Southern (SO)

Company Profile

Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.

Company profile

Ticker

SO, SOJC, SOJD, SOJE

Exchange

NYSE

Website

www.southerncompany.com/

CEO

Thomas Fanning

Incorporated

Delaware

Location

Georgia

Fiscal year end

Dec 31

Sector

Utilities > Other Electric Power Generation

Industry (SIC)

Electric Services

Progress Energy • Pacificorp • NextEra Energy • Alabama Power • Georgia Power • Mississippi Power • American Electric Power • Ohio Power • Dominion Energy • Constellation Energy ...

SEC CIK

0000092122

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

580690070

SO stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Results of Operations and Financial Condition

1 Nov 23

Departure of Directors or Certain Officers

17 Oct 23

8-K

Results of Operations and Financial Condition

Prospectus for primary offering

6 Sep 23

424B2

Prospectus for primary offering

6 Sep 23

FWP

Free writing prospectus

5 Sep 23

FWP

Free writing prospectus

5 Sep 23

424B5

Prospectus supplement for primary offering

5 Sep 23

Transcripts

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Earnings call transcript

2023 Q3

2 Nov 23

Earnings call transcript

2023 Q2

3 Aug 23

Earnings call transcript

2023 Q1

27 Apr 23

Earnings call transcript

2022 Q4

16 Feb 23

Earnings call transcript

2022 Q3

27 Oct 22

Earnings call transcript

2022 Q2

28 Jul 22

Earnings call transcript

2022 Q1

28 Apr 22

Earnings call transcript

2021 Q4

17 Feb 22

Earnings call transcript

2021 Q3

4 Nov 21

Earnings call transcript

2021 Q2

29 Jul 21

Latest ownership filings

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David P. Poroch

17 Nov 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

Financial summary

Financial statements Chart SO financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	1.89 bn	1.89 bn	1.89 bn	1.89 bn	1.89 bn	1.89 bn
Cash burn (monthly)	118.00 mm	10.25 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	234.92 mm	20.41 mm	n/a	n/a	n/a	n/a
Cash remaining	1.66 bn	1.87 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	14.0	182.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Southern earnings reports.

Institutional ownership, Q3 2023

SO institutional ownership history Ownership history

62.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1652	1654	-0.1%
Opened positions	143	111	+28.8%
Closed positions	145	119	+21.8%
Increased positions	618	649	-4.8%
Reduced positions	630	619	+1.8%

13F shares	Current	Prev Q	Change
Total value	44.17 tn	48.01 tn	-8.0%
Total shares	682.06 mm	683.41 mm	-0.2%
Total puts	2.56 mm	1.99 mm	+28.5%
Total calls	2.73 mm	4.15 mm	-34.3%
Total put/call ratio	0.9	0.5	+95.7%

Largest owners	Shares	Value	Change
Vanguard	99.57 mm	$6.44 tn	+0.4%
BLK Blackrock	77.63 mm	$5.02 tn	-0.6%
STT State Street	62.80 mm	$4.06 tn	+0.3%
FMR	38.91 mm	$2.52 tn	+5.0%
T. Rowe Price	34.29 mm	$2.22 tn	-20.8%
Massachusetts Financial Services	26.10 mm	$1.69 tn	-3.4%
Geode Capital Management	20.12 mm	$1.30 tn	+1.6%
BEN Franklin Resources	15.68 mm	$1.02 tn	-2.4%
NTRS Northern Trust	10.74 mm	$694.95 bn	+1.6%
Capital International Investors	10.74 mm	$694.85 bn	+92.3%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	34.29 mm	-9.03 mm	-20.8%
Pictet Asset Management Holding	5.37 mm	+5.37 mm	NEW
Wellington Management	2.59 mm	-5.25 mm	-66.9%
Capital International Investors	10.74 mm	+5.15 mm	+92.3%
Pictet Asset Management	0.00	-5.09 mm	EXIT
JPM JPMorgan Chase & Co.	7.49 mm	+2.86 mm	+61.7%
Capital Research Global Investors	9.47 mm	-2.44 mm	-20.5%
Point72 Asset Management	0.00	-2.26 mm	EXIT
AMP Ameriprise Financial	7.55 mm	+2.10 mm	+38.5%
FMR	38.91 mm	+1.84 mm	+5.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Nov 23	David P. Poroch	Southern Company Common Stock	Sell	Dispose S	No	No	69.39	10,000	693.90 k	28,691
16 Nov 23	David P. Poroch	Southern Company Common Stock	Option exercise	Acquire M	No	No	41.28	10,000	412.80 k	38,691
16 Nov 23	David P. Poroch	Option Right to Buy Southern Company Common Stock	Option exercise	Dispose M	No	No	41.28	10,000	412.80 k	10,099
10 Nov 23	Stephen E Kuczynski	Southern Company Common Stock	Sell	Dispose S	No	Yes	68.39	5,000	341.95 k	111,284.156
10 Oct 23	Stephen E Kuczynski	Southern Company Common Stock	Sell	Dispose S	No	Yes	66	5,000	330.00 k	116,284.156
2 Oct 23	Akella Janaki	Deferred Stock Units Southern Company Common Stock	Grant	Acquire A	No	No	64.72	618.047	40.00 k	13,840.405