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ATMOS energy Analysts and Media Contact : News Release Exhibit 99.1 Dan Meziere ( 972 ) 855-3729 Atmos Energy Corporation Reports Earnings for Fiscal 2021 Third Quarter ; Affirms Fiscal 2021 Guidance DALLAS ( August 4 , 2021 ) - Atmos Energy Corporation ( NYSE : ATO ) today reported consolidated results for its third fiscal quarter ended June 30 , 2021 . • • • • • Highlights Earnings per diluted share was $ 4.77 for the nine months ended June 30 , 2021 ; $ 0.78 per diluted share for the third fiscal quarter . Consolidated net income was $ 616.8 million for the nine months ended June 30 , 2021 ; $ 102.4 million for the third fiscal quarter . Capital expenditures totaled $ 1,358.0 million for the nine months ended June 30 , 2021 , with approximately 87 percent of capital spending related to system safety and reliability investments . Outlook Earnings per diluted share for fiscal 2021 is expected to be in the higher end of the previously announced range of $ 4.90 to $ 5.10 . • Capital expenditures are expected to be in the range of $ 2.0 billion to $ 2.2 billion in fiscal 2021 . The company's Board of Directors has declared a quarterly dividend of $ 0.625 per common share . The indicated annual dividend for fiscal 2021 is $ 2.50 , which represents an 8.7 % increase over fiscal 2020 . " With strong visibility into the remainder of the year , we continue to believe fiscal 2021 earnings will be at the higher end of our earnings guidance range of $ 4.90 to $ 5.10 per diluted share , ” said Kevin Akers , President and Chief Executive Officer of Atmos Energy , " and our capital expenditures are expected to be in the range of $ 2.0 billion to $ 2.2 billion for this fiscal year . " Results for the Three Months Ended June 30 , 2021 Consolidated operating income decreased $ 5.6 million to $ 133.4 million for the three months ended June 30 , 2021 , from $ 139.0 million in the prior - year quarter . Rate case outcomes in both segments were more than offset by increased depreciation and property tax expenses , timing of system maintenance , the refund of excess deferred income taxes to customers and increased bad debt expense in our distribution segment . Distribution operating income increased $ 5.6 million to $ 68.1 million for the three months ended June 30 , 2021 , compared with $ 62.5 million in the prior - year quarter . The increase 1