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Alabama Power's Charitable Trust provides Alabamians impacted by winter weather with $250K in emergency bill assistance
Prnewswire· 2025-01-30 17:18
Core Message - Alabama Power's Charitable Trust provides $250,000 in emergency bill assistance to help Alabamians impacted by Winter Storms Cora and Enzo [1] - The Trust has offered energy-related assistance to low-income families for over 30 years and provides $1 million in annual energy bill assistance [1] Distribution of Funds - Funds will be distributed by community action agencies and through Project Share, a program supported by Alabama Power in partnership with the Salvation Army [2] - Funds are available to individuals in counties affected by the recent winter storms as outlined in Governor Kay Ivey's emergency declarations [2] Eligible Expenses - Emergency assistance funds can be used to pay a portion of energy bills, including gas, electric, kerosene, wood, and propane costs for January 2025 [3] Eligibility Criteria - Applicants must provide proof of income at or below 250% of federal poverty guidelines based on household size [4] - Senior citizens aged 60 and older or individuals with disabilities can apply by contacting the Salvation Army [4] Income Guidelines - Annual and monthly income limits for households of 1 to 8 persons are provided, ranging from $37,650 to $131,800 annually [5] Company Overview - Alabama Power, a subsidiary of Southern Company (NYSE: SO), provides electricity to 1.5 million customers across Alabama [6]
Southern Company Gas and its charitable foundation award $11 million to nonprofits in 2024
Prnewswire· 2025-01-30 16:16
The gifts support local efforts to make a positive impact in communities across Georgia, Illinois, Tennessee and Virginia ATLANTA, Jan. 30, 2025 /PRNewswire/ -- Southern Company Gas and its philanthropic arm, the Southern Company Gas Foundation, awarded more than $11 million in financial gifts last year to over 600 nonprofit organizations in communities across the company's service territory. Collectively these gifts positively impacted approximately 4.5 million people across Georgia, Illinois, Tennessee an ...
Norfolk Southern Q4 Earnings Surpass Estimates, Revenues Lag
ZACKS· 2025-01-29 19:16
Norfolk Southern Corporation’s (NSC) fourth-quarter 2024 earnings of $3.04 per share (excluding 19 cents from non-recurring items) beat the Zacks Consensus Estimate of $2.95 and increased 7.4% year over year, owing to lower costs.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Railway operating revenues were $3.02 billion in the quarter under review, lagging the Zacks Consensus Estimate of $3.03 billion. The top line decreased 2% year over year due to weakness across all segments.Over ...
Here's Why Hold Strategy is Apt for Southern Company Stock Now
ZACKS· 2025-01-28 12:16
Southern Company (SO) , a major player in the utilities sector, operates through its subsidiaries in the generation, transmission and distribution of electricity. It owns and manages a diverse range of power generation assets, including nuclear, coal, hydro, solar, wind and battery storage facilities. The company serves about 8.9 million electric and gas customers across various states, including Georgia, Alabama and Tennessee.With investments in natural gas distribution, renewable energy and distributed en ...
Southern First Reports Fourth Quarter 2024 Results
Prnewswire· 2025-01-28 12:15
GREENVILLE, S.C., Jan. 28, 2025 /PRNewswire/ -- Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the three and twelve months ended December 31, 2024."Our financial performance this quarter reflects continued momentum in margin and gives us great optimism as a starting point for 2025. Asset quality remained outstanding with excellent performance metrics and a positive outlook. Our balance sheet performed as we expected with the ...
Southern Company Enters Deal to Supply Energy Credit to Keysight
ZACKS· 2025-01-27 12:06
Southern Power, a subsidiary of The Southern Company (SO) and a leading U.S. wholesale energy provider, has entered into a Virtual Power Purchase Agreement (VPPA) with Keysight Technologies, Inc. (KEYS) to supply renewable energy credits. A 39 MW portion of the Phase III expansion will produce the energy credits to be supplied at Southern Power’s Millers Branch Solar Facility.Benefits of VPPAThe VPPA will help Keysight achieve its target of generating renewable electricity equivalent to 100% of its electric ...
Is a Beat in the Cards for Norfolk Southern in Q4 Earnings?
ZACKS· 2025-01-22 17:46
Norfolk Southern Corporation (NSC) is scheduled to report fourth-quarter 2024 results on Jan. 29, before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for NSC’s fourth-quarter 2024 earnings has been revised downward by 3.6% in the past 90 days to $2.95. However, the consensus mark implies a 4.2% rise from the year-ago actuals. The Zacks Consensus Estimate for NSC’s fourth-quarter 2024 revenues is pegged at $3.03 billion, indicating a 1.43% de ...
Koryx Copper Announces Transformative 2025 Drill and Study Program, Fast-Tracking the Development of the Haib Copper Project in Southern Namibia
GlobeNewswire News Room· 2025-01-22 12:00
Highlights Large-scale, C$20M technical program to be completed during 2025.Transforming Haib into a top-tier, high quality, low risk copper development project.Multi-phase, >55,000m drill program to be completed during 2025.Drilling underway with 3 drill rigs ramping up to 6 rigs and double shifting to maximize drilling rates.Phase 2 metallurgical test work underway, with results expected in Q1 2025.DRA Global Limited, an international engineering and project delivery group appointed as study consultant to ...
Great Southern Bancorp, Inc. Reports Preliminary Fourth Quarter Earnings of $1.27 Per Diluted Common Share
GlobeNewswire News Room· 2025-01-21 23:30
SPRINGFIELD, Mo., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended December 31, 2024, were $1.27 per diluted common share ($14.9 million net income) compared to $1.11 per diluted common share ($13.1 million net income) for the three months ended December 31, 2023. For the quarter ended December 31, 2024, annualized return on average common equity was 9.76%, annualized ...
Can Southern Co. (SO) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-01-21 18:15
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Southern Co. (SO) , which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider.This power company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 13.65%.For the last reported quarter ...