Atmos Energy: Steady Cash Flow Makes Shares A Long-Term Winner
Atmos Energy Corporation is considered a strong investment due to its stable cash flow and regulated business model. The company has a promising long-term growth outlook of 7% to 8%, bolstered by customer growth and favorable legislative changes. Additionally, Atmos Energy has raised its fiscal year 2024 earnings per share guidance, indicating strong pipeline performance and visibility.
- ▪Atmos Energy is rated a 'Buy' due to its stable and regulated business.
- ▪The company projects a long-term growth rate of 7% to 8%.
- ▪Atmos Energy has raised its FY24 EPS guidance to $8.40-$8.50, reflecting strong pipeline strength.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"Dividends Analysis","item":"https://seekingalpha.com/dividends"},{"@type":"ListItem","position":3,"name":"Dividend Ideas","item":"https://seekingalpha.com/dividends/dividend-ideas"},{"@type":"ListItem","position":4,"name":"Utilities ","item":"https://seekingalpha.com/stock-ideas/utilities"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4909365-atmos-energy-steady-cash-flow-makes-shares-a-long-term-winner"},"author":{"@type":"Person","name":"Seeking…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
