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REPORTING SEGMENT AND OTHER OPERATIONS DATA (Tables)
 3 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information related to the Company's various reporting segments and other operations is detailed below:
 
Three Months Ended
 
December 31,
(Thousands)
2019
2018
Operating revenues
 
 
Natural Gas Distribution
 
 
External customers
$
219,623

$
199,965

Clean Energy Ventures
 
 
External customers
6,212

14,897

Energy Services
 
 
External customers (1)
368,304

584,960

Intercompany
2,111

2,307

Midstream
 
 
External customers
8,405

—

Intercompany
667

—

Subtotal
605,322

802,129

Home Services and Other
 
 
External customers
12,492

11,945

Intercompany
415

545

Eliminations
(3,193
)
(2,852
)
Total
$
615,036

$
811,767

Depreciation and amortization
 
 
Natural Gas Distribution
$
16,817

$
13,896

Clean Energy Ventures
9,437

7,923

Energy Services (2)
29

27

Midstream
1,681

1

Subtotal
27,964

21,847

Home Services and Other
246

221

Eliminations
(452
)
(236
)
Total
$
27,758

$
21,832

Interest income (3)
 
 
Natural Gas Distribution
$
107

$
199

Energy Services
37

—

Midstream
697

1,056

Subtotal
841

1,255

Home Services and Other
491

436

Eliminations
(1,146
)
(1,492
)
Total
$
186

$
199

(1)
Includes sales to Canada for the Energy Services segment, which are immaterial.
(2)
The amortization of acquired wholesale energy contracts is excluded above and is included in gas purchases - nonutility on the Unaudited Condensed Consolidated Statements of Operations.
(3)
Included in other income, net on the Unaudited Condensed Consolidated Statements of Operations.
 
Three Months Ended
 
December 31,
(Thousands)
2019
2018
Interest expense, net of capitalized interest
 
 
Natural Gas Distribution
$
7,832

$
6,103

Clean Energy Ventures
4,492

5,428

Energy Services
1,226

1,887

Midstream
2,822

543

Subtotal
16,372

13,961

Home Services and Other
272

392

Eliminations
(574
)
(867
)
Total
$
16,070

$
13,486

Income tax provision (benefit)
 
 
Natural Gas Distribution
$
8,635

$
5,830

Clean Energy Ventures
(20,564
)
(23,204
)
Energy Services
10,752

9,644

Midstream
702

962

Subtotal
(475
)
(6,768
)
Home Services and Other
219

(192
)
Eliminations
(3
)
(1
)
Total
$
(259
)
$
(6,961
)
Equity in earnings of affiliates
 
 
Midstream
$
3,664

$
3,801

Eliminations
(275
)
(640
)
Total
$
3,389

$
3,161

Net financial earnings (loss)
 
 
Natural Gas Distribution
$
43,856

$
31,713

Clean Energy Ventures
(4,916
)
10,205

Energy Services
(2,911
)
8,370

Midstream
3,004

3,651

Subtotal
39,033

53,939

Home Services and Other
1,109

76

Eliminations
263

78

Total
$
40,405

$
54,093

Capital expenditures
 
 
Natural Gas Distribution
$
77,797

$
59,755

Clean Energy Ventures
45,699

32,126

Midstream
2,561

1,689

Subtotal
126,057

93,570

Home Services and Other
126

731

Total
$
126,183

$
94,301

Investments in equity investees
 
 
Midstream
$
509

$
—

Total
$
509

$
—
Reconciliation of Consolidated NFE to Consolidated Net Income A reconciliation of consolidated NFE to consolidated net income is as follows:
 
Three Months Ended
 
December 31,
(Thousands)
2019
2018
Net financial earnings
$
40,405

$
54,093

Less:
 
 
Unrealized gain on derivative instruments and related transactions
(41,766
)
(10,932
)
Tax effect
9,931

2,583

Effects of economic hedging related to natural gas inventory
(8,887
)
(21,611
)
Tax effect
2,112

5,136

NFE tax adjustment
(10,346
)
(7,331
)
Net income
$
89,361

$
86,248
Reconciliation of Assets from Segment to Consolidated
The Company's assets for the various business segments and business operations are detailed below:
(Thousands)
December 31,
2019
September 30,
2019
Assets at end of period:
 
 
Natural Gas Distribution
$
3,190,229

$
3,064,309

Clean Energy Ventures
944,740

864,323

Energy Services
381,367

290,847

Midstream
651,306

240,955

Subtotal
5,167,642

4,460,434

Home Services and Other
110,562

104,411

Intercompany assets (1)
(183,038
)
(191,860
)
Total
$
5,095,166

$
4,372,985

(1)
Consists of transactions between subsidiaries that are eliminated and reclassified in consolidation.