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The Southern Company

SONYSEdiversified
Market cap$96B
Conviction3/ 5
HQAtlanta, Georgia, USA
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For informational purposes only. Not financial advice, not a recommendation to buy or sell any security. Standing Order is a directory and research project, not an advisory service.

Price · 1Y

$83.47

-7.2%

Thesis

Southern Company is a regulated utility holding company anchored by Georgia Power and Alabama Power. With Vogtle Units 3 and 4 now operating, Southern is one of the few U.S. utilities with new nuclear capacity coming online into a Southeast load environment seeing extraordinary datacenter-driven demand growth.

Catalysts

  • Georgia Power load forecasts and datacenter PPAs
  • Rate-base growth tied to generation and transmission buildout
  • Vogtle 3 and 4 operational performance
  • Regulatory outcomes on capacity additions and cost recovery

Recent events

Material filings, federal awards, and regulatory activity. Impact is scored against market cap.

  • Aug 6
    Securities offeringSEC

    8-K discloses unregistered equity securities sales (item 3.02) and direct financial obligation (item 2.03).

  • Aug 3
    OtherSEC

    8-K filing (items 8.01, 9.01) on 2026-08-03.

  • Jul 30
    Financial resultsSEC

    Southern Company files 8-K (item 2.02) disclosing Q2 2026 results of operations.

  • Jun 8
    Securities offeringSEC

    Form 424B2 prospectus supplement filed.

Not financial advice — research and opinion only. Disclosures