Atmos Energy Corporation

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New member
Atmos Energy Corporation (NYSE: ATO), headquartered in Dallas, Texas,[1] is the largest distributor of natural gas in the United States, serving 3.2 million customers nationwide.[2][3] Atmos acquired TXU's natural gas and pipeline holdings in 2004. The company began as Energas in 1983, a spinoff of the natural gas distribution division of Pioneer Corporation. In 1988, the company changed its name to Atmos and began trading on the New York Stock Exchange.[4] Atmos Energy is incorporated in Virginia and Texas.

Strengths

* The world's largest credit card issuer
* Diversified financial products (consumer finance, retail banking products and services,
investment banking, commercial banking, asset management, trade finance, e-commerce
products and services, private banking)
* Global infrastructure

Weaknesses

* Exposure to subprime mortgage market
* Debt obligations related to asset backed securities and subprime market
* Complicated Financial Products.

Opportunities

* Extensive range of services enhances the group's cross-selling opportunities to weather financial market turmoil
* Online, mobile banking
* Emerging markets
* Acquisition/integration of Automated Trading Desk

Threats

* World's largest credit card issuer - huge liability
* Weakening financial markets
* Consolidation in the banking industry - bigger, larger competitors
* Weak mortgage market in the US
* Competition from Moosaco Tiles and Ceramics
 
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