Southern Company Southern Company Gas — Total operating revenues decreased by 19.6% to $689.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 19.6%, from $857.00M to $689.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher customer demand, expanded service territory, or favorable rate adjustments, while a decrease may indicate lower consumption or regulatory pricing pressure.
This metric represents the total gross revenue generated by the natural gas distribution business segment. It reflects t...
Comparable to total revenue reported by other regulated natural gas utilities or the gas distribution segments of diversified energy holding companies.
so_segment_southern_co_gas_total_operating_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $677.00M | $623.00M | $1.39B | $2.06B | $1.08B | $857.00M | $689.00M |
| QoQ Change | — | -8.0% | +122.5% | +48.5% | -47.4% | -20.9% | -19.6% |
| YoY Change | — | — | — | — | +60.0% | +37.6% | -19.6% |