Atmos Energy Stock | Forecast, Price Target & Outlook 2026

Atmos Energy

NYSE:ATO

$ 183,18

+ $1,63 (0,90%)

183,18 $

+$1,63 (0,90%)

End-of-day quote: 03/26/2026

Atmos Energy Stock Value

Analysts currently give NYSE:ATO a rating of Hold.

Hold

Atmos Energy Company Info

EPS Growth 5Y

9,59%

Market Cap

$30,31 B

Long-Term Debt

$8,93 B

Short Interest

2,80%

Quarterly earnings

05/05/2026 (E)

Dividend

$4,03

Dividend Yield

2,20%

Founded

1906

Industry

Utilities

Country

United States

ISIN Number

US0495601058

Website

http://www.atmosenergy.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$183,50

0.17%

Last Update: 03/27/2026

Analysts: 10

Highest Price Target $197,00

Average Price Target $183,50

Lowest Price Target $165,00

In the last five quarters, Atmos Energy’s Price Target has risen from $95,07 to $126,53 - a 33,09% increase. Twelve analysts predict that Atmos Energy’s share price will increase in the coming year, reaching $183,50. This would represent an increase of 0,17%.

Top growth stocks in the utilities sector (5Y.)

What does Atmos Energy do?

Atmos Energy Corporation and its subsidiaries (Atmos Energy) operate as a natural-gas-only distributor. The company safely delivers abundant natural gas through regulated sales and transportation arrangements to over 3.3 million residential, commercial, public authority, and industrial customers in eight states located primarily in the South. The company also operates one of the largest intrastate pipelines in Texas based on miles of pipe. Operating Segments The company manages and reviews it...

Atmos Energy Corporation and its subsidiaries (Atmos Energy) operate as a natural-gas-only distributor.

The company safely delivers abundant natural gas through regulated sales and transportation arrangements to over 3.3 million residential, commercial, public authority, and industrial customers in eight states located primarily in the South. The company also operates one of the largest intrastate pipelines in Texas based on miles of pipe.

Operating Segments

The company manages and reviews its consolidated operations through the following reportable segments:

The Distribution segment is consisted of the company’s regulated natural gas distribution and related sales operations in eight states.

The Pipeline and Storage segment is primarily consisted of the regulated pipeline and storage operations of the company’s Atmos Pipeline-Texas division and the company’s natural gas transmission operations in Louisiana.

Distribution Segment

The company operates in its service areas under terms of non-exclusive franchise agreements granted by the various cities and towns that the company serves. At September 30, 2024, the company held 1,026 franchises having terms generally ranging from five to 35 years. A number of the company’s franchises expire each year, which require renewal prior to the end of their terms.

Revenues in this operating segment are established by regulatory authorities in the states in which the company operates. In addition, the company transports natural gas for others through the company’s distribution systems.

The company’s supply of natural gas is provided by a variety of suppliers, including independent producers, and marketers. The gas is delivered into the company’s systems by various pipeline companies, withdrawals of gas from proprietary and contracted storage assets, and base load and peaking arrangements, as needed.

Major suppliers during the year ended September 30, 2024 (fiscal 2024) were Cima Energy, LP, ConocoPhillips Company, EnLink Gas Marketing LP, Enterprise Navitas Midstream Midland Basin LLC, Hartree Partners, L.P., Sequent Energy Management LLC, Symmetry Energy Solutions, LLC, Targa Gas Marketing LLC, Tenaska Marking Ventures, and Texla Energy Management, Inc.

The company estimates its peak-day availability of natural gas supply to be approximately 5.3 Bcf. The peak-day demand for the company’s distribution operations in fiscal 2024 was on January 15, 2024, when sales to customers reached approximately 4.3 Bcf.

The company’s distribution divisions utilize 34 pipeline transportation companies, both interstate and intrastate, to transport the company’s natural gas. The natural gas supply for the company’s Mid-Tex Division is delivered primarily by the company’s APT Division.

Pipeline and Storage Segment

The company’s Pipeline and Storage segment consists of the regulated pipeline and storage operations of APT and the company’s natural gas transmission operations in Louisiana. APT is one of the largest intrastate pipeline operations in Texas with a heavy concentration in the established natural gas-producing areas of central, northern, and eastern Texas, extending into or near the major producing areas of the Barnett Shale, the Texas Gulf Coast, and the Permian Basin of West Texas. Through its system, APT provides transportation and storage services to the company’s Mid-Tex Division, other third party local distribution companies, industrial and electric generation customers, marketers, and producers. As part of its pipeline operations, APT owns and operates five underground storage facilities in Texas.

