Natural Gas Transmisison & Distribution: capital spending and supply chain
SIC 4923 · 5 companies with filed cash-flow statements
Capital spending, 12 months$5.0B
Operating cash flow$6.8B
Capex / cash flow74%
Capex / revenue9.9%
Top 3 share98%
Analysis
5 companies in Natural Gas Transmisison & Distribution (SIC 4923) spent $5.0B on capital projects over their latest twelve months, 74% of the $6.8B their operations generated; the three largest spenders — OKE, SWX, CPK — account for 98%.
Capital spending is 9.9% of the industry's $50.5B of annual revenue.
By the industry's asset mix most of it goes to structures (45%); about $566M is imported.
The largest supplier of that spending is power and communication structures ($1.9B).
Its largest supplying industries, by the input-output tables: monetary authorities and depository credit intermediation ($2.3B), imports ($1.4B), plate work and fabricated structural product manufacturing ($1.2B).
Charts
Filed cash-flow statements (SEC XBRL).Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.