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Stock impact report

Investigators find gas utility pipes separated before deadly Mississippi explosions [Yahoo! Finance Canada]

Atmos Energy Corporation (ATO) 
Last atmos energy corporation earnings: 2/4 04:21 pm Check Earnings Report
US:NYSE Investor Relations: atmosenergy.com/news/atmos-energy-news
pipes pulling loose from their fittings as spongy clay soil expanded and contracted with rainfall, according to a federal report released Thursday. The first explosion killed Clara Barbour, 82. The National Transportation Safety Board found that the natural gas utility in the city, Dallas-based Atmos Energy Corp., had detected the leaks before the explosions, but didn't evaluate them as severe enough for quick repair. The board also found that Atmos didn't do enough to assess risks and make repairs to its pipeline system and didn't do enough to educate the public or emergency officials about how to respond to natural gas leaks. It urged regulators to take a closer look at the company. “Atmos has had significant safety shortfalls in recent years,” the board wrote “Thus, Atmos's multistate operations require broader oversight.” Company spokesperson Bobby Morgan said safety remains “our highest priority.” “We will work diligently in the coming days and weeks to evaluate the fin Show less Read more
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