SO Stock Recent News

In the latest trading session, Southern Co. (SO) closed at $90.31, marking a -0.43% move from the previous day.

ATLANTA , Oct. 4, 2024 /PRNewswire/ -- The Georgia Power, Southern Company and Southern Company Gas charitable foundations will collectively donate $3 million to aid Hurricane Helene relief efforts. The historic, destructive storm has devastated communities across the Southeast.

1.2 million+ customers reconnected following most destructive storm in company's history; Intense restoration in hardest-hit areas underway with personnel working around the clock ATLANTA , Oct. 3, 2024 /PRNewswire/ -- Georgia Power has restored power to more than 1.2 million customers following Hurricane Helene – more than 90% of all customers impacted by the most destructive hurricane in the company's history. Progress is ongoing and the company expects to reach 95% total restoration by this Saturday.

Copper's long-term bullish trend remains intact, with higher lows and highs despite significant corrections, suggesting continued price increases. Southern Copper Corporation offers leveraged performance, outperforming copper prices during rallies and underperforming during corrections, making it an attractive investment. Green energy initiatives, inflationary pressures, and potential Chinese economic recovery support a compelling case for new highs in copper prices.

Borders & Southern Petroleum (AIM:BOR) shares fell 10% after it announced it had raised £1.5 million to support the development of its Darwin Gas Condensate discovery in the Falkland Islands. The funding comes from a share placing and a subscription by the company's directors, with 100 million new shares issued at 1.5 pence each—a 16.67% discount on the previous day's closing price.

The Southern Company is a regulated utility benefiting from stable returns. However, it is not as dynamic as merchant power producers. Georgia's economic expansion and increasing power demand drive Southern's growth, but regulatory approvals and capital constraints limit the pace of growth. Southern's 3.1% dividend yield is below its historical average, raising scepticism about the sudden improvement in growth expectations.

14,000+ personnel engaged in response; additional ERTs to be posted as available ATLANTA , Sept. 27, 2024 /PRNewswire/ -- Georgia Power's response to Hurricane Helene continued through the day Friday with teams working safely and quickly to restore power to more than 250,000 customers since the beginning of the storm.

Southern Company took one nuclear reactor offline and reduced output from another at its Hatch plant in Georgia after Hurricane Helene damaged the region's electrical grid, the company told Reuters on Friday.

Damage assessment teams in the field for most efficient response; crews navigating flooded roadways, fallen trees and high wind gusts  ATLANTA , Sept. 27, 2024 /PRNewswire/ -- As Hurricane Helene clears Georgia, Georgia Power has deployed 10,000+ personnel who were assembled in advance of the storm to begin full-scale damage assessment and restoration.

Company making final preparations Thursday; encourages customers to prepare for extensive damage and potential for extended power outages ATLANTA , Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene approaches the coast of Florida, Georgia Power is making its final preparations to respond to anticipated widespread damage and potential for extended power outages across the state.