Natural Gas Distribution Other — Total operating revenues
Southern Company Natural Gas Distribution Other — Total operating revenues increased by 22.4% to $60.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 22.4%, from $49.00M to $60.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests growth in ancillary business activities or successful diversification, while a decrease may indicate a strategic shift away from non-core operations or reduced demand for secondary services.
Detailed definition
This metric represents the total gross revenue generated by the company's non-core or miscellaneous business segments th...
Peer comparison
Peers in the utility sector often report similar 'Other' or 'Corporate and Other' segments, though the composition varies significantly based on the company's specific diversification strategy.
so_segment_other_total_operating_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $59.00M | $31.00M | $82.00M | $129.00M | $67.00M | $49.00M | $60.00M |
| QoQ Change | — | -47.5% | +164.5% | +57.3% | -48.1% | -26.9% | +22.4% |
| YoY Change | — | — | — | — | +13.6% | +58.1% | +22.4% |
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Frequently Asked Questions
- What is Southern Company's natural gas distribution other — total operating revenues?
- Southern Company (SO) reported natural gas distribution other — total operating revenues of $60.00M in Q3 2023.
- How has Southern Company's natural gas distribution other — total operating revenues changed year-over-year?
- Southern Company's natural gas distribution other — total operating revenues increased by 22.4% year-over-year, from $49.00M to $60.00M.
- What does natural gas distribution other — total operating revenues mean?
- The total revenue generated by the company's secondary or miscellaneous business segments.