This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Atmos Energy CEO Discusses F42011 Results - Earnings Call Transcript

Stocks in this article: ATO

Atmos Energy (ATO)

F42011 Earnings Call

November 10, 2011 10:00 AM ET

Executives

Susan Giles - VP, IR

Kim Cocklin - President and CEO

Fred Meisenheimer - SVP and CFO



Analysts



Ted Durbin - Goldman Sachs

Mark Barnett - Morningstar

Amit Marwaha - Citi

Peter Hark - Talon Capital



Presentation



Susan Giles

Good morning everyone. Thank you all for joining us. This call is open for the general public and media but confined for financial analysts. It is being webcast live over the internet. We have placed additional slides in an appendix for those that on our website. We will not speak to them directly but are happy to take questions after our prepared remarks. If you would like to access the webcast and slides, please go to our website at atmosenergy.com and click on the conference call link.

Our speakers today are Kim Cocklin, President and CEO and Fred Meisenheimer, Senior Vice President and CFO. There are other members of the leadership team here to discuss your questions as needed. As we review this financial results and discuss future expectations, please keep in mind that some of our discussion might contain forward-looking statements and are intended to follow them with Safe Harbor rules and the Private Securities Litigation Reform 1995. With that, I’ll like to turn the call over to Kim Cocklin.

Kim Cocklin



Thank you Susan and good morning everyone and thank you very much for taking time out of your busy schedule to join us. Certainly appreciate that and we appreciate your interest in Atmos Energy. Yesterday as you are aware, we recorded earnings of $2.27 for diluted share for fiscal '11 which represents very importantly the ninth consecutive year of earnings per share growth for Atmos Energy. Additionally, our Board of Directors declared the 112 consecutive quarterly dividends and weighed the annual dividend by $0.02. Making the indicated annual dividend for fiscal '12, $1.38. We had a very good year at Atmos Energy in 2011. The excellent financial performance in the regulated operations was primarily from the execution of the regulatory strategy again and in fiscal 2011 we did achieve over $7 million from authorized rate outcomes.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs