Industry

Utilities - Regulated Gas stocks

14 Utilities - Regulated Gas companies have a page on Investingly, worth $97.3B together. The largest is Atmos Energy (ATO) at $26.5B.

The median company trades at 19.5 times earnings, keeps 22.2% of revenue as operating profit and grew revenue 3.5% over the last year.

Centuri grew revenue fastest (+33%); Brookfield Infrastructure has the widest operating margin (61%); 13 of them pay a dividend (median yield 3.7%).

Companies14
Total market cap$97.3B
Median P/E19.5x
Median operating margin22.2%
Median revenue growth+3.5%
Median dividend yield3.7%

Utilities - Regulated Gas companies, largest first

#CompanyMarket capP/EP/FCFRevenue growthOperating marginROEDividend yield
1 Atmos Energy CorporationATO $26.5B19.5x—+4.8%37.0%9.2%2.4%
2 NiSource IncNI $19.7B20.4x—+3.5%16.4%9.4%2.9%
3 UGI CorporationUGI $8.3B13.7x21.4x-4.5%16.2%12.9%3.9%
4 Southwest Gas Holdings IncSWX $6.1B25.6x—-21.6%—13.2%3.0%
5 Black Hills CorporationBKH $5.7B19.5x—+3.1%23.9%7.6%3.6%
6 NewJersey Resources CorporationNJR $5.2B15.2x—+16.8%24.8%13.8%3.7%
7 Spire IncSR $4.7B16.1x—+4.5%21.5%10.5%4.0%
8 One Gas IncOGS $4.5B16.2x———8.2%3.7%
9 Brookfield Infrastructure CorpBIPC $4.5B—20.4x+0.1%61.5%——
10 MDU Resources Group IncMDU $3.9B20.1x—+6.9%17.0%6.7%2.9%
11 Chesapeake Utilities CorporationCPK $3.0B20.2x—+4.7%27.3%9.0%2.1%
12 Centuri Holdings, Inc.CTRI $2.1B56.6x—+32.9%2.7%3.3%—
13 Northwest Natural Gas CoNWN $2.0B16.4x—+3.1%22.9%8.1%3.9%
14 Suburban Propane Partners LPSPH $1.2B9.08x10.3x+0.5%15.1%——

Medians use companies with a value for that measure; P/E only counts companies with positive earnings. Every company links to its page with the reverse DCF, insider buying and 13F holders.

Questions

What are the largest Utilities - Regulated Gas stocks?

By market value: Atmos Energy (ATO), NiSource (NI), UGI (UGI), Southwest Gas (SWX), Black Hills (BKH).

What is the average P/E ratio of Utilities - Regulated Gas stocks?

The median Utilities - Regulated Gas company on Investingly trades at 19.5 times trailing earnings (companies with positive earnings only).

How many Utilities - Regulated Gas stocks pay a dividend?

13 of 14, with a median yield of 3.7%.

Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.