Southern Company(SO)
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PowerSecure works with Kit Carson Electric Cooperative to enhance grid resilience
Prnewswire· 2026-02-16 15:00
PowerSecure works with Kit Carson Electric Cooperative to enhance grid resilience [Accessibility Statement] Skip NavigationDURHAM, N.C., Feb. 16, 2026 /PRNewswire/ -- PowerSecure is proud to collaborate with Kit Carson Electric Cooperative (KCEC) to continue the development and construction of a microgrid project that includes three new microgrids incorporating battery energy storage systems (BESS). The project is designed to strengthen KCEC's community readiness and improve resilience against the impacts o ...
Can Southern Company Q4 Earnings Overcome Weather Risks?
ZACKS· 2026-02-16 14:01
Core Viewpoint - Southern Company is expected to report fourth-quarter earnings of 56 cents per share on revenues of $6.9 billion, with a year-over-year profit increase of 12% and an 8.3% rise in revenues [1][3][8] Group 1: Previous Quarter Performance - In the last reported quarter, Southern Company achieved adjusted earnings per share of $1.60, exceeding the Zacks Consensus Estimate by $1.50, with sales of $7.8 billion surpassing the consensus by 3.8% [2] - The company has topped the Zacks Consensus Estimate for earnings in three of the last four quarters, with an average earnings surprise of 3% [3] Group 2: Factors Influencing Performance - Weather conditions are a significant factor affecting earnings, with milder temperatures in Q3 impacting year-over-year results and potentially limiting heating-related usage in Q4 [4] - Increased financing and depreciation expenses may pressure fourth-quarter profitability, as management noted higher costs offsetting operating growth [5] - Despite challenges, Southern Company has solid earnings visibility due to firm load growth and executed contracts, with retail sales rising 1.8% and commercial sales increasing by 3.5% in Q3 [6] Group 3: Earnings Prediction Model - The Zacks model does not predict a definitive earnings beat for Southern Company in the fourth quarter, as the Earnings ESP is -4.76% and the company holds a Zacks Rank of 4 (Sell) [7][9]
Southern Energy Corp. Completes US$23.5 Million Financings and Royalty Sale
Accessnewswire· 2026-02-12 23:20
CALGARY, AB AND TORONTO, ON / ACCESS Newswire / February 12, 2026 / Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU)(AIM:SOUC), an established producer with natural gas and light oil assets in Mississippi, and three related arm's length private investors, Treelawn Group Inc., TCC 1 Corp. and TCC Royalty Corp. (each, an "Investor"), are pleased to announce the completion of Southern's previously announced offering, on a non-brokered private placement basis, of senior secured convertible debentu ...
[CORRECTION] NFWF Announces $3 Million in Grants through the Southeast Aquatics Fund
Globenewswire· 2026-02-12 17:11
WASHINGTON, D.C., Feb. 12, 2026 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $3 million in grants to restore aquatic habitats to benefit native freshwater species in Alabama, Florida, Georgia, Mississippi and Tennessee. The grants will leverage $1.9 million in matching contributions for a total conservation impact of $4.9 million. The grants were competitively awarded through the Southeast Aquatics Fund, a public-private partnership, with funding from the U.S. Departm ...
Southern Co. (SO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2026-02-12 16:01
The market expects Southern Co. (SO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...
NFWF Announces $3 Million in Grants through the Southeast Aquatics Fund
Globenewswire· 2026-02-12 15:36
WASHINGTON, D.C., Feb. 12, 2026 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $3 million in grants to restore aquatic habitats to benefit native freshwater species in Alabama, Florida, Georgia, Mississippi and Tennessee. The grants will leverage $1.9 million in matching contributions for a total conservation impact of $4.9 million. The grants were competitively awarded through the Southeast Aquatics Fund, a public-private partnership, with funding from the U.S. Departm ...
Chilean Cobalt Corp. Commences Earn-In Work Program at NeoRe Rare Earth Project in Southern Chile
Accessnewswire· 2026-02-11 14:00
Core Viewpoint - Chilean Cobalt Corp. has initiated its initial work program under a binding earn-in and option agreement with NeoRe SpA, marking a significant step in their collaboration [1] Group 1 - The initial phase of the work program represents Tranche 1 of the earn-in structure [1] - The agreement with NeoRe was previously announced on January 14, 2026 [1] - The initial phase has received joint approval from both Chilean Cobalt and NeoRe [1]
Southern California Edison Announces Redemption of SCE Trust V 5.45% Fixed-to-Floating Rate Trust Preference Securities
Businesswire· 2026-02-10 21:31
Redemption Announcement - Southern California Edison will redeem all outstanding shares of its Series K Preference Stock, leading to the redemption of all 5.45% Fixed-to-Floating Rate Trust Preference Securities on March 15, 2026, at a price of $25 per security plus accrued distributions [1][1][1] - Holders of Trust Preference Securities must follow specific procedures for redemption, including surrendering their securities to the Trustee for payment [1][1] Wildfire Recovery Compensation Program - Southern California Edison has extended 210 compensation offers totaling $117 million to individuals and businesses affected by the Eaton Fire, with an average offer being made 30 days after a substantially complete claim [1][1][1] - The company is committed to providing dedicated support for the Wildfire Recovery Compensation Program, offering resources and assistance in multiple languages until November 30, 2026 [1][1]
Southern Energy Corp. Announces US$23.5 Million Financings and Royalty Sale
Accessnewswire· 2026-02-09 07:02
Core Viewpoint - The document emphasizes compliance with U.S. securities law regarding distribution and dissemination of information, indicating potential legal implications for non-compliance [1] Group 1 - The document is not intended for distribution to U.S. news wire services or dissemination within the United States [1] - Non-compliance with the stated restrictions may constitute a violation of U.S. securities law [1]
Jacobs Selected to Lead Southern California Rail Infrastructure Upgrade
Prnewswire· 2026-02-05 12:45
Core Viewpoint - Jacobs has been selected to manage the construction of the San Dieguito Lagoon Double Track and Special Events Platform project, which aims to enhance rail capacity and reduce congestion along the LOSSAN Corridor, a vital rail link in Southern California [1][2]. Group 1: Project Details - The project involves 2.1 miles of track improvements, including a new double track to eliminate a bottleneck between Solana Beach and Del Mar fairgrounds, aimed at easing traffic congestion and improving access during large-scale events [2]. - Additional upgrades include the replacement of the century-old San Dieguito Lagoon bridge to improve climate resiliency, along with enhancements to turnouts, signals, communications, and drainage systems to boost operational efficiency [3]. Group 2: Company Overview - Jacobs is ranked No. 2 in Transportation by Engineering News-Record and is involved in moving people, goods, and freight through various modes of transport [4]. - The company generates approximately $12 billion in annual revenue and employs nearly 43,000 people, providing end-to-end services across multiple sectors including transportation, energy, and environmental services [5].