Skip to Content

Southern Co SO

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Southern Takes Major Step in Quest to Recover Vogtle Nuclear Plant Investment

Travis Miller Strategist

Analyst Note

| Travis Miller |

We are reaffirming our $64 per share fair value estimate for Southern Company after it reached a settlement that sets a path toward realizing a large increase in cash flow tied to its investment in the Vogtle new nuclear project. We are reaffirming our narrow moat and stable moat trend ratings.

Read Full Analysis

Company Profile

Business Description

Southern Co. is one of the largest utilities in the U.S. The company distributes electricity and natural gas to approximately 9 million customers in nine states. It owns 50 gigawatts of generating capacity, primarily for serving regulated customers in Georgia, Alabama, and Mississippi. Wholly owned unregulated Southern Power Co. owns 12 gigawatts of mostly renewable energy capacity and sells the electricity primarily under long-term power sales agreements. The solar and wind farms are located in Southern's regulated jurisdictions but also in Texas, California, and other states.

Contact
30 Ivan Allen Jr. Boulevard, Northwest
Atlanta, GA, 30308
T +1 404 506-5000
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2019
Stock Type High Yield
Employees 27,700

Related