Scana Corp (SCG) 72.24 $SCG
Fitch Affirms SCANA & Subsidiaries' Ratings; Outlook Stable
BusinessWire - Thu Jun 09, 3:33PM CDT
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of SCANA Corp (SCG) at 'BBB-'. Fitch has also affirmed the 'BBB' IDRs of its operating utility subsidiaries South Carolina Electric and Gas Co. (SCE&G) and Public Service Co of North Carolina (PSNC). In addition, Fitch has assigned an 'A-' rating to SCE&G's $425 million, 4.10% first mortgage bonds (FMBs) due June 15, 2046, and $75 million, 4.50% due June 1, 2064. The Rating Outlook for SCG, SCE&G and PSNC is Stable. A detailed list of ratings is provided at the end of this release.
SCG: 72.24 (+0.89)
SCANA Announces First Mortgage Bond Offering Worth $500M
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:10AM CDT
SCANA Corporation (SCG) announced that its subsidiary South Carolina Electric & Gas Company sold in a negotiated offering $500 million worth of First Mortgage bonds.
BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), SCG: 72.24 (+0.89), NADL: 6.80 (-1.02)
Analysts View on Electric Utilities Stocks -- TECO Energy, Consolidated Edison, Ameren, and SCANA
PR Newswire - Thu Jun 09, 7:50AM CDT
On Wednesday, June 08, 2016, the NASDAQ Composite ended the trading session at 4,974.64, up 0.26%; the Dow Jones Industrial Average advanced 0.37% to finish at 18,005.05; and the S&P 500 closed at 2,119.12, up 0.33%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: TECO Energy Inc. (NYSE: TE), Consolidated Edison Inc. (NYSE: ED), Ameren Corporation (NYSE: AEE), and SCANA Corporation (NYSE: SCG). Learn more about these stocks by accessing their free trade alerts at:
TE: 27.66 (-0.01), SCG: 72.24 (+0.89), ED: 78.41 (+1.55), AEE: 51.79 (+0.29)
South Carolina Electric & Gas Company Announces Debt Offering
PR Newswire - Wed Jun 08, 4:24PM CDT
South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), announced today that it sold, in a negotiated offering, $425 million principal amount of its First Mortgage Bonds, 4.10% Series due June 15, 2046, and $75 million principal amount of its First Mortgage Bonds, 4.50% Series due June 1, 2064, which are a part of a series of bonds having identical terms that SCE&G previously sold in May 2014. The 2046 bonds sold today are initially being offered to the public at 99.794 percent with a yield to maturity of 4.112 percent. The 2064 bonds sold today are initially being offered to the public at 97.843 percent with a yield to maturity of 4.612 percent. BB&T Capital Markets LLC, a division of BB&T Securities, J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc., TD Securities (USA) LLC, UBS Securities LLC, and Wells Fargo Securities, LLC acted as joint book-running managers, and U.S. Bancorp Investments, Inc., Drexel Hamilton, LLC, and FTN Financial Securities Corp. acted as co-managers for the transaction.
JPM: 59.60 (-4.45), SCG: 72.24 (+0.89)
Fluor Corporation's 10 Top-Valued Projects Highlight EPC Giant's Role in Nuclear, Oil & Gas Markets, an Industrial Info News Alert
Marketwire Canada - Tue Jun 07, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 7, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking 278 active projects that involve engineering, procurement and construction (EPC) leader Fluor Corporation (NYSE:FLR) (Irving, Texas) in some capacity, which have a total investment value (TIV) of $227.04 billion. The 10 highest-valued alone represent a diverse set of industries -- Oil & Gas; Power; Chemical Processing; Metals & Minerals; and Industrial Manufacturing -- and account for nearly half of the TIV.
74.17 (+0.22), GE: 29.82 (-1.37), JEC: 49.67 (-3.43), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), FLR: 48.78 (-4.20), CVX: 101.90 (-2.54), SO: 51.19 (+0.13)
SCANA's Business Model Promises Growth, High Debt a Drag
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:35AM CDT
On Jun 2, 2016, we issued an updated research report on SCANA Corporation (SCG).
BAK: 11.39 (-0.63), SCG: 72.24 (+0.89), CVRR: 8.16 (-0.13), TCP: 57.17 (-0.22)
Scana's Unit Files Petition to Modify Capital Cost Schedule
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:24AM CDT
Scana Corporation's (SCG) affiliate, South Carolina Electric & Gas Company ("SCE&G"
, has filed a petition with the Public Service Commission of South Carolina (SCPSC).
BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), CVRR: 8.16 (-0.13)
South Carolina Electric & Gas Company Elects Fixed Price Option and Requests Update to Construction and Capital Cost Schedules for New Nuclear Units
PR Newswire - Thu May 26, 1:50PM CDT
SCANA Corporation (NYSE: SCG, the Company) subsidiary South Carolina Electric & Gas Company (SCE&G), today filed a petition with the Public Service Commission of South Carolina (SCPSC) seeking approval to update the capital cost schedule as well as the construction milestone schedule for V.C. Summer Units 2 and 3, the two Westinghouse AP1000 nuclear plants being constructed at the V.C. Summer Station in Jenkinsville, S.C. (Project). Within this petition, SCE&G has informed the SCPSC that it has notified Westinghouse that it will elect the Fixed Price Option under the October 2015 Amended Engineering, Procurement, and Construction (EPC) Contract, subject to formal concurrence by Santee Cooper and the approval of the SCPSC. Once this exclusive and irrevocable option becomes effective, it will amend the EPC Contract to fix, as of June 30, 2015, substantially all of the costs to be paid for the remaining scope of the Project.
SCG: 72.24 (+0.89)
SCANA (SCG) Misses on Q1 Earnings, Revenues Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 8:43AM CDT
SCANA Corp. (SCG) reported first-quarter 2016 earnings of $1.28 per share that missed the Zacks Consensus Estimate of $1.39 and deteriorated from the year-ago figure of $1.34.
BAK: 11.39 (-0.63), SCG: 72.24 (+0.89), SXC: 5.78 (-0.27), PTR: 65.75 (-5.79)
SCANA (SCG) Q1 Earnings Miss, Revenues Fall YoY
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:48AM CDT
SCANA misses on earnings.
SCG: 72.24 (+0.89)
Scana misses 1Q profit forecasts
Automated Insights - Thu Apr 28, 6:41AM CDT
CAYCE, S.C. (AP) _ Scana Corp. (SCG) on Thursday reported first-quarter earnings of $176 million.
SCG: 72.24 (+0.89)
SCANA Reports Financial Results for First Quarter 2016
PR Newswire - Thu Apr 28, 6:30AM CDT
SCANA Corporation (NYSE: SCG) today announced earnings for the first quarter of 2016 of $176 million, or earnings per share of $1.23, compared to $400 million, or earnings per share of $2.80, for the first quarter of 2015. The 2015 results include a $201 million, or $1.41 per share, net of tax gain from the sale of two subsidiaries, Carolina Gas Transmission (CGT) and SCANA Communications, Inc. (SCI).
SCG: 72.24 (+0.89)
Utility Earnings This Week: SCG, NEE, PPL, AEP, CMS, PNW, PEG
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 7:08AM CDT
The utility sector is expected to perform better than the S&P 500 this earnings season.
CMS: 44.36 (+0.77), AEP: 67.26 (+0.67), NEE: 123.80 (-0.01), SCG: 72.24 (+0.89), PEG: 44.09 (-0.21), PPL: 37.18 (-2.26), PNW: 77.95 (+0.64)
TRC Selected by PSNC Energy for Second Phase of Natural Gas Pipeline Replacement and Upsizing Project
Marketwired - Fri Apr 22, 8:00AM CDT
TRC Companies, Inc. (NYSE: TRR), a recognized leader in engineering, environmental consulting and construction-management services, has been selected by PSNC Energy, a SCANA company, to provide $12.4 million of additional engineering design, mapping, right-of-way and surveying services for the second phase of a natural gas pipeline replacement and upsizing project in North Carolina. When complete, the project will result in improved line integrity, enhanced safety and additional capacity for economic development using clean-burning gas.
TRR: 6.48 (-0.52), SCG: 72.24 (+0.89)
SCANA Corporation to Announce First Quarter 2016 Financial Results on April 28, 2016
PR Newswire - Thu Apr 07, 8:05AM CDT
SCANA Corporation (NYSE:SCG) will release its first quarter earnings on Thursday, April 28, 2016, before the market opens. SCANA's management will discuss those results in a conference call with analysts, details of which are as follows:
SCG: 72.24 (+0.89)
SCANA (SCG) Subsidiary Files for North Carolina Rate Hike
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 10:10AM CDT
SCANA Corporation's (SCG) wholly owned subsidiary PSNC Energy filed an application with the North Carolina Utilities Commission requesting a rate hike.
SEDG: 19.05 (-0.98), EVA: 22.47 (-0.68), BAK: 11.39 (-0.63), SCG: 72.24 (+0.89)
PSNC Energy Files for Rate Increase to Recover Operation and Expansion Costs
PR Newswire - Thu Mar 31, 4:50PM CDT
PSNC Energy (PSNC), a wholly owned subsidiary of SCANA Corporation (NYSE: SCG), filed an application today with the North Carolina Utilities Commission requesting a general increase of approximately $41.6 million, or approximately 9.7 percent, in annual revenue. If the request is approved, the average year-round residential customer would see a monthly increase of approximately $3.41.
