Natural Gas Distribution Residential — Total operating revenues
Southern Company Natural Gas Distribution Residential — Total operating revenues decreased by 34.4% to $217.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 34.4%, from $331.00M to $217.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase typically indicates growth in the residential customer base, higher per-household consumption, or favorable regulatory rate changes, while a decrease may signal customer churn, energy efficiency improvements, or milder weather conditions.
Detailed definition
This metric represents the total gross revenue generated from the sale of natural gas or electricity services specifical...
Peer comparison
This is a standard revenue line item for vertically integrated utilities and natural gas distribution companies, comparable to residential revenue segments at peers like Duke Energy or NextEra Energy.
so_segment_residential_total_operating_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $311.00M | $218.00M | $656.00M | $1.02B | $474.00M | $331.00M | $217.00M |
| QoQ Change | — | -29.9% | +200.9% | +54.9% | -53.3% | -30.2% | -34.4% |
| YoY Change | — | — | — | — | +52.4% | +51.8% | -34.4% |
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Frequently Asked Questions
- What is Southern Company's natural gas distribution residential — total operating revenues?
- Southern Company (SO) reported natural gas distribution residential — total operating revenues of $217.00M in Q3 2023.
- How has Southern Company's natural gas distribution residential — total operating revenues changed year-over-year?
- Southern Company's natural gas distribution residential — total operating revenues decreased by 34.4% year-over-year, from $331.00M to $217.00M.
- What does natural gas distribution residential — total operating revenues mean?
- The total amount of money earned from providing utility services to residential households.