XML 20 R9.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Revenue from Contracts with Customers
 9 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
 
    The following tables provide a disaggregation of the Company's revenues for the quarter and nine months ended June 30, 2024 and 2023, presented by type of service from each reportable segment.
Quarter Ended June 30, 2024 (Thousands)   
Revenues By Type of ServiceExploration and ProductionPipeline and StorageGatheringUtilityAll OtherCorporate and Intersegment EliminationsTotal Consolidated
Production of Natural Gas$144,374 $— $— $— $— $— $144,374 
Production of Crude Oil511 — — — — — 511 
Natural Gas Processing195 — — — — — 195 
Natural Gas Gathering Service— — 60,120 — — (56,476)3,644 
Natural Gas Transportation Service— 79,640 — 21,690 — (26,826)74,504 
Natural Gas Storage Service— 24,612 — — — (10,436)14,176 
Natural Gas Residential Sales— — — 89,034 — — 89,034 
Natural Gas Commercial Sales— — — 11,022 — — 11,022 
Natural Gas Industrial Sales— — — 480 — (1)479 
Other363 1,167 — (618)— (207)705 
Total Revenues from Contracts with Customers145,443 105,419 60,120 121,608 — (93,946)338,644 
Alternative Revenue Programs— — — 3,336 — — 3,336 
Derivative Financial Instruments75,462 — — — — — 75,462 
Total Revenues$220,905 $105,419 $60,120 $124,944 $— $(93,946)$417,442 
Nine Months Ended June 30, 2024 (Thousands)   
Revenues By Type of ServiceExploration and ProductionPipeline and StorageGatheringUtilityAll OtherCorporate and Intersegment EliminationsTotal Consolidated
Production of Natural Gas$580,233 $— $— $— $— $— $580,233 
Production of Crude Oil1,722 — — — — — 1,722 
Natural Gas Processing765 — — — — — 765 
Natural Gas Gathering Service— — 186,701 — — (174,544)12,157 
Natural Gas Transportation Service— 232,532 — 88,817 — (73,040)248,309 
Natural Gas Storage Service— 71,247 — — — (30,520)40,727 
Natural Gas Residential Sales— — — 445,971 — — 445,971 
Natural Gas Commercial Sales— — — 62,117 — — 62,117 
Natural Gas Industrial Sales— — — 2,668 — (5)2,663 
Other1,416 4,073 — (2,066)— (695)2,728 
Total Revenues from Contracts with Customers584,136 307,852 186,701 597,507 — (278,804)1,397,392 
Alternative Revenue Programs— — — 19,949 — — 19,949 
Derivative Financial Instruments155,401 — — — — — 155,401 
Total Revenues$739,537 $307,852 $186,701 $617,456 $— $(278,804)$1,572,742 
Quarter Ended June 30, 2023 (Thousands)   
Revenues By Type of ServiceExploration and ProductionPipeline and StorageGatheringUtilityAll OtherCorporate and Intersegment EliminationsTotal Consolidated
Production of Natural Gas$157,682 $— $— $— $— $— $157,682 
Production of Crude Oil483 — — — — — 483 
Natural Gas Processing284 — — — — — 284 
Natural Gas Gathering Service— — 58,906 — — (54,277)4,629 
Natural Gas Transportation Service— 70,424 — 19,905 — (20,311)70,018 
Natural Gas Storage Service— 21,147 — — — (9,006)12,141 
Natural Gas Residential Sales— — — 108,398 — — 108,398 
Natural Gas Commercial Sales— — — 13,971 — — 13,971 
Natural Gas Industrial Sales— — — 866 — (2)864 
Other290 824 — 406 — (199)1,321 
Total Revenues from Contracts with Customers158,739 92,395 58,906 143,546 — (83,795)369,791 
Alternative Revenue Programs— — — 1,071 — — 1,071 
Derivative Financial Instruments57,842 — — — — — 57,842 
Total Revenues$216,581 $92,395 $58,906 $144,617 $— $(83,795)$428,704 
Nine Months Ended June 30, 2023 (Thousands)   
Revenues By Type of ServiceExploration and ProductionPipeline and StorageGatheringUtilityAll OtherCorporate and Intersegment EliminationsTotal Consolidated
Production of Natural Gas$849,811 $— $— $— $— $— $849,811 
Production of Crude Oil1,637 — — — — — 1,637 
Natural Gas Processing867 — — — — — 867 
Natural Gas Gathering Service— — 172,300 — — (163,297)9,003 
Natural Gas Transportation Service— 220,420 — 84,079 — (62,880)241,619 
Natural Gas Storage Service— 63,903 — — — (27,221)36,682 
Natural Gas Residential Sales— — — 671,352 — — 671,352 
Natural Gas Commercial Sales— — — 97,432 — — 97,432 
Natural Gas Industrial Sales— — — 5,273 — (6)5,267 
Other5,880 831 — (1,717)— (747)4,247 
Total Revenues from Contracts with Customers858,195 285,154 172,300 856,419 — (254,151)1,917,917 
Alternative Revenue Programs— — — 6,995 — — 6,995 
Derivative Financial Instruments(120,088)— — — — — (120,088)
Total Revenues$738,107 $285,154 $172,300 $863,414 $— $(254,151)$1,804,824 
    The Company records revenue related to its derivative financial instruments in the Exploration and Production segment. The Company also records revenue related to alternative revenue programs in its Utility segment. Revenue related to derivative financial instruments and alternative revenue programs are excluded from the scope of the authoritative guidance regarding revenue recognition since they are accounted for under other existing accounting guidance.

    The Company’s Pipeline and Storage segment expects to recognize the following revenue amounts in future periods related to “fixed” charges associated with remaining performance obligations for transportation and storage contracts: $58.9 million for the remainder of fiscal 2024; $224.8 million for fiscal 2025; $174.5 million for fiscal 2026; $136.4 million for fiscal 2027; $117.2 million for fiscal 2028; and $612.0 million thereafter.