Atlas Energy
Essay by icefishie03 • August 22, 2013 • Case Study • 649 Words (3 Pages) • 1,211 Views
Atlas Energy L.P.
Atlas Energy, L.P is dedicated to the development, production, transportation, and processing of
natural gas & oil in the United States. Its headquarters are in Pittsburgh, Pennsylvania and it operates in
the Appalachian Basin, Illinois Basin and the Rocky Mountain region. The majority of Atlas's operations
in the Appalachian base yield higher energy content, which results in realized premiums averaging 1.05%
over regular pipeline natural gas in 2011. It is located on the New York Stock Exchange. The current
trading price of ATLS.N is 38.00 USD. The 12-month high is $39.34 and the 12-month low is $24.01
1
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Atlas Energy has a market cap of 1.949 billion and revenue the trailing twelve months is 1.498 billion. Its
main competitors are DCP Midstream Partners L.P., Kinder Morgan Energy Partners L.P., and Williams
Partners L.P
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. DCP Midstream Partners was founded in August 2005 and is located in Denver, Colorado.
It serves as a midstream energy company with a considerably larger market cap of 2.604 billion and a
lower revenue TTM of 1.037 billion compared to Atlas Energy. Its strong market position is assisted by its
relationship with its parent companies, Spectra Energy and ConocoPhillips. Out of its main competitors,
Kinder Morgan Energy encompasses the largest market cap of 21.18 billion and revenue TTM of 8.278
billion. Atlas Energy's other direct competitor, Williams Partners L.P., boasts the highest yield in the
group with 6.33%, compared to DCP Midstream Partner's 6.18%, Kinder Morgan Energy's 5.84%, and
Atlas Energy's 3.17%
3
. While Atlas trades below other major oil and gas companies with 1.3x sales
1
"The Best-Yielding Ex-Dividend Stocks." Guru Focus. February 1, 2013.
2
"Atlas Energy L.P. (ATLS) Stock Dividend Data."
Atlas Energy L.P. (ATLS) Definitive Dividend
Information
. N.p., n.d. Web. 6 Feb. 2013.
3
"Atlas Energy LP."
Income Statement for (ATLS) from Morningstar.com
. N.p., n.d. Web. 6
Feb.
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