Energy Utilities Announce Business Expansion and Management Changes - Research Report on ITC Holdings, PHI, Cemig, SCANA, and OGE Energy Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, July 24, 2013 NEW YORK, July 24, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting ITC Holdings Corp. (NYSE: ITC), Pepco Holdings, Inc. (NYSE: POM), Companhia Energetica de Minas Gerais (NYSE: CIG), SCANA Corporation (NYSE: SCG), and OGE Energy Corp. (NYSE: OGE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. ITC Holdings Corp. Research Report On July 15, 2013, ITC Great Plains, LLC (ITC Great Plains), a subsidiary of ITC Holdings Corp. (ITC Holdings), announced its intentions to establish a regional business development and operations office in Oklahoma City. "The increasing pace of energy development in Oklahoma and the south central region is placing greater and greater demands on the high-voltage grid," said Kristine Schmidt, President of ITC Great Plains. "ITC's investment in new high-voltage infrastructure in the Southwest Power Pool (SPP) region, which includes Oklahoma, is founded upon open access to robust and reliable grid and collaboration with key energy stakeholders. Our expanded presence in Oklahoma City will allow us to play a more prominent role in developing a modern grid to support the state's growing economy while positioning the state to be a major intersection on the emerging national grid superhighway." According to Dave Lopez, Oklahoma Secretary of Commerce, this expansion is a reflection of the positive environment for energy development in Oklahoma. The Full Research Report on ITC Holdings Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cb13_ITC] -- Pepco Holdings, Inc. Research Report On July 17, 2013, Pepco Holdings, Inc. (PHI) announced that Debbi Jarvis, Vice President of the Company's Corporate Citizenship and Social Responsibility, is the new board chair of the Boys & Girls Clubs of Greater Washington (BGCGW). According to PHI, Jarvis' connection with the local Greater Washington community began when she was a news anchor and reporter with Washington's NBC-4. "I had the opportunity to hear directly from those in the community and to help them tell their stories - all in an effort to help make a difference. I believe in the work that the BGCGW does because I've seen the need and the work firsthand," said Jarvis. At PHI, Jarvis and her team develop strategies around corporate goodwill in the communities served by the Company and its three operating utilities. According to PHI, Jarvis' role as the board chair for BGCGW is an extension of her genuine passion for community engagement. The Full Research Report on Pepco Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2d29_POM] -- Companhia Energetica de Minas Gerais Research Report On July 9, 2013, Companhia Energetica de Minas Gerais (Cemig) announced that under the decisions of the Ordinary and Extraordinary General Meetings of Stockholders held concurrently on April 30, 2013, the second installment of the dividends payable for the business year 2012 is R$609 million (Reais), payable on December 30, 2013. Of this amount, the Company scheduled to pay R$250 million, or R$0.29 per share, on July 18, 2013. And thereby, the remaining amount to be paid by December 30, 2013 is R$359 million. Cemig informed that stockholders entitled to this payment will be for shares traded on the Sao Paulo Stock Exchange (stockholders of record on April 30, 2013), and for American Depositary Receipts traded on the NYSE (stockholders of record on May 6, 2013). The Full Research Report on Companhia Energetica de Minas Gerais - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2692_CIG] -- SCANA Corporation Research Report On July 12, 2013, SCANA Corporation (SCANA) announced that it will release its Q2 2013 financial results on August 1, 2013, before the market opens. On the same day, the Company's management will host a conference call with analysts at 10:00 a.m. ET, to discuss the results. SCANA informed that the speakers at the conference call will be its CFO Jimmy Addison and SCE&G COO Steve Byrne. In its Q1 2013 financial results release, SCANA reaffirmed its guidance for full-year 2013 basic EPS, ranging from $3.25 to $3.45. In the Q1 2013 release, the Company also stated that it continues to target an average annual earnings growth rate of 3% to 6% over the next three to five years. The Full Research Report on SCANA Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3fb6_SCG] -- OGE Energy Corp. Research Report On July 17, 2013, OGE Energy Corp. (OGE Energy) announced that the Company's Board of Directors has appointed Sean Trauschke as the President of OGE Energy's Oklahoma Gas and Electric (OG&E) subsidiary. In addition to his new role, OGE Energy said that Trauschke will continue to serve as CFO of both OGE Energy and OG&E. "This promotion recognizes Sean for his proven leadership, his knowledge, and experience in the industry and his contributions as CFO," said Pete Delaney, Chairman, President and CEO of OGE Energy. "His appointment to this role is also an important step in our succession planning process. Having a clear succession plan is key to OGE Energy's long-term sustainability." The Full Research Report on OGE Energy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2f74_OGE] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Energy Utilities Announce Business Expansion and Management Changes - Research Report on ITC Holdings, PHI, Cemig, SCANA, and
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