|Day's Range||65.56 - 66.14|
|52 Week Range||64.20 - 76.41|
|PE Ratio (TTM)||16.03|
|Earnings Date||Jul 26, 2017 - Jul 31, 2017|
|Dividend & Yield||2.45 (3.74%)|
|1y Target Est||71.50|
Westinghouse Electric Co. will not object to a S.C. utility customer advocate’s petition to make public now-sealed details of its contract to build the V.C. Summer Nuclear Station. Meanwhile, more than 350 people have written to the commission expressing support for opening up the contract details to the public. The staff asked the commission to revoke the confidential treatment afforded to some of the financial and technical details of the original contract between Westinghouse and S.C. Electric & Gas to build the project and of all the change orders for the project.
On May 5, Scana (SCG) had a short-interest-to-equity float ratio of 5.2%, the highest among the utility stocks that make up the Utilities Select Sector SPDR ETF (XLU).
The S.C. Office of Regulatory Staff wants regulators to let the public see the V.C. Summer project’s original construction contract and the change orders that led to price increases now in the range of $16 billion. ORS Executive Director Dukes Scott says that excessive secrecy about the 2,134-megawatt, two-reactor Summer expansion have fueled public suspicion about the project. “The commission files orders saying they are entitled to keep this information confidential,” he says.