ATO Stock Summary and Trading Ideas (Atmos Energy | NYSE:ATO)

Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.

Atmos Energy trades on the NYSE stock market under the symbol ATO.

As of February 5, 2025, ATO stock price climbed to $145.06 with 1,179,869 million shares trading.

ATO has a beta of 0.24, meaning it tends to be less sensitive to market movements. ATO has a correlation of 0.03 to the broad based SPY ETF.

ATO has a market cap of $22.54 billion. This is considered a Large Cap stock.

Last quarter Atmos Energy reported $1 billion in Revenue and $2.23 earnings per share. This fell short of revenue expectation by $-174 million and exceeded earnings estimates by $.03.

In the last 3 years, ATO traded as high as $152.65 and as low as $97.71.

The top ETF exchange traded funds that ATO belongs to (by Net Assets): VTI, VOO, VB, VBR, XLU.

ATO has outperformed the market in the last year with a return of +30.4%, while the SPY ETF gained +23.7%. However, in the most recent history, ATO shares have underperformed the stock market with its stock returning +6.0% in the last 3 month period and -0.3% for the last 2 week period, while SPY has returned +6.4% and +0.2%, respectively.

ATO support price is $140.46 and resistance is $144.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATO shares will trade within this expected range on the day.