Q2 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$7.2B+38.6% YoY

Gross Profit

$3.0B41.2% margin

Operating Income

$1.7B23.0% margin

Net Income

$1.1B15.4% margin

EPS (Diluted)

$1.03

QoQ Revenue Growth

+8.4%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$193M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$130.8B

Total Liabilities

$97.5B

Stockholders' Equity

$29.0B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.2B	$5.2B	+38.6%
Gross Profit	$3.0B	$2.4B	+25.8%
Operating Income	$1.7B	$708M	+133.8%
Net Income	$1.1B	$376M	+195.5%

Revenue Segments

Natural Gas

$1.1B34%

Natural Gas Distribution

$963M30%

Natural Gas Distribution - Residential

$474M15%

Natural Gas Distribution - Transportation

$276M9%

Natural Gas Distribution - Commercial

$130M4%

Other Natural Gas

$100M3%

Other Natural Gas - Gas Marketing Services

$90M3%

Natural Gas Distribution - Other

$67M2%

Natural Gas Distribution - Industrial

$16M0%

Other Natural Gas - Other Natural Gas Revenues

$10M0%