Business Segments · Total operating revenues

Southern Company Gas — Total operating revenues

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.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2023
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher customer demand, expanded service territory, or favorable rate adjustments, while a decrease may indicate lower consumption or regulatory pricing pressure.

Detailed definition

This metric represents the total gross revenue generated by the natural gas distribution business segment. It reflects t...

Peer comparison

Comparable to total revenue reported by other regulated natural gas utilities or the gas distribution segments of diversified energy holding companies.

Metric ID: so_segment_southern_co_gas_total_operating_revenues

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '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%
Range$623.00M$2.06B
CAGR+1.2%
Avg YoY Growth+26.0%
Median YoY Growth+37.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is Southern Company's southern company gas — total operating revenues?
Southern Company (SO) reported southern company gas — total operating revenues of $689.00M in Q3 2023.
How has Southern Company's southern company gas — total operating revenues changed year-over-year?
Southern Company's southern company gas — total operating revenues decreased by 19.6% year-over-year, from $857.00M to $689.00M.
What does southern company gas — total operating revenues mean?
The total sales revenue earned by the natural gas distribution segment before deducting any expenses.