The Southern Company

Open: 70.84 Close: 70.86 Change: 0.02

The best way to get information about The Southern Company Company Inc Stock: Use an AI.

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Stock Summary

Southern Company engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Today's Summary

Tom Fanning to retire Dec. 31. He will be succeeded by the companys current CEO and president, Chris Womack.

Today's News

Southern Company is facing the music. The whistleblower lawsuit filed in 2018 over Southern Companys boondoggle Kemper Plant in Mississippi was unsealed last month. Insiders and officials say that more federal probes are in the works. Tom Fanning, the former president and CEO of Atlanta-based utility giant Southern Company, is retiring from his last official post at the company as executive chairman of its board of directors. He will be succeeded by the companys current CEO and president, Chris Womack. The Southern Company just gave us a hint about when its dividend will grow again. Tom Fanning to retire Dec. 31. Thomas A. Womack, president and CEO of Southern Company, will assume the additional role of chairman of the board of directors. Fanning has served Southern Company with unparalleled dedication. Southern Company Executive Chairman Tom Fanning to retire Dec. 31. Norfolk Southern (NSC) to provide rail service to Georgia. Southern Company is an equal opportunity employer. Southern Company Chairman Tom Fanning To Retire; Elects Christopher Womack New Chairman. Southern Company elects president and CEO Chris Womacks to chairman role starting next year. Tom Fanning will retire as executive chairman of Southern Company, effective Dec. 12, 2023. Chris Womack has been elected chairman of the Board of Directors of Southern. Fanning has served Southern Company with unparalleled dedication.

Stock Profile

"The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. It serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia."

Keywords

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