Natural Gas Reserves — Cost of Sales
Duke Energy Natural Gas Reserves — Cost of Sales decreased by 57.8% to $158.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 102.6%, from $78.00M to $158.00M. Over 3 years (FY 2021 to FY 2024), Natural Gas Reserves — Cost of Sales shows a downward trend with a -7.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase typically reflects higher market commodity prices or increased customer demand, while a decrease suggests lower procurement costs or reduced consumption. In a regulated environment, this is often offset by fuel adjustment clauses, making the net impact on earnings dependent on regulatory recovery timing.
Detailed definition
This metric represents the direct expenses incurred by the utility to procure natural gas for distribution to its retail...
Peer comparison
Comparable to fuel and purchased power costs reported by other integrated utilities and natural gas distribution companies, though recovery mechanisms vary by regulatory jurisdiction.
duk_segment_cost_of_natural_gas_cost_of_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $79.00M | $75.00M | $275.00M | $481.00M | $189.00M | $189.00M | $417.00M | $298.00M | $79.00M | $57.00M | $159.00M | $232.00M | $78.00M | $70.00M | $185.00M | $374.00M | $158.00M |
| QoQ Change | — | -5.1% | +266.7% | +74.9% | -60.7% | +0.0% | +120.6% | -28.5% | -73.5% | -27.8% | +178.9% | +45.9% | -66.4% | -10.3% | +164.3% | +102.2% | -57.8% |
| YoY Change | — | — | — | — | +139.2% | +152.0% | +51.6% | -38.0% | -58.2% | -69.8% | -61.9% | -22.1% | -1.3% | +22.8% | +16.4% | +61.2% | +102.6% |
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Frequently Asked Questions
- What is Duke Energy's natural gas reserves — cost of sales?
- Duke Energy (DUK) reported natural gas reserves — cost of sales of $158.00M in Q2 2025.
- How has Duke Energy's natural gas reserves — cost of sales changed year-over-year?
- Duke Energy's natural gas reserves — cost of sales increased by 102.6% year-over-year, from $78.00M to $158.00M.
- What is the long-term trend for Duke Energy's natural gas reserves — cost of sales?
- Over 3 years (2021 to 2024), Duke Energy's natural gas reserves — cost of sales has grown at a -7.1% compound annual growth rate (CAGR), from $705.00M to $565.00M.
- What does natural gas reserves — cost of sales mean?
- The total direct expense incurred by the utility to purchase and transport natural gas for its customers.