NEW YORK ( TheStreet) -- The ex-dividend date for Atlas Energy (NYSE: ATLS) is tomorrow, November 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $23.80 as of 10:02 a.m. ET, the dividend yield is 4%.

The average volume for Atlas Energy has been 434,000 shares per day over the past 30 days. Atlas Energy has a market cap of $1.3 billion and is part of the utilities sector and utilities industry. Shares are down 46% year to date as of the close of trading on Tuesday.

Atlas Energy, L.P., a midstream energy service company, engages in the gathering and processing of natural gas in the Mid-Continent and Appalachia regions. The company has a P/E ratio of 38.3, above the average utilities industry P/E ratio of 12 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Atlas Energy as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Atlas Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

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