SO - 3 Things You Need to Know If You Buy The Southern Company's Stock Today
2023-11-10 05:35:00 ET
The Southern Company (NYSE: SO) operates regulated electric and natural gas utilities. It is a rather boring company, happily working with regulators to ensure it produces slow and steady growth for investors. And yet there's a subtle, but important, shift taking place in the business that you'll want to know about. If you buy Southern today you'll want to keep these three facts in mind.
The Southern Company operates regulated utility assets serving 9 million customers with a heavy focus on the Southeast, as its name implies. Perhaps the biggest goal for the company is to ensure the reliability of its network so the power keeps flowing regardless of weather conditions. That keeps customers and regulators happy. And if they are happy, Southern is more likely to get its rate increases and capital spending plans approved.
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3 Things You Need to Know If You Buy The Southern Company's Stock Today