Q3 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$5.6B-6.3% YoY

Gross Profit

$3.0B53.9% margin

Operating Income

$1.8B32.7% margin

Net Income

$1.3B22.3% margin

EPS (Diluted)

$1.18

QoQ Revenue Growth

+21.6%

Cash Flow

Operating Cash Flow

$2.4B

Free Cash Flow

$210M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$123.2B

Total Liabilities

$90.4B

Stockholders' Equity

$28.6B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.6B	$6.0B	-6.3%
Gross Profit	$3.0B	$3.2B	-4.8%
Operating Income	$1.8B	$2.0B	-8.8%
Net Income	$1.3B	$1.3B	-4.9%

Revenue Segments

Other Natural Gas

$476M25%

Natural Gas Distribution

$474M25%

Other Natural Gas - Wholesale Gas Services

$431M23%

Natural Gas Distribution - Transportation

$224M12%

Natural Gas Distribution - Residential

$170M9%

Natural Gas Distribution - Commercial

$41M2%

Other Natural Gas - Gas Marketing Services

$38M2%

Natural Gas Distribution - Other

$35M2%

Other Natural Gas - Other Natural Gas Revenues

$7M0%

Natural Gas Distribution - Industrial

$4M0%