Atmos Energy Corporation Prices Common Stock Offering of 8,000,000 Shares

DALLAS--(BUSINESS WIRE)--

Atmos Energy Corporation ATO said today a public offering of 8,000,000 shares of its common stock was priced at $44.00 per share to yield gross proceeds of $352.0 million.

Atmos Energy has granted the underwriters an option to purchase up to an additional 1,200,000 shares at the public offering price to cover overallotments, if any, for a period of 30 days.

Atmos Energy intends to use the net proceeds of approximately $339.3 million (excluding any overallotment option) from this offering primarily to repay short-term debt outstanding under its $950 million commercial paper program, fund infrastructure spending to enhance the safety and reliability of the company's system and for general corporate purposes. J.P. Morgan, Goldman, Sachs & Co. and Morgan Stanley are acting as joint book-running managers for the offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make an offer, solicitation or sale in such jurisdiction. The public offering is being made pursuant to an effective shelf registration statement that has been filed with the Securities and Exchange Commission, or SEC. Copies of the prospectus and prospectus supplement relating to the shares of common stock offered in the offering may be obtained by contacting any of the following underwriters:

J.P. Morgan
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 866-803-9204

Goldman, Sachs & Co.
Prospectus Department
200 West Street
New York, NY 10282
Telephone: 866-471-2526
Facsimile: 212-902-9316
Email: prospectus-ny@ny.email.gs.com

Morgan Stanley
180 Varick Street, Second Floor
New York, New York 10014
Attention: Prospectus Department

Forward-Looking Statements

The matters discussed in this news release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this news release are forward-looking statements made in good faith by the company and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. When used in this news release or in any of the company's other documents or oral presentations, the words “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “objective,” “plan,” “projection,” “seek,” “strategy” or similar words are intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in this news release, including the risks and uncertainties relating to regulatory trends and decisions, the company's ability to continue to access the capital markets and the other factors discussed in the company's reports filed with the Securities and Exchange Commission. These factors include the risks and uncertainties discussed in the company's Annual Report on Form 10-K for the fiscal year ended September 30, 2013 and in the company's Quarterly Report on Form 10-Q for the three months ended December 31, 2013. Although the company believes these forward-looking statements to be reasonable, there can be no assurance that they will approximate actual experience or that the expectations derived from them will be realized. The company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise.

About Atmos Energy

Atmos Energy Corporation, headquartered in Dallas, is one of the country's largest natural-gas-only distributors, serving over three million natural gas distribution customers in over 1,400 communities in eight states from the Blue Ridge Mountains in the East to the Rocky Mountains in the West. Atmos Energy also manages company-owned natural gas pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas and provides natural gas marketing and procurement services to industrial, commercial and municipal customers primarily in the Midwest and Southeast.