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Southern's (SO) Gas Subsidiaries Secure First RNG Agreement
Zacks Investment Research· 2024-02-05 14:51
Southern Company's (SO) two prominent gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, recently inked their first renewable natural gas (RNG) agreement. This strategic initiative aims to enhance access to clean, safe, reliable and affordable fuel, thereby contributing to a greener future. This significant development holds the promise of emission reduction equivalent to the carbon sequestered by more than 12,000 acres of U.S. forest or an area equivalent to the size of Manhattan. Let’s delve into ...
Southern Co. (SO) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-02-02 00:21
Southern Co. (SO) closed the most recent trading day at $70.50, moving +1.41% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 1.25%. Elsewhere, the Dow gained 0.97%, while the tech-heavy Nasdaq added 1.3%.Shares of the power company witnessed a loss of 3.77% over the previous month, beating the performance of the Utilities sector with its loss of 6.94% and underperforming the S&P 500's gain of 1.58%.Market participants will be closely following the fin ...
Southern Company Gas subsidiaries in Virginia & Tennessee complete first renewable natural gas purchase
Prnewswire· 2024-02-01 17:32
Resulting emissions reductions are estimated to be equivalent to the carbon sequestered by over 12,000 acres of U.S. forest for one year ATLANTA, Feb. 1, 2024 /PRNewswire/ -- Two Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have entered into their first renewable natural gas agreement, which will increase access to clean, safe, reliable and affordable fuel. The emissions reductions from this transaction are estimated to be equivalent to the carbon sequestered by over 12,000 a ...
Southern Company: Why It Will Benefit From Rate Cuts
Seeking Alpha· 2024-01-30 23:30
mgstudyo Overview I always find it cool that you're able to invest your money in things that increase the quality of our lives. I strongly believe that The Southern Company (NYSE:SO) is one of those businesses because everyone benefits from electricity. A bonus is that these types of businesses are usually cash intensive since everyone typically pays for this utility and therefore, the dividend is usually consistent. The Southern Company is "involved in the generation, transmission, and distribution of elec ...
Southern Co. (SO) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-01-27 00:21
Southern Co. (SO) closed the most recent trading day at $69.11, moving -0.19% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.Coming into today, shares of the power company had lost 1.31% in the past month. In that same time, the Utilities sector lost 6.48%, while the S&P 500 gained 3.05%.The investment community will be closely monitoring the ...
Will Southern Co. (SO) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-26 18:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Southern Co. (SO) . This company, which is in the Zacks Utility - Electric Power industry, shows potential for another earnings beat.This power company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 7.17%.For the most ...
Eco Material Technologies and Alabama Power to Repurpose Coal Ash at Plant Barry
Prnewswire· 2024-01-25 13:00
Companies to invest in harvesting plant to beneficially reuse millions of tons of coal ash to be used in Green Cement across the Southeast region SOUTH JORDAN, Utah and MOBILE, Ala., Jan. 25, 2024 /PRNewswire/ -- Eco Material Technologies ("Eco Material" or the "Company"), the leading producer of sustainable cementitious materials and near-zero carbon cement replacement products in North America, announced today a collaboration with Alabama Power, a subsidiary of Southern Company, to harvest millions of to ...
Southern Company announces quarterly dividend
Prnewswire· 2024-01-18 17:02
ATLANTA, Jan. 18, 2024 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 70 cents per share on the company's common stock, payable March 6, 2024 to shareholders of record as of February 20, 2024. Every quarter for more than 75 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter. About Southern CompanySouthern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the South ...
Southern Co. (SO) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-01-13 00:33
Southern Co. (SO) closed the latest trading day at $71.42, indicating a +1.19% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.02%.Prior to today's trading, shares of the power company had lost 1.29% over the past month. This has was narrower than the Utilities sector's loss of 4.22% and lagged the S&P 500's gain of 3.52% in that time.The investment community will be closely monitor ...
Southern Company fourth-quarter earnings to be released February 15
Prnewswire· 2024-01-10 15:00
ATLANTA, Jan. 10, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the fourth quarter of 2023 by 7:30 a.m. EST on Thursday, February 15, 2024. Chairman, president and CEO Christopher C. Womack and CFO Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. EST on Thursday, February 15. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx ...