Natural Gas Distribution Industrial — Total operating revenues
Southern Company Natural Gas Distribution Industrial — Total operating revenues decreased by 66.7% to $4.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 66.7%, from $12.00M to $4.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher industrial production or expanded service adoption in the industrial sector, while a decrease may indicate reduced industrial activity or energy efficiency gains by customers.
Detailed definition
This metric represents the total gross revenue generated from the sale and delivery of natural gas services specifically...
Peer comparison
Peers in the regulated utility sector report similar figures under industrial gas sales, often benchmarked against regional manufacturing output and industrial economic health indices.
so_segment_industrial_total_operating_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $8.00M | $6.00M | $19.00M | $32.00M | $16.00M | $12.00M | $4.00M |
| QoQ Change | — | -25.0% | +216.7% | +68.4% | -50.0% | -25.0% | -66.7% |
| YoY Change | — | — | — | — | +100.0% | +100.0% | -66.7% |
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Frequently Asked Questions
- What is Southern Company's natural gas distribution industrial — total operating revenues?
- Southern Company (SO) reported natural gas distribution industrial — total operating revenues of $4.00M in Q3 2023.
- How has Southern Company's natural gas distribution industrial — total operating revenues changed year-over-year?
- Southern Company's natural gas distribution industrial — total operating revenues decreased by 66.7% year-over-year, from $12.00M to $4.00M.
- What does natural gas distribution industrial — total operating revenues mean?
- The total revenue earned from providing natural gas services to industrial customers.