Atmos Energy Corp 2023年度报告

2024Annual Report Atmos Energy at a Glance We safely deliver reliable, efficient, and abundant natural gas to more than3.3 million homes and businesses. Financial Highlights 3.3 million + 90% | 99% $24 billion Projected capital expenditures ofabout$24 billionthrough fiscal2029; over86%spent on safety andreliability. Regulated distribution assets ineight states serving>3.3 million customers Earning on about90%of annualcapital expenditures within6 months and on99%within12 months. 22 | 40 years 6% to 8% 6%to8%forecasted earnings anddividends per share growth throughfiscal 2029. 22 consecutive yearsof annualEPS growth;40 consecutiveyearsof annual dividend growth. Earnings Growth Through System and Business Modernization Constructive Regulatory Mechanisms Support System andBusiness Modernization $24 billionin capital investments through2029; >86% allocated to safety Constructive ratemechanisms reducingregulatory lag Fiscal 2024 by the Numbers $2.9 billion $1,043 million Net income for the fiscal year of$1,043 million, comparedwith net income of $886 million in fiscal 2023. In fiscal 2024 we spent$2.9 billionto modernize ournatural gas distribution and transmissions systems. $6.83 EPS $3.22 per share Dividends paid in fiscal 2024 were$3.22 per share. Earnings per diluted share in fiscal 2024 increased12 percentcompared to fiscal 2023 diluted earningsper share of$6.10, marking our 22nd consecutiveannual increase. In fiscal 2024, Atmos Energy continued our journey to being the safestprovider of natural gas services. We invested $2.9 billion with about 83 percent of the capital investment dedicated to safety and reliability projects. Theseinvestments not only improved the safety of our assets but also our environmental footprint. And, although our capital spendinghas increased, our average monthly bill remains one of thelowest utility billsin the household. 850 miles 54 percent 98 percent We replaced approximately850 milesof natural gasdistribution and transmissionpipelines to make our systemeven safer and more reliable. Our customer support associateand service technician satisfactionratings remained high at98 percent. The percentage of electronic billsissued increased to54 percent. 55,000 lines 59,000 residentialcustomers 145,000 hours We conducted approximately145,000 hoursof technical trainingin order to continue to provide safeand reliable service. We replaced approximately55,000service lines. We added over59,000 newresidential customersandapproximately3,500 commercialand39 industrial customers. Letter To Our Stakeholders A Message from Leadership In Fiscal 2024, we continued to execute our proven investment strategy of operating safely and reliablywhile we modernize our natural gas distribution, transmission, and storage systems. our distribution operations contributed 64 percent. During fiscal2024, we implemented $376 million in annualized operatingincome increases. Additionally, we raised approximately $2.0billion of long-term debt and equity financing in fiscal 2024 thatwe used to support our capital spending program and maintainour financial profile. We also renewed our primary five-year $1.5billion credit facility and replaced our former three-year $900million credit facility with a new three-year $1.5 billion creditfacility that will support our operations. We finished the fiscalyear with a strong financial position with total available liquidityof $4.8 billion and an equity capitalization of 61 percent. Fiscal 2024 marked Atmos Energy’s 40th anniversary asan independent company. All 5,200 employees at AtmosEnergy proudly serve our customers and communities as wecontinue to be guided by the simple values of our foundingChairman, Charles K. Vaughan: honesty, integrity, and goodmoral character. During the year, we invested $2.9 billion with approximately83 percent of that capital investment dedicated to safetyand reliability projects. We also replaced over 850 miles ofdistribution and transmission mains and 55,000 service lines.Our capital investment spending program also supported thestrong economic development we continue to see across ourservice territories. In fiscal 2024, we added over 59,000 newresidential and commercial customers with over 46,000 of thosenew customers located in Texas. In addition, we saw robustcommercial and industrial customer growth as we added nearly3,500 new commercial customers and 39 industrial customers.This growing natural gas demand from all our customer classescontinues to demonstrate the vital role natural gas has ineconomic development across our service territories. Making a Difference Through our Fueling Safe and Thriving Communities campaign,our employees made a difference in the communities wherethey live and work by collaborating with local school districtsand education foundations to promote childhood literacy,supporting first responders and healthcare workers, and helpingour communities stay warm. Over the last fiv