Discontinued — last reported Q3 '24
Gas Distribution and Storage — Other income / (expense)
Enbridge Gas Distribution and Storage — Other income / (expense) increased by 4.5% to $23.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 53.3%, from $15.00M to $23.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates higher non-core earnings or reduced peripheral expenses, while a decrease suggests lower incidental income or rising non-operating costs.
Detailed definition
This metric represents non-operating income or expenses generated by the Gas Distribution and Storage segment that are n...
Peer comparison
Peers in the midstream and utility sector often report similar items under 'Other Income' or 'Non-Operating Income,' though the composition varies significantly based on specific joint venture structures and asset divestiture activities.
enb_segment_gas_distribution_and_storage_other_income_expenseHistorical Data
| Q3 '22 | Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|
| Value | 15M | 12M | 15M | 22M | 23M |
| QoQ Change | — | -20.0% | +25.0% | +46.7% | +4.5% |
| YoY Change | — | — | +0.0% | +83.3% | +53.3% |
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Frequently Asked Questions
- What is Enbridge's gas distribution and storage — other income / (expense)?
- Enbridge (ENB) reported gas distribution and storage — other income / (expense) of $23.00M in Q3 2024.
- How has Enbridge's gas distribution and storage — other income / (expense) changed year-over-year?
- Enbridge's gas distribution and storage — other income / (expense) increased by 53.3% year-over-year, from $15.00M to $23.00M.
- What does gas distribution and storage — other income / (expense) mean?
- Non-operating income or expenses generated by the gas distribution and storage business segment.