Business Segments · Total operating revenues

Gas Marketing Services — Total operating revenues

Southern Company Gas Marketing Services — Total operating revenues decreased by 34.1% to $56.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 34.1%, from $85.00M to $56.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ3 2023
Rolls up toTotal Revenue

How to read this metric

Higher revenues generally signal increased market share or higher commodity prices, while lower revenues may indicate reduced demand or lower market activity.

Detailed definition

This metric captures the total gross inflows of economic benefits arising from the ordinary activities of the gas market...

Peer comparison

Comparable to top-line segment revenue reported by other integrated utilities or energy marketing firms.

Metric ID: so_segment_gas_marketing_services_total_operating_revenues

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23
Value$64.00M$52.00M$164.00M$243.00M$92.00M$85.00M$56.00M
QoQ Change-18.8%+215.4%+48.2%-62.1%-7.6%-34.1%
YoY Change+43.8%+63.5%-34.1%
Range$52.00M$243.00M
CAGR-8.5%
Avg YoY Growth+24.4%
Median YoY Growth+43.8%
Current Streak3 quarters decline

Frequently Asked Questions

What is Southern Company's gas marketing services — total operating revenues?
Southern Company (SO) reported gas marketing services — total operating revenues of $56.00M in Q3 2023.
How has Southern Company's gas marketing services — total operating revenues changed year-over-year?
Southern Company's gas marketing services — total operating revenues decreased by 34.1% year-over-year, from $85.00M to $56.00M.
What does gas marketing services — total operating revenues mean?
The total gross income generated by the gas marketing services business segment.