Atmos Energy 2005 Annual Report Download

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2005
aLANDMARKyear
inourHISTORY
A T M O S ฀ E N E R G Y ฀ C O R P O R A T I O N ฀ 2 0 0 5 ฀ S U M M A R Y ฀ A N N U A L ฀ R E P O R T

Table of contents

  • Page 1
    2005 a฀LANDMARK฀year in฀our฀HISTORY A T M O S ฀ E N E R G Y ฀ C O R P O R A T I O N ฀ 2 0 0 5 ฀ S U M M A R Y ฀ A N N UA L ฀ R E P O R T

  • Page 2
    ...year's฀annual฀ report,฀we฀describe฀our฀expanded฀company฀and฀some฀ of฀the฀elements฀that,฀together,฀create฀our฀success.฀฀ Our฀shape฀changed฀significantly฀in฀2005.฀But฀our฀passion฀ and฀values-the฀values฀that฀have฀built฀Atmos฀Energy...

  • Page 3
    ...฀it฀ created฀major฀opportunities฀for฀future฀growth. ฀ Atmos฀Energy's฀gross฀profit฀in฀fiscal฀2005฀doubled฀฀ to฀exceed฀$1฀billion฀for฀the฀first฀time฀in฀our฀company's฀ history.฀Net฀income฀increased฀58฀percent฀to฀a฀record฀ $135...

  • Page 4
    ...฀serve฀the฀ northern฀suburbs฀of฀the฀Dallas-Fort฀Worth฀Metroplex.฀ This฀new฀pipeline฀will฀help฀Atmos฀Energy฀deliver฀ reliable฀natural฀gas฀supplies฀to฀one฀of฀the฀fastest-growing฀ consumer฀markets฀in฀the฀country.฀It฀also฀will฀provide...

  • Page 5
    ...฀of฀our฀natural฀gas฀marketing฀subsidiary.฀JD฀ founded฀Woodward฀Marketing,฀which฀became฀the฀core฀ of฀our฀natural฀gas฀marketing฀segment.฀He฀has฀led฀all฀ our฀nonutility฀operations฀since฀joining฀Atmos฀Energy฀ in฀2001.฀I฀deeply฀thank...

  • Page 6
    ...฀serves฀customers฀from฀the฀new฀ Atmos฀Energy฀call฀center฀in฀Waco,฀Texas.฀ The฀center฀added฀240฀new฀...Dallas-Fort฀Worth฀ alone฀added฀more฀than฀one฀million฀new฀customers฀ to฀the฀Atmos฀Energy฀system. Integrating฀a฀new฀service฀area...

  • Page 7
    ...฀across฀the฀state.฀ Innovative฀thinking฀solved฀a฀rocky฀problem฀for฀Central฀ Texas฀developers.฀Atmos฀Energy฀engineers฀found฀ways฀to฀ run฀pipeline฀through฀the฀area's฀terrain฀of฀hills,฀cliffs฀and฀฀ solid฀rock฀to฀serve฀homebuyers...

  • Page 8
    ...Gate฀Distribution฀Center฀in฀Mesquite,฀Texas,฀ ฀ Danny฀Bowman฀and฀Gerald฀Armstrong฀help฀supply฀customers฀฀ from฀Sherman,฀near฀the฀Red฀River,฀to฀Katy,฀near฀Houston.฀ ฀ A฀major฀hub,฀City฀Gate฀provides฀energy฀to฀six฀power฀plants...

  • Page 9
    ...฀hubs฀in฀three฀major฀market฀centers-Waha฀in฀West฀Texas,฀Carthage฀in฀East฀Texas฀and฀ Katy,฀near฀Houston-connect฀with฀Texas฀intrastate฀pipelines฀and฀interstate฀pipelines฀at฀more฀than฀100฀points.฀ Atmos฀Energy฀fuels฀production฀at฀GM...

  • Page 10
    ...฀during฀the฀winter฀heating฀season. FRAN KLIN TENNESSEE OKLAHOMA ARKANSAS SOUTH CAROLINA LUBBOCK MISSISSIPPI GEORGIA ALABAMA DALLAS J ACKSON LOUISIANA TEXAS BAT ON ฀ROUGE HOUSTON N E W฀ORLE AN S Atmos฀Energy฀Headquarters States฀with฀Both฀Utility฀ and฀Nonutility...

  • Page 11
    ...฀from฀additional฀storage฀capacity฀ and฀greater฀market฀volatility.฀We฀also฀added฀new฀ customers฀in฀a฀number฀of฀areas฀and฀expanded฀into฀four฀ new฀states-Michigan,฀North฀Carolina,฀Pennsylvania฀ and฀West฀Virginia-all฀states฀close฀to฀our...

  • Page 12
    ...฀our฀Annual฀Report฀on฀Form฀10-K.฀Atmos฀ Energy's฀chief฀executive฀officer฀and฀its฀chief฀financial฀ officer฀have฀...฀ ฀ Total฀utility฀revenues฀ Natural฀gas฀marketing฀revenues฀ Pipeline฀and฀storage฀revenues฀ Other฀nonutility฀revenues฀ ...

  • Page 13
    ...911,130 1,722,521 Utility฀segment฀ Natural฀gas฀marketing฀segment฀ Pipeline฀and฀storage฀segment฀ Other฀nonutility฀segment฀ Intersegment฀...,000,000฀shares฀authorized,฀issued฀and฀outstanding: ฀ 2005฀-฀80,539,401฀shares,฀2004฀-฀62,799,710฀shares...

  • Page 14
    ...of฀ Atmos฀Energy฀Corporation฀at฀September฀30,฀2005฀and฀...30,฀ 2005฀(not฀presented฀herein);฀and฀in฀our฀report฀dated฀ November฀16,฀2005,฀we...Flows฀from฀Financing฀Activities ฀ Dallas,฀Texas฀ November฀16,฀2005 ฀ Net฀increase฀(decrease)฀in...

  • Page 15
    ...year฀ Market/Book฀ratio฀at฀end฀of฀year฀ Annualized฀dividend...marketing฀฀ ฀ throughput฀(MMcf)฀ ฀ 238,097฀ Consolidated฀pipeline...฀report฀...2005...฀average฀shareholders'฀equity฀ Number฀of฀employees฀ Net...฀fiscal฀2003,฀energy฀trading฀contracts฀...areas...

  • Page 16
    ...Atmos฀Energy฀Marketing,฀LLC Vice฀President,฀Investor฀Relations J.฀Patrick฀Reddy Richard฀A.฀Erskine Ron฀W.฀McDowell Dwala฀J.฀Kuhn Senior฀Vice฀President฀and฀฀ Chief฀Financial฀Officer President,฀Mid-Tex฀Division President,฀Atmos฀Pipeline-Texas...

  • Page 17
    ...Investment฀Company Denver,฀Colorado Retired฀from฀Board฀in฀1998 Atmos฀Energy฀Corporation's฀Annual฀Report฀on฀Form฀10-K฀is฀ available฀upon฀request฀from฀Shareholder฀Relations,฀Atmos฀ Energy฀Corporation,฀P.O.฀Box฀650205,฀Dallas,฀Texas฀752650205...

  • Page 18
    ...฀ Summary฀Annual฀Report฀and฀other฀company฀documents฀ over฀the฀Internet฀may฀result฀in฀charges฀to฀you฀from฀your฀ Internet฀service฀provider฀or฀telephone฀company. Atmos฀Energy฀Corporation฀฀฀P.O. ฀Box฀650205 ฀฀฀Dallas,฀Texas฀75265...