Southern Company(SO)
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Georgia Power continues renewable energy growth by awarding largest distributed generation solar procurement in company's history
Prnewswire· 2026-03-24 14:00
Georgia Power continues renewable energy growth by awarding largest distributed generation solar procurement in company's history Accessibility StatementSkip NavigationMore than 110 megawatts of new solar generation to be added to meet energy demands of a growing Georgia; Resources originally approved in 2022 Integrated Resource PlanATLANTA, March 24, 2026 /PRNewswire/ -- Georgia Power has awarded the final contracts in the largest set of distributed generation (DG) solar power purchase agreements in compan ...
Southern Company first-quarter 2026 earnings to be released April 30
Prnewswire· 2026-03-24 14:00
Southern Company first-quarter 2026 earnings to be released April 30 Accessibility StatementSkip NavigationATLANTA, March 24, 2026 /PRNewswire/ -- Southern Company plans to release its earnings for the first quarter of 2026 by 7:30 a.m. ET on Thursday, April 30, 2026.Chairman, President and CEO Christopher C. Womack and CFO David P. Poroch will discuss earnings during a conference call for financial analysts at 1 p.m. ET on Thursday, April 30.Investors, media and the public may listen to a live webcast of t ...
Veteran Broker Lance Martin Leaves Coldwell Banker After 24 Years, Joins eXp Realty
Globenewswire· 2026-03-19 16:00
BELLINGHAM, Wash., March 19, 2026 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric™ real estate brokerage on the planet” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that Southern California real estate leader Lance Martin has joined the brokerage. After spending 24 years with Coldwell Banker, Martin has made the decision to move his business, The Martin Group / Cobalt Realty Group, to eXp Realty. The Southern California organization includes 140 agents across ...
Blount County, Alabama Communications District selects Southern Linc to integrate two-way radio systems for public safety employees
Prnewswire· 2026-03-17 14:00
Interoperable gateway solution connects multiple public safety networks and expands push-to-talk calling area by thousands of miles. ATLANTA, March 17, 2026 /PRNewswire/ -- Southern Linc, a subsidiary of Southern Company (NYSE: SO), has partnered with the Blount County, Alabama Communications District (BCCD) to integrate the county's existing VHF, P25 and other networks with the CriticalLincâ"¢ LTE network. Blount County was faced with the challenge of achieving dependable handheld radio coverage without ex ...
Southern Company Expected to Become a Dividend Aristocrat — But Is the Dividend Actually Safe?
247Wallst· 2026-03-16 12:15
Core Viewpoint - Southern Company is on track to achieve Dividend Aristocrat status, having raised its dividend for 24 consecutive years, with a current yield of 3% and trading near $98, despite facing challenges related to a significant capital expenditure plan and rising interest costs [1][4]. Financial Performance - The company has a five-year capital plan amounting to $81 billion, which has resulted in negative free cash flow of $3.6 billion, but this is covered three times by operating cash flow [1][9]. - Southern Company generated $9.8 billion in operating cash flow in 2025, while capital expenditures reached $13.4 billion, leading to negative free cash flow [9]. Dividend Metrics - The annual dividend is $2.96 per share, with a dividend yield of 3% and an earnings payout ratio of approximately 75%, which is elevated but typical for regulated utilities [5][10]. - The most recent dividend increase was from $0.72 to $0.74 per quarter, effective Q2 2025, reflecting a modest increase strategy [5][12]. Growth Projections - Southern Company is targeting an earnings per share (EPS) growth of 8% to 9% through 2028, supported by 26 signed large load contracts representing 10 gigawatts of data center demand in its Southeast territories [2][13]. - Management has indicated a strategy to lower the dividend payout ratio into the low to mid-60s range over the forecast horizon, ensuring a safer payout ratio [12][13]. Debt and Interest Expenses - The total debt stands at $65.8 billion, with a debt-to-equity ratio of 1.83x, which is considered moderate for the sector [11]. - Interest expenses increased to $3.3 billion in 2025 from $2.4 billion in 2023, influenced by the company's capital plan [11].
