Southern Stock Price, News & Analysis

A recent study conducted by ICF confirms that Southern Company Gas can achieve net-zero direct greenhouse gas emissions, including methane, by leveraging its existing natural gas infrastructure. The analysis shows that a pathway involving natural gas efficiency technologies and renewable natural gas (RNG) could yield nearly 25% more GHG reductions at half the cost compared to mandatory electrification. This study aligns with Southern Company’s goal to reach net-zero emissions by 2050, presenting economic benefits for customers and opportunities for local supply through renewable projects.

Chesapeake Utilities Corporation (NYSE: CPK) announced the opening of a high-capacity compressed natural gas (CNG) fueling station in Port Wentworth, Georgia. Operated by Marlin Compression, this facility is one of the largest public access CNG stations on the East Coast, aimed at reducing greenhouse gas emissions. The station will support fleet fueling and serve as a staging area for CNG transport trailers. A renewable natural gas (RNG) option is planned for future availability. The project reflects Chesapeake's commitment to lower carbon energy solutions.

Georgia Power has launched a new education equity initiative, investing $3 million to improve local programs in four Georgia school districts: Clayton County, Dougherty County, Richmond County, and Savannah-Chatham County. This initiative aims to enhance career readiness and economic stability in underserved communities, focusing on early childhood education, workforce opportunities, and family engagement. The funding will support various educational programs and partnerships, contributing to Georgia Power's broader commitment to social justice and economic empowerment.

Alabama Power has appointed Nicole Faulk as vice president of Transmission Construction and Protection & Control, effective April 1. She will lead teams focused on transmission line and substation construction, enhancing project implementation efficiency. Previously, Faulk served as Georgia Power's senior vice president of Customer Strategy and Solutions, with a strong background in customer service and operations. She holds both bachelor's and master's degrees in mechanical engineering from Auburn University, where she was recognized as the Mechanical Engineering Alumna of the Year in 2018.

Southern Company hosted a virtual event titled Investing in Tomorrow, Today, emphasizing the significance of a diverse talent pipeline in the clean energy sector. Key participants included U.S. Senator Raphael Warnock and Georgia Power’s CEO Chris Womack. The event highlighted a $50 million investment by Southern Company in HBCUs since 2021, aimed at enhancing educational equity and supporting diverse energy workforce initiatives. The company affirmed its commitment to diversity, equity, and innovation in building a clean energy future.

Southern Company will host a virtual event, Investing in Tomorrow, Today, on March 8 at 12:00 pm EST, in partnership with Black Enterprise. The event features notable speakers including U.S. Senator Raphael Warnock and Chris Womack from Georgia Power, discussing the significance of inclusive innovation in the energy sector. The discussions will highlight how diverse talent pipelines and HBCUs can foster opportunities for innovation. The event aims to promote a clean and equitable energy economy.

On March 8th at 12:00 pm EST, Southern Company (NYSE: SO) will co-host a virtual event titled Investing in Tomorrow, Today, focusing on diversity and equity in the energy sector. The event will feature notable speakers including Georgia’s Senator Raphael Warnock and Georgia Power CEO Chris Womack. Discussions will revolve around the significance of inclusive innovation, the role of Historically Black Colleges and Universities (HBCUs), and creating a diverse workforce in the energy field. The event is open for free RSVP.

Virginia Natural Gas (VNG) announced a $100,000 donation to YELLOWHAB, a private school founded by Grammy Award-winning artist Pharrell Williams, to support its 'Nourish Youth' initiative. This initiative aims to introduce healthy eating practices to 40 students in Norfolk, Virginia, primarily those from low-income backgrounds. The funding will provide nutritional meals and educational resources. This partnership builds on VNG's previous collaboration with Williams and highlights the company's commitment to community support and enhancement of student well-being.