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atmos enerrgy 38_pres
The document summarizes the key points from a conference call to review the company's fiscal 2008 third quarter financial results. It discusses increases in net income for the natural gas distribution and regulated transmission/storage segments due to rate adjustments and higher transportation volumes. It also reviews decreases in the natural gas marketing segment's gross profit from realized storage losses and lower sales volumes. Operating expenses rose due to higher labor costs but were partially offset by a one-time software write-off in the prior year. Capital expenditures increased for the regulated gas distribution and transmission/storage segments.
