|Bid||47.21 x 1200|
|Ask||51.00 x 1100|
|Day's Range||47.39 - 51.27|
|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||47.19|
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.
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.
With roughly $2 billion of settlement, SCANA (SCG) announced plans to relieve customers in terms of future electric rate credit
Record Black Friday sales helped boost Amazon and the FANG leaders early Monday, as oil prices climbed and chip stocks recieved analyst support.
Zilvinas Mecelis‘ Covalis Capital is an employee-owned, London, United Kingdom-based hedge fund launched in May 2012, with offices in New York and George Town. Its Chief Investment Officer is Zilvinas (Zach) Mecelis, who was also one of its five launching partners, alongside Toby Mitchell, Jakob Moberg, Peter Murphy, and Rolanas Stikovas. The 38-year-old Mr. Mecelis […]
Troubled utility SCANA has reached a $2 billion settlement with the South Carolina customers who sued after they were charged high rates to pay for the company's failed nuclear construction project. SCANA ...
CAYCE, S.C., Nov. 24, 2018 /PRNewswire/ -- Plaintiffs Richard Lightsey, LeBrian Cleckley, and Phillip Cooper have reached an agreement with SCANA Corporation and South Carolina Electric & Gas Company to settle a lawsuit filed in the state Court of Common Pleas in Hampton County on behalf of themselves and current and former SCE&G electric customers. The settlement addresses these customers' claims and the Attorney General's arguments related to the Base Load Review Act ("BLRA"). SCANA and SCE&G deny the allegations made in the lawsuit, but have agreed to resolve this matter.
Former S.C. Electric & Gas employees told state regulators Tuesday that company executives repeatedly accepted obviously false low-ball estimates of cost overruns in the failed V.C. Summer nuclear expansion.