Derivative Instruments — Revenue

How to read this metric

An increase in revenue from derivatives often indicates successful hedging strategies or favorable market volatility, while a decrease may reflect losses from hedging positions or reduced hedging activity. It is essential to evaluate this alongside physical commodity margins to understand the net impact of risk management.

Detailed definition

Peer comparison

Peers in the energy infrastructure and LNG sector often report similar figures under 'derivative gains/losses' or 'risk management activities,' though accounting treatment varies based on hedge effectiveness and mark-to-market requirements.