Atmos Energy Corp 2023年度报告

2024 AnnualReport Wesafelydeliverreliable,efficient,andabundantnaturalgastomorethan 3.3millionhomesandbusinesses. Colorado-KansasDivisionDenver,CO AtmosEnergyCorporationHeadquarters,Dallas,TX MississippiDivisionFlowood,MS Kentucky/Mid-StatesDivisionFranklin,TN NaturalgasdistributionareasProprietarystorage Divisionoffices Majorgasdeliveryhubs WahaHub WestTexasDivision Lubbock,TX CarthageHub KatyHub LouisianaDivisionBatonRouge,LA Mid-TexDivision AtmosPipeline-TexasDivisionDallas,TX FinancialHighlights 3.3million+ Regulateddistributionassetsineightstatesserving >3.3millioncustomers $24billion90%|99% ProjectedcapitalexpendituresofEarningonabout90%ofannualabout$24billionthroughfiscalcapitalexpenditureswithin2029;over86%spentonsafetyand6monthsandon99%within reliability.12months. 6%to8% 6%to8%forecastedearningsanddividendspersharegrowththroughfiscal2029. 22|40years 22consecutiveyearsofannualEPSgrowth;40consecutiveyearsofannualdividendgrowth. ThroughSystemandBusinessModernization ConstructiveRegulatoryMechanismsSupportSystemandBusinessModernization $24billion incapitalinvestmentsthrough2029;>86%allocatedtosafety Constructiverate +mechanismsreducingregulatorylag 6%to8% =consolidatedEPS growth RateBase(inbillions) EarningonAnnualInvestments EarningsPerShare $45 $36 $27 $18 $36.0-$38.0 9%1% $12 $10 $8 $6 $4 $9.15-$9.55 $18.8 $16.6 $9 $0 FY2023 Distribution FY2024 FY2029E Within0-6months Within7-12monthsGreaterthan12months 90% $2 $6.83$7.05-$7.25 $0 FY2024 FY2025EFY2029E PipelineandStorage Fiscal2024bytheNumbers $1,043million$2.9billion Netincomeforthefiscalyearof$1,043million,comparedInfiscal2024wespent$2.9billiontomodernizeourwithnetincomeof$886millioninfiscal2023.naturalgasdistributionandtransmissionssystems. $6.83EPS Earningsperdilutedshareinfiscal2024increased12percentcomparedtofiscal2023dilutedearningspershareof$6.10,markingour22ndconsecutiveannualincrease. $3.22pershare Dividendspaidinfiscal2024were$3.22pershare. Infiscal2024,AtmosEnergycontinuedourjourneytobeingthesafestproviderofnaturalgasservices. Weinvested$2.9billionwithabout83percentofthecapitalinvestmentdedicatedtosafetyandreliabilityprojects.Theseinvestmentsnotonlyimprovedthesafetyofourassetsbutalsoourenvironmentalfootprint.And,althoughourcapitalspendinghasincreased,ouraveragemonthlybillremainsoneofthelowestutilitybillsinthehousehold. 850miles Wereplacedapproximately850milesofnaturalgasdistributionandtransmissionpipelinestomakeoursystemevensaferandmorereliable. 98percent54percent OurcustomersupportassociateThepercentageofelectronicbillsandservicetechniciansatisfactionissuedincreasedto54percent.ratingsremainedhighat98percent. 55,000lines Wereplacedapproximately 55,000servicelines. 145,000hours Weconductedapproximately145,000hoursoftechnicaltraininginordertocontinuetoprovidesafeandreliableservice. 59,000residentialcustomers Weaddedover59,000newresidentialcustomersandapproximately3,500commercialand39industrialcustomers. LetterToOurStakeholders AMessagefromLeadership InFiscal2024,wecontinuedtoexecuteourproveninvestmentstrategyofoperatingsafelyandreliablywhilewemodernizeournaturalgasdistribution,transmission,andstoragesystems. Fiscal2024markedAtmosEnergy’s40thanniversaryasanindependentcompany.All5,200employeesatAtmos EnergyproudlyserveourcustomersandcommunitiesaswecontinuetobeguidedbythesimplevaluesofourfoundingChairman,CharlesK.Vaughan:honesty,integrity,andgoodmoralcharacter. Duringtheyear,weinvested$2.9billionwithapproximately83percentofthatcapitalinvestmentdedicatedtosafetyandreliabilityprojects.Wealsoreplacedover850milesof distributionandtransmissionmainsand55,000servicelines.Ourcapitalinvestmentspendingprogramalsosupportedthestrongeconomicdevelopmentwecontinuetoseeacrossourserviceterritories.Infiscal2024,weaddedover59,000newresidentialandcommercialcustomerswithover46,000ofthosenewcustomerslocatedinTexas.Inaddition,wesawrobustcommercialandindustrialcustomergrowthasweaddednearly3,500newcommercialcustomersand39industrialcustomers.Thisgrowingnaturalgasdemandfromallourcustomerclassescontinuestodemonstratethevitalrolenaturalgashasineconomicdevelopmentacrossourserviceterritories. FinancialPerformance Earningsperdilutedshareforfiscal2024roseforthetwenty-secondconsecutiveyearto$6.83,whichwasa12percentincreaseoverfiscal2023,andourdividendincreasedforthefortiethyearinarowto$3.22pershare,an8.8percentincreaseovertheprioryear.Netincomewas$1,043million,ofwhich ourdistributionoperationscontributed64percent.Duringfiscal2024,weimplemented$376millioninannualizedoperatingincomeincreases.Additionally,weraisedapproximately$2.0billionoflong-termdebtandequityfinancinginfiscal2024thatweusedtosupportourcapitalspendingprogramandmaintainourfinancialprofile.Wealsorenewedourprimaryfive-year$1.5billioncreditfacilityandreplacedourformerthree-year$900millioncreditfacilitywithanewthree-year$1.5billioncreditfacilitythatwillsupportouroperations.Wefinishedthefiscalyearwithastrongfinancialpositionwithtotalavailableliquidityof$4.8billionandanequitycapitalizationof