| 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, 2025 and 2024, presented by type of service from each reportable segment. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended June 30, 2025 (Thousands) | | | | | | | | | | | | Revenues By Type of Service | Exploration and Production | | Pipeline and Storage | | Gathering | | Utility | | All Other | | Corporate and Intersegment Eliminations | | Total Consolidated | | Production of Natural Gas | $ | 300,137 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 300,137 | | | Production of Crude Oil | 434 | | | — | | | — | | | — | | | — | | | — | | | 434 | | | Natural Gas Processing | 267 | | | — | | | — | | | — | | | — | | | — | | | 267 | | | Natural Gas Gathering Service | — | | | — | | | 67,873 | | | — | | | — | | | (65,354) | | | 2,519 | | | Natural Gas Transportation Service | — | | | 80,235 | | | — | | | 21,639 | | | — | | | (26,845) | | | 75,029 | | | Natural Gas Storage Service | — | | | 25,028 | | | — | | | — | | | — | | | (10,604) | | | 14,424 | | | Natural Gas Residential Sales | — | | | — | | | — | | | 118,551 | | | — | | | — | | | 118,551 | | | Natural Gas Commercial Sales | — | | | — | | | — | | | 15,349 | | | — | | | — | | | 15,349 | | | Natural Gas Industrial Sales | — | | | — | | | — | | | 732 | | | — | | | (1) | | | 731 | | | | | | | | | | | | | | | | | Other | 530 | | | 316 | | | — | | | (633) | | | — | | | (224) | | | (11) | | | Total Revenues from Contracts with Customers | 301,368 | | | 105,579 | | | 67,873 | | | 155,638 | | | — | | | (103,028) | | | 527,430 | | | Alternative Revenue Programs | — | | | — | | | — | | | 1,885 | | | — | | | — | | | 1,885 | | | Derivative Financial Instruments | 2,515 | | | — | | | — | | | — | | | — | | | — | | | 2,515 | | | Total Revenues | $ | 303,883 | | | $ | 105,579 | | | $ | 67,873 | | | $ | 157,523 | | | $ | — | | | $ | (103,028) | | | $ | 531,830 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended June 30, 2025 (Thousands) | | | | | | | | | | Revenues By Type of Service | Exploration and Production | | Pipeline and Storage | | Gathering | | Utility | | All Other | | Corporate and Intersegment Eliminations | | Total Consolidated | | Production of Natural Gas | $ | 836,000 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 836,000 | | | Production of Crude Oil | 1,341 | | | — | | | — | | | — | | | — | | | — | | | 1,341 | | | Natural Gas Processing | 881 | | | — | | | — | | | — | | | — | | | — | | | 881 | | | Natural Gas Gathering Service | — | | | — | | | 194,034 | | | — | | | — | | | (184,834) | | | 9,200 | | | Natural Gas Transportation Service | — | | | 243,921 | | | — | | | 93,815 | | | — | | | (81,564) | | | 256,172 | | | Natural Gas Storage Service | — | | | 75,309 | | | — | | | — | | | — | | | (31,799) | | | 43,510 | | | Natural Gas Residential Sales | — | | | — | | | — | | | 532,001 | | | — | | | — | | | 532,001 | | | Natural Gas Commercial Sales | — | | | — | | | — | | | 77,194 | | | — | | | — | | | 77,194 | | | Natural Gas Industrial Sales | — | | | — | | | — | | | 4,007 | | | — | | | (4) | | | 4,003 | | | | | | | | | | | | | | | | | Other | 2,070 | | | 2,535 | | | — | | | 12,507 | | | — | | | (761) | | | 16,351 | | | Total Revenues from Contracts with Customers | 840,292 | | | 321,765 | | | 194,034 | | | 719,524 | | | — | | | (298,962) | | | 1,776,653 | | | Alternative Revenue Programs | — | | | — | | | — | | | 10,200 | | | — | | | — | | | 10,200 | | | Derivative Financial Instruments | 24,409 | | | — | | | — | | | — | | | — | | | — | | | 24,409 | | | Total Revenues | $ | 864,701 | | | $ | 321,765 | | | $ | 194,034 | | | $ | 729,724 | | | $ | — | | | $ | (298,962) | | | $ | 1,811,262 | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended June 30, 2024 (Thousands) | | | | | | | | | | | | Revenues By Type of Service | Exploration and Production | | Pipeline and Storage | | Gathering | | Utility | | All Other | | Corporate and Intersegment Eliminations | | Total Consolidated | | Production of Natural Gas | $ | 144,374 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 144,374 | | | Production of Crude Oil | 511 | | | — | | | — | | | — | | | — | | | — | | | 511 | | | Natural Gas Processing | 195 | | | — | | | — | | | — | | | — | | | — | | | 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 | | | | | | | | | | | | | | | | | Other | 363 | | | 1,167 | | | — | | | (618) | | | — | | | (207) | | | 705 | | | Total Revenues from Contracts with Customers | 145,443 | | | 105,419 | | | 60,120 | | | 121,608 | | | — | | | (93,946) | | | 338,644 | | | Alternative Revenue Programs | — | | | — | | | — | | | 3,336 | | | — | | | — | | | 3,336 | | | Derivative Financial Instruments | 75,462 | | | — | | | — | | | — | | | — | | | — | | | 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 Service | Exploration and Production | | Pipeline and Storage | | Gathering | | Utility | | All Other | | Corporate and Intersegment Eliminations | | Total Consolidated | | Production of Natural Gas | $ | 580,233 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 580,233 | | | Production of Crude Oil | 1,722 | | | — | | | — | | | — | | | — | | | — | | | 1,722 | | | Natural Gas Processing | 765 | | | — | | | — | | | — | | | — | | | — | | | 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 | | | | | | | | | | | | | | | | | Other | 1,416 | | | 4,073 | | | — | | | (2,066) | | | — | | | (695) | | | 2,728 | | | Total Revenues from Contracts with Customers | 584,136 | | | 307,852 | | | 186,701 | | | 597,507 | | | — | | | (278,804) | | | 1,397,392 | | | Alternative Revenue Programs | — | | | — | | | — | | | 19,949 | | | — | | | — | | | 19,949 | | | Derivative Financial Instruments | 155,401 | | | — | | | — | | | — | | | — | | | — | | | 155,401 | | | Total Revenues | $ | 739,537 | | | $ | 307,852 | | | $ | 186,701 | | | $ | 617,456 | | | $ | — | | | $ | (278,804) | | | $ | 1,572,742 | | | | | | | | | | | | | | | |
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: $59.0 million for the remainder of fiscal 2025; $221.9 million for fiscal 2026; $204.8 million for fiscal 2027; $154.5 million for fiscal 2028; $124.5 million for fiscal 2029; and $650.2 million thereafter.
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