PG&E

PG&E Corp. is a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

PG&E reports solid earnings, focuses on risk reduction and growth

PG&E's performance reflects stability and growth potential, supported by successful risk mitigation efforts and financial resilience.
While facing challenges in legal proceedings and financial disallowances, the company is well-positioned to capitalize on opportunities in infrastructure investment and EV market growth.
By focusing on operational excellence, regulatory progress, and innovation, PG&E aims to enhance its competitive position and drive sustainable growth in the future.

PG&E reports strong Q1 earnings, eyes asset sales for growth

PG&E's Q1 2023 Earnings Call showcased solid financial performance, progress in risk mitigation, and confidence in meeting targets. The company faces challenges with cost of capital adjustments and significant impact filings. However, opportunities like dividend reinstatement and asset sales present avenues for growth and savings.

PG&E reports steady earnings, focuses on safety and innovation

PG&E's financial performance in Q2 2023 was steady, with a focus on earnings growth and risk mitigation strategies.
The company's emphasis on safety, innovation, and AI integration highlights a commitment to operational excellence.
While facing regulatory and data protection challenges, PG&E is poised to leverage opportunities for growth and customer support.

PG&E reports in-line Q3 earnings, focuses on safety and stability

PG&E's Q3 performance met expectations, with a focus on safety, financial stability, and infrastructure investments.
While challenges exist in cash flow constraints and rate case decisions, the company is proactive in advocating for regulatory support.
Opportunities lie in strengthening financial metrics, legislative milestones, and ongoing infrastructure projects for future growth and resilience.

PG&E surpasses earnings expectations, Moody's upgrades rating outlook

PG&E's strong financial performance in 2023 exceeded expectations, with a positive outlook for future growth. The company's focus on risk mitigation, efficient financing, and customer service enhancements positions it well for continued success. Challenges include addressing potential asset sales and rate payer impacts, while opportunities lie in electrification and strategic financial planning.

PG&E reports solid Q1 earnings, eyes growth amidst regulatory challenges

PG&E's Q1 2024 performance aligns with guidance, emphasizing growth and customer benefits.
The company's financial plan prioritizes dividend growth, equity investments, and cost savings.
Challenges include financing CapEx, supply chain efficiency, and regulatory compliance.
Opportunities lie in investment potential, regulatory developments, and technological advancements.

PG&E reports solid earnings, advances safety measures amid wildfire risks

PG&E's Q2 2024 performance reflects steady earnings growth and strategic resilience, underpinned by robust financial risk mitigations and customer-centric investments.
While challenges persist in managing wildfire risks and navigating regulatory landscapes, the company's proactive approach and advocacy efforts signal a commitment to long-term sustainability.
Opportunities lie in influencing policy discussions, expanding market presence through affordable growth strategies, and leveraging additional liquidity for future investments and resilience.
Overall, PG&E's focus on safety, financial discipline, and stakeholder engagement positions it well for sustainable growth and value creation in the evolving energy landscape.

PG&E reports solid Q3 earnings, focuses on safety and growth

PG&E's financial performance in Q3 2024 showed steady growth and a narrowed EPS guidance for the year.
The company's commitment to safety, infrastructure investments, and financial discipline were key highlights.
Challenges in managing cash flows, securing financing, and regulatory compliance were also discussed.

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PG&E Corp. operates as a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in Oakland, CA.

Shares of PG&E Corporation (NYSE: PCG) tumbled last week on the company’s equity issuance at $9.50 per share to fund its exit from bankruptcy.

BofA Raises PG&E Target On Potential Debt Paydown

PG&E Is About To Exit Bankruptcy Under An Irrational Reorganization Plan

The California utility issued a common stock offering at $9.50 per share as well as a separate sale of equity units.

PG&E Raises $5.5 Billion to Near Bankruptcy Exit

PG&E Corp has raised about $5.5 billion from a share offering and sale of equity units as the biggest U.S. power provider by customers looks to emerge from Chapter 11 bankruptcy next week.

PG&E raises $5.5 billion as it eyes exit from bankruptcy next week

PG&E Corporation (NYSE: PCG) announced that its Chapter 11 reorganization plan stands approved by a court in California, clearing the way for the utility to emerge from bankruptcy.

