Valued at a market cap of $107.3 billion, The Southern Company (SO) is one of the largest regulated electric and natural gas utilities in the United States, serving approximately 9 million customers across the Southeast. Headquartered in Atlanta, Georgia, the company generates, transmits, and distributes electricity while also providing natural gas distribution through its regulated utility subsidiaries.
Investor enthusiasm for Southern Company has remained subdued over the past year. Shares of SO have dipped 1.4% over this time frame, while the broader S&P 500 Index ($SPX) has surged 22.6%. The stock has shown signs of recovery in 2026 and is up 6.8%, still trailing SPX’s 12.8% return.
