Fuel — Gain (loss) on hedges
Southern Company Fuel — Gain (loss) on hedges increased by 200.0% to $3.00M in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates successful hedging or favorable market movements relative to locked-in prices, while a decrease suggests hedging losses or unfavorable market conditions. Consistent losses may indicate ineffective risk management or high costs of protection.
Detailed definition
This metric represents the realized and unrealized financial impact of derivative instruments used to manage price volat...
Peer comparison
Most regulated utilities report similar hedging impacts within their fuel adjustment clauses or non-operating income, though disclosure levels vary significantly across the sector.
so_segment_fuel_gain_loss_on_hedgesHistorical Data
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $1.00M | $3.00M |
| QoQ Change | — | +200.0% |
| YoY Change | — | +200.0% |
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Frequently Asked Questions
- What is Southern Company's fuel — gain (loss) on hedges?
- Southern Company (SO) reported fuel — gain (loss) on hedges of $3.00M in Q1 2026.
- What does fuel — gain (loss) on hedges mean?
- The net financial gain or loss from financial contracts used to hedge against fluctuating fuel prices.