Southern Co - Company Profile
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Southern Co (Southern) is an energy holding company. It generates, distributes, markets and trades electricity, and distributes gas. The company produces power using coal, oil, and gas, nuclear, hydro, solar, wind and biomass sources. Southern also sources electricity from various utilities through power purchase agreements. It provides energy technologies and services to electric utilities and large industrial, commercial, institutional, and municipal customers; and has investments in telecommunications and leveraged lease projects. The company also produces and distributes gas through natural gas distribution utilities and retails energy to customers in Alabama, Georgia, and Mississippi. The company has ownership interests in natural gas supply pipelines that connect hydrocarbon basins in Texas, Louisiana, Mississippi, and Alabama. Southern is headquartered in Atlanta, Georgia, the US.
Headquarters
United States of America
Address
30 Ivan Allen Jr. Blvd., N.W., Atlanta, Georgia, 30308
Website
www.southerncompany.com
Telephone
1 404 5065000
No of Employees
28,100
Industry
Power
Ticker Symbol & Exchange
SO (NYSE)
Revenue (2022)
$25.3B
-13.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
12.5%
(2022 vs 2021)
Market Cap*
$75.0B
Net Profit Margin (2022)
XYZ
30.4%
(2022 vs 2021)
* As of and is in US$
Southern Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity and Natural Gas Transmission and Distribution |
| Natural Gas | Customized Energy Solutions |
| Wholesale Energy Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company signed a memorandum of understanding with the U.S. General Services Administration to develop carbon pollution-free electricity (CFE) options for federal facilities in the company's service territories. |
| 2023 | Plans/Strategy | In October, the company and Novelis announced their plans to partner on decarbonization efforts. |
| 2023 | Contracts/Agreements | In August, the company entered into a partnership with PGA TOUR to deliver 100% renewable energy for the TOUR Championship. |
Competitor Comparison
| Key Parameters | Southern Co | NextEra Energy Inc | American Electric Power Co Inc | Edison International | Consolidated Edison Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Atlanta | Juno Beach | Columbus | Rosemead | New York |
| State/Province | Georgia | Florida | Ohio | California | New York |
| No. of Employees | 28,100 | 16,800 | 17,250 | 14,316 | 14,592 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas A. Fanning | Chief Executive Officer; Chairman | Executive Board | 2010 | 65 |
| Christopher Cummiskey | Executive Vice President; Chief Executive Officer; Chairman | Executive Board | 2021 | 48 |
| Chris Womack | Chief Executive Officer - Elect; Director; President | Executive Board | 2023 | 64 |
| Kimberly S. Greene | Chairman - Georgia Power Company; Chief Executive Officer - Georgia Power Company; President - Georgia Power Company | Executive Board | 2023 | 56 |
| Peter P. Sena III | Chief Nuclear Officer; President - Southern Nuclear | Executive Board | - | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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