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.
An increase suggests growth in customer base, higher demand, or successful rate adjustments, while a decrease may indicate lower consumption or regulatory pricing pressures.
This metric represents the total gross income generated by the natural gas utility segment through its primary business...
Comparable to total segment revenue reported by other vertically integrated utilities or pure-play natural gas distribution companies.
so_segment_natural_gas_total_operating_revenues| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '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% |