Atmos Energy seen as a strong buy with 9.5% annual returns despite recent stock decline.

Atmos Energy remains a recommended buy, targeting about 9.5% long-term annual returns through 7% earnings growth and a 2.6% dividend yield. Its low-risk, fully regulated gas utility model shields it from regulatory challenges affecting electric utilities. The company benefits from customer growth, cost advantages, and quick regulatory recovery of capital expenditures, supporting steady earnings and dividend growth. Strong balance sheet and disciplined capital allocation are expected to drive continued expansion through 2030, despite the stock losing about 8% over the past year amid rising interest rates.

Atmos Energy (ATO) trades at USD 156.77 on Pluang as of Oct 02, 2026 03:13 WIB, near its 52-week low of USD 156.24. The stock shows a slight 1-day gain of 0.21% despite a year-long decline noted in the article. Dividend yield stands at 2.56%, closely matching the 2.6% mentioned, while Pluang order activity is currently 100% sell.