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REPORTING SEGMENT AND OTHER OPERATIONS DATA (Tables)
 3 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information related to the Company's various reporting segments and other operations is detailed below:
Three Months Ended
December 31,
(Thousands)20212020
Operating revenues
Natural Gas Distribution
External customers$274,435 $195,729 
Intercompany337 — 
Clean Energy Ventures
External customers10,183 6,370 
Energy Services
External customers (1)
365,788 227,349 
Intercompany3,456 2,128 
Storage and Transportation
External customers11,584 12,447 
Intercompany559 657 
Subtotal666,342 444,680 
Home Services and Other
External customers13,852 12,410 
Intercompany99 167 
Eliminations(4,451)(2,952)
Total$675,842 $454,305 
Depreciation and amortization
Natural Gas Distribution$22,893 $19,169 
Clean Energy Ventures5,233 5,433 
Energy Services (2)
28 42 
Storage and Transportation2,133 2,640 
Subtotal30,287 27,284 
Home Services and Other204 260 
Eliminations(98)(182)
Total$30,393 $27,362 
Interest income (3)
Natural Gas Distribution$193 $82 
Storage and Transportation377 694 
Subtotal570 776 
Home Services and Other155 132 
Eliminations(224)(239)
Total$501 $669 
(1)Includes sales to Canada for the Energy Services segment, which are immaterial.
(2)The amortization of acquired wholesale energy contracts is excluded above and is included in natural gas purchases - nonutility on the Unaudited Condensed Consolidated Statements of Operations.
(3)Included in other income, net on the Unaudited Condensed Consolidated Statements of Operations.
Three Months Ended
December 31,
(Thousands)20212020
Interest expense, net of capitalized interest
Natural Gas Distribution$10,995 $8,974 
Clean Energy Ventures5,427 5,034 
Energy Services675 680 
Storage and Transportation2,136 3,982 
Subtotal19,233 18,670 
Home Services and Other244 1,116 
Total$19,477 $19,786 
Income tax provision (benefit)
Natural Gas Distribution$13,204 $8,367 
Clean Energy Ventures(2,046)(3,086)
Energy Services20,505 12,122 
Storage and Transportation343 646 
Subtotal32,006 18,049 
Home Services and Other246 118 
Eliminations(1,445)(726)
Total$30,807 $17,441 
Equity in earnings (loss) of affiliates
Storage and Transportation$1,056 $3,193 
Eliminations(481)(518)
Total$575 $2,675 
Net financial earnings (loss)
Natural Gas Distribution$51,080 $49,467 
Clean Energy Ventures(6,821)(10,274)
Energy Services17,567 1,500 
Storage and Transportation2,962 3,508 
Subtotal64,788 44,201 
Home Services and Other447 (62)
Eliminations535 518 
Total$65,770 $44,657 
Capital expenditures
Natural Gas Distribution$73,464 $79,246 
Clean Energy Ventures25,380 22,335 
Storage and Transportation65,375 7,613 
Subtotal164,219 109,194 
Home Services and Other79 686 
Total$164,298 $109,880 
Investments in equity investees
Storage and Transportation$— $286 
Total$— $286 
Schedule of Assets for Business Segments and Business Operations
The Company's assets for the various reporting segments and business operations are detailed below:
(Thousands)December 31, 2021September 30,
2021
Assets at end of period:
Natural Gas Distribution$3,861,240 $3,707,461 
Clean Energy Ventures937,696 914,788 
Energy Services393,744 365,423 
Storage and Transportation928,653 862,407 
Subtotal6,121,333 5,850,079 
Home Services and Other148,368 162,134 
Intercompany assets (1)
(288,544)(289,935)
Total$5,981,157 $5,722,278 
(1)Consists of transactions between subsidiaries that are eliminated and reclassified in consolidation.
Reconciliation of Consolidated NFE to Consolidated Net Income A reconciliation of consolidated NFE to consolidated net income is as follows:
Three Months Ended
December 31,
(Thousands)20212020
Net financial earnings$65,770 $44,657 
Less:
Unrealized (gain) on derivative instruments and related transactions(82,191)(37,491)
Tax effect19,536 8,913 
Effects of economic hedging related to natural gas inventory23,577 (7,532)
Tax effect(5,603)1,790 
NFE tax adjustment(861)(2,068)
Net income$111,312 $81,045