The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations. In addition, it owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, three nuclear generating stations, 13 combined cycle/cogeneration stations, 45 solar facilities, 15 wind facilities, one fuel cell facility, and four battery storage facility; and constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.7 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Company profile
Ticker
SO, SOJC, SOJD, SOJE
Exchange
Website
CEO
Mr. Christopher C. Womack
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Alabama Power Company • Alabama Property Company • Southern Electric Generating Company • Georgia Power Company • Piedmont-Forrest Corporation • Mississippi Power Company • Southern Power Company • SP Deuel Harvest Wind Energy • SP Deuel Harvest Wind Energy Holdings, LLC • Deuel Harvest Wind Energy Holdings, LLC ...
IRS number
580690070
SO stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Other Events
9 Sep 24
424B2
Prospectus for primary offering
5 Sep 24
FWP
Free writing prospectus
4 Sep 24
424B5
Prospectus supplement for primary offering
4 Sep 24
8-K
Southern Company reports second-quarter 2024 earnings
1 Aug 24
10-Q
2024 Q2
Quarterly report
31 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
24 May 24
SD
Conflict minerals disclosure
22 May 24
DEFA14A
Additional proxy soliciting materials
14 May 24
8-K
Departure of Directors or Certain Officers
13 May 24
Transcripts
SO
Earnings call transcript
2024 Q2
1 Aug 24
SO
Earnings call transcript
2024 Q1
2 May 24
SO
Earnings call transcript
2023 Q4
15 Feb 24
SO
Earnings call transcript
2023 Q3
2 Nov 23
SO
Earnings call transcript
2023 Q2
3 Aug 23
SO
Earnings call transcript
2023 Q2
3 Aug 23
SO
Earnings call transcript
2023 Q1
27 Apr 23
SO
Earnings call transcript
2022 Q4
16 Feb 23
SO
Earnings call transcript
2022 Q3
27 Oct 22
SO
Earnings call transcript
2022 Q2
28 Jul 22
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 23 | Sep 23 | Jun 23 | Mar 23 | |
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| Diluted EPS |
| Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 921.00 mm | 921.00 mm | 921.00 mm | 921.00 mm | 921.00 mm | 921.00 mm |
| Cash burn (monthly) | 323.00 mm | 93.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 3.07 bn | 883.41 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -2.15 bn | 37.59 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -6.6 | 0.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
67.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1861 |
| Opened positions | 201 |
| Closed positions | 113 |
| Increased positions | 712 |
| Reduced positions | 633 |
| 13F shares | Current |
|---|---|
| Total value | 54.49 tn |
| Total shares | 733.01 mm |
| Total puts | 2.69 mm |
| Total calls | 4.27 mm |
| Total put/call ratio | 0.6 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 100.76 mm | $7.82 tn |
| BLK BlackRock | 77.69 mm | $6.03 tn |
| STT State Street | 57.38 mm | $4.45 tn |
| JPM JPMorgan Chase & Co. | 39.92 mm | $3.10 tn |
| FMR | 30.39 mm | $2.36 tn |
| Capital International Investors | 28.82 mm | $2.24 tn |
| Massachusetts Financial Services | 25.86 mm | $2.01 tn |
| Geode Capital Management | 23.45 mm | $1.81 tn |
| T. Rowe Price | 19.33 mm | $1.50 bn |
| BEN Franklin Resources | 16.31 mm | $1.27 tn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Oct 24 | II James Y Kerr, | Southern Company Common Stock | Sell | Dispose S | No | No | 89.64 | 30,000 | 2.69 mm | 145,088 |
| 1 Oct 24 | Akella Janaki | Deferred Stock Units Holding Southern Company Common Stock | Grant | Acquire A | No | No | 90.88 | 467.65 | 42.50 k | 16,762.505 |
| 1 Oct 24 | Clark Henry A III | Deferred Stock Units Holding Southern Company Common Stock | Grant | Acquire A | No | No | 90.88 | 797.755 | 72.50 k | 68,239.356 |
| 1 Oct 24 | Anthony F Earley JR | Deferred Stock Units Holding Southern Company Common Stock | Grant | Acquire A | No | No | 90.88 | 787.44 | 71.56 k | 25,574.625 |
| 1 Oct 24 | Grain David J | Deferred Stock Units Holding Southern Company Common Stock | Grant | Acquire A | No | No | 90.88 | 852.773 | 77.50 k | 76,157.525 |
News
Barclays Maintains Equal-Weight on Southern, Raises Price Target to $83
15 Oct 24
Looking Into Southern's Recent Short Interest
14 Oct 24
Hurricane Milton Descends On Florida: Analysts Warn Of Impact On Disney, NextEra's Florida Power & Light, Regional Banks
9 Oct 24
Stock Of The Day: Is Southern Company About To Head North?
7 Oct 24
Southern Co's Georgia Power Continues Suspension Of Disconnections, Waives Late Fees, Pauses Collection Activities Through Dec 15 Following Hurricane
7 Oct 24
Press releases
Southern Company announces quarterly dividend
15 Oct 24
Georgia Power monitoring, prepared to respond to effects of Hurricane Milton in Georgia
8 Oct 24
Georgia Power extends, expands customer assistance programs following Hurricane Helene
7 Oct 24
Power restored to 95%+ of Georgia Power customers impacted by Hurricane Helene
5 Oct 24
Georgia Power, Southern Company and Southern Company Gas charitable foundations donate $3 million for Hurricane Helene Relief
4 Oct 24