News
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SOUTHERN CO <SO.N>: BARCLAYS RAISES TARGET PRICE TO $66 FROM $65
Reuters · 3d ago
SOUTHERN CO <SO.N>: JP MORGAN RAISES TARGET PRICE TO $73 FROM $71
Reuters · 04/10 13:40
US electric utilities brace for surge in power demand from data centers
US electric utilities brace for surge in power demand from data centers. Nine of the top 10 U.S. Electric utilities said data centers were a main source of customer growth. Power use from the thousands of giant computing warehouses is expected to triple globally. The rapid growth has raised concerns for the U.s. Electric utility industry.
Reuters · 04/10 10:00
SOUTHERN CO <SO.N>: UBS CUTS TARGET PRICE TO $76 FROM $78
Reuters · 04/04 14:46
SOUTHERN CO <SO.N>: MIZUHO RAISES TARGET PRICE TO $76 FROM $73
Reuters · 04/02 10:40
SOUTHERN CO <SO.N>: BMO RAISES TARGET PRICE TO $76 FROM $72
Reuters · 04/01 11:00
Public Service Enterprise beats Q4 profit estimates on lower operating expenses
Public Service Enterprise Group beats Q4 profit estimates on lower operating expenses. The company posted an adjusted profit of 54 cents per share for the quarter ended Dec. 31. Other utility peers Southern Co and WEC Energy also beat profit estimates. Operating revenue fell 17% to $2.6 billion.
Reuters · 02/26 13:43
LIVE MARKETS-Defensive stocks gain as investors play it safe
Defensive stocks, including those in the consumer staples and utilities sectors, gain as investors play it safe. Shares of Walmart were one of the top gainers on the S&P 500 consumer staples index. Investors move into defensive stocks, which offer reliable dividends and earnings, as markets pull back.
Reuters · 02/20 18:23
BUZZ-Street View: Southern Co's long-term growth to be stable
U.S. Electric and gas utility Southern Co SO.N beat Wall Street estimates for fourth-quarter profit on lower operating expenses. Evercore ISI says economic growth in SO's service areas will drive investment and growth. Southern Co's long-term growth to be stable.
Reuters · 02/16 14:33
PPL beats fourth-quarter profit estimates on lower operating expenses
U.S. Utility firm PPL beats fourth-quarter profit estimates on lower operating expenses. Operating expenses of PPL were 16% lower in the quarter. Total electricity sales for the quarter fell 5% as sales volumes fell in Kentucky and Pennsylvania. PPL announced a 7.3% increase in its quarterly dividend.
Reuters · 02/16 14:04
Alliant Energy reports Q4 profit miss on lower retail electric, gas sales
Alliant Energy reports Q4 profit miss on lower retail electric, gas sales. Retail electric sales fell 2.7% in the quarter ended Dec. 31. The company's operating expenses fell 13.4% from last year to $788 million. Alliant earned 48 cents per share in the fourth quarter, missing Wall Street estimates.
Reuters · 02/15 23:48
Con Edison beats fourth-quarter profit estimates on lower operating expenses
Con Edison beats fourth-quarter profit estimates on lower operating expenses. Electric and gas utility's quarterly operating expenses fell more than 14% to $2.99 billion. Utility firms have been cutting costs to counter inflation and rising interest rates. The company forecast adjusted earnings of $5.40 per share for 2024.
Reuters · 02/15 22:42
Southern Co reports results for the quarter ended in December - Earnings Summary
Southern Co reports quarterly adjusted earnings of 64 cents per share for the quarter ended in December. Revenue fell 14.2% to $6.05 billion from a year ago. The company reported quarterly income of $855 million. Southern Co shares had fallen by 3.3% this quarter.
Reuters · 02/15 13:31
Southern Co beats Q4 profit estimates on lower operating expenses
Southern Co beats Q4 profit estimates on lower operating expenses. Lower operating expenses also benefited utility peers WEC Energy and Xcel Energy. Atlanta-based firm reported an adjusted profit of 64 cents per share. The company's operating expenses were 30% lower than a year earlier.
Reuters · 02/15 13:22
BRIEF-Southern Co Q4 Adjusted EPS USD 0.64 Vs. IBES Estimate USD 0.6
Reuters · 02/15 12:30
Georgia Power says Vogtle Unit 4 nuclear reactor reaches initial criticality
Georgia Power says Vogtle Unit 4 reactor reaches initial criticality. Unit 4 at the Vogtle expansion project Waynesboro, Georgia, has safely reached initialcriticality. Georgia Power says for the first time operators have safely started the reaction inside the second reactor. The company has a 45.7% stake in the reactors.
Reuters · 02/14 13:24
Southern Co <SO.N> expected to post earnings of 60 cents a share - Earnings Preview
Southern Co expected to post earnings of 60 cents a share - Earnings Preview Southern Co SO.N, SO is expected to show a rise in quarterly revenue when it reports results on February 15 for the period ending December 31 2023. The Atlanta Georgia-based company expected to report a 11.9% increase in revenue to $7.887 billion.
Reuters · 02/13 12:33
Over half a million on US East Coast lose power due to winter storm
Over half a million on US East Coast lose power due to winter storm from Florida to Maine. New York was the hardest hit state, with 143,000 customers out. The storm is coming ahead of the coldest weather since December 2022. Extreme weather is a reminder of a winter storm in 2021 that left millions without power.
Reuters · 01/10 13:09
UPDATE 1-Massive winter storm batters US, knocks out power ahead of brutal freeze
Massive winter storm knocks out power to over 418,000 homes and businesses in 12 states. The hardest hit states so far were Florida, Georgia and North Carolina. The storm is moving across the eastern half of the U.S. Ahead of a brutal freeze expected to blanket the region this weekend. Extreme weather is a reminder of a similar storm in December 2022.
Reuters · 01/09 19:45
Massive winter storm batters US, knocks out power to over 300,000 customers
Massive winter storm knocks out power to over 300,000 customers in the eastern half of the U.S. The hardest hit states so far were Georgia, Florida and Alabama. The storm is ahead of a forecast brutal freeze this weekend. Extreme weather is a reminder of a February freeze in 2021 and a December 2022 storm.
Reuters · 01/09 15:03
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About SOJB
The Southern Company (Southern Company) is a holding company. The Company owns all of the stock of the traditional electric operating companies and the parent entities of Southern Power Company (Southern Power) and Southern Company Gas, and owns other direct and indirect subsidiaries. The Company owns all of the common stock of Alabama Power Company (Alabama Power), Georgia Power Company (Georgia Power), and Mississippi Power Company (Mississippi Power), each of which is an operating public utility company. The primary business of the Southern Company system is electricity sales by the traditional electric operating companies and Southern Power and the distribution of natural gas by Southern Company Gas. The Company's segments include Gas distribution operations, Gas marketing services, Wholesale gas services, Gas Pipeline investments and All other.