Other Natural Gas — Total operating revenues
Southern Company Other Natural Gas — Total operating revenues decreased by 37.4% to $62.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 37.4%, from $99.00M to $62.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful expansion or higher demand in secondary gas markets, while a decrease may indicate reduced activity or lower market pricing in non-core segments.
Detailed definition
This metric represents the total operating revenue generated from natural gas activities classified outside of the prima...
Peer comparison
Peers in the utility sector often report similar non-core revenue under 'Other' or 'Marketing and Trading' segments, though volatility varies based on commodity price exposure.
so_segment_other_natural_gas_revenues_total_operating_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $651.00M | $56.00M | $170.00M | $259.00M | $100.00M | $99.00M | $62.00M |
| QoQ Change | — | -91.4% | +203.6% | +52.4% | -61.4% | -1.0% | -37.4% |
| YoY Change | — | — | — | — | -84.6% | +76.8% | -37.4% |
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Frequently Asked Questions
- What is Southern Company's other natural gas — total operating revenues?
- Southern Company (SO) reported other natural gas — total operating revenues of $62.00M in Q3 2023.
- How has Southern Company's other natural gas — total operating revenues changed year-over-year?
- Southern Company's other natural gas — total operating revenues decreased by 37.4% year-over-year, from $99.00M to $62.00M.
- What does other natural gas — total operating revenues mean?
- Total revenue earned from non-core or ancillary natural gas business activities.