Business Segments · Total Assets
Gas Pipeline Investments — Total Assets
Southern Company Gas Pipeline Investments — Total Assets decreased by 2.2% to $1.54B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $1.43B to $1.54B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2023
Rolls up toTotal Assets
How to read this metric
An increase typically signals capital expansion or investment in new infrastructure projects, while a decrease may indicate asset depreciation, divestitures, or impairment charges.
Detailed definition
This metric represents the total book value of all resources, infrastructure, and capital investments held within the ga...
Peer comparison
Comparable to total segment assets reported by peers in the energy infrastructure and midstream pipeline sectors.
Metric ID:
so_segment_gas_pipeline_investments_total_assetsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.49B | $1.48B | $1.47B | $1.47B | $1.43B | $1.43B | $1.58B | $1.54B |
| QoQ Change | — | -0.9% | -0.7% | +0.4% | -2.7% | -0.6% | +10.7% | -2.2% |
| YoY Change | — | — | — | — | -4.0% | -3.6% | +7.5% | +8.2% |
Range$1.43B – $1.58B
CAGR+1.9%
Avg YoY Growth+2.0%
Median YoY Growth+2.0%
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Frequently Asked Questions
- What is Southern Company's gas pipeline investments — total assets?
- Southern Company (SO) reported gas pipeline investments — total assets of $1.54B in Q3 2023.
- How has Southern Company's gas pipeline investments — total assets changed year-over-year?
- Southern Company's gas pipeline investments — total assets increased by 8.2% year-over-year, from $1.43B to $1.54B.
- What does gas pipeline investments — total assets mean?
- The total value of all physical and financial assets owned by the gas pipeline segment.