|Bid||0.00 x 800|
|Ask||50.00 x 1400|
|Day's Range||48.65 - 49.84|
|52 Week Range||33.61 - 51.27|
|Beta (3Y Monthly)||-0.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 20, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||0.49 (1.03%)|
|1y Target Est||49.63|
Dominion Energy (D) is on the final step of completing its acquisition of SCANA Corporation (SCG). The only approval pending is from the South Carolina Public Service Commission. Dominion Energy’s earnings growth could accelerate next year given the contribution from SCANA’s regulated operations and exports from its Cove Point terminal.
Each Duke Energy Corp. utility saw its score fall slightly from 2017 in J.D. Power's annual business customer satisfaction survey.
South Carolina regulators approved a merger that has Virginia-based Dominion Energy Inc (NYSE: D ) buying South Carolina's Scana Corporation (NYSE: SCG ). What Happened State regulators approved Dominion ...
After a relatively upbeat start, broader markets fell on December 14 due to concerns about slowing global economic growth. The S&P 500 fell 1.2%, while utilities gained 0.6% for the week ending December 14. So far in 2018, utilities have outperformed broader markets. Including dividends, the Utilities Select Sector SPDR ETF (XLU), the representative of the top utilities in the country, has returned 11%, while broader markets have returned -1% year-to-date.
Johnson & Johnson (NYSE:JNJ) set most of the bearish tone, losing 10% of its value on reports that it has known for decades that some of its talcum powder was tainted with asbestos. As the new trading week kicks off, stock charts of Dollar Tree (NASDAQ:DLTR), Scana (NYSE:SCG) and Mastercard (NYSE:MA) merit the most attention. Back on Nov. 13 we pointed out — and not for the first time — that a range-bound Scana was actually gearing up for a breakout thrust.
The unanimous vote Friday comes nearly a year after Dominion proposed buying Scana Corp., which spent about $4.9 billion to expand the V.C. Summer nuclear plant then walked away when costs soared. Scana shares rose after the vote, closing up 6.3 percent. Debate over it dragged on for months in courtrooms and at the South Carolina statehouse.
We expect the South Carolina Public Service Commission will issue a written order next week, and the acquisition will close shortly thereafter.
COLUMBIA, S.C. (AP) — A power company's $15 billion deal to purchase a troubled South Carolina-based utility after a costly nuclear construction failure won approval Friday from state regulators.
RICHMOND, Va. and CAYCE, S.C., Dec. 14, 2018 /PRNewswire/ -- Today the Public Service Commission of South Carolina (SCPSC) voted to approve the merger between Dominion Energy, Inc. (NYSE:D) and SCANA Corporation (SCG) with conditions to be outlined later as part of a written order that is to be issued by Dec. 21, 2018. The SCPSC also approved a customer benefits plan that reduces customer bills below current levels, consistent with the companies' proposal. "Dominion Energy and SCANA are pleased with today's action of the Public Service Commission of South Carolina after an open, thorough and inclusive public process.
COLUMBIA, S.C. (AP) — The Latest on South Carolina regulators' votes on issues concerning the fallout from a $9 billion nuclear construction project failure (all times local):
Duke Energy Carolinas and Duke Energy Progress are the only utilities in the Southeast that exceed the national average for power saved through efficiency programs.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a negative indicator.
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those funds think of SCANA Corporation (NYSE:SCG) based on that data. […]
On December 3, Ashland (ASH) announced that it completed the expansion of Natrosol HEC (hydroxyethylcellulose) in Nanjing, China. The plant expansion caused the site output to increase 30%. The expansion will likely give Ashland an advantage over its cost of production.
The stock market has certainly seen its share of volatility in recent months. Sure, the broader S&P 500 (SPX) is down about 8% from Oct. 1, and it has been a pretty wild ride both up and down across the last two months or so. Equally ugly lately has been Apple Inc. (AAPL) which has shed more than 22% since Oct. 1.
Dominion Energy (D), one of the laggards among top utilities this year, seemed strong lately and is currently trading close to an eight-month high. Better-than-expected quarterly earnings and recent developments on the MLP subsidiary front could be some of the positive developments that pulled Dominion Energy stock up.