Atmos Energy Corporation (ATO)
ATO Price and Sentiment
ATO Latest news
The debt ceiling crisis has helped cause a healthy pullback but could result in a 10% to 20% correction in the next few weeks.
Atmos Energy provides natural gas to over 3 million customers in eight states. This is a recession-resistant business model that's helped it raise its dividend for 37 consecutive years.
While the market rebounded smartly from the late September selling spree, where we finally reached a 5% decline after nearly a year without one, storm clouds are on the horizon once again.
DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) will host a conference call on Thursday, November 11, 2021, at 10:00 a.m. Eastern to review the company's Fiscal 2021 year-end and fourth quarter financial results. Atmos Energy will release these results on Wednesday, November 10, 2021, following the market close. To listen to the conference call, please dial either the toll-free or international number provided below. You may also listen to the call on the Atmos Energy website at w
Ryan Kelley, chief investment officer at Hennessy Funds and portfolio manager at the Hennessy Gas Utility Fund, joins The Exchange to discuss the natural gas market and energy overall.
I discuss three utilities that are trading below their fair value estimates based on P/E ratio and have dividend yields higher than their trailing 5-year average. The utilities were negatively impacted by COVID-19 and are also facing their own individual operational challenges.
Monthly Review Of DivGro: September 2021
In a low-interest-rate environment where inflation is eating up the returns from bonds, going for income-paying equities seems like an opportune choice. Dividend Aristocrats could thus be attractive. Valuations should be considered, however, and some of these companies look overly expensive today, while others are trading at favorable valuations.
In 2019, I wrote two articles detailing the unsustainable, debt-fueled bubble that is Chinese real estate. The probable collapse of Chinese real estate developer Evergrande could be the first of many dominoes to fall for the Chinese economy.
While there's talk of a market bubble, the situation at individual stock share price levels is very mixed. Atmos Energy past EPS growth of ~8% per year has supported a relatively high P/E multiple compared to peers.