SCG: 72.24 (+0.89)
Fitch Affirms SCANA & Subsidiaries' Ratings; Outlook Stable
BusinessWire - Thu Jun 09, 3:33PM CDT
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of SCANA Corp (SCG) at 'BBB-'. Fitch has also affirmed the 'BBB' IDRs of its operating utility subsidiaries South Carolina Electric and Gas Co. (SCE&G) and Public Service Co of North Carolina (PSNC). In addition, Fitch has assigned an 'A-' rating to SCE&G's $425 million, 4.10% first mortgage bonds (FMBs) due June 15, 2046, and $75 million, 4.50% due June 1, 2064. The Rating Outlook for SCG, SCE&G and PSNC is Stable. A detailed list of ratings is provided at the end of this release.
SCG: 72.24 (+0.89)
SCANA Announces First Mortgage Bond Offering Worth $500M
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:10AM CDT
SCANA Corporation (SCG) announced that its subsidiary South Carolina Electric & Gas Company sold in a negotiated offering $500 million worth of First Mortgage bonds.
BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), SCG: 72.24 (+0.89), NADL: 6.80 (-1.02)
Analysts View on Electric Utilities Stocks -- TECO Energy, Consolidated Edison, Ameren, and SCANA
PR Newswire - Thu Jun 09, 7:50AM CDT
On Wednesday, June 08, 2016, the NASDAQ Composite ended the trading session at 4,974.64, up 0.26%; the Dow Jones Industrial Average advanced 0.37% to finish at 18,005.05; and the S&P 500 closed at 2,119.12, up 0.33%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: TECO Energy Inc. (NYSE: TE), Consolidated Edison Inc. (NYSE: ED), Ameren Corporation (NYSE: AEE), and SCANA Corporation (NYSE: SCG). Learn more about these stocks by accessing their free trade alerts at:
TE: 27.66 (-0.01), SCG: 72.24 (+0.89), ED: 78.41 (+1.55), AEE: 51.79 (+0.29)
South Carolina Electric & Gas Company Announces Debt Offering
PR Newswire - Wed Jun 08, 4:24PM CDT
South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), announced today that it sold, in a negotiated offering, $425 million principal amount of its First Mortgage Bonds, 4.10% Series due June 15, 2046, and $75 million principal amount of its First Mortgage Bonds, 4.50% Series due June 1, 2064, which are a part of a series of bonds having identical terms that SCE&G previously sold in May 2014. The 2046 bonds sold today are initially being offered to the public at 99.794 percent with a yield to maturity of 4.112 percent. The 2064 bonds sold today are initially being offered to the public at 97.843 percent with a yield to maturity of 4.612 percent. BB&T Capital Markets LLC, a division of BB&T Securities, J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc., TD Securities (USA) LLC, UBS Securities LLC, and Wells Fargo Securities, LLC acted as joint book-running managers, and U.S. Bancorp Investments, Inc., Drexel Hamilton, LLC, and FTN Financial Securities Corp. acted as co-managers for the transaction.
JPM: 59.60 (-4.45), SCG: 72.24 (+0.89)
Fluor Corporation's 10 Top-Valued Projects Highlight EPC Giant's Role in Nuclear, Oil & Gas Markets, an Industrial Info News Alert
Marketwire Canada - Tue Jun 07, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 7, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking 278 active projects that involve engineering, procurement and construction (EPC) leader Fluor Corporation (NYSE:FLR) (Irving, Texas) in some capacity, which have a total investment value (TIV) of $227.04 billion. The 10 highest-valued alone represent a diverse set of industries -- Oil & Gas; Power; Chemical Processing; Metals & Minerals; and Industrial Manufacturing -- and account for nearly half of the TIV.
74.17 (+0.22), GE: 29.82 (-1.37), JEC: 49.67 (-3.43), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), FLR: 48.78 (-4.20), CVX: 101.90 (-2.54), SO: 51.19 (+0.13) SCANA's Business Model Promises Growth, High Debt a Drag
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:35AM CDT
On Jun 2, 2016, we issued an updated research report on SCANA Corporation (SCG).
