Southern has been a rock solid company for 70 years. I'm all for upgrading but Southern is doing to much to fast on to many projects. They need to slow down and use some old fashion common sense. They have already bought the cow on the two new plants and it's to late to back up. They are bleeding money with no end in sight. They will have to follow through with what they have started. I'm hoping for some upturn but don't expect it any time soon. I like regulated utilities but Duke is dealing their coal ash problem so I don't want to move there. I'm going to watch the trading range and accumulate on the downs and sell on the ups and hope the dividends stay decent. Grammer school logic but it works fine for me. In three plus years I have $26 per share invested. Hope I don't wind up with the cow.
Is it time to make a move on SO? if you guys have questions you should ask AWE-some.Stock-s. They often respond to my emails which is helpful.
Vogtle 3 and 4 Construction Continuation Agreement Through June 3rd - The Energy Collective
Georgia Power announced that it and Westinghouse had come to an agreement – “in principle” – that would result in a transition of the Vogtle 3 & 4 project management from Westinghouse to Southern Nuclear and Georgia Power. The service agreement would
UPDATE | Plant Vogtle assessment extended again until July 20th
Georgia Power and Southern Nuclear are prepared to assume project management of the Vogtle nuclear expansion from Westinghouse by late July under the new service agreement finalized earlier this month.
What will happen if Toshiba doesn't make all the payments for the Vogtle fincial disaster? Somebody has squandered the companies and the public's money.
This is an unbelievable scandal. It seems nobody noticed or cares about losing money. In many businesses, project failures of that scale would result in dismissals or pay cuts. But not at Southern Company — their top executives saw their annual compensation increase by millions of dollars.
Here is how the three top corporate officials were rewarded in 2016:
• Southern Company CEO Tom Fanning saw his total compensation increase by nearly 34 percent to $15.8 million.
• Art Beattie, Southern’s executive vice president, enjoyed an even heftier 37 percent increase in his compensation to $5.4 million.
• Georgia Power President Paul Bowers ended up with a 36 percent boost in his compensation package to $5.8 million.
Those who oversee the Vogtle project should be prosecuted for massive scale of overlooking financial failures. Funny how the delays are now effecting the project analysis and they have pushed back the deadline again... criminals.
Just when you thought this stock was headed up past $55. Here we are again at $49. Guess it's time to add more shares on the pullback.
Fast eddie the 3rd
Anyone buying after the weakness last week. Getting close to the yearly low.
They built a lignite gasification plant tat the same time gas prices fell through the floor. Converting the turbines to burn natural gas instead of gasifying coal and burning that makes more sense now.
When you make a mistake, don't look back at it long. Take the reason of the thing into your mind and then look forward. Mistakes are lessons of wisdom. The past cannot be changed. The future is yet in your power. http://dataunion.tistory.com/11644
The Southern Company NYSE $SO Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.5 In other words, the correlation coefficient of the other stocks
Summertime is not usually good for the market. Many traders on vacation. May start to pickup around September.
Looks like we (stockholders) will be holding a $6 billion dollar loss in Mississippi!
What's holding this up? Any information concerning earnings? Anyone?
Just shut down the Gasifiers at Kemper here come 45$ or lower
The agreement with Toshiba concerning Vogtle seems like a really positive development. Certainly more relevant to Southern Co. than a congressional race.
✔️🔵 Democrat Ossoff - lies about his resume and never went to the front lines. He sent a film crew there he's a California San Francisco Nancy Pelosi flaming liberal. Not good for Georgia unless you want more of Obama liberal legislation run down your throat.