News

We provide the latest news
from the world of economics and finance

Back
22 January
Lobbying Update: $2,990,000 of SOUTHERN COMPANY lobbying was just disclosed

$2,990,000 of SOUTHERN COMPANY lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.

This included lobbying on issues like:

"Climate change issues, generally; Environmental regulation, generally (Effluent Limitations Guidelines; Good Neighbor Ozone Transport; CAA Sec. 111 rulemaking)
Inflation Reduction Act implementation; Energy Independence and Security Act of 2007 implementation (Section 433); Issues related to proposed permitting/transmission reform; Issues related to grid enhancing technologies generally; Issues related to natural gas infrastructure development generally; Issues related to energy infrastructure development generally; Issues related to FERC nominations generally; Infrastructure Investment and Jobs Act Regional Clean Hydrogen Hubs; BIG WIRES draft legislation; Clean energy issues generally; Comprehensive energy legislation generally; Comprehensive energy infrastructure legislation generally; Clean energy standard generally; ENERGY Star program, generally; Energy efficiency generally; Issues related to energy efficiency of natural gas appliances/equipment; Issues related to FERC nominees in general; Issues related to RTOs and ISOs; Issues related to Southeast Energy Exchange Market (SEEM); Issues related to transmission policy in general; Issues related to pipelines and pipeline safety; Issues related to renewable natural gas; Issues related to hydrogen policy; Issues related to Yucca Mountain used fuel repository; Issues related to used fuel management; Issues related to Vogtle 3&4 new nuclear construction project; Issues related to Accident Tolerant Fuel program; Issues related to advanced nuclear technology; Issues related to small modular reactors (SMRs) in general; Issues related to natural gas stoves; Issues related to DOE energy efficiency standards for electric distribution transformers; DOE new nuclear R&D programs in general; NRC fee issues in general; Issues related to NRC nominees in general; Issues related to the NRC decision on Subsequent License Renewal; Issues related to Subsequent License Renewal in general; Issues related to nuclear fuels; Issues related to HAELU fuel; Issues related to distribution transformers generally H.R. 1577, the Builder Act H.R. 1, Lower Energy Costs Act S.826, A bill to facilitate the development of a whole-of-government strategy for nuclear cooperation and nuclear exports. S.452, Nuclear Fuel Security Act of 2023 S.763, A bill to prohibit the importation into the United States of unirradiated low-enriched uranium that is produced in the Russian Federation or by a Russian entity, and for other purposes. H.R.1086 - Nuclear Fuel Security Act S.1111, the ADVANCE Act of 2023 S.2651, the SITE Act; S.1339, the Building American Energy Security Act; H.R.762, To establish the Supply Chain Resiliency and Crisis Response Office in the Department of Commerce, and for other purposes; H.Res.124, Expressing the sense of the House of Representatives that the United States should support the expansion of domestic nuclear energy and advanced nuclear technology as a viable source of power to promote United States nuclear energy leadership and global energy independence; H.Con.Res.26, Expressing the sense of Congress relating to nuclear power being a necessary clean baseload energy source to achieve a reliable, secure, and green electric grid; H.R. 4528, To amend the Atomic Energy Act of 1954 to address the insufficient compensation and recruitment of employees and other personnel of the Nuclear Regulatory Commission, and for other purposes; H.R.806, To require the Secretary of the Treasury to instruct the United States Executive Director at the World Bank and other international financial institutions to support assistance for nuclear energy, and for other purposes; H.R.1042, To prohibit the importation into the United States of unirradiated low-enriched uranium that is produced in the Russian Federation, and for other purposes; H.R.1051, To require the Secretary of Energy to obtain the consent of affected State and local governments before making an expenditure from the Nuclear Waste Fund for a nuclear waste repository, and for other purposes; S.404, A bill to require the Secretary of Energy to obtain the consent of affected State and local governments before making and expenditure from the Nuclear Waste Fund for a nuclear waste repository, and for other purposes;
None.
Low and zero emission vehicle funding; Energy R&D funding; Legal Service Corporation funding; Low Income Home Energy Assistance Program (LIHEAP) funding; National Defense Authorization Act for Fiscal Year 2024; FY2025 Energy and Water Development and Related Agencies Appropriations bills, generally; Homeland security Appropriations Bill; funding for CISA
Climate change issues, generally; Environmental regulation, generally; Methane emission reductions generally Issues related to gas stoves, generally General permitting legislation Hickenlooper Minimum Transfer Bill Casten transmission bill Manchin permitting bill Peters transmission bill
Comprehensive tax reform implementation, generally Inflation Reduction Act implementation, generally Alternative fuel tax incentives generally H.R.3746, the Fiscal Responsibility Act H.R.3936, Tax Cuts for Working Families Act
None.
Draft legislation on funding infrastructure for alternative fuel corridors; Drone/UAV issues in general Low and No Emission Vehicle Program; Issues related to natural gas vehicles (NGV) generally; Transportation Electrification Program; Issues related to electric buses; Issues related to electrifying ports;
Data Security and Breach Notification State Cyber Resiliency Intelligence Authorization Act for FY2024 National Defense Authorization Act for Fiscal Year 2024 Liability protections for energy grid owners and operators Cyber Incident Notification legislation Energy Threat Analysis Center Establishment Act of 2024 Issues related to DOD use of GSA Area-Wide Contracts for energy services
Middle-mile broadband infrastructure issues, generally; Spectrum issues, generally, including the FCC's 6 GHz spectrum proposal and Cruz-Thune spectrum pipeline bll; Pole attachment issues, generally;
None."