Southern Cross Gold Drills Record High-Grade in Shallow Apollo: 17.3 Metres at 15.3 g/t Gold & 3.2% Antimony
TMX Newsfile· 2026-03-16 10:00
Core Insights - Southern Cross Gold Consolidated Ltd. (SXGC) reported significant drilling results from the Sunday Creek Gold-Antimony Project, highlighting high-grade intersections, particularly 17.3 m at 22.9 g/t AuEq, marking the best composite recorded in the upper Apollo system [1][4][9]. Drilling Results - Four drill holes (SDDSC195, SDDSC198, SDDSC199, SDDSC200) were completed, demonstrating consistent mineralization across the upper Apollo area, with all holes intersecting mineralized vein sets [7][11]. - The highest-grade composite intersection recorded was 17.3 m at 22.9 g/t AuEq from drill hole SDDSC200, including 6.3 m at 32.3 g/t Au and 7.0% Sb [9][16]. - Multiple intervals in the reported holes exceeded 20% antimony, indicating high concentrations consistent with the epizonal character of the Sunday Creek system [6][12]. Geological Insights - The upper Apollo system is characterized by a coherent vein architecture, with new high-grade cores identified in previously unrecognized vein sets, suggesting ongoing expansion of the mineralized system [4][11][18]. - The geological model supports the presence of high-grade gold-antimony mineralization from near surface, with significant discovery potential remaining [13][29]. Strategic Importance - The project is strategically significant due to its dual-metal profile, particularly in light of global supply constraints for antimony, a critical metal for various high-tech applications [30][33]. - SXGC's ongoing 200,000 m drill program aims to explore previously undrilled gaps and infill known vein sets, with 46 holes pending results and ten rigs currently operational [19][22]. Company Overview - Southern Cross Gold is focused on defining a leading gold-antimony project at Sunday Creek, located 60 km north of Melbourne, with a significant number of high-grade drill results reported [32][35]. - The company holds a strong cash position and strategic land ownership, positioning it well for advancing this globally significant discovery [35].
The Southern Company Gets the Largest Ever Loan from the US Department of Energy
Insider Monkey· 2026-03-12 03:58
Core Insights - Generative AI is viewed as a transformative technology by Amazon's CEO Andy Jassy, indicating its potential to reinvent customer experiences [1] - Elon Musk predicts that humanoid robots could create a market worth $250 trillion by 2040, reshaping the global economy [2] - Major firms like PwC and McKinsey acknowledge that AI could unlock multi-trillion-dollar potential, supporting Musk's ambitious forecast [3] Industry Trends - The AI revolution is characterized by a powerful breakthrough that is redefining work, learning, and creativity, attracting significant interest from hedge funds and top investors [4] - A lesser-known company is identified as holding the key to the AI revolution, suggesting that it may be undervalued compared to larger tech firms [6] - Prominent figures in technology and investment, including Bill Gates and Warren Buffett, recognize AI as a major technological advancement with the potential for significant social impact [8] Investment Opportunities - There is a strong belief that investors will regret not owning shares in a specific under-owned company that is pivotal to the AI revolution [9] - A detailed report on this company and its technology is available, highlighting its growth potential and significance in the AI landscape [10]
Southern Company (SO) Price Target Raised by TD Cowen on Financing and Demand Outlook
Yahoo Finance· 2026-03-10 17:36
Core Viewpoint - The Southern Company is positioned as a potential Dividend Aristocrat, supported by significant financing from the U.S. Department of Energy and a favorable demand outlook for electricity [1]. Group 1: Financing and Support - The U.S. Department of Energy has provided a $26.54 billion loan to Southern Company's subsidiaries, marking the largest loan ever issued by the department's loan office [3]. - This financing is expected to enhance power grid reliability and help customers in Georgia and Alabama save over $7 billion, partly due to a commitment to freeze electricity rates for three years [3]. - The loan will support over 16 gigawatts of new and upgraded power capacity, including projects in natural gas generation, nuclear facility upgrades, hydropower modernization, energy storage development, and transmission improvements [4]. Group 2: Market Outlook and Valuation - TD Cowen raised the price target for Southern Company shares to $112 from $108, maintaining a Buy rating, citing the loan guarantee as a financing win and political support for the company's growth strategy [2]. - The company argues that increased electricity demand can benefit customers, and minimum bill contracts help cover system costs, easing pressure on electricity rates [2]. - With affordability concerns currently less central, TD Cowen believes Southern Company may deserve a higher valuation premium [2]. Group 3: Company Overview - Southern Company operates several subsidiaries, including three traditional electric utilities, Southern Power Company, and Southern Company Gas, providing electricity to retail and wholesale customers across the Southeast [5].