BAK: 11.39 (-0.63), SCG: 72.24 (+0.89), CVRR: 8.16 (-0.13), TCP: 57.17 (-0.22)
Scana's Unit Files Petition to Modify Capital Cost Schedule
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:24AM CDT
Scana Corporation's (SCG) affiliate, South Carolina Electric & Gas Company ("SCE&G"
, has filed a petition with the Public Service Commission of South Carolina (SCPSC). BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), CVRR: 8.16 (-0.13)
South Carolina Electric & Gas Company Elects Fixed Price Option and Requests Update to Construction and Capital Cost Schedules for New Nuclear Units
PR Newswire - Thu May 26, 1:50PM CDT
SCANA Corporation (NYSE: SCG, the Company) subsidiary South Carolina Electric & Gas Company (SCE&G), today filed a petition with the Public Service Commission of South Carolina (SCPSC) seeking approval to update the capital cost schedule as well as the construction milestone schedule for V.C. Summer Units 2 and 3, the two Westinghouse AP1000 nuclear plants being constructed at the V.C. Summer Station in Jenkinsville, S.C. (Project). Within this petition, SCE&G has informed the SCPSC that it has notified Westinghouse that it will elect the Fixed Price Option under the October 2015 Amended Engineering, Procurement, and Construction (EPC) Contract, subject to formal concurrence by Santee Cooper and the approval of the SCPSC. Once this exclusive and irrevocable option becomes effective, it will amend the EPC Contract to fix, as of June 30, 2015, substantially all of the costs to be paid for the remaining scope of the Project.
SCG: 72.24 (+0.89)
SCANA (SCG) Misses on Q1 Earnings, Revenues Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 8:43AM CDT
SCANA Corp. (SCG) reported first-quarter 2016 earnings of $1.28 per share that missed the Zacks Consensus Estimate of $1.39 and deteriorated from the year-ago figure of $1.34.
BAK: 11.39 (-0.63), SCG: 72.24 (+0.89), SXC: 5.78 (-0.27), PTR: 65.75 (-5.79)
SCANA (SCG) Q1 Earnings Miss, Revenues Fall YoY
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:48AM CDT
SCANA misses on earnings.
SCG: 72.24 (+0.89)
Scana misses 1Q profit forecasts
Automated Insights - Thu Apr 28, 6:41AM CDT
CAYCE, S.C. (AP) _ Scana Corp. (SCG) on Thursday reported first-quarter earnings of $176 million.
SCG: 72.24 (+0.89)
SCANA Reports Financial Results for First Quarter 2016
PR Newswire - Thu Apr 28, 6:30AM CDT
SCANA Corporation (NYSE: SCG) today announced earnings for the first quarter of 2016 of $176 million, or earnings per share of $1.23, compared to $400 million, or earnings per share of $2.80, for the first quarter of 2015. The 2015 results include a $201 million, or $1.41 per share, net of tax gain from the sale of two subsidiaries, Carolina Gas Transmission (CGT) and SCANA Communications, Inc. (SCI).
SCG: 72.24 (+0.89)
Utility Earnings This Week: SCG, NEE, PPL, AEP, CMS, PNW, PEG
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 7:08AM CDT
The utility sector is expected to perform better than the S&P 500 this earnings season.
CMS: 44.36 (+0.77), AEP: 67.26 (+0.67), NEE: 123.80 (-0.01), SCG: 72.24 (+0.89), PEG: 44.09 (-0.21), PPL: 37.18 (-2.26), PNW: 77.95 (+0.64)
TRC Selected by PSNC Energy for Second Phase of Natural Gas Pipeline Replacement and Upsizing Project
Marketwired - Fri Apr 22, 8:00AM CDT
TRC Companies, Inc. (NYSE: TRR), a recognized leader in engineering, environmental consulting and construction-management services, has been selected by PSNC Energy, a SCANA company, to provide $12.4 million of additional engineering design, mapping, right-of-way and surveying services for the second phase of a natural gas pipeline replacement and upsizing project in North Carolina. When complete, the project will result in improved line integrity, enhanced safety and additional capacity for economic development using clean-burning gas.
TRR: 6.48 (-0.52), SCG: 72.24 (+0.89)
SCANA Corporation to Announce First Quarter 2016 Financial Results on April 28, 2016
PR Newswire - Thu Apr 07, 8:05AM CDT
SCANA Corporation (NYSE:SCG) will release its first quarter earnings on Thursday, April 28, 2016, before the market opens. SCANA's management will discuss those results in a conference call with analysts, details of which are as follows:
SCG: 72.24 (+0.89)
SCANA (SCG) Subsidiary Files for North Carolina Rate Hike
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 10:10AM CDT
SCANA Corporation's (SCG) wholly owned subsidiary PSNC Energy filed an application with the North Carolina Utilities Commission requesting a rate hike.
SEDG: 19.05 (-0.98), EVA: 22.47 (-0.68), BAK: 11.39 (-0.63), SCG: 72.24 (+0.89)
PSNC Energy Files for Rate Increase to Recover Operation and Expansion Costs
PR Newswire - Thu Mar 31, 4:50PM CDT
PSNC Energy (PSNC), a wholly owned subsidiary of SCANA Corporation (NYSE: SCG), filed an application today with the North Carolina Utilities Commission requesting a general increase of approximately $41.6 million, or approximately 9.7 percent, in annual revenue. If the request is approved, the average year-round residential customer would see a monthly increase of approximately $3.41.
SCG: 72.24 (+0.89)
