Business Segments · Total operating revenues
Gas Distribution Operations — Total operating revenues
Southern Company Gas Distribution Operations — Total operating revenues decreased by 17.6% to $619.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 17.6%, from $751.00M to $619.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2023
Rolls up toTotal Revenue
How to read this metric
Higher revenues generally indicate growth in customer base, rate increases, or higher consumption volumes due to weather or economic factors.
Detailed definition
This represents the total gross income generated from the delivery and sale of natural gas to residential, commercial, a...
Peer comparison
Standard metric for all utility companies; comparable to revenue figures for gas utility segments at peer energy firms.
Metric ID:
so_segment_gas_distribution_operations_total_operating_revenuesHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $710.00M | $556.00M | $1.21B | $1.80B | $980.00M | $751.00M | $619.00M |
| QoQ Change | — | -21.7% | +118.2% | +48.6% | -45.6% | -23.4% | -17.6% |
| YoY Change | — | — | — | — | +38.0% | +35.1% | -17.6% |
Range$556.00M – $1.80B
CAGR-8.7%
Avg YoY Growth+18.5%
Median YoY Growth+35.1%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Southern Company's gas distribution operations — total operating revenues?
- Southern Company (SO) reported gas distribution operations — total operating revenues of $619.00M in Q3 2023.
- How has Southern Company's gas distribution operations — total operating revenues changed year-over-year?
- Southern Company's gas distribution operations — total operating revenues decreased by 17.6% year-over-year, from $751.00M to $619.00M.
- What does gas distribution operations — total operating revenues mean?
- The total money earned from providing natural gas services to customers.