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Atmos Energy Corporation(ATO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ATO
09/16/2026: ATO (2-star) is currently NOT-A-BUY. Pass it for now.
Atmos Energy is a large, regulated natural gas utility focused primarily on distribution and pipeline infrastructure, particularly within the high-growth Texas market. The company is known for its steady, regulated cash flows and a long-standing history of consistent dividend increases, making it a reliable option for income-focused investors. While its pure-play focus on natural gas provides operational simplicity, it faces long-term risks from the broader industry trend toward electrification and energy transition. Success for Atmos depends on its ability to maintain favorable regulatory relationships and manage significant capital investments efficiently. Investors should monitor state regulatory outcomes and interest rate trends as key indicators of the company’s future financial health.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | Utility stocks typically offer lower growth rates compared to tech or industrial growth sectors. |
| Momentum investor | Weak fit | Utility stocks rarely exhibit the high-volatility price surges favored by momentum traders. |
| Value investor | Mixed fit | Atmos often trades at a premium multiple due to its perceived safety and consistent regulatory model. |
| Dividend investor | Strong fit | Atmos has a multi-decade record of consecutive dividend increases, making it a staple for income-focused portfolios. |
| Low-risk investor | Strong fit | The regulated nature of the business model provides predictable earnings and lower volatility relative to the broader market. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Regulated utilities typically experience less stock price volatility than the broader market. |
| Valuation risk | Medium | Utility stocks can face valuation pressure when interest rates rise, making bond yields more competitive. |
| Competition risk (Electrification) | Medium / high | The push toward electrification of home heating could reduce the long-term utility of gas distribution infrastructure. |
| Business quality | Strong | The company has a long history of stable operations and consistent regulatory support. |
| Dividend income | Strong | The dividend is backed by highly predictable cash flows from regulated utility operations. |
| Execution risk | Medium | The company must manage large, ongoing capital expenditure projects to replace aging infrastructure. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 20.92% | Avg. Invested days 56 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/16/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 27.38B USD | Price to earnings Ratio 19.52 | 1Y Target Price 186.55 |
Price to earnings Ratio 19.52 | 1Y Target Price 186.55 | ||
Volume (30-day avg) 970.5K shares | Beta 0.59 | 52 Weeks Range 156.47 - 190.28 | Updated Date 09/16/2026 |
52 Weeks Range 156.47 - 190.28 | Updated Date 09/16/2026 | ||
Dividends yield (FY) 2.36% | Basic EPS (TTM) 8.3 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Regulated Distribution | Delivering natural gas to residential and commercial customers across eight states. | This is the primary revenue driver, providing predictable income from monthly utility bills. |
| Pipeline and Storage | Transporting and storing natural gas for industrial and third-party utility customers. | A supplementary segment that leverages the existing infrastructure for additional fee-based revenue. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 19.52 | Forward PE 18.32 | Enterprise Value 37.49B | Price to Sales(TTM) 5.56 |
Enterprise Value 37.49B | Price to Sales(TTM) 5.56 | ||
Enterprise Value to Revenue 7.62 | Enterprise Value to EBITDA 14.02 | Shares Outstanding 168.99M | Shares Floating 168.20M |
Shares Outstanding 168.99M | Shares Floating 168.20M | ||
Percent Insiders 0.4 | Percent Institutions 97.77 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Atmos Energy Corporation
Exchange NYSE | Headquarters Dallas, TX, United States | ||
IPO Launch date 1987-01-01 | CEO, President & Director Mr. John Kevin Akers | ||
Sector Utilities | Industry Utilities - Regulated Gas | Full time employees 5487 | Website https://www.atmosenergy.com |
Full time employees 5487 | Website https://www.atmosenergy.com | ||
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.4 million residential, commercial, public authority, and industrial customers; and owned 76,000 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,700 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is based in Dallas, Texas.
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