Products & Services · Total operating revenues

Natural Gas — Total operating revenues

Southern Company Natural Gas — Total operating revenues decreased by 19.6% to $689.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 19.6%, from $857.00M 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 2021
Last reportedQ3 2023
Rolls up toTotal Revenue

How to read this metric

An increase suggests growth in customer base, higher demand, or successful rate adjustments, while a decrease may indicate lower consumption or regulatory pricing pressures.

Detailed definition

This metric represents the total gross income generated by the natural gas utility segment through its primary business...

Peer comparison

Comparable to total segment revenue reported by other vertically integrated utilities or pure-play natural gas distribution companies.

Metric ID: so_segment_natural_gas_total_operating_revenues

Historical Data

6 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q3 '23
Value$677.00M$623.00M$2.06B$1.08B$857.00M$689.00M
QoQ Change-8.0%+230.3%-47.4%-20.9%-19.6%
YoY Change+60.0%+37.6%-19.6%
Range$623.00M$2.06B
CAGR+1.4%
Avg YoY Growth+26.0%
Median YoY Growth+37.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is Southern Company's natural gas — total operating revenues?
Southern Company (SO) reported natural gas — total operating revenues of $689.00M in Q3 2023.
How has Southern Company's natural gas — total operating revenues changed year-over-year?
Southern Company's natural gas — total operating revenues decreased by 19.6% year-over-year, from $857.00M to $689.00M.
What does natural gas — total operating revenues mean?
The total gross revenue earned from all natural gas utility operations and services.