You can find more data on corporate lobbying on Quiver Quantitative.

SO Congressional Stock Trading

Members of Congress have traded $SO stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $SO stock by members of Congress over the last 6 months:

  • REPRESENTATIVE MARJORIE TAYLOR GREENE purchased up to $15,000 on 11/07.
  • REPRESENTATIVE JOHN JAMES sold up to $15,000 on 09/04.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

SO Insider Trading Activity

SO insiders have traded $SO stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $SO stock by insiders over the last 6 months:

  • II JAMES Y KERR, (Chairman, President & CEO, GAS) sold 30,000 shares for an estimated $2,689,200
  • CHRISTOPHER C WOMACK (CEO, President and Chairman) sold 14,000 shares for an estimated $1,206,520
  • BRYAN D ANDERSON (EVP & Pres. External Affairs) sold 6,565 shares for an estimated $587,830
  • STERLING A JR. SPAINHOUR (EVP, Chief Legal Officer & CCO) has made 0 purchases and 2 sales selling 3,173 shares for an estimated $282,008.
  • MARTIN BERNARD DAVIS (EVP and CIO) sold 1,170 shares for an estimated $100,503

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

SO Hedge Fund Activity

We have seen 934 institutional investors add shares of SO stock to their portfolio, and 789 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • JPMORGAN CHASE & CO added 14,805,400 shares (+37.1%) to their portfolio in Q3 2024, for an estimated $1,335,150,972
  • MIZUHO SECURITIES USA LLC added 14,562,689 shares (+17272.6%) to their portfolio in Q3 2024, for an estimated $1,313,263,294
  • MITSUBISHI UFJ TRUST & BANKING CORP removed 3,181,008 shares (-79.0%) from their portfolio in Q3 2024, for an estimated $286,863,301
  • GQG PARTNERS LLC added 2,876,886 shares (+21.0%) to their portfolio in Q3 2024, for an estimated $259,437,579
  • BLACKROCK, INC. added 2,798,470 shares (+3.6%) to their portfolio in Q3 2024, for an estimated $252,366,024
  • FRANKLIN RESOURCES INC removed 2,160,396 shares (-13.2%) from their portfolio in Q3 2024, for an estimated $194,824,511
  • FEDERATED HERMES, INC. removed 1,867,703 shares (-38.7%) from their portfolio in Q3 2024, for an estimated $168,429,456

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

This article was originally published on Quiver News, read the full story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.