Atmos Energy Corp (ATO)
The Company is engaged primarily in the natural gas utility business as well as other natural gas nonutility businesses.
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Utilities rule
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Good stock , Bad weather is a plus.
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While this has not been, (and will not be) a high-flyer by any imaginations, it can slightly outperform when the S&P is going more side-ways.
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It was great fun, but ATO is looking like just one of those stocks that doesn't show the promise and peformance that happened in the Nineties. IMHO I think an investor looking for a pretty stable return might want instead to go with an energy-generating and -selling utility like the newly remodeled Dominion (D), or Southern (SO). So much larger and diversified.
Putting my money where my mouth is, I'll be getting out of ATO in the next few months although that stock has been in portfolio for more than ten years.
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This Company produces, sells and transports Natural gas through one of the largest Pipe Line networks in this Country, and it keeps expanding. To top all this it's a well managed and profient Company.
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Company recently sold stock to pay back debt. Debt could have easily been paid back by cutting back or eliminating the dividend.
Dividend growth has been anemic: $.02 a year for the past 7 years.
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stuck track
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Solid Nat Gas company with a nice yield
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natural gas utility with excellent management. 20 plus years of consecutive divident increases. Largest natural gas only utility in the country.

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