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.
Higher revenues generally signal increased market share or higher commodity prices, while lower revenues may indicate reduced demand or lower market activity.
This metric captures the total gross inflows of economic benefits arising from the ordinary activities of the gas market...
Comparable to top-line segment revenue reported by other integrated utilities or energy marketing firms.
so_segment_gas_marketing_services_total_operating_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '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% |