Southern Company (NYSE: SO) Investment Insights
Financial Modeling Prep· 2026-03-06 21:22
Core Viewpoint - Southern Company is a significant energy provider in the U.S., focusing on electricity generation, transmission, and distribution, with a competitive landscape that includes Duke Energy and NextEra Energy [1] Investment Sentiment - Analyst Shelby Tucker from Cowen & Co. has set a price target of $112 for Southern Company, indicating a potential increase of 15.33% from the current stock price of $97.11, reflecting confidence in the company's future performance [2][6] - 111 Capital has invested approximately $3.4 million in Southern Company by acquiring 36,169 shares, representing about 0.6% of its portfolio, which indicates positive sentiment towards the company's growth potential [3][6] - Other investment firms, including Cloud Capital Management LLC, Grey Fox Wealth Advisors LLC, and Steigerwald Gordon and Koch Inc., have also made new investments in Southern Company, with amounts of $25,000, $29,000, and $34,000 respectively [4] Stock Performance - Southern Company's stock is currently priced at $96.41, with a slight decrease of 0.79 or -0.81%, and has ranged from $96.16 to $97.35 today [5] - Over the past year, the stock has reached a high of $100.84 and a low of $83.09, with a market capitalization of approximately $107.92 billion, maintaining its status as a major player in the energy sector [5]
The Nuclear Energy Palimpsest
Etftrends· 2026-03-06 17:35
Core Insights - The nuclear energy sector is experiencing renewed interest due to the completion of new plants and changing perceptions about nuclear power's role in addressing climate change [1] - Traditional nuclear power remains the primary source of nuclear energy in the U.S. for the next few years, with 94 operating reactors generating approximately 97.0 GW of capacity [1] - Investment opportunities in nuclear energy are expanding, with various avenues for exposure, including traditional utilities, independent power producers, and emerging technology companies [1][2] Group 1: Industry Overview - The completion of The Southern Company's Vogtle units 3 and 4 marks the first new traditional nuclear capacity built from scratch in nearly four decades [1] - U.S. nuclear reactors generated about 816 terawatt-hours (TWh) of electricity in 2024, accounting for roughly 18-19% of total U.S. electricity generation and about 55% of carbon-free electricity [1] - The current U.S. commercial fleet consists entirely of light-water reactors (LWRs), specifically Pressurized Water Reactors (PWRs) and Boiling Water Reactors (BWRs) [1] Group 2: Future Developments - New nuclear generation sources are expected to come from extending the lives of existing plants, recommissioning retired plants, and improving efficiency through technology [1] - Small modular reactors (SMRs) and advanced non-light-water reactors are being explored as potential new sources of nuclear power, with hopes of being less capital-intensive and easier to permit [1] - Fusion energy, while promising, is projected to be commercially viable only beyond 2040, with some estimates extending to 2100 [1] Group 3: Investment Opportunities - Investment in nuclear energy is becoming more attractive, with real investment dollars being allocated to both private and public deals [1] - Exposure to nuclear energy can be gained through traditional electric and gas utilities, independent power producers, and companies focused on new technologies [1][2] - The S&P 500 shows less than 1% of revenues from direct nuclear power producers, but this rises to 20% for companies with critical dependencies, such as big tech and utilities [2]