Southern Company(SO)

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Southern Company: A Safe Bet With Good Growth Prospects And Reasonable Valuation
Seeking Alpha· 2025-01-16 15:26
The Southern Company (NYSE: SO ) is a southeastern-based electric and gas utility company with a consistent track record of financial performance and dividend payments. I believe the company should report lower earnings in the next quarterI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. ...
Southern Company fourth-quarter earnings to be released February 20
Prnewswire· 2025-01-15 14:00
ATLANTA, Jan. 15, 2025 /PRNewswire/ -- Southern Company plans to release its earnings for the fourth quarter of 2024 by 7:30 a.m. EST on Thursday, February 20, 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. EST on Thursday, February 20.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 b ...
Southern Company: Solid Commercial Data Center Load Trends, Technical Support (Rating Upgrade)
Seeking Alpha· 2025-01-15 02:59
Utilities Sector Overview - The Utilities sector is currently experiencing multiple crosscurrents, with significant near-term drivers impacting the market [1] - A major near-term driver is an imminent cold stretch expected to affect the eastern half of the CONUS, which could influence utility demand and pricing [1] - The Los Angeles wildfires are having a substantial impact on the shares of PG&E, indicating environmental events can significantly affect utility companies [1] Environmental and Market Impact - Environmental events such as wildfires are directly impacting utility companies, as seen with PG&E's share price fluctuations [1] - Weather conditions, particularly extreme cold, are poised to be a significant driver for utility demand in the near term [1] Industry Dynamics - The Utilities sector is sensitive to both environmental and weather-related events, which can lead to volatility in stock prices and demand for services [1] - The sector's performance is influenced by a combination of natural events and market conditions, making it a complex area for investment analysis [1]
Southern Partners With Edged Energy to Transform Data Centers
ZACKS· 2025-01-14 12:20
Southern Company (SO) has announced that its subsidiary, PowerSecure, has partnered with Edged Energy to provide advanced electrical and mechanical systems for the latter’s next-generation data center platform. This collaboration is highlighted by the launch of Edged Energy’s first North America’s data center in Atlanta, indicating the growing demand for sustainable, energy-efficient solutions in the expanding data infrastructure sector. SO’s Commitment to Energy-Efficient Data Center InnovationAs part of i ...
Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by the Southern California Wildfires
Prnewswire· 2025-01-13 15:00
WASHINGTON, Jan. 13, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including those affected by the ongoing wildfires in Southern California, of available mortgage assistance and disaster relief options. Mortgage servicers also are reminded of options to assist homeowners under Fannie Mae's guidelines during these circumstances."We are monitoring the Southern California wildfires, and we urge those in the path of the fires to focus on their s ...
PowerSecure powers Edged Energy's new sustainable data center in Atlanta
Prnewswire· 2025-01-13 13:59
DURHAM, N.C., Jan. 13, 2025 /PRNewswire/ -- PowerSecure, a subsidiary of Southern Company and a leading provider of innovative energy solutions, today announced its collaboration with Edged Energy to supply critical electrical and mechanical systems for its highly differentiated data center platform. This collaboration, part of a six-year alliance, marks a milestone with the opening of Edged Energy's first North American data center in Atlanta. PowerSecure PowerBlocks with EPA certified Tier 4 Final ult ...
Southern's Unit Restores Power to Thousands After Winter Storm
ZACKS· 2025-01-13 12:17
Southern Company's (SO) subsidiary, Georgia Power, has demonstrated impressive resilience and speed in its efforts to restore power to customers in the aftermath of Winter Storm Cora, a major weather event that wreaked havoc across North Georgia. The storm, which brought heavy snow, freezing rain and ice to the region, left thousands without power. However, SO’s largest electric subsidiary's rapid response and the use of cutting-edge smart-grid technologies have allowed it to restore power to more than 230, ...
Georgia Power restores power to 230,000+ customers following Winter Storm Cora
Prnewswire· 2025-01-11 16:46
Crews navigating icy roads, wind and continuing winter weather in restoration efforts;Company expects to restore power to nearly all impacted customers Saturday ATLANTA, Jan. 11, 2025 /PRNewswire/ -- Following Winter Storm Cora, which brought heavy snow, freezing rain and ice to North Georgia, Georgia Power has restored power to more than 230,000 customers since the start of the storm. As of Saturday morning, less than 60,000 customers remain impacted. Crews are in the field now and the company expects tha ...
Georgia Power responding to Winter Storm Cora Friday
Prnewswire· 2025-01-10 20:34
Weather Preparedness and Response - Georgia Power crews are prepared and responding quickly to issues caused by Winter Storm Cora, which brought freezing rain, ice, and several inches of snow to north Georgia [1] - Power interruptions have been minimal as of midday Friday but may increase due to additional ice accumulation, falling trees, or weather-related causes [2] - The company has mobilized resources, including crews from South Georgia and additional personnel from the Southern Company system and Florida, to reinforce efforts where needed [2] Infrastructure and Reliability Investments - Georgia Power has heavily invested in infrastructure improvements, including equipment upgrades and the strategic implementation of Smart Grid technology, to enhance grid resiliency and reliability [3] - Smart Grid technology enables real-time identification and isolation of outages, as well as remote power restoration or rerouting, minimizing the number of affected customers before field repairs begin [3] Customer Safety and Communication Tools - Georgia Power provides safety tips and tools to help customers stay connected and informed during severe winter weather [4][7] - Customers are encouraged to use the free Georgia Power Outage Alert service for personalized notifications, follow the company on social media for updates, and access the Outage & Storm Center for real-time outage information and safety tips [7] - The company also offers a mobile app for Apple and Android devices to access storm and outage information on the go [7] Company Overview - Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), serving 2.7 million customers in 155 of Georgia's 159 counties [6] - The company maintains a diverse generation mix, including nuclear, coal, natural gas, and renewables such as solar, hydroelectric, and wind, to deliver clean, safe, reliable, and affordable energy [6] - Georgia Power is recognized by J.D. Power as an industry leader in customer satisfaction and is committed to delivering world-class service [8]
Verizon's Southern California wildfire response
GlobeNewswire News Room· 2025-01-08 23:56
Verizon is offering community resources and stands ready to deploy mission-critical communications assets to keep Southern California communities connected amid the wildfires Also waiving call/text/data charges for customers in hardest hit areas IRVINE, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- The powerful windstorm in Southern California has sparked multiple fires, including the Palisades, Eaton, Hurst, and Woodley fires. In response, Verizon remains committed to maintaining the safety and connectivity of ...