PG&E Corporation (PCG)
| Market Cap | 37.19B |
| Revenue (ttm) | 24.83B |
| Net Income (ttm) | 2.75B |
| Shares Out | 2.19B |
| EPS (ttm) | 1.28 |
| PE Ratio | 13.29 |
| Forward PE | 12.34 |
| Dividend | $0.06 (0.32%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 21,771,008 |
| Open | 16.99 |
| Previous Close | 16.95 |
| Day's Range | 16.88 - 17.27 |
| 52-Week Range | 15.94 - 21.72 |
| Beta | 0.98 |
| Analysts | Strong Buy |
| Price Target | 22.62 (+32.98%) |
| Earnings Date | Feb 13, 2025 |
About PCG
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and di... [Read more]
Financial Performance
In 2023, PG&E Corporation's revenue was $24.43 billion, an increase of 12.68% compared to the previous year's $21.68 billion. Earnings were $2.24 billion, an increase of 24.56%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for PCG stock is "Strong Buy." The 12-month stock price forecast is $22.62, which is an increase of 32.98% from the latest price.
News
Northern and Central California STEM Students Encouraged to Apply for PG&E College Scholarships of Up to $10,000
PG&E's Employee Resource/Engineering Groups Also Offer College Scholarships for Combined Total of $600,000 This Year OAKLAND, Calif. , Jan. 16, 2025 /PRNewswire/ -- The PG&E Corporation Foundation (PG...
PG&E Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
OAKLAND, Calif. , Jan. 16, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, February 13, 2025, at 11:00 a.m.
PCG.PR.X: 6.00% Mandatory Convertible Preferred Stock IPO From PG&E Corporation
PG&E Corporation's new 6.00% Series A Mandatory Convertible Preferred Stock (PCG.PR.X) offers a cumulative annual dividend with a conversion clause based on the common stock price. PCG-X is currently ...
New Preferred Stock IPOs, December 2024
December saw six new preferred stock and exchange traded debt offerings with yields ranging from 6% to 9%, highlighting diverse investment opportunities. CDx3 preferreds ranked 10 out of 10 offer an a...
Vistra, Entergy, NiSource, PG&E: 4 Utilities Power Up For Bullish 2025, Says JPMorgan
JPMorgan analysts Jeremy Tonet and Richard W. Sunderland believe utilities in North America are gearing up for a stellar 2025.
PG&E Secures $15 Billion Loan From U.S. Energy Department
The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility's grid and climate resiliency projects.
US agrees to $15 bln loan to PG&E, WSJ reports
The United States will offer a record $15 billion low-interest loan to California-based utility PG&E to support climate resilience projects and upgrade the electrical grid, the Wall Street Journal rep...
Biden Administration Agrees to Record $15 Billion Loan to PG&E
The Energy Department loan would finance the California utility's efforts to upgrade the power grid and reduce emissions.
Leo P. Denault, Former Chairman and Chief Executive Officer of Entergy Corporation, to Join PG&E Boards of Directors
OAKLAND, Calif. , Dec. 16, 2024 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today announced the appointment of Leo P.
More Than $250,000 in College Scholarships Now Available from PG&E for Students in Northern and Central California
Application Deadline is March 22, 2025 OAKLAND, Calif. , Dec. 16, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that scholarship applications are now being accepted for ...
PG&E Readies Resources, Crews Ahead of Storm Bringing Heavy Rain and Wind to Northern California
OAKLAND, Calif. , Dec. 13, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) has positioned crews and resources across its service area to support the safe and swift response repair to dama...
PG&E Is A Buy On Its Improving Profitability, Dividend Growth Potential
PG&E's transformative net-zero carbon plan and aggressive infrastructure expansion make it an attractive investment despite underperformance compared to the S&P 500. The company's strong CAPEX plan, f...
PG&E's New Convertible Preferred Offers Dual Benefit
PG&E has a new series of 6% preferred stock that converts into common after three years. The conversion terms offer a potential 25% upside. There are more risks than with a conventional preferred.
PG&E Corporation Announces Pricing of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock
OAKLAND, Calif. , Dec. 2, 2024 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) ("PG&E" or the "Company") announced today the pricing of its previously announced concurrent underwritten public offerings o...
PG&E shares fall after launching $2.4 bln equity capital raise
Shares of PG&E Corp fell about 7% on Monday after the power and natural gas company announced that it planned to raise $2.4 billion from investors via a stock offering.
Stellantis, PG&E And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Monday.
PG&E Corporation Announces Launch of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock
OAKLAND, Calif. , Dec. 2, 2024 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) ("PG&E" or the "Company") announced today the launch of concurrent underwritten public offerings of (i) $1,200 million of sh...
Dates Set for PG&E Quarterly Stock Dividends
OAKLAND, Calif. , Dec. 2, 2024 /PRNewswire/ -- On November 29, 2024, PG&E Corporation (NYSE: PCG) declared its fourth-quarter 2024 regular cash dividend of $0.025 per share on the Corporation's common...
PG&E Provides Over $50 Million in Bill Support to Customers Through REACH Program in 2024, Additional CARE & FERA Discounts Available to Qualifying Customers
Nearly 58,000 Customers Received REACH Benefits in 2024; Customers are Encouraged to Check Eligibility and Apply for CARE & FERA OAKLAND, Calif. , Nov. 25, 2024 /PRNewswire/ -- Nearly 58,000 Pacific G...
Final Opportunity to Apply for PG&E Resilience Hubs Grants to Help Communities Address Climate and Disaster Needs
Total of $400,000 in Funding; Deadline to Apply is Jan. 31, 2025 OAKLAND, Calif. , Nov. 25, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is accepting applications for its Resilience Hu...
Merry & Mindful: PG&E's Energy-Efficient Solutions for a Season of Savings
Festive, Budget-Friendly Tips to Help Reign in Energy Waste & Lower Bills OAKLAND, Calif. , Nov. 22, 2024 /PRNewswire/ -- 'Tis the season for more houseguests, mouthwatering meals, and dazzling decora...
Divert, Inc. and PG&E Announce First-of-its-Kind Interconnection in California to Address the Wasted Food Crisis
WEST CONCORD, Mass. & OAKLAND, Calif.--(BUSINESS WIRE)-- #Divert--Divert and PG&E announce a first-of-its-kind interconnection in the state of California to address the wasted food crisis.
On Utility Scam Awareness Day, PG&E Helps Customers Recognize and Avoid Utility Scams
During 2024, PG&E customers have lost over $334,000 to scammers OAKLAND, Calif. , Nov. 20, 2024 /PRNewswire/ -- As the holiday season ramps up, scammers are also ramping up their efforts to target con...
Ahead of First Atmospheric River of the Season, PG&E Readies Resources, Crews to Support Customers and Hometowns
OAKLAND, Calif. , Nov. 19, 2024 /PRNewswire/ -- Ahead of the first significant storm of the season, Pacific Gas and Electric Company (PG&E) has mobilized crews and resources in key regions to respond ...
PG&E Reaches Significant Undergrounding Milestone, Burying More Than 800 Miles of Lines in High Wildfire-Risk Areas
Customers in 27 Counties Now Benefit from Newly Installed Underground Powerlines that Improve Reliability and Eliminate Nearly All Wildfire Risk in a Given Location OAKLAND, Calif. , Nov. 15, 2024 ...