Current Assets
Natural gas for sale
Constellation Energy Natural gas for sale decreased by 32.6% to $289.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 31.5%, from $422.00M to $289.00M.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2023
How to read this metric
An increase may indicate strategic stockpiling for peak demand, while a decrease could signal high consumption or inventory liquidation.
Detailed definition
This represents the value of natural gas held in underground storage facilities intended for future sale or distribution...
Peer comparison
Standard for vertically integrated utilities and natural gas distributors; peers typically manage this based on seasonal hedging strategies.
Metric ID:
current_assets_energy_related_inventory_natural_gas_in_storageHistorical Data
6 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $284.00M | $212.00M | $357.00M | $422.00M | $429.00M | $289.00M |
| QoQ Change | — | -25.4% | +68.4% | +18.2% | +1.7% | -32.6% |
| YoY Change | — | — | — | — | +51.1% | -31.5% |
Range$212.00M – $429.00M
CAGR+1.4%
Avg YoY Growth+9.8%
Median YoY Growth+9.8%
Natural gas for sale at Other Companies
Frequently Asked Questions
- What is Constellation Energy's natural gas for sale?
- Constellation Energy (CEG) reported natural gas for sale of $289.00M in Q3 2023.
- How has Constellation Energy's natural gas for sale changed year-over-year?
- Constellation Energy's natural gas for sale decreased by 31.5% year-over-year, from $422.00M to $289.00M.
- What does natural gas for sale mean?
- The monetary value of natural gas reserves held in storage for future use.