PG&E Corporation (PCG)
| Market Cap | 34.71B |
| Revenue (ttm) | 24.42B |
| Net Income (ttm) | 2.48B |
| Shares Out | 2.19B |
| EPS (ttm) | 1.15 |
| PE Ratio | 13.73 |
| Forward PE | 10.55 |
| Dividend | $0.06 (0.35%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 2,575,512 |
| Open | 15.68 |
| Previous Close | 15.69 |
| Day's Range | 15.66 - 15.85 |
| 52-Week Range | 14.99 - 21.72 |
| Beta | 0.99 |
| Analysts | Strong Buy |
| Price Target | 22.25 (+40.6%) |
| 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, switching and distribution substations; and natural gas transmission, storage, and distribution system consisti... [Read more]
Financial Performance
In 2024, PG&E Corporation's revenue was $24.42 billion, a decrease of -0.04% compared to the previous year's $24.43 billion. Earnings were $2.48 billion, an increase of 10.39%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for PCG stock is "Strong Buy." The 12-month stock price forecast is $22.25, which is an increase of 40.60% from the latest price.
News
PG&E Corporation: Robust Earnings Growth Outlook
PG&E Corporation is transitioning from a low-growth utility to a high-growth company, driven by rising power demand and a 5.5GW data center pipeline. The fully funded $63 billion capex plan through 20...
PG&E Accelerating Connection of New Data Centers throughout Northern and Central California
New Energy Demand from Data Centers to Help Lower Costs for Electric Customers 'Rule 30' Tariff Proposal Establishes a Streamlined, Equitable Process for Connecting Large Demand Customers like Data Ce...
PG&E Corporation (PCG) Q4 2024 Earnings Conference Call Transcript
PG&E Corporation (NYSE:PCG) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Jonathan Arnold - VP, IR Patty Poppe - CEO Carolyn Burke - EVP & CFO Conference Call Pa...
PG&E raises 2025 core earnings forecast on higher electricity rates
PG&E Corp on Thursday raised its adjusted core earnings forecast for 2025, as the power company benefits from lower operating expenses and higher electricity rates.
PG&E Corporation Delivers on Guidance for Full-Year 2024 and Updates 2025 Earnings Guidance
OAKLAND, Calif. , Feb. 13, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) delivered solid financial results in 2024 and is on track to deliver beyond: GAAP earnings were $0.30 per share for the fou...
PG&E Stock Down 21% YT: Can Q4 Earnings, Wildfire Fallout Spark A Turnaround?
PG&E Corp‘s PCG stock price has been down 21% year to date and trading well below key moving averages.
PG&E To Customers: On Valentine's Day, Let Hearts Soar, Not Metallic Balloons
Roses are Red, Chocolate is Sweet. Don't Let Wayward Balloons Cause an Outage on Your Street OAKLAND, Calif.
PG&E Readies Resources, Crews Ahead of Storm Bringing Heavy Rain and Wind to Northern and Central California
OAKLAND, Calif. , Feb. 4, 2025 /PRNewswire/ -- Ahead of the winter storms expected to impact much of Pacific Gas and Electric Company's (PG&E) service area this week, the company has positioned crews ...
PG&E Corporation Digital Transformation Strategy Company Profile - Accelerators, Incubators and Innovation Programs
The report provides insights into PG&E's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. The report provides insights into PG...
Fire Sale At PG&E Worth A Look
PG&E Corp. stock has fallen 22% this year due to the Los Angeles wildfires, despite being outside its service territory. Fitch Ratings has affirmed its rating, saying any drawdown of the state's wildf...
Top Nuclear Energy Companies Shaping the Future of Clean Power
By Coulter Regal, CFA, Associate Product Manager Nuclear energy demand is growing. Here are the top ten nuclear energy companies shaping the future of clean power, along with key investing insights.
Top 3 Utilities Stocks That May Rocket Higher This Month
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
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.