Stock Symbol: SCG
1426 Main Street
SCANA Corporation Industry:
SCANA Corporation Description:
SCANA Corporation, through its wholly owned subsidiaries, is engaged predominately in the generation and sale of electricity to wholesale & retail customers in SC & in the purchase, sale & transportation of natural gas to wholesale & retail customers in SC, NC and Georgia. The Company is also engaged in other energy-related businesses, holds investments in telecommunications companies and provides fiber-optic communications in SC. The Company's regulated businesses include the operations of SC Electric & Gas Company, South Carolina Fuel Company, Inc., SC Generating Company, Inc., SC Pipeline Corporation, Public Service Company of North Carolina, Incorporated and SCG Pipeline, Inc. Its non-regulated businesses include the operations of SCANA Energy Marketing, Inc., SCANA Communications, Inc., ServiceCare, Inc., Primesouth, Inc., SCANA Resources, Inc. and SCANA Services, Inc.
SCANA Corporation Financial Summary:
SCG is a public utility holding company engaged in the generation and sale of electricty, as well as in the purchase, sale and transportation of natural gas to wholesale and retail customers in S.C. For the 6 months ended 6/30/05, revenues rose 9% to $2.16B. Net income applicable to Common fell 10% to $145M. Revenues reflect customer growth and colder weather. Earnings were offset by lower gross and operating margins.
SCANA Corporation Business Summary:
SCANA Corporation (SCANA) is a public utility holding company that owns, directly or indirectly, all of the capital stock of each of its subsidiaries except for the preferred stock of South Carolina Electric & Gas Company (SCE&G). Through its wholly owned regulated subsidiaries, SCANA is engaged in the generation, transmission and distribution of electricity in parts of South Carolina and the purchase, transmission and sale of natural gas in portions of North Carolina and South Carolina. Through a wholly owned non-regulated subsidiary, SCANA markets natural gas to retail customers in Georgia and to wholesale customers in the southeastern United States. Other wholly owned non-regulated subsidiaries perform power plant management and maintenance services and provide service contracts to homeowners on certain home appliances. A service company subsidiary of SCANA provides administrative, management and other services to the other subsidiaries.