Background
Atmos Energy, the largest pure natural gas distributor in the United States, delivers natural gas to 3.2 million residential, commercial, industrial, agricultural, and public-authority customers. Its regulated utility services are provided to more than 1,600 communities in 12 states.
Atmos Energy has grown from 279,000 customers in 1983 mainly by acquiring utility assets. Its most recent acquisition was the distribution and pipeline operations of TXU Gas Company in October 2004. Atmos Energy is the largest natural gas utility in Texas. Atmos Energy is also the largest natural gas distributor in Louisiana and Mississippi.
Atmos Energy is known as one of the most efficient natural gas utilities in the industry. In 2006, the company served 723 utility customers per utility employee, as compared with an average of 532 customers per employee served by its peer group. The company’s utility operation and maintenance expense of $112 per customer in fiscal 2006 was also lower than its peer group average of $218 per customer.
Atmos Energy's nonutility operations are ranked as one of the leading domestic mid-tier gas marketers. The company markets natural gas supplies to industrial customers and municipalities in 22 states, arranges for gas transportation and management services and manages company-owned gas storage and pipeline assets, including one of the largest intrastate natural gas pipelines in Texas.
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