Last $55.56 USD
Change Today -1.39 / -2.44%
Volume 1.2M
SCG On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

scana corp (SCG) Snapshot

Open
$56.81
Previous Close
$56.95
Day High
$57.00
Day Low
$55.18
52 Week High
01/29/15 - $65.57
52 Week Low
10/3/14 - $47.77
Market Cap
7.9B
Average Volume 10 Days
1.2M
EPS TTM
$3.51
Shares Outstanding
142.9M
EX-Date
03/6/15
P/E TM
15.8x
Dividend
$2.18
Dividend Yield
3.78%
Current Stock Chart for SCANA CORP (SCG)

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scana corp (SCG) Details

SCANA Corporation, through its subsidiaries, is engaged in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. It owns nuclear, coal, hydro, natural gas and oil, and biomass generating facilities. The company also purchases, sells, and transports natural gas; offers energy-related risk management services; and provides service contracts on home appliances, and heating and air conditioning units. In addition, it owns two liquefied natural gas plants in Charleston and Salley, South Carolina; and offers tower site construction, management, and rental services, as well as sells towers in South Carolina and North Carolina. As of December 31, 2013, the company supplied electricity to approximately 678,000 customers; and provided natural gas to approximately 509,000 residential, commercial, and industrial customers in North Carolina and South Carolina, as well as markets natural gas to approximately 454,000 customers in Georgia. Further, SCANA Corporation owns and operates a 1,125 mile fiber optic telecommunications network and Ethernet network, as well as data center facilities in South Carolina. Additionally, it builds, manages, and leases communications towers with interests in 2,280 miles of fiber in South Carolina, North Carolina, and Georgia through a joint venture. The company’s customers comprise municipalities, electric cooperatives, other investor-owned utilities, registered marketers, and federal and state electric agencies. It also serves chemical, educational service, paper product, food product, lumber and wood product, health service, textile manufacturing, rubber and miscellaneous plastic product, and fabricated metal product industries. The company was founded in 1924 and is based in Cayce, South Carolina.

5,886 Employees
Last Reported Date: 02/27/15
Founded in 1924

scana corp (SCG) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $643.5K
Executive Vice President, President of Genera...
Total Annual Compensation: $739.9K
Senior Vice President, General Counsel and As...
Total Annual Compensation: $465.6K
Compensation as of Fiscal Year 2013.

scana corp (SCG) Key Developments

SCANA Corp. Announces Quarterly Cash Dividend, Payable on April 1, 2015

SCANA Corporation announced that its board of directors, at a meeting held on February 19, 2015, raised the quarterly cash dividend on the company's common stock to 54 ½ cents per share from 52 ½ cents per share, an increase of 3.8%. This action increases the indicated annual dividend rate to $2.18 per share from $2.10 per share. The new dividend is payable April 1, 2015 to shareholders of record at the close of business on March 10, 2015.

SCANA Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

SCANA Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total operating revenues of $1,214 million against $1,117 million a year ago. Operating income was $234 million against $173 million a year ago. Income before income tax expense was $155 million against $157 million a year ago. Net income was $105 million against $104 million a year ago. Basic and diluted earnings per share of common stock were $0.73 against $0.73 a year ago. Non-GAAP basic and diluted EPS was $0.75. For the year, the company reported total operating revenues of $4,951 million against $4,495 million a year ago. Operating income was $1,007 million against $910 million a year ago. Income before income tax expense was $786 million against $694 million a year ago. Net income was $538 million against $471 million a year ago. The increase was driven by higher electric margins due primarily to favorable weather as well as Base Load Review Act rate increases, and customer growth. Higher gas margins and a decrease in the effective tax rate also contributed to the increase. Basic and diluted earnings per share of common stock were $3.79 against $3.39 a year ago. Non-GAAP basic and diluted EPS was $3.58. For 2015, the company estimates that GAAP-adjusted earnings per share will be $3.60 to $3.80, with an internal target of $3.70 per share. The company estimates that GAAP earnings per share will be in the range of $5.00 to $5.20, with an internal target of $5.10. This estimate includes the effects of all the items listed in the preceding paragraph in respect to the sales of CGT and SCI. Effective tax rate estimate for 2015, exclusive of the taxes on the gains of the sales of the subsidiaries, will be approximately 31%.

SCANA Corporation Closes on an Unsecured $150 Million Three-month Credit Facility

On January 29, 2015, SCANA Corporation closed on an unsecured $150 million, three-month credit facility. The facility will terminate on May 4, 2015, and the lender's commitment to make loans under the facility will terminate on February 6, 2015 to the extent such commitment remains undrawn on that date. loans under the facility, if any, will be used to repay certain existing indebtedness of SCANA and for general purposes. Interest on borrowings under the facility will be calculated at market index rates plus, in the case of certain of the market index rates, a spread applicable to the market index rate. The facility contains customary representations, covenants and events of default. The facility requires SCANA to maintain a ratio of consolidated adjusted debt to consolidated total capitalization of not more than 0.7 to 1.0. Upon an uncured event of default under the Facility, all amounts owing under the Facility, if any, will become immediately due and payable and the lender may terminate its commitment. The foregoing summary is qualified in its entirety by reference to the full text of the credit agreement for the Facility filed as an exhibit hereto and incorporated by reference herein.

 

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Industry Analysis

SCG

Industry Average

Valuation SCG Industry Range
Price/Earnings 15.0x
Price/Sales 1.6x
Price/Book 1.6x
Price/Cash Flow 8.8x
TEV/Sales 0.2x
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