Discontinued — last reported Q3 '23
Commodity Sales Revenue — Revenue not from contract with customers
Enbridge Commodity Sales Revenue — Revenue not from contract with customers decreased by 0.6% to $4.65B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 27.5%, from $6.42B to $4.65B.
Analysis
How to read this metric
An increase suggests higher market-driven trading activity or favorable commodity price movements, while a decrease may indicate reduced trading volume or unfavorable market conditions for non-contracted sales.
Detailed definition
This metric represents revenue generated from commodity sales activities that fall outside the scope of standard custome...
Peer comparison
Peers in the midstream energy sector often report this under 'marketing and trading' or 'commodity sales' segments, though accounting treatment for non-contractual revenue can vary significantly based on hedging and trading strategies.
enb_segment_commodity_sales_revenue_not_from_contract_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | 6.3B | 7.3B | 8.3B | 8.1B | 6.4B | 4.8B | 4.7B | 4.7B |
| QoQ Change | — | +14.9% | +14.4% | -2.6% | -20.9% | -25.4% | -2.2% | -0.6% |
| YoY Change | — | — | — | +28.0% | -11.9% | -42.5% | -42.3% | -27.5% |
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Frequently Asked Questions
- What is Enbridge's commodity sales revenue — revenue not from contract with customers?
- Enbridge (ENB) reported commodity sales revenue — revenue not from contract with customers of $4.65B in Q3 2023.
- How has Enbridge's commodity sales revenue — revenue not from contract with customers changed year-over-year?
- Enbridge's commodity sales revenue — revenue not from contract with customers decreased by 27.5% year-over-year, from $6.42B to $4.65B.
- What does commodity sales revenue — revenue not from contract with customers mean?
- Revenue earned from commodity sales that are not governed by specific long-term customer service contracts.