Atmos Energy Distribution segment — Purchased gas cost increased by 75.2% to $870.91M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.1%, from $969.04M to $870.91M.
An increase reflects rising commodity market prices, while a decrease reflects lower market prices or reduced volume requirements.
This represents the direct costs incurred by the distribution segment to procure natural gas supplies for resale to cust...
Commonly referred to as 'Cost of Gas' or 'Purchased Gas Expense' among natural gas utility peers.
ato_segment_distribution_segment_purchased_gas_cost| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q2 '23 | Q2 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $552.58M | $552.58M | $552.58M | $552.58M | $206.05M | $179.51M | $422.57M | $969.04M | $255.88M | $206.83M | $497.04M | $870.91M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -62.7% | -12.9% | +135.4% | +129.3% | -73.6% | -19.2% | +140.3% | +75.2% |
| YoY Change | — | — | — | — | -62.7% | -12.9% | — | — | +42.5% | — | +17.6% | -10.1% |