Empire Petroleum Natural Gas Pipelines — Derivatives adjustments on commodity sales decreased by 83.3% to $12.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 500.0%, from -$3.00M to $12.00M. Over 2 years (FY 2023 to FY 2025), Natural Gas Pipelines — Derivatives adjustments on commodity sales shows a downward trend with a -42.0% CAGR.
Positive adjustments indicate effective hedging gains, while negative adjustments reflect hedging losses or market price impacts.
This represents the impact of financial derivative instruments used to hedge commodity price exposure related to natural...
Standard in energy companies with commodity price exposure, often labeled as 'Hedging Gains/Losses' or 'Derivative Adjustments'.
kmi_segment_natural_gas_pipelines_derivatives_adjustments_on_commodity_sales| Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$71.00M | -$39.00M | -$81.00M | -$12.00M | $107.00M | $40.00M | $49.00M | $89.00M | $42.00M | $5.00M | $34.00M | $32.00M | -$3.00M | $9.00M | $18.00M | $72.00M | $12.00M |
| QoQ Change | — | +45.1% | -107.7% | +85.2% | +991.7% | -62.6% | +22.5% | +81.6% | -52.8% | -88.1% | +580.0% | -5.9% | -109.4% | +400.0% | +100.0% | +300.0% | -83.3% |
| YoY Change | — | — | — | +83.1% | +374.4% | +149.4% | +508.3% | — | -60.7% | -87.5% | -30.6% | -64.0% | -107.1% | +80.0% | -47.1% | +125.0% | +500.0% |