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Southern Company - SO STOCK NEWS

Welcome to our dedicated news page for Southern Company (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on Southern Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Southern Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Southern Company's position in the market.

Rhea-AI Summary
Southern Company's Moving to Equity report for 2023 showcases the company's dedication to diversity, equity, and inclusion, with increased representation for people of color and women in the workforce and management roles. The report also highlights the company's progress in spending with diverse suppliers, community initiatives, and the launch of a refreshed core values framework.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
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Rhea-AI Summary
Southern Company and Samsung SmartThings have signed a Letter of Intent (LOI) to collaborate on innovative projects in consumer energy management and smart-home automation. The collaboration aims to reduce energy costs and greenhouse gas emissions by providing personalized, automated solutions. The partnership will involve creating an innovation laboratory, implementing a custom user experience for energy efficiency, and supporting Smart Neighborhood projects. The engagement is expected to enhance customer lives and advance energy efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
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none
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Rhea-AI Summary
Southern Company has been named the No. 1 most-admired electric and gas utility worldwide by Fortune magazine's World's Most Admired Companies list for 2024. The ranking is based on a survey of over 3,700 executives, directors, and financial analysts. This recognition highlights the exceptional service provided by the 27,000 Southern Company system employees in delivering clean, safe, reliable, and affordable energy solutions for customers and communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
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none
Rhea-AI Summary
Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have signed their first renewable natural gas agreement, estimated to reduce emissions equivalent to the carbon sequestered by over 12,000 acres of U.S. forest. The deal involves acquiring environmental credits from facilities in Nebraska and Indiana. This aligns with the company's goal to reach net zero operational emissions by 2050.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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Rhea-AI Summary
Southern Company invests in clean energy future with Georgia Power Company's Vogtle Units 3 & 4, aiming for a brighter tomorrow. The newly built nuclear units signify a significant step towards sustainable energy production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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Rhea-AI Summary
Southern Company received a perfect score of 100 on the Human Rights Campaign Foundation's Corporate Equality Index, marking the seventh consecutive year of earning this distinction. The CEI rates companies on non-discrimination policies, equitable benefits, inclusive culture, and corporate social responsibility, impacting over 20 million U.S. workers and 18 million workers outside the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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none
Rhea-AI Summary
Eco Material Technologies collaborates with Alabama Power, a subsidiary of Southern Company, to harvest millions of tons of stored ash from Plant Barry, a coal- and natural gas-fired electrical generation facility in Bucks, Alabama. The ash will be used in concrete blends to repair and construct bridges, roads, and buildings in Alabama, Mississippi, Florida, and Louisiana, reducing dependence on imported materials with a proudly Made in the USA recycled product. The collaboration aims to offset the high-intensive carbon emissions of the North American cement industry by utilizing Eco Material's proprietary technologies. The project is expected to begin construction in 2024 and be in service by January 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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Rhea-AI Summary
The Virginia Natural Gas Foundation has awarded a $60,000 grant to support the Children's Health Investment Program (CHIP) of South Hampton Roads' initiative to improve the health and well-being of children and families in southeastern Virginia. The grant will allow CHIP officials to begin construction of a community kitchen that will seek to address food insecurity, as well as provide educational programs centering on affordable, healthy meals and healthy cooking demonstrations that honor diverse culinary cuisines and traditions. In Hampton Roads, two of every five school-aged children live in poverty, which is one reason why the VNG Foundation decided to join CHIP's effort to confront this important issue. Food insecurity, caused by limited access to resources, contributes to chronic health conditions and malnutrition, especially in vulnerable populations such as children and the elderly. The VNG Foundation's grant will help provide consistent access to adequate food options and long-term educational support for individuals in South Hampton Roads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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Rhea-AI Summary
Southern Company declared a regular quarterly dividend of 70 cents per share on its common stock, to be paid on March 6, 2024, to shareholders of record as of February 20, 2024. The company has a history of paying consistent dividends for over 75 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
dividends
Rhea-AI Summary
Southern Company (SO) 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 by clicking on the appropriate audio link. A replay of the webcast will be available at the same site for 12 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
Southern Company

NYSE:SO

SO Rankings

SO Stock Data

74.99B
1.09B
0.15%
66.33%
1.46%
Other Electric Power Generation
Utilities
Link
United States
Atlanta

About SO

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.