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Southern Company's Georgia Power Freezes Base Rates Through 2028
ZACKS· 2025-07-03 13:06
Key Takeaways SO's Georgia Power will keep base electricity rates stable for customers through 2028. The rate freeze follows five hikes since 2023, which raised bills by over $43 per month. Storm-related recovery costs will be reviewed separately in a 2026 regulatory proceeding.The Southern Company’s (SO) subsidiary, Georgia Power, recently announced the approval of the stable and predictable base rates by the Georgia Public Service Commission (“PSC”) through the end of 2028. The decision stems from a sti ...
Southern Cross Gold Commences Trading on TSX Main Board
Newsfile· 2025-07-02 10:30
Core Viewpoint - Southern Cross Gold Consolidated Ltd has received final approval to list its common shares on the Toronto Stock Exchange, marking a significant milestone for the company and enhancing its access to capital markets and institutional investors [1][3]. Group 1: Listing and Trading - The company will commence trading on the TSX under the symbol "SXGC" on July 2, 2025, while continuing to trade on the Australian Securities Exchange under the symbol "SX2" [1]. - Shareholders are not required to take any action regarding their share certificates or registration due to the listing on the TSX [2]. Group 2: Strategic Importance - The transition to the main TSX board is expected to improve liquidity and broaden the institutional investor base, as TSX-listed companies are perceived as more established investment opportunities [3]. - Institutional investors are increasingly interested in Tier 1 Western-domiciled antimony and gold assets, providing enhanced trading flexibility across dual major exchanges [4]. Group 3: Project Overview - Southern Cross Gold controls the Sunday Creek Gold-Antimony Project, which is recognized as one of the significant gold and antimony discoveries in the Western world, with drilling results showing 66 intersections exceeding 100 g/t AuEq x m from 84 km of drilling [4]. - The project has a dual-metal profile, with antimony contributing approximately 20% of the in-situ value alongside gold, which is particularly relevant following China's export restrictions on antimony [5]. Group 4: Technical and Financial Position - Preliminary metallurgical work indicates non-refractory mineralization suitable for conventional processing, achieving gold recoveries of 93% to 98% through gravity and flotation methods [6]. - The company has a treasury of A$170 million and is set to commence a drill program exceeding 200 km, positioning it for accelerated expansion and derisking of the Sunday Creek project [6].
Vistra or Southern Company: Which Utility Stock Offers Better Upside?
ZACKS· 2025-06-26 17:11
Key Takeaways The Southern Company offers higher dividends, lower debt and better valuation than Vistra. VST's earnings and sales growth estimates outpace SO's, supported by nuclear and clean hydrogen projects. Vistra and The Southern Company continue to add new clean energy generation assets to their portfolio.The companies operating in the Zacks Utility -Electric Power industry offer a compelling opportunity due to their stable cash flows and regulated business models. Domestic-focused utilities typical ...
Southern's Units Expand RNG Portfolio, Boost Clean Energy Goals
ZACKS· 2025-06-26 13:06
Key Takeaways Virginia Natural Gas and Chattanooga Gas have completed new renewable natural gas purchases. The RNG purchases are expected to avoid 18,978 metric tons of CO2e emissions over their lifecycle. Supportive laws in Virginia and Tennessee enable SO's utilities to invest in RNG and recover related costs.Southern Company’s (SO) subsidiaries, Virginia Natural Gas and Chattanooga Gas, have taken a significant step forward by completing new purchases of renewable natural gas (“RNG”). This move further ...
Southern Company Gas expands clean energy portfolio with new renewable natural gas agreements for its Virginia and Tennessee subsidiaries
Prnewswire· 2025-06-25 15:45
About Virginia Natural Gas Virginia Natural Gas is one of four natural gas distribution companies under Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Serving over 314,000 customers in southeast Virginia, Virginia Natural Gas was again named a Top Workplace in 2024. The company has earned recognition for its safety, reliability and customer focus among natural gas service providers, and was named 2024 LDC of the Year by the VA Dept of Energy and VA Oil & Gas Association. For ...
Southern Company second-quarter earnings to be released July 31
Prnewswire· 2025-06-24 12:00
ATLANTA, June 24, 2025 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2025 by 7:30 a.m. ET on Thursday, July 31, 2025.Chairman, President and CEO Christopher C. Womack and CFO Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. ET on Thursday, July 31.Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by clicking ...
A Pair Trade Opportunity By The Southern Company Baby Bonds
Seeking Alpha· 2025-06-20 16:45
Group 1 - As global tensions rise, investors are increasingly seeking safer investment options due to fears of potential conflicts impacting market liquidity and increasing volatility [1] - The investing group Trade With Beta offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1] - The article emphasizes the importance of active portfolio management and discussion among sophisticated traders and investors during uncertain times [1] Group 2 - The article includes a disclosure regarding the author's beneficial long position in SOJE shares, indicating a vested interest in the stock mentioned [2] - It is noted that past performance is not indicative of future results, and no specific investment recommendations are provided [2] - The article clarifies that Seeking Alpha does not act as a licensed securities dealer or investment adviser, highlighting the independent nature of its analysts [2]
Georgia Power offers energy efficiency resources to beat the summer heat
Prnewswire· 2025-06-19 15:00
Core Insights - Georgia Power is focused on helping customers manage energy bills and stay cool during the summer by providing practical energy efficiency tips and resources [1] Energy Efficiency Programs - The EASE Program offers free home upgrades such as LED light bulbs and attic insulation for qualifying customers, particularly those with incomes at or below 200% of federal poverty guidelines [2] - Customers can utilize the My Power Usage tool to monitor energy consumption and receive alerts when they exceed their usage targets [3] Community Assistance Resources - Georgia Power provides a directory of local resources for assistance with utilities, food, and shelter, accessible through their website [4] - The company partners with community organizations to offer support for rent and utilities, including the Project Share initiative [5] Commitment to Customer Empowerment - Georgia Power emphasizes the importance of energy-saving tips and community support to help customers navigate summer energy challenges effectively [6] - The company maintains a diverse energy generation mix, including renewables, and offers rates below the national average [7] Additional Energy-Saving Tips - Recommendations include changing air filters regularly, sealing windows and doors, using cold water for laundry, and utilizing appliances during off-peak hours [8]
Southern Cross Gold Announces Receipt of Conditional Acceptance to List on Toronto Stock Exchange
Newsfile· 2025-06-19 10:30
Core Viewpoint - Southern Cross Gold Consolidated Ltd has received conditional approval to list its common shares on the Toronto Stock Exchange, transitioning from the TSX Venture Exchange while continuing to trade on the Australian Securities Exchange under the symbol "SX2" [1][2]. Company Overview - Southern Cross Gold Consolidated Ltd controls the Sunday Creek Gold-Antimony Project, located 60 km north of Melbourne, Australia, which is recognized as a significant gold and antimony discovery with exceptional drilling results [4]. - The project has reported 66 intersections exceeding 100 g/t AuEq x m from just 84 km of drilling, with mineralization extending over a 12 km strike length and confirmed continuity from surface to 1,100 m depth [4]. Strategic Value - The dual-metal profile of Sunday Creek, with antimony contributing approximately 20% of the in-situ value alongside gold, has gained importance due to China's export restrictions on antimony, a critical metal for defense and semiconductor applications [5]. - Southern Cross is positioned as a potential key Western antimony supplier, especially following its inclusion in the US Defense Industrial Base Consortium and legislative changes related to AUKUS [5]. Technical Fundamentals - Preliminary metallurgical work indicates non-refractory mineralization suitable for conventional processing, achieving gold recoveries of 93-98% through gravity and flotation methods [6]. - The company maintains a strong cash position, owns over 1,000 hectares of strategic freehold land, and has a large 60 km drill program planned through Q3 2025, positioning it well to advance its gold-antimony discovery [6].
Lavras Gold Corp. Intersects 1.0 g/t Gold over 371 Metres at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration Update
Newsfile· 2025-06-18 10:30
Core Insights - Lavras Gold Corp. has reported significant drilling results from the Butiá Gold Deposit, with all seven new drill holes intersecting gold mineralization, including a notable 371 metres grading 1.0 g/t gold and higher-grade intervals [1][4][5] - The company aims to convert inferred gold resources into measured and indicated categories while expanding the mineralization footprint at Butiá [3][5][9] Drilling Results - Drill hole 25BT047 returned 371.0 metres grading 1.0 g/t gold, with a lower portion showing a 50.0 metre interval grading 3.4 g/t gold, including 1.0 metre grading 78.1 g/t gold [4][5][16] - Drill hole 25BT045 intersected multiple intervals of gold mineralization, including 50.0 metres grading 3.4 g/t gold and several high-grade intervals [4][5][15] - The total drilling completed at Butiá and the adjacent Fazenda do Posto target now stands at nearly 53,000 metres, significantly higher than the historical drilling of 20,000 metres [6][9] Exploration Initiatives - The company has renewed a 25,000-metre drilling contract to continue its ongoing drilling program [2] - A metallurgical test program for Butiá is underway at the SGS Laboratory in Belo Horizonte, Brazil, with composite samples from the Fazenda do Posto gold target sent for investigation [2][3] Resource Estimates - The Butiá Gold Deposit hosts a Mineral Resource Estimate of 377,000 ounces of gold in the Measured and Indicated categories and 115,000 ounces in the Inferred category [1][8][41] - The ongoing drilling program is focused on increasing the geological confidence of the existing gold resource and potentially increasing the gold endowment [3][9]