With a market cap of $105.6 billion, The Southern Company (SO) is a leading U.S. energy utility headquartered in Atlanta, Georgia. The company provides electricity and natural gas to over 9 million customers across the southeastern United States through its subsidiaries.
Shares of the utility giant have underperformed the broader market over the past 52 weeks. Southern Company stock has climbed 9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.5%. However, shares of SO are up 14.7% on a YTD basis, outpacing the SPX's 7.1% rise.
