MAAT INDEX

CLAIM #54164 · Southern Company (SO) · 2024Q4 earnings call · Feb 20, 2025 · due Dec 31, 2029

we're solidly within our range and potentially with those incremental updates sustainably near the top.

Dan Tucker · CFO

PENDING
graded after results covering Dec 31, 2029 are reported

How to check this claim

Look at: Long-term EPS growth rate guidance range position (annual growth %, relative to stated 5-7% range)

It came true if: Company-reaffirmed or updated long-term EPS growth guidance sustained at or near the top of the 5%-7% range (i.e., annual growth consistently >= 6%)

Where: Company earnings guidance disclosures (quarterly earnings calls and investor presentations)

In context

- look, I think the first thing to say is what we've continued to reinforce over time is we are where we were, right? So, we have this terrific outlook 5% to 7% long term. And now we are seeing some incremental fundamental things being additive to the overall profile. And look, the words we're using are adding durability. That's not code for anything that's simply suggesting that this is not a fight every year to just get to where we need to be. There are enough fundamentals coming into play, that this is a long-term outlook that we're beginning to get even more confidence in being able to sustain for a long period of time. And so, the with this incremental update that we just had today and the potential incremental capital that we could get more clarity on in the very foreseeable future, we're solidly within our range and potentially with those incremental updates sustainably near the top. And I think how we feel positioned. Again, in the long term, as early as 2027 is to be able to not change the 5 to 7 per se or perhaps start that growth rate from a higher sustained point. In the near term, we are where we were. Carly Davenport: Great. That's super helpful. I appreciate that. And then maybe just on that $10 billion to $15 billion of investment opportunities above the plan. Could you talk a little bit about how we should think about the split between sort of what's at Georgia Power versus you referenced that natural gas pipeline opportunity? And any color in terms of sort of the outcomes that underpin that estimated CapEx. Dan Tucker: Yes, absolutely. It is substantially all Georgia Power. There is some degree of the natural gas pipelines. I think in our 10-K, we disclosed

Verify independently

SEC filings for SO · Claim quote is verbatim from the 2024Q4 earnings call.