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SCANA Corp (SCG)

SCG on New York Consolidated

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30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Scana says expects westinghouse resources are sufficient to compensate for cost overruns without resorting to toshiba <6502.t> guarantees
Wednesday, 29 Mar 2017 03:57pm EDT 

day period of evaluation : Ceo says needs 30-day period to determine most prudent path forward . Says preferred option is to finish westinghouse plants .Says expects westinghouse resources are sufficient to compensate for cost overruns without resorting to toshiba <6502.t> guarantees.  Full Article

Scana Corp provides update on impact of chapter 11 filing of Westinghouse Electric on new nuclear project
Wednesday, 29 Mar 2017 07:11am EDT 

Scana Corp : Provided update on impact of chapter 11 filing of Westinghouse Electric Company on new nuclear project at V.C. Summer Nuclear Station . Says agreement will be filed today with court as part of WEC's bankruptcy filings . Agreement allows for a transition and evaluation period during which Scana, Santee Cooper will assess information provided by Westinghouse . Co, Santee Cooper have been working with wec in anticipation of bankruptcy filing for work on project to continue toward completion of units . Says will host call on March 29, during which management will provide update on impact of WEC's bankruptcy on new nuclear project .Scana, Santee Cooper will assess the information provided by Westinghouse and determine "most prudent path forward for" the new nuclear project.  Full Article

Scana Corp CEO Kevin Marsh's FY 2016 total compensation was $6.11 mln
Friday, 24 Mar 2017 11:44am EDT 

Scana Corp :CEO Kevin Marsh's FY 2016 total compensation was $6.11 million versus $5.73 million - sec filing.  Full Article

Scana corporation sets FY dividend of $2.45per share
Thursday, 16 Feb 2017 10:15am EST 

Scana Corp : Scana Corporation announces 6.5 percent increase in common dividend and an increase in payout ratio policy . Sets FY dividend of $2.45per share .Scana Corp says approved an increase to upper band of Scana's dividend payout policy to 65% from 60%, for a new payout policy of 55% to 65%.  Full Article

Scana Q4 earnings per share $0.19
Thursday, 16 Feb 2017 07:30am EST 

Scana Corp : Scana reports financial results for fourth quarter and full year 2016, announces 2017 earnings guidance and long-term guidance . Q4 earnings per share $0.19 . Q4 earnings per share view $0.90 -- Thomson Reuters I/B/E/S . Scana corp - for 2017, company estimates that gaap-adjusted weather-normalized earnings per share will be $4.15 to $4.35 . Scana corp - qtrly total operating revenues $1,057 million versus $956 million .Scana corp - due to significance of weather to sce&g's earnings and its unpredictability, company is not able to provide 2017 gaap earnings guidance.  Full Article

Scana announces offering of 2.7 mln shares under Scana Investor Plus Plan
Monday, 26 Sep 2016 03:06pm EDT 

Scana Corp :Files to offer 2.7 million shares of common stock for purchase pursuant to Scana Investor Plus Plan - SEC Filing.  Full Article

SCE&G announces settlement agreement related to election of fixed price option
Thursday, 1 Sep 2016 05:09pm EDT 

Scana Corp : South Carolina Electric & Gas Co announces settlement agreement related to election of fixed price option and petition to update construction and capital cost schedules for new nuclear units . Public hearing on SCE&G'S petition is scheduled to begin on October 4, 2016 .Settlement agreement signifies that no contested issues exist among settling parties and supports approval of updated construction schedule.  Full Article

Scana declares regular qtrly dividend of 57.5 cents per share on Co's common stock
Thursday, 28 Jul 2016 08:50am EDT 

Scana Corp :On 28 July, declared a regular quarterly dividend of 57.5 cents per share on Co's common stock for quarter ending Sept 30, 2016.  Full Article

Scana Q2 earnings per share $0.74
Thursday, 28 Jul 2016 07:30am EDT 

Scana Corp : Scana reports financial results for second quarter 2016 . Q2 earnings per share $0.74 . Q2 earnings per share view $0.74 -- Thomson Reuters I/B/E/S . Scana corp qtrly operating revenues $905 million versus $967 million last year . Q2 revenue view $986.9 million -- Thomson Reuters I/B/E/S . Reaffirms its targeted average annual earnings per share growth rate range to be negative 6 to 0 percent over next 3 to 5 years . Reaffirms targeted average annual growth rate for GAAP-adjusted weather-normalized earnings per share to be 4-6 percent over next 3 to 5 years .Reaffirms guidance for 2016 GAAP-adjusted weather-normalized earnings per share of $3.90 to $4.10,with internal target of $4.00 per share.  Full Article

South Carolina Electric & Gas Co announces debt offering
Wednesday, 8 Jun 2016 05:24pm EDT 

SCANA Corp: South Carolina Electric & Gas Company announces debt offering . Says that its unit sold, in a negotiated offering, $425 million principal amount of its first mortgage bonds, 4.10% series due June 15, 2046 .Says that its unit sold, in a negotiated offering, $75 million principal amount of its first mortgage bonds, 4.50% series due June 1, 2064.  Full Article

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