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.
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.
This metric represents the total gross income generated by the natural gas business segment, encompassing distribution,...
Comparable to natural gas distribution revenue metrics reported by other diversified utility holding companies with regulated gas infrastructure.
so_segment_natural_gas_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '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% |