Origins
The origins of Atmos Energy comes from Amarillo Gas Company which was founded by brothers Frank and J.C. Storm in 1906 . It was founded in order to manufacture coal gas on the Texas frontier. In 1918, it discovered the largest natural gas field in the world, and hence subsequently Amarillo changed its focus to the production of natural gas. Two years later it delivered its first locally produced natural gas.
In 1924, Amarillo Gas, Amarillo Oil and other businesses became part of a new public utility holding company, Southwestern Development Company. Over the years, through various business combinations and mergers, the company became known as Pioneer Corporation, a large diversified West Texas energy company. In 1983, Energas, the natural gas distribution division of Pioneer, was spun off and became an independent, publicly held natural gas distribution company. In October 1988, Energas changed its corporate name to Atmos Energy Corporation and its stock began trading on the New York Stock Exchange under the ticker symbol ATO.
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Famous quotes containing the word origins:
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—W. T. Lhamon, U.S. educator, critic. “Material Differences,” Deliberate Speed: The Origins of a Cultural Style in the American 1950s, Smithsonian (1990)