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Blue Chip Growth

Stock Report: Southern Company (SO) Report Updated: Sep 29, 2014 | Print This Page

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Southern Company (SO)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Electric Utilities
Competitors: POM, ETR, EIX, KEP
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Company Profile

The Southern Company operates as an electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources. The company also constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2011, it owned and/or operated 33 hydroelectric generating stations, 34 fossil fuel generating stations, 3 nuclear generating stations, and 13 combined cycle/cogeneration stations, as well as 2 solar facilities and 1 landfill gas facility; and had a total generating capacity of approximately 12,222 megawatts. In addition, the company offers various wireless communication options, such as talk, cellular service, text messaging, wireless Internet access, and wireless data services; and wholesale fiber optic solutions to telecommunication providers under the Southern Telecom name. It serves retail and wholesale customers in the southeast United States. The company was founded in 1945 and is headquartered in Atlanta, Georgia.

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