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REPORTING SEGMENT AND OTHER OPERATIONS DATA (Tables)
 9 Months Ended
Jun. 30, 2022
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 EndedNine Months Ended
June 30,June 30,
(Thousands)2022202120222021
Operating revenues
Natural Gas Distribution
External customers$199,357 $127,626 $937,266 $633,522 
Intercompany338 — 1,013 — 
Clean Energy Ventures
External customers13,795 13,381 35,805 26,227 
Energy Services
External customers (1)
309,236 202,516 1,086,093 889,631 
Intercompany(1,421)(922)3,611 4,009 
Storage and Transportation
External customers15,779 10,999 40,168 36,703 
Intercompany611 650 1,707 1,976 
Subtotal537,695 354,250 2,105,663 1,592,068 
Home Services and Other
External customers14,168 13,071 41,161 38,002 
Intercompany52 241 232 660 
Eliminations420 31 (6,563)(6,645)
Total$552,335 $367,593 $2,140,493 $1,624,085 
Depreciation and amortization
Natural Gas Distribution$23,951 $19,894 $70,188 $58,538 
Clean Energy Ventures5,358 5,200 15,902 15,318 
Energy Services (2)
34 28 94 83 
Storage and Transportation3,323 2,443 8,027 7,447 
Subtotal32,666 27,565 94,211 81,386 
Home Services and Other207 260 614 747 
Eliminations(1)(58)(125)(156)
Total$32,872 $27,767 $94,700 $81,977 
Interest income (3)
Natural Gas Distribution$250 $90 $634 $248 
Clean Energy Ventures— — — 240 
Energy Services— 11 — 11 
Storage and Transportation501 350 1,259 1,895 
Subtotal751 451 1,893 2,394 
Home Services and Other225 129 527 388 
Eliminations(292)(233)(747)(709)
Total$684 $347 $1,673 $2,073 
(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 natural 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 EndedNine Months Ended
June 30,June 30,
(Thousands)2022202120222021
Interest expense, net of capitalized interest
Natural Gas Distribution$11,474 $8,667 $33,233 $26,647 
Clean Energy Ventures5,510 4,998 16,332 15,298 
Energy Services1,115 240 2,585 1,495 
Storage and Transportation3,177 2,937 7,160 10,497 
Subtotal21,276 16,842 59,310 53,937 
Home Services and Other135 1,902 504 4,746 
Total$21,411 $18,744 $59,814 $58,683 
Income tax provision (benefit)
Natural Gas Distribution$1,508 $889 $44,401 $24,878 
Clean Energy Ventures(1,526)(1,448)(5,524)(7,248)
Energy Services2,338 (8,805)22,053 26,445 
Storage and Transportation1,675 (10,393)2,732 (8,874)
Subtotal3,995 (19,757)63,662 35,201 
Home Services and Other180 415 682 474 
Eliminations259 557 (293)2,038 
Total$4,434 $(18,785)$64,051 $37,713 
Equity in earnings (loss) of affiliates
Storage and Transportation$5,274 $(88,615)$7,586 $(82,036)
Eliminations(473)(618)(1,441)(1,718)
Total$4,801 $(89,233)$6,145 $(83,754)
Net financial earnings (loss)
Natural Gas Distribution$2,648 $1,581 $156,511 $131,589 
Clean Energy Ventures(5,098)(4,926)(18,410)(24,072)
Energy Services(5,003)(12,527)42,504 85,501 
Storage and Transportation3,526 2,387 11,113 10,606 
Subtotal(3,927)(13,485)191,718 203,624 
Home Services and Other215 (384)1,113 301 
Eliminations161 (279)(406)(2,812)
Total$(3,551)$(14,148)$192,425 $201,113 
Capital expenditures
Natural Gas Distribution$79,976 $150,642 $205,440 $327,127 
Clean Energy Ventures38,948 10,661 105,504 51,545 
Storage and Transportation20,560 22,479 129,608 50,186 
Subtotal139,484 183,782 440,552 428,858 
Home Services and Other320 244 562 1,055 
Total$139,804 $184,026 $441,114 $429,913 
Investments in (return of capital from) equity investees
Storage and Transportation$(1,479)$208 $(5,479)$690 
Total$(1,479)$208 $(5,479)$690 
Schedule of Assets for Business Segments and Business Operations
The Company's assets for the various reporting segments and business operations are detailed below:
(Thousands)June 30,
2022		September 30,
2021
Assets at end of period:
Natural Gas Distribution$3,959,609 $3,707,461 
Clean Energy Ventures994,762 914,788 
Energy Services370,233 365,423 
Storage and Transportation985,525 862,407 
Subtotal6,310,129 5,850,079 
Home Services and Other139,652 162,134 
Intercompany assets (1)
(287,860)(289,935)
Total$6,161,921 $5,722,278 
(1)Consists of transactions between subsidiaries that are eliminated and reclassified in consolidation.
Reconciliation of Consolidated NFE to Consolidated Net Income A reconciliation of consolidated NFE to consolidated net income is as follows:
Three Months EndedNine Months Ended
June 30,June 30,
(Thousands)2022202120222021
Net financial (loss) earnings$(3,551)$(14,148)$192,425 $201,113 
Less:
Unrealized (gain) loss on derivative instruments and related transactions(17,891)21,862 (58,060)13,627 
Tax effect4,253 (5,198)13,809 (3,240)
Effects of economic hedging related to natural gas inventory428 2,486 25,160 (12,255)
Tax effect(102)(591)(5,979)2,912 
(Gain on) impairment of equity method investment(4,021)92,000 (4,021)92,000 
Tax effect1,003 (11,934)1,003 (11,934)
NFE tax adjustment(274)(942)113 980 
Net income (loss)$13,053 $(111,831)$220,400 $119,023