Natural Gas Us Regulated — Total cost of sales
Southern Company Natural Gas Us Regulated — Total cost of sales decreased by 65.3% to $102.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 65.3%, from $294.00M to $102.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase typically reflects higher commodity prices or increased demand, which may be offset by regulatory recovery mechanisms, while a decrease suggests lower procurement costs or reduced volume requirements.
Detailed definition
This metric represents the aggregate direct expenses incurred by the natural gas segment to procure, transport, and deli...
Peer comparison
Comparable to 'Cost of Gas Sold' or 'Fuel and Purchased Power' expenses reported by other diversified utilities and natural gas distribution companies.
so_segment_natural_gas_total_cost_of_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $231.00M | $129.00M | $676.00M | $1.10B | $452.00M | $294.00M | $102.00M |
| QoQ Change | — | -44.2% | +424.0% | +62.0% | -58.7% | -35.0% | -65.3% |
| YoY Change | — | — | — | — | +95.7% | +127.9% | -65.3% |
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Frequently Asked Questions
- What is Southern Company's natural gas us regulated — total cost of sales?
- Southern Company (SO) reported natural gas us regulated — total cost of sales of $102.00M in Q3 2023.
- How has Southern Company's natural gas us regulated — total cost of sales changed year-over-year?
- Southern Company's natural gas us regulated — total cost of sales decreased by 65.3% year-over-year, from $294.00M to $102.00M.
- What does natural gas us regulated — total cost of sales mean?
- The total direct expense incurred by the natural gas business segment to acquire and supply gas to customers.