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Southern Company SO Natural gas for sale

Natural gas for sale at other companies

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SpireSR
$155.7M+17.1%
CNP
CenterPoint EnergyCNP
$138M-1.4%

Other financials

Income statement

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Revenue$8.4B+8.0%
Operating income$2.0B+0.4%
Net income$1.4B+1.6%
EPS (diluted)$1.20-0.8%

Balance sheet

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Cash & equivalents$987.0M-57.7%
Total debt$75.3B
Total equity$39.9B+7.2%
Total assets$157.03B

Cash flow

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Operating cash flow$1.2B-1.9%
CapEx$2.9B+20.8%
Free cash flow-$1.7B-44.7%

Valuation

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Market cap$106.87B+2.6%
Enterprise value$181.14B
P/E19.1×
P/S3.4×-0.4×

Profitability

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Operating margin18.7%-2.5pp
Net margin13.1%
FCF margin-5.1%

Returns & leverage

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Return on equity9%
Debt / equity1.9×
Current ratio0.7×

Where this comes from

Reported directly by Southern Company in its filing.

Tagged under the XBRL concept us-gaap:EnergyRelatedInventoryNaturalGasInStorage.

The source filing: Southern Company’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 5:37 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000092122-26-000034
AssetsAt March 31, 2026At December 31, 2025
Accumulated provision for uncollectible accounts(95)(84)
Materials and supplies2,2972,202
Fossil fuel for generation727735
Natural gas for sale145396
Prepaid expenses411327
Assets from risk management activities, net of collateral3563
Regulatory assets – asset retirement obligations353353
Other regulatory assets706709

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's natural gas for sale?
Southern Company (SO) reported natural gas for sale of $145M in Q1 2026.
What is the long-term trend for Southern Company's natural gas for sale?
Over 3 years (2020 to 2025), Southern Company's natural gas for sale has grown at a -4.9% compound annual growth rate (CAGR), from $460M to $396M.
What does natural gas for sale mean?
This represents the value of natural gas held in underground storage facilities intended for future sale or distribution to customers. It serves as a critical buffer to manage seasonal demand fluctuations and supply chain volatility in the utility sector.

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