What is Southern Company's storage facilities?

Southern Company (SO) reported storage facilities of $1.32B in Q4 2021.

What does storage facilities mean?

The value of facilities used to store natural gas for future use.

StatementBalance Sheet Statement

SectionOther

CategoryCapital Allocation

SignalHigher is better

VolatilityStable

First reportedQ4 2020

Last reportedQ4 2021Feb 17, 2022

Growth indicates strategic investment in energy security and supply chain flexibility.

This represents the investment in facilities used for the storage of natural gas or other energy commodities. These asse...

Comparable for utilities and midstream companies with gas storage assets.

Metric ID: other_public_utilities_property_plantand_equipment_stora_a0ddcc

1 periods

	Q4 '21
Value	$1.32B

What is Southern Company's storage facilities?: Southern Company (SO) reported storage facilities of $1.32B in Q4 2021.
What does storage facilities mean?: The value of facilities used to store natural gas for future use.