Discontinued — last reported Q4 '23
Energy Services — Revenue not from contract with customers
Enbridge Energy Services — Revenue not from contract with customers decreased by 83.3% to $1.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 90.9%, from $11.00M to $1.00M. Over 2 years (FY 2021 to FY 2023), Energy Services — Revenue not from contract with customers shows a downward trend with a -24.6% CAGR.
Analysis
How to read this metric
An increase may signal opportunistic gains or non-recurring income, while a decrease suggests a reliance on core contractual business.
Detailed definition
This captures revenue streams within the energy services segment that fall outside of standard customer service contract...
Peer comparison
Comparable to 'other operating revenue' or 'non-contractual income' found in peer midstream financial disclosures.
enb_segment_energy_services_revenue_not_from_contract_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 10M | 12M | 18M | 10M | 0 | 4M | 11M | 18M | 0 | 6M | 1M |
| QoQ Change | — | +20.0% | +50.0% | -44.4% | -100.0% | — | +175.0% | +63.6% | -100.0% | — | -83.3% |
| YoY Change | — | — | — | — | -100.0% | -66.7% | -38.9% | +80.0% | — | +50.0% | -90.9% |
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Frequently Asked Questions
- What is Enbridge's energy services — revenue not from contract with customers?
- Enbridge (ENB) reported energy services — revenue not from contract with customers of $1.00M in Q4 2023.
- How has Enbridge's energy services — revenue not from contract with customers changed year-over-year?
- Enbridge's energy services — revenue not from contract with customers decreased by 90.9% year-over-year, from $11.00M to $1.00M.
- What is the long-term trend for Enbridge's energy services — revenue not from contract with customers?
- Over 2 years (2021 to 2023), Enbridge's energy services — revenue not from contract with customers has grown at a -24.6% compound annual growth rate (CAGR), from $44.00M to $25.00M.
- What does energy services — revenue not from contract with customers mean?
- Revenue generated from energy services activities that are not tied to formal customer contracts.