Basic earnings per share in 2015 of $2.60 plus an excluded 25-cent charge related to Mississippi Power's construction of the Kemper IGCC project and plus an excluded 3 cents related to the costs of the proposed merger with AGL Resources, plus an excluded MC Asset Recovery insurance settlement charge of 1 cent. Basic earnings per share in 2014 of $2.19 plus an excluded 59-cent charge related to Mississippi Power's construction of the Kemper IGCC project and plus an excluded 2 cents related to the reversal of previously recognized revenues recorded in 2014 and 2013 and the recognition of carrying costs associated with the 2015 Mississippi Supreme Court decision which reversed the Mississippi Public Service Commission's March 2013 rate order related to the Kemper IGCC project. Basic earnings per share in 2013 of $1.88 plus an excluded 83-cent charge related to Mississippi Power's construction of the Kemper IGCC project, plus an excluded 2-cent charge related to the restructuring of a leveraged lease investment and minus an excluded MC Asset Recovery insurance settlement of 2 cents. Basic earnings per share in 2012 of $2.70 minus an excluded MC Asset Recovery insurance settlement of 2 cents.
Billion cubic feet
A measure of the volatility of a stock in comparison to the market as a whole. Beta can be described as the tendency of a security's returns to respond to swings in the market.
A company's common stock equity as it appears on a balance sheet, equal to total assets minus liabilities, preferred and preference stock and intangible assets such as goodwill. Book value per share refers to the book value of a company divided by the number of shares outstanding.
A company's earnings per share calculated by using fully diluted shares outstanding, including the impact of stock option grants and convertible bonds that can be converted into shares of stock in the issuing company.
The annual dividend income per share received from a company divided by its current stock price.
Net income divided by the average number of shares of common stock outstanding.
Created by the U.S. Environmental Protection Agency in 1992, Energy Star is an international standard for energy-efficient consumer products originated in the United States. Kitchen and other home appliances that carry the Energy Star label generally use 20-30 percent less energy than required by federal standards.
A unit of electrical energy representing 1 billion watt-hours. A gigawatt-hour is equivalent to 1 million kilowatt-hours. A kilowatt-hour is equivalent to a steady power of one kilowatt running for one hour and is equivalent to 3.6 million joules or 3.6 megajoules.
Abbreviation for heating, ventilation and air conditioning.
A technology that uses a gasifier to turn coal and other carbon-based fuels into synthesis gas (syngas). It then removes impurities from the syngas before it is combusted. This results in lower emissions of sulfur dioxide, particulates and mercury.
Semiconductor devices that produce visible light when an electrical current is passed through them. LED lighting can be more efficient, durable and longer lasting.
Cooling natural gas to approximately -260 degrees Fahrenheit at normal pressure results in the condensation of the gas to liquid form. LNG is useful for the transportation of natural gas since it is only one sixth-hundredth the volume of gaseous natural gas.
A measurement of electricity equal to 1,000 kilowatts and typically used when describing large amounts of generating capacity.
As pertains to electric networks, the extent to which supply is available to meet demand.
Energy generated directly from natural resources such as sunlight, wind, water, biomass, ocean tides and geothermal heat.
An abbreviation for synthesis gas, which is a mixture comprised of carbon monoxide, carbon dioxide and hydrogen. Syngas is produced by the gasification of a carbon-containing fuel to a gaseous product that has heating value.
Stock price appreciation plus reinvested dividends. (The distribution of shares of Mirant Corporation stock to Southern Company shareholders is treated as a special dividend for the purposes of calculating Southern Company shareholder return.)
