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home / news releases / SOJE - The Southern Company (SO) Q1 2024 Earnings Call Transcript


SOJE - The Southern Company (SO) Q1 2024 Earnings Call Transcript

2024-05-02 14:19:02 ET

The Southern Company (SO)

Q1 2024 Earnings Conference Call

May 02, 2024 01:00 PM ET

Company Participants

Scott Gammill - Vice President, Investor Relations & Treasurer

Chris Womack - Chairman, President & Chief Executive Officer

Dan Tucker - Chief Financial Officer

Conference Call Participants

Carly Davenport - Goldman Sachs

Steve Fleishman - Wolfe Research

Shar Pourreza - Guggenheim Partners

Nick Campanella - Barclays

Durgesh Chopra - Evercore

Jeremy Tonet - JPMorgan

Anthony Crowdell - Mizuho Securities

Angie Storozynski - Seaport Global

Paul Fremont - Ladenburg

Ryan Levine - Citi

Travis Miller - Morningstar

Presentation

Operator

Good afternoon. My name is Robert, and I will be your conference operator today. At this time, I would like to welcome everyone to the Southern Company First Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to Mr. Scott Gammill, Vice President, Investor Relations and Treasurer. Please go ahead, sir.

Scott Gammill

Thank you, Rob. Good afternoon, and welcome to Southern Company’s first quarter 2024 earnings call. Joining me today are Chris Womack, Chairman, President and Chief Executive Officer of Southern Company; and Dan Tucker, Chief Financial Officer.

Let me remind you, we’ll be making forward-looking statements today in addition to providing historical information. Various important factors could cause actual results to differ materially from those indicated in the forward-looking statements, including those discussed in our Form 10-K, Form 10-Q and subsequent filings.

In addition, we’ll present non-GAAP financial information on this call. Reconciliations to the applicable GAAP measure are included in the financial information we released this morning, as well as the slides for this conference call, which are both available on our Investor Relations website at investor.southerncompany.com.

At this time, I’ll turn it over to Chris Womack.

Chris Womack

Thank you, Scott. Good afternoon, and thank you for joining us for what is such an exciting time for our company. Monday, we announced that plant Vogtle 4 successfully achieved commercial operation. Units 3 and 4 now deliver more than 2,200 megawatts of reliable 24/7 carbon-free energy and are designed to do so for decades to come. With all four units operational, the Vogtle site is now the largest generator of clean energy in the country.

I cannot be prouder of our team's perseverance and commitment to getting Vogtle Units 3 and 4 completed with the standard of quality clearly demonstrated by Unit 3's performance since it reached in service last July. Along with our own team, success on this historic project required the hard work and dedication of tens of thousands of American craft workers and engineers, a committed group of co-owners and regulators who had the courage to support new nuclear when others did not....

For further details see:

The Southern Company (SO) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Southern Company (The) Series 2020C 4.20% Junior Subordinated Notes due October 15 2060
Stock Symbol: SOJE
Market: NYSE

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