Atmos Energy Corp., founded in 1906 and headquartered in Dallas, Texas, is one of the largest natural gas distribution companies in the United States. The company primarily provides natural gas distribution services to approximately 3 million customers across various states, focusing on safety, reliability, and customer service. Additionally, Atmos Energy engages in the transportation of natural gas through its pipeline network and offers related services designed to enhance energy efficiency for consumers.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Atmos Energy has a robust history of bond issuances, with its first bonds issued in the 1970s to support infrastructure development. Notably, the company issued $400 million in senior notes in 2020, with a competitive yield of around 2.5%, which was favorably received in the market given the low-interest-rate environment. Additionally, the bonds feature a callable option, allowing Atmos to refinance if advantageous conditions arise. In recent news, the company announced plans to issue an additional $300 million in bonds in 2023, aimed at financing investment projects designed to improve service reliability and reduce greenhouse gas emissions.