Southern Company Preferred Stock (SOJE)
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Southern Company Preferred Stock Profile
| Electric Utilities Industry | Utilities Sector | Christopher C. Womack CEO | NYSE Exchange | US8425878837 ISIN |
| US Country | 28,100 Employees | 14 Oct 2025 Last Dividend | - Last Split | 23 Sep 2020 IPO Date |
Overview
The Southern Company, founded on November 9, 1945, and headquartered in Atlanta, GA, is an American electricity producer holding a significant stance in the power generation, transmission, and distribution sector. It operates mainly through three segments: Traditional Electric Operating Companies, Southern Power, and Southern Company Gas. These segments collectively cater to a vast geographical area that includes Alabama, Georgia, Florida, Mississippi, Illinois, Virginia, New Jersey, Tennessee, and Maryland. The organization has paved its way through the energy sector by not only focusing on conventional electricity generation but also venturing into renewable energy projects and natural gas distribution, indicating its adaptability and commitment to meeting different energy needs.
Products and Services
- Traditional Electric Operating Companies:
This segment includes vertically integrated utilities that are responsible for the generation, transmission, and distribution of electricity. They operate within the states of Alabama, Georgia, Florida, and Mississippi. These companies are pivotal in providing reliable electric services to residential, commercial, and industrial customers by owning and managing all aspects of electricity production and delivery.
- Southern Power:
Within this segment, The Southern Co focuses on the construction, acquisition, ownership, and management of generation assets, specifically targeting renewable energy projects. The aim is to sell electricity in the wholesale market, which includes providing power to other utilities and large consumers looking for a reliable energy source that possibly also meets their sustainable energy criteria.
- Southern Company Gas:
Reflecting The Southern Co's diversification into different energy types, this segment handles the distribution of natural gas through its various natural gas distribution facilities. It covers an extensive area, including the states of Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland. The focus here is on ensuring the safe, reliable, and efficient delivery of natural gas to millions of customers for heating, cooking, and industrial processes.
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