PG&E Bankruptcy Plan Gets Court Approval

PG&E Corp said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern District of California, bringing the power provider one step closer to emerge from bankruptcy and participate in a state-backed wildfire fund.

PG&E says bankruptcy court approves its Chapter 11 reorganization plan

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) announced today that the United States Bankruptcy Court for the Northern District of California has confirmed the company’s Chapter 11 Plan of Reorganization (the Plan). This follows the California Public Utilities Commission’s approval of the Plan on May 28, 2020. “Today’s ruling in the Chapter 11 proceeding concludes the process of approving PG&E’s Plan of Reorganization and is

PG&E Achieves Bankruptcy Court Confirmation of its Plan of Reorganization

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PG&E Pleads Guilty To 84 Deaths As Part Of Bankruptcy Plan

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A power company has admitted responsibility for the deaths of dozens of people  in the 2018 wildfire that devastated the northern California town of Paradise.

Power company pleads guilty over 84 deaths in 2018 California wildfire

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PG&E will also pay a maximum $3.5 million fine and an extra $500,000 to cover the cost of the investigation.

PG&E Pleads Guilty To Involuntary Manslaughter For 84 Deaths In Northern California Camp Fire

The fire, which completely devastated the town of Paradise, was blamed on the company’s crumbling electrical grid

PG&E confesses to killing 84 people in 2018 California fire as part of guilty plea

84 people died in the Camp Fire that investigators determined was the fault of reckless maintenance of the utilities transmission system.

Report: PG&E to Plead Guilty to Manslaughter for 2018 Wildfire Deaths

Pacific Gas & Electric is expected to plead guilty Tuesday to 84 felony counts of involuntary manslaughter during a court hearing three months after the nation's largest utility reached a plea agreement in the November 2018 fire ignited by its rickety electrical grid that destroyed a Northern California town.

PG&E to plead guilty to deaths from California wildfire

PG&E Corporation (NYSE: PCG) is planning to plead guilty to 84 felony counts of involuntary manslaughter in the 2018 California wildfire case on Tuesday, the Associated Press reported.

PG&E Expected To Plead Guilty For 2018 Wildfire Deaths Today

PG&E Corporation (NYSE: PCG) held up relatively well on Monday morning after the company agreed to a new deal with the Official Committee of Tort Claimants (TCC) related to percentage ownership of the Fire Victim Trust.

This Analyst Is Bullish On PG&E Following Stock Deal With Wildfire Victims

PG&E Capitalized To Soar

PG&E Corp. (NYSE: PCG) wants to sell its San Francisco headquarters and shift base to Oakland to save costs after being in the Golden City for more than a century.

PG&E Moving Out Of San Francisco After 100 Years Of Residence, Wants To Raise $11B From Favorable Debt Markets

PG&E Corp. PCG, +0.39% announced late Monday it will move its headquarters from San Francisco to Oakland in 2022 as part of a cost-saving effort.

PG&E moving headquarters from San Francisco to Oakland to cut costs

Pacific Gas and Electric Company (NYSE: PCG) filed for Chapter 11 bankruptcy in the United States in 2019. In an announcement on Monday, the power provider said that it now seeks to raise £4.54 billion in new equity via public offerings in a bid to exit bankruptcy.

PG&E to raise £4.54 billion via public offerings to exit bankruptcy

PG&E Corp. (NYSE: PCG) announced Monday morning that it has agreed to sell $3.25 billion in common stock to a group of investors in a private placement once the company exits Chapter 11 bankruptcy protection.

PG&E Stock Hammered by New Stock Offering

California-based power provider PG&E Corp said on Monday it plans to raise $5.75 billion from public offerings as it tries to emerge from Chapter 11 bankruptcy by the end of this month.

PG&E plans $5.75 bln equity raise to fund bankruptcy exit

Shares of PG&E Corp. PCG, +5.47% sank 6.2% in premarket trading Monday, after the San Francisco-based utility announced an equity investment of a total of $3.25 billion by investors including Appaloosa, Third Point LLC, Fidelity Management & Research Co.

News for PG&E Stock (PCG)