Atmos Energy Corp
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Utilities : Gas Utilities | Mid Cap Value
Company profile

Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services. Its nonregulated businesses provide natural gas management, transportation and storage services to local gas distribution companies, including certain of its natural gas distribution divisions and industrial customers in the Midwest and Southeast. It also manages its natural gas pipeline and storage assets, including its intrastate natural gas pipeline systems in Texas.

Premarket

Last Trade
Delayed
$95.25
0.00 (0.00%)
Bid
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B/A Size
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Market Hours

Closing Price
$95.25
Day's Change
0.00 (0.00%)
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Day's Low
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Volume
(Light)
Volume:
3

10-day average volume:
953,386
3

Oracle confirms it's part of TikTok bid proposal submitted to Treasury Department

10:23 am ET September 14, 2020 (MarketWatch)
Print

Oracle Corp. (ORCL) confirmed Monday that its name was submitted by TikTok parent ByteDance to serve as the "trusted technology provider" for TikTok, in a proposal given to the Treasury Department. Oracle's statement, which was issued in a two-sentence press release, came after Treasury Secretary Steven Mnuchin said that the Trump Administration would review the proposal this week. The Wall Street Journal reported over the weekend that Oracle had beaten out Microsoft Corp. (MSFT) for TikTok's U.S. operations but that the deal was "likely not to be structured as an outright sale." The Trump Administration has threatened to shut down access to TikTok in the U.S., citing national security concerns, if the U.S. portion of the business isn't sold to a domestic player. The deadline for that sale is Sept. 20. Oracle shares were halted earlier in the session but were up 4.3% in the first few minutes of Monday morning trading before the halt. The stock has rallied 15% over the past three months as the S&P 500 has risen 12%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 14, 2020 10:23 ET (14:23 GMT)

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