With a market cap of $101.2 billion, The Southern Company (SO) is one of the largest utility providers in the United States, serving around nine million customers across multiple states through its electric and natural gas subsidiaries. It operates 46,000 megawatts of generation capacity, has an extensive electric and gas infrastructure, and engages in wholesale energy, renewables, and related services.
Shares of the Atlanta, Georgia-based company have outperformed the broader market over the past 52 weeks. Southern Company stock has returned 19.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 8.6%. Moreover, shares of SO are up 11.9% on a YTD basis, compared to SPX's 4.3% decline.
