Atmos Energy (ATO) official guidance

Currently, we have seven filings in progress, seeking nearly $334 million in annualized operating income increases. We expect to implement most of this amount in the first quarter of fiscal 2027.

We remain on track to spend approximately $4.2 billion in capital expenditures for fiscal 2026.

With the tightening of the spreads, I would say we're probably going to be in the lower end of that range at this point in that $0.08-$0.12.

Yesterday, we reported year-to-date fiscal 2026 net income of $1.2 billion or $7.33 per diluted share, and we reaffirmed our earnings per share guidance in the range of $8.40-$8.50.

As we said at the end of the second quarter, we are anticipating launching a 6%-8% earnings per share growth off of our current range or guidance range of $8.40-$8.50.

We now expect fiscal 2026 O&M, excluding bad debt expense, to be in the range of $875 million-$885 million.

The company's Board of Directors has declared a quarterly dividend of $1.00 per common share. The indicated annual dividend for fiscal 2026 is $4.00, which represents a 14.9% increase over fiscal 2025.

Currently, we have 13 filings in progress seeking nearly $600 million in annualized operating income increases. We expect to implement approximately 40% of this amount primarily during our third fiscal quarter.

Yeah. I think we stated for a while now that we're gonna grow the earnings per share at a 6%-8% range and commensurately grow the dividend, and that's where we're gonna continue to go as we move forward.

Going forward, we were still guiding in that 6%-8% off of as you mentioned earlier, a new range of $8.40-$8.50. The impact is in our five-year guidance is reflective of that as well.

We anticipate our interest expense to be in a new range of $155 million-$160 million.

We estimate this impact will range from $155 million-$165 million for the entire fiscal year, including the deferral of incurred post and service carrying costs, depreciation, and ad valorem taxes.

Additionally, we rebased the fiscal 2026 annual dividend to $4 per share, and we plan to grow our dividend in line with our earnings per share growth of 6%-8% annually.

Of this amount, approximately $15 billion is planned in our Texas distribution division, and approximately $6 billion is planned at APT as it continues to focus on gas supply reliability and supply diversification while fortifying its system to support the growth of its LDC customers.

Approximately $21 billion, or 80% of our total planned capital spending, is expected to be incurred in Texas.

Of this amount, approximately $15 billion is planned in our Texas distribution division, and approximately $6 billion is planned at APT as it continues to focus on gas supply reliability and supply diversification while fortifying its system to support the growth of its LDC customers.

Turning to our updated five-year plan through fiscal 2030, focus continues to be on safety and reliability through system modernization, being mindful of customer affordability, timely recovery of our costs through our various regulatory mechanisms, and maintaining a strong balance sheet. Following our robust five-year planning process, we plan to invest $26 billion, with approximately 85% of that planned investment allocated to safety and reliability.

Over the next five years, we are planning approximately $26 billion in capital spending, with over 85% of our capital allocated to safety and reliability spending.

Approximately $21 billion, or 80% of our total planned capital spending, is expected to be incurred in Texas.

We intend to grow the dividend 6%-8% over the next five years.