Current Liabilities

Exchange gas payable

NiSource Exchange gas payable decreased by 54.9% to $56.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.4%, from $59.10M to $56.50M. Over 5 years (FY 2020 to FY 2025), Exchange gas payable shows an upward trend with a 20.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityVolatile
First reportedQ4 2017
Last reportedQ1 2026

How to read this metric

An increase suggests higher reliance on gas exchanges for supply management, while a decrease indicates the settlement of these physical obligations.

Detailed definition

This represents the obligation to return natural gas volumes borrowed from third parties under exchange agreements. In t...

Peer comparison

Specific to gas distribution utilities; peers with similar supply chain models will report comparable exchange obligations.

Metric ID: current_liabilities_exchange_gas_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$34.90M$73.20M$107.70M$37.80M$91.20M$170.90M$147.60M$19.60M$33.00M$44.10M$50.50M$17.10M$34.70M$56.10M$91.80M$59.10M$80.70M$100.00M$125.40M$56.50M
QoQ Change+109.7%+47.1%-64.9%+141.3%+87.4%-13.6%-86.7%+68.4%+33.6%+14.5%-66.1%+102.9%+61.7%+63.6%-35.6%+36.5%+23.9%+25.4%-54.9%
YoY Change+161.3%+133.5%+37.0%-48.1%-63.8%-74.2%-65.8%-12.8%+5.2%+27.2%+81.8%+245.6%+132.6%+78.3%+36.6%-4.4%
Range$17.10M$170.90M
CAGR+10.7%
Avg YoY Growth+41.9%
Median YoY Growth+31.9%

Frequently Asked Questions

What is NiSource's exchange gas payable?
NiSource (NI) reported exchange gas payable of $56.50M in Q1 2026.
How has NiSource's exchange gas payable changed year-over-year?
NiSource's exchange gas payable decreased by 4.4% year-over-year, from $59.10M to $56.50M.
What is the long-term trend for NiSource's exchange gas payable?
Over 5 years (2020 to 2025), NiSource's exchange gas payable has grown at a 20.9% compound annual growth rate (CAGR), from $48.50M to $125.40M.
What does exchange gas payable mean?
The amount of natural gas the company owes to other parties due to supply exchange agreements.