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Norfolk Southern to announce third quarter 2024 earnings results on October 22, 2024
Prnewswire· 2024-10-01 12:00
ATLANTA, Oct. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m. ET on Tuesday, October 22, 2024. Quarterly earnings results will be released in advance of the call and a press release will be posted on the Investors page of the company's website. What: Norfolk Southern Third Quarter 2024 Earnings Conference Call When: October 22, 2024, at 8:45 a.m. ET How to Participate: Tele ...
Georgia Power response force converging on hardest hit areas following most destructive hurricane in company's history
Prnewswire· 2024-09-30 19:49
Georgia Power has restored power to 840,000+ customers Hurricane Helene; 15,000+ personnel remain engaged in restoration ATLANTA, Sept. 30, 2024 /PRNewswire/ -- Georgia Power continues its deployment of more than 15,000 personnel responding to Hurricane Helene – determined to be the most destructive hurricane in the company's history. As of midday Monday, the company has restored power to more than 840,000 customers impacted by Helene. This rapid response has been possible through the implementation of new ...
Norfolk Southern donates $100K to Red Cross, activates Employee Disaster Relief Program
Prnewswire· 2024-09-30 16:00
Supports multi-state relief effort underway for Hurricane Helene ATLANTA, Sept. 30, 2024 /PRNewswire/ -- Norfolk Southern Corp. (NYSE: NSC) has donated $100,000 to the American Red Cross to support the organization's massive, multi-state relief efforts for Hurricane Helene. In addition, the company's Employee Disaster Relief Program is providing impacted employees with grants for qualified disaster-related losses and expenses. "Our thoughts are with everyone navigating the aftermath of Helene, and our actio ...
Georgia Power releases key estimated damage statistics from Hurricane Helene as restoration progress continues
Prnewswire· 2024-09-29 20:52
Core Insights - Hurricane Helene has been identified as the most destructive hurricane in Georgia Power's history, causing extensive damage to infrastructure across the state [2] - Approximately 425,000 customers remain without power due to the storm, with restoration efforts expected to take multiple days [2][3] - The company has mobilized over 15,000 personnel from various utilities to assist in the restoration process, which is larger than responses to previous major hurricanes [4][6] Damage Assessment - Initial damage estimates include: - Over 5,000 power poles needing repair or replacement - More than 9,000 spans of wire, totaling approximately 425 miles - Over 500 transformers affected - More than 1,500 trees on power lines requiring removal [2] Restoration Efforts - Restoration efforts have been largely completed in areas such as Metro Atlanta, Columbus, Macon, Rome, and Albany, while work continues in the hardest-hit areas [2] - Georgia Power has pre-positioned restoration workers, equipment, and supplies in anticipation of the storm's impact, demonstrating effective advance planning [5] Customer Communication - Georgia Power encourages customers to utilize the Outage Map for real-time updates and restoration times, emphasizing the importance of accurate information [2][3] - The company offers various tools for customers to stay informed, including Outage Alerts, an interactive Outage Map, and a mobile app [7] Company Overview - Georgia Power is the largest electric subsidiary of Southern Company, serving 2.7 million customers across Georgia [8] - The company is committed to delivering clean, safe, reliable, and affordable energy, with a diverse generation mix that includes nuclear, coal, natural gas, and renewables [8]
Georgia Power restores power to 440,000+ customers following Hurricane Helene
Prnewswire· 2024-09-28 15:31
~540,000 customers remain impacted Saturday morning as crews navigate treacherous conditions to repair damage; potential additional outages possible due to saturated ground and weakened trees ATLANTA, Sept. 28, 2024 /PRNewswire/ -- Georgia Power's response to Hurricane Helene continues Saturday as the company marked the start of the first full day of restoration efforts. Since the beginning of the storm, Georgia Power has restored power to 440,000+ customers through the implementation of new "smart grid" te ...
The Southern Company: Time To Lock In Gains
Seeking Alpha· 2024-09-28 05:40
Long-Term Focussed In-Depth Fundamental Analysis.Former Associate at a $10 billion hedge fund, with 15 years of professional experience in equity markets. Holds a First-Class Honours degree in Financial Economics from the University of London and is a CFA Level III candidate.An avid reader and a Berkshire Hathaway buff. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wro ...
Hurricane Helene restoration progresses with 250,000+ customers restored; Georgia Power posts estimated restoration times for multiple communities
Prnewswire· 2024-09-27 23:31
14,000+ personnel engaged in response; additional ERTs to be posted as available ATLANTA, Sept. 27, 2024 /PRNewswire/ -- Georgia Power's response to Hurricane Helene continued through the day Friday with teams working safely and quickly to restore power to more than 250,000 customers since the beginning of the storm. As of 7 PM on Friday, approximately 620,000 customers remain impacted due to the storm. The company continues to bring more resources from outside of its system and currently has 14,000+ person ...
10,000+ advance personnel deployed by Georgia Power to restore power Friday morning following Hurricane Helene
Prnewswire· 2024-09-27 16:11
Damage assessment teams in the field for most efficient response; crews navigating flooded roadways, fallen trees and high wind gusts ATLANTA, Sept. 27, 2024 /PRNewswire/ -- As Hurricane Helene clears Georgia, Georgia Power has deployed 10,000+ personnel who were assembled in advance of the storm to begin full-scale damage assessment and restoration. There has been significant damage statewide due to hurricane-force winds and heavy rain, coupled with ground that was previously saturated due to Wednesday's " ...
Norfolk Southern Names Brian Barr Vice President and Chief Mechanical Officer
Prnewswire· 2024-09-26 20:30
ATLANTA, Sept. 26, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has named Brian Barr as Vice President and Chief Mechanical Officer. In this role, Barr will lead mechanical operations across the company's 22-state network, reporting to Chief Operating Officer John Orr. Barr joins Norfolk Southern from Union Pacific where he held the positions of General Manager Great Lakes Services and Senior Vice President Transportation. Barr started his career as a craft dispatcher in 1998 working at Con ...
10,000+ personnel on the ground to support restoration efforts following Hurricane Helene
Prnewswire· 2024-09-26 16:58
Company making final preparations Thursday; encourages customers to prepare for extensive damage and potential for extended power outages ATLANTA, Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene approaches the coast of Florida, Georgia Power is making its final preparations to respond to anticipated widespread damage and potential for extended power outages across the state. As the majority of the state of Georgia prepares to feel impacts from the storm, the company has aligned the right resources – more ...