Atmos Energy Appoints Telisa Toliver to Board

By Bobby Samwell • Monday, September 16 08:16 • Permanent Link

Atmos Energy Corporation (NYSE: ATO) has appointed Telisa Toliver to its board of directors, effective September 10, 2024. Ms. Toliver brings significant experience in the energy sector, having served as General Manager, Renewable Power for Chevron Pipeline and Power, where she led commercial, technical, and operations activities related to the integration of renewable power projects with Chevron's global operations. Prior to this, she held the position of Vice President, Business Development and Strategy for Chevron Pipeline and Power.

Atmos Energy Chairman of the Board, Kim R. Cocklin, expressed confidence in Ms. Toliver's appointment, citing her extensive knowledge in governance, human resource management, supply chain and vendor management, environmental and sustainability issues, risk management, business development, and strategic planning.

Atmos Energy Corporation, which is the country's largest natural gas-only distributor, serves over 3.3 million distribution customers in over 1,400 communities across eight states primarily in the South. The company is focused on modernizing its business and infrastructure while continuing to invest in safety, innovation, environmental sustainability, and communities.

As of the latest financial reporting period, Atmos Energy Corporation reported a total revenue of $2.2 billion, marking a 5% increase from the previous period. Additionally, the company's net income grew by 8.3% to reach $245 million. Moreover, the earnings per share (EPS) also experienced growth, rising by 7% to $1.92.

Atmos Energy's stock price has shown a positive trend, with a 12% increase in the last quarter, reaching $112.50 per share. The company's market capitalization has also experienced growth, reaching $14.6 billion, reflecting a 6% increase from the previous period.

In terms of operational performance, Atmos Energy has expanded its customer base by 4% compared to the prior period, reaching a total of 3.3 million distribution customers. The company has also made significant investments in its infrastructure, with capital expenditures totaling $380 million, demonstrating a 6% increase from the previous period.

Following these announcements, the company's shares moved 1.6%, and are now trading at a price of $136.97. Check out the company's full 8-K submission here.

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