Nearly 30 years after a federal safety warning, another gas explosion raises questions in Lake Dallas [CBS News]
Atmos Energy Corporation (ATO)
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Source: CBS News
What caused the pipe to leak in the first place remains under investigation. What's clear is that this wasn't Lake Dallas' first warning. Nearly 30 years ago, a deadly gas explosion happened less than a half-mile away. A federal investigation that followed raised concerns about a type of plastic gas pipe that regulators said could crack suddenly. These two explosions are among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening despite efforts by Atmos Energy to improve safety. Another explosion in Lake Dallas In August 1997, a Lake Dallas woman was killed when leaking natural gas ignited after she lit a cigarette in her bedroom. The National Transportation Safety Board traced that explosion to a brittle crack in a plastic gas pipe manufactured in 1970. Investigators said pressure from a nearby metal pipe increased stress underground and caused the failure. The following year, the NTSB issued a special report
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News
- Atmos Energy (ATO) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "buy (b+)" to "buy (a-)".MarketBeat
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- Will Atmos (ATO) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Atmos Energy Corporation to Host Fiscal 2026 Second Quarter Earnings Conference Call on May 7, 2026Business Wire
- Atmos Energy (ATO) had its price target raised by Barclays PLC from $167.00 to $184.00. They now have an "equal weight" rating on the stock.MarketBeat
ATO
Earnings
- 2/3/26 - Beat
ATO
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 3/30/26 - Form 8-K
- ATO's page on the SEC website