Today it was reported that a Director at Atmos Energy Corp (NYSE: ATO), Richard W. Douglas, exercised options to buy 37,739 ATO shares at $92.19 a share, for a total transaction value of $3.48M.
This recent transaction increases Richard W. Douglas’ holding in the company by 1062.47% to a total of $3.8 million.
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Based on Atmos Energy Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.22 billion and quarterly net profit of $179 million. In comparison, last year the company earned revenue of $527 million and had a net profit of $70.73 million. ATO’s market cap is $10.21B and the company has a P/E ratio of 16.75. Currently, Atmos Energy Corp has an average volume of 371.8K.
Six different firms, including Argus Research and Hilliard Lyons, currently also have a Buy rating on the stock.
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Atmos Energy Corp. engages in the regulated natural gas distribution and pipeline and storage businesses. It operates its business through the following business segments: Distribution, Pipeline and Storage, and Natural Gas Marketing. The Distribution segment comprises regulated natural gas distribution and related sales operations in eight states.
