municipalities, other local gas distribution companies, and industrial customers principally in the midwest and southeast, and natural gas transportation along with storage services to certain of its natural gas distribution divisions and third parties.

Segments

The company operates through four segments, including Natural Gas Distribution Segment; Regulated Transmission and Storage Segment; Natural Gas Marketing Segment; and Pipeline, Storage, and Other Segment.

Natural Gas Distribution Segment

The company’s natural gas distribution segment consists of six regulated divisions, which include Atmos Energy Mid-Tex division, Atmos Energy Kentucky/Mid-States division, Atmos Energy Louisiana division, Atmos Energy West Texas division, Atmos Energy Colorado-Kansas division and Atmos Energy Mississippi division. Its primary service areas are located in Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Texas. It has limited service areas in Georgia, Illinois, Iowa, Missouri, and Virginia. In addition, it transports natural gas for others through its distribution system.

Atmos Energy Mid-Tex Division: The company’s Mid-Tex division serves approximately 550 incorporated and unincorporated communities in the north-central, eastern, and western parts of Texas, including the Dallas/Fort Worth Metroplex.

Atmos Energy Kentucky/Mid-States Division: The company’s Kentucky/mid-states division operates in approximately 420 communities across Kacross Georgia, Illinois, Iowa, Kentucky, Missouri, Tennessee, and Virginia. The division serves Franklin, Tennessee and other suburban areas of Nashville.

Atmos Energy Louisiana Division: In Louisiana, the company serves approximately 300 communities, including the suburban areas of New Orleans, the metropolitan area of Monroe, and western Louisiana.

Atmos Energy West Texas Division: The company’s West Texas Division serves approximately 80 communities in West Texas, including the Amarillo, Lubbock, and Midland areas.

Atmos Energy Colorado-Kansas Division: The company’s Colorado-Kansas Division serves approximately 170 communities throughout Colorado and Kansas and parts of Missouri, including the cities of Olathe, Kansas, a suburb of Kansas City and Greeley, Colorado, located near Denver.

Atmos Energy Mississippi Division: In Mississippi, the company serves approximately 110 communities throughout the northern half of the state, including the Jackson metropolitan area.

Regulated Transmission and Storage Segment

The company’s regulated transmission and storage segment consists of the regulated pipeline and storage operations of its Atmos Pipeline — Texas Division. This division transports natural gas to its Mid-Tex division, transports natural gas for third parties, and manages five underground storage reservoirs in Texas. It also provides ancillary services in the pipeline industry, including parking arrangements, lending, and sales of excess gas. Parking arrangements provide short-term interruptible storage of gas on its pipeline. Lending services provide short-term interruptible loans of natural gas from its pipeline.

Natural Gas Marketing Segment

The company’s natural gas marketing activities are conducted through Atmos Energy Marketing (AEM), which is wholly-owned by Atmos Energy Holdings, Inc. (AEH). AEH is a wholly-owned subsidiary of the company and operates in the midwest and southeast areas of the United States.

AEM aggregates and purchases gas supply, arrange transportation, and storage logistics, and deliver gas to customers. In addition, AEM utilizes proprietary and customer-owned transportation and storage facilities to provide various services to its customers, including furnishing natural gas supplies, contract negotiation and administration, load forecasting, gas storage acquisition and management services, transportation services, peaking sales and balancing services, capacity utilization strategies, and gas price hedging through the use of financial instruments.

Pipeline, Storage, and Other Segment

The company’s pipeline, storage, and other segment consists of the operations of Atmos Pipeline and Storage, LLC (APS), which is wholly-owned by AEH. APS engages in nonregulated transmission, storage, and natural gas gathering services. It also owns or controls additional pipeline and storage capacity, including interests in underground storage fields in Kentucky and Louisiana. APS’ primary business is to provide storage and transportation services to its Louisiana and Kentucky/Mid-States regulated natural gas distribution divisions, to its natural gas marketing segment, and to third parties. APS also engages in various asset optimization activities.

Suppliers

The company’s suppliers for Natural Gas Distribution segment were Anadarko Energy Services, BP Energy Company, Devon Gas Services, L.P., Enbridge Marketing (US) L.P., Iberdrola Renewables, Inc., National Fuel Marketing Company, LLC, ONEOK Energy Services Company L.P., Tenaska Marketing, Texla Energy Management, Inc., and Atmos Energy Marketing, LLC, its natural gas marketing subsidiary.

History

Atmos Energy Corporation was founded in 1906.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. ATMOS ENERGY CORPORATION COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. ATMOS ENERGY CORPORATION BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. ATMOS ENERGY CORPORATION SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. ATMOS ENERGY CORPORATION FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. ATMOS ENERGY CORPORATION COMPETITORS AND INDUSTRY ANALYSIS

5.1. Atmos Energy Corporation Direct Competitors
5.2. Comparison of Atmos Energy Corporation and Direct Competitors Financial Ratios
5.3. Comparison of Atmos Energy Corporation and Direct Competitors Stock Charts
5.4. Atmos Energy Corporation Industry Analysis
5.4.1. Utilities Industry Snapshot
  5.4.2. Atmos Energy Corporation Industry Position Analysis

6. ATMOS ENERGY CORPORATION NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. ATMOS ENERGY CORPORATION EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. ATMOS ENERGY CORPORATION ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. ATMOS ENERGY CORPORATION IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. ATMOS ENERGY CORPORATION PORTER FIVE FORCES ANALYSIS²

12. ATMOS ENERGY CORPORATION VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Atmos Energy Corporation Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Atmos Energy Corporation 1-year Stock Charts
Atmos Energy Corporation 5-year Stock Charts
Atmos Energy Corporation vs. Main Indexes 1-year Stock Chart
Atmos Energy Corporation vs. Direct Competitors 1-year Stock Charts
Atmos Energy Corporation Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Atmos Energy Corporation Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Atmos Energy Corporation Key Executives
Atmos Energy Corporation Major Shareholders
Atmos Energy Corporation History
Atmos Energy Corporation Products
Revenues by Segment
Revenues by Region
Atmos Energy Corporation Offices and Representations
Atmos Energy Corporation SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Atmos Energy Corporation Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Atmos Energy Corporation Capital Market Snapshot
Atmos Energy Corporation Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Utilities Industry Statistics
Atmos Energy Corporation Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Atmos Energy Corporation Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?