Exhibit 12

Atmos Energy Corporation
Computation of Earnings to Fixed Charges
June 30, 2008

	Three Months Ended						Nine Months Ended
	June 30						June 30
	2008			2007			2008		2007
	(Dollars in thousands)
Income (loss) from continuing operations before provision for income taxes per statement of income	$	(11,161	)	$	(22,482	)	$	289,532	$	286,313
Add:
Portion of rents representative of the interest factor		1,787			1,438			5,217		4,287
Interest on debt & amortization of debt expense		33,470			34,479			103,803		109,273
Income as adjusted	$	24,096		$	13,435		$	398,552	$	399,873
Fixed charges:
Interest on debt & amortization of debt expense(1)	$	33,470		$	34,479		$	103,803	$	109,273
Capitalized interest(2)		784			815			2,003		2,265
Rents		5,361			4,313			15,650		12,861
Portion of rents representative of the interest factor(3)		1,787			1,438			5,217		4,287
Fixed charges(1)+(2)+(3)	$	36,041		$	36,732		$	111,023	$	115,825
Ratio of earnings to fixed charges		0.67			0.37			3.59		3.45