Discontinued — last reported Q4 '23
Energy Services Consolidate — Operating and administrative
Enbridge Energy Services Consolidate — Operating and administrative increased by 20.0% to $12.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 20.0%, from $15.00M to $12.00M. Over 2 years (FY 2021 to FY 2023), Energy Services Consolidate — Operating and administrative shows relatively stable performance with a 4.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising costs may indicate scaling operations or inefficiency, while stable or declining costs suggest effective overhead management.
Detailed definition
This includes the fixed and semi-fixed costs required to manage the energy services segment, such as personnel, office o...
Peer comparison
Comparable to 'SG&A' or 'operating expenses' allocated to specific business segments in peer companies.
enb_segment_energy_services_operating_and_administrativeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 9M | 13M | 12M | 14M | 11M | 9M | 15M | 18M | 12M | 10M | 12M |
| QoQ Change | — | +44.4% | -7.7% | +16.7% | -21.4% | -18.2% | +66.7% | +20.0% | -33.3% | -16.7% | +20.0% |
| YoY Change | — | — | — | — | +22.2% | -30.8% | +25.0% | +28.6% | +9.1% | +11.1% | -20.0% |
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Frequently Asked Questions
- What is Enbridge's energy services consolidate — operating and administrative?
- Enbridge (ENB) reported energy services consolidate — operating and administrative of $12.00M in Q4 2023.
- How has Enbridge's energy services consolidate — operating and administrative changed year-over-year?
- Enbridge's energy services consolidate — operating and administrative decreased by 20.0% year-over-year, from $15.00M to $12.00M.
- What is the long-term trend for Enbridge's energy services consolidate — operating and administrative?
- Over 2 years (2021 to 2023), Enbridge's energy services consolidate — operating and administrative has grown at a 4.1% compound annual growth rate (CAGR), from $48.00M to $52.00M.
- What does energy services consolidate — operating and administrative mean?
- The overhead and administrative expenses required to run the energy services business.