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Statement of Net Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues:        
Revenues $ 107,388 $ 107,858 $ 219,784 $ 221,677
Operating Expenses:        
Operation and maintenance 20,158 22,741 39,674 40,486
General and administrative 12,495 13,030 25,353 24,789
Depreciation and amortization 28,176 28,507 56,053 57,149
Taxes — other than income taxes 4,017 4,349 7,636 8,430
Regulatory charges resulting from tax rate changes 0 5,879 0 11,693
Other (income) expense, net (4,437) 308 (9,009) 723
Total operating expenses 60,409 74,814 119,707 143,270
Operating Income 46,979 33,044 100,077 78,407
Other (Income) and Other Expenses:        
Interest expense 6,790 7,691 14,220 15,319
Allowance for equity and borrowed funds used during construction (AFUDC) (536) (769) (1,382) (1,469)
Miscellaneous other (income) expense, net (2,167) (802) (4,691) (1,601)
Total other (income) and other expenses 4,087 6,120 8,147 12,249
Net Income 42,892 26,924 91,930 66,158
Natural gas transportation        
Operating Revenues:        
Revenues 100,459 104,213 206,555 213,920
Natural gas storage        
Operating Revenues:        
Revenues 4,563 3,223 8,038 6,407
Other        
Operating Revenues:        
Revenues $ 2,366 $ 422 $ 5,191 $ 1,350