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SCANA Corporation

Industry: Electric Utilities

Fortune Rank: 489

SCG is a public utility holding company engaged in the generation and sale of electricity, 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 (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.

SCANA Corporation

SCANA Corporation is a Fortune 500 company. In 2010 SCANA Corporation was ranked number 489 on the Fortune 500 list, making it the 489th largest company in the United States when judged by revenue.

SCANA Corporation achieved revenue of $4,237.00 million in 2010 and earned a profit of $348.00 million.

SCANA Corporation's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 445th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $5,319 million (a change of -1 million compared to 2010) and profits of $346 million (a change of 2 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then SCANA Corporation would be ranked 263rd rather than 489th due to its profits of $348 in 2010.

SCANA Corporation Revenue* Profit* Fortune Ranking
20104,237348489
20095,319346445
20084,621320500
20074,563310483
20064,777320447

* US$ Million

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