Southern Company (SOT.DE)
Southern Company operates in the Regulated Electric industry of the Utilities sector, headquartered in Atlanta, GA, US. The stock last traded at $72.66, down 0.42% on the session, giving a market capitalisation of $83.59B. Its beta of 0.04 implies it has historically moved less than the broad market.
Based in Atlanta, Georgia, Southern Company functions as a holding enterprise, employing 29,192 full-time staff. The corporation maintains complete ownership of its primary electric utility businesses, the parent companies of Southern Power Company and Southern Company Gas, as well as numerous other direct and indirect subsidiaries. Its activities are organized into distinct divisions. The Gas distribution operations segment manages local natural gas utilities, encompassing the construction, oversight, and upkeep of intrastate natural gas pipelines and distribution networks across seven states. Its Gas marketing services division supplies natural gas commodities and related provisions to markets where consumers can choose their providers. The Wholesale gas services division concentrates on natural gas storage and leveraging pipeline arbitrage. Lastly, Gas midstream operations largely consist of investments in gas pipelines, complemented by storage facilities and fuel services.
Southern Company is most often compared with the following Utilities names: