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November 24, 2009 1:48 AM ET

Southern Company (SO:NYSE)

LAST $31.85 USD
CHANGE TODAY +0.45 1.43%
VOLUME 4.2M
As of 4:01 PM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Southern Company (SO)

OPEN
$31.68
PREVIOUS CLOSE
$31.40
DAY HIGH
$32.03
DAY LOW
$31.50
52 WEEK HIGH
01/2/09 - $37.62
52 WEEK LOW
03/12/09 - $26.48
MARKET CAP
25.4B
AVERAGE VOLUME 3 mo
4.4M
DILUTED EPS TTM
$1.99
SHARES OUTSTANDING
796.1M
EX-DATE
10/29/09
P/E TTM
16.0x
DIVIDEND
$1.75
DIVIDEND YIELD
5.49%
K = Thousands  M = Millions  B = Billions

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SO Details

Southern Company, together with its subsidiaries, operates as an energy company serving across the southeastern United States. It generates, transmits, and distributes electricity through coal, nuclear, oil and gas, and hydro resources to utilities, electric cooperatives, and municipalities in Alabama, Florida, Georgia, Mississippi, and the Carolinas. The company serves approximately 4.4 million customers with 42,000 megawatts of generating capacity. Its transmission assets include approximately 27,000 miles of transmission lines and 3,400 substations. The company also operates as a regional wireless carrier in Alabama, Georgia, southeastern Mississippi, and northwest Florida, which bundles multiple communication options into one phone, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data. In addition, Southern Company provides long-haul and metropolitan dark fiber, as well as network elements, such as rights of way, dark fiber, conduit, co-location, and other related maintenance services. The company was founded in 1945 and is headquartered in Atlanta, Georgia.

SO Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Age: 61
Total Annual Compensation: $1.1M
Chief Financial Officer, Executive Vice Presi...
Age: 53
Total Annual Compensation: $614.0K
Chief Operating Officer and Executive Vice Pr...
Age: 51
Total Annual Compensation: $658.2K
Executive Vice President, Chief Executive Off...
Age: 59
Total Annual Compensation: $679.6K
Executive Vice President, Chief Executive Off...
Age: 57
Total Annual Compensation: $656.2K
Compensation as of Fiscal Year 2008.

Key developments for Southern Company (SO)

Southern Company Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

Southern Company reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has posted net earnings of $790.0 million, or $0.99 diluted per share, compared with $780.4 million $1.01 diluted per share, in the same period a year ago. Revenues for the third quarter were $4.68 billion, compared with $5.43 billion in the same period a year ago, a 13.7% decrease. Operating income $1,415 million compared to $1,405 million for the same period a year ago. EBIT was $1,243 million compared to $1,232 million for the same period a year ago. For the nine months ended Sept. 30, the company's net earnings were $1.39 billion, or $1.77 a share, compared with $1.56 billion, or $2.02 a share, for the same period a year ago. For the first nine months of the year, revenues totaled $12.23 billion, compared with $13.32 billion in the same period a year ago, a decrease of 8.2%. Operating income was $2,791 million compared to $3,037 million in the same period a year ago. EBIT was $2,272 million compared to $2,443 million for the same period a year ago.

Southern Company expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 28, 2009).

Southern Company expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 28, 2009).

Southern Company Reports Earnings Results for the Year to Date of 2009; Provides Earnings Outlook for the Fourth Quarter and Full Year of 2009

Southern Company reported earnings results for the year to date of 2009. Cash from operations, roughly $2.36 billion, that shouldn't be roughly, that is the number. Also from a CapEx standpoint we're projecting roughly $3.2 billion year to date. The company provides earnings outlook for the fourth quarter and full year of 2009. The company expects earnings to be $0.28 to $0.30 per share for the fourth quarter of 2009. The company expects earnings contribute to a full year result of $2.30 to $2.32 per share. The full year guidance of $2.30 to $2.32 per share excludes the Mirant litigation settlement charge that was taken in the second quarter. Including the Mirant litigation settlement the company expects its earnings for the full year to be $2.05 to $2.07 per share.

Stock Quotes

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SO $31.85 USD +0.45
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SO Competitors

Company Last Change
Constellation Energy Group Inc $31.82 USD +0.53
Dominion Resources Inc $36.76 USD +0.39
Exelon Corp $47.40 USD +0.59
PG & E Corp $42.55 USD +0.45
AES Corp $12.84 USD +0.19
View Industry Companies
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Industry Analysis

Valuation SO Industry Range
Price/Earnings 15.9x
Price/Sales 1.6x
Price/Book 1.8x
Price/Cash Flow 8.3x
TEV/Sales 0.3x

SO

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SO transactions

Type
Date
Target
Private Placement
October 30, 2009
Alabama Power Co.
Private Placement
July 31, 2009
Alabama Power Co.
View More SO Transactions...

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