Products & Services · Revenue

Natural Gas Us Regulated — Revenue

Southern Company Natural Gas Us Regulated — Revenue decreased by 19.7% to $689.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 19.7%, from $858.00M to $689.00M. 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

An increase indicates growth in the natural gas customer base, higher usage rates, or favorable regulatory pricing adjustments, while a decrease may signal reduced demand, warmer weather impacts, or divestitures.

Detailed definition

This metric represents the total gross income generated by the natural gas business segment, encompassing distribution,...

Peer comparison

Comparable to natural gas distribution revenue metrics reported by other diversified utility holding companies with regulated gas infrastructure.

Metric ID: so_segment_natural_gas_revenues

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23
Value$677.00M$624.00M$1.39B$2.06B$1.08B$858.00M$689.00M
QoQ Change-7.8%+122.0%+48.6%-47.5%-20.6%-19.7%
YoY Change+59.7%+37.5%-19.7%
Range$624.00M$2.06B
CAGR+1.2%
Avg YoY Growth+25.8%
Median YoY Growth+37.5%
Current Streak3 quarters decline

Frequently Asked Questions

What is Southern Company's natural gas us regulated — revenue?
Southern Company (SO) reported natural gas us regulated — revenue of $689.00M in Q3 2023.
How has Southern Company's natural gas us regulated — revenue changed year-over-year?
Southern Company's natural gas us regulated — revenue decreased by 19.7% year-over-year, from $858.00M to $689.00M.
What does natural gas us regulated — revenue mean?
The total amount of money earned from the company's natural gas distribution and related services.