The company’s natural gas transmission operations in Louisiana are consisted of a 21-mile pipeline located in the New Orleans, Louisiana area that is primarily used to aggregate gas supply for the company’s distribution division in Louisiana under a long-term contract, and on a more limited basis, to third parties. The demand fee charged to the company’s Louisiana distribution division for these services is subject to regulatory approval by the Louisiana Public Service Commission. The company also manages two asset management plans that serve distribution affiliates of the company, which have been approved by applicable state regulatory commissions.

Other Regulation

The company is regulated by various state or local public utility authorities. The company is also subject to regulation by the United States Department of Transportation with respect to safety requirements in the operation and maintenance of the company’s transmission and distribution facilities. In addition, the company’s operations are subject to various state and federal laws regulating environmental matters.

The Federal Energy Regulatory Commission (FERC) allows, pursuant to Section 311 of the Natural Gas Policy Act (NGPA), gas transportation services through the company’s APT assets ‘on behalf of’ interstate pipelines or local distribution companies served by interstate pipelines, without subjecting these assets to the jurisdiction of the FERC under the NGPA. Additionally, the FERC has regulatory authority over the use and release of interstate pipeline and storage capacity. The FERC also has authority to detect and prevent market manipulation and to enforce compliance with FERC’s other rules, policies, and orders by companies engaged in the sale, purchase, transportation, or storage of natural gas in interstate commerce. The company has taken the necessary and appropriate steps to comply with these regulations.

The SEC and the Commodities Futures Trading Commission, pursuant to the Dodd–Frank Act, established numerous regulations relating to the U.S. financial markets. The company enacted procedures and modified existing business practices and contractual arrangements to comply with such regulations.

History

Atmos Energy Corporation was founded in 1906. The company was incorporated in 1981.

Atmos Energy Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main sector:** Natural gas supply **TOP 3 markets:** 1. **Texas:** approx. 50% 2. **Louisiana:** approx. 15% 3. **Mississippi:** approx. 10% Atmos Energy Corporation is primarily engaged in the field of natural gas supply. The majority of revenues come from the distribution and delivery of natur...

At which locations are the company’s products manufactured?

**Main production sites:** USA Atmos Energy Corporation is a leading company in the field of natural gas supply in the United States. The company does not produce physical products in the traditional sense, but is mainly involved in the distribution and transportation of natural gas. Atmos Energy...

What strategy does Atmos Energy pursue for future growth?

**Revenue Growth:** 7.8% (estimated 2024) **Infrastructure Investments:** 2.4 billion USD (planned 2024) Atmos Energy Corporation is pursuing a growth strategy that heavily focuses on investments in infrastructure. The company plans to invest around 2.4 billion USD in 2024 to modernize and expa...

Which raw materials are imported and from which countries?

**Main raw material:** Natural gas **Import countries:** USA (mainly domestic production), Canada Atmos Energy Corporation is primarily engaged in the distribution of natural gas. The main raw material for the company is natural gas, which is mostly sourced from domestic sources within the USA....

How strong is the company’s competitive advantage?

**Market share:** 8% in the US natural gas market (2024) **Credit rating:** A (2024, Standard & Poor's) **Dividend yield:** 2.6% (2025) Atmos Energy Corporation has a significant competitive advantage due to its stable market position in the US natural gas market. With a market share of ar...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approx. 85% (2025, estimated) **Insider Purchases/Sales:** No significant transactions reported (2025, estimated) The institutional investor share in Atmos Energy Corporation is traditionally high, as the company is considered a stable utility provider and therefo...

What percentage market share does Atmos Energy have?

**Market share of Atmos Energy Corporation:** Estimate 10% (2025) **Main competitors and their market shares:** 1. **Duke Energy Corporation:** Estimate 15% 2. **Dominion Energy, Inc.:** Estimate 12% 3. **Southern Company:** Estimate 11% 4. **Atmos Energy Corporation:** Estimate 10% 5. **American E...

Is Atmos Energy stock currently a good investment?

**Revenue growth:** 8% (estimated for 2025) **Profit growth:** 6% (estimated for 2025) **Dividend yield:** 2.5% (estimated for 2025) Atmos Energy Corporation has experienced stable revenue and profit growth in recent years. The company benefits from its strong market position in the natural g...

Does Atmos Energy pay a dividend – and how reliable is the payout?

**Dividend yield:** 2.5% (estimated for 2025) **Dividend history:** Continuous payout for over 30 years Atmos Energy Corporation has a long history of dividend payments and is known for its reliability in distribution. The company has consistently increased its dividend over several decades, in...

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Atmos Energy Stock Value

Atmos Energy Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Atmos Energy do?

Atmos Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Atmos Energy Stock Value

Atmos Energy Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Atmos Energy do?

Atmos Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.