PG&E Corporation (PCG)

NYSE: PCG · IEX Real-Time Price · USD
12.72
+0.31 (2.50%)
At close: Sep 28, 2022 4:00 PM
12.87
+0.15 (1.18%)
After-hours: Sep 28, 2022 7:56 PM EDT
2.50%
Market Cap 31.36B
Revenue (ttm) 21.63B
Net Income (ttm) 212.00M
Shares Out 2.47B
EPS (ttm) 0.10
PE Ratio 127.20
Forward PE 10.45
Dividend n/a
Ex-Dividend Date n/a
Volume 25,768,394
Open 12.45
Previous Close 12.41
Day's Range 12.38 - 12.79
52-Week Range 9.46 - 13.54
Beta 1.15
Analysts Buy
Price Target 16.83 (+32.3%)
Earnings Date Oct 31, 2022

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. As of December 31, 2021, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines; 33 electric transmission substations, approximately 108,000 circuit miles of distribution lines, 67 tra... [Read more...]

Industry Electric Utilities
CEO Bill Smith
Employees 26,000
Stock Exchange NYSE
Ticker Symbol PCG
Full Company Profile

Financial Performance

In 2021, PCG's revenue was $20.64 billion, an increase of 11.77% compared to the previous year's $18.47 billion. Losses were -$102.00 million, -92.26% less than in 2020.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for PCG stock is "Buy." The 12-month stock price forecast is 16.83, which is an increase of 32.31% from the latest price.

Price Target
$16.83
(32.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Driving a Clean Energy Future: PG&E Celebrates National Drive Electric Week, Accelerating EV Adoption and Grid Readiness

OAKLAND, Calif.--(BUSINESS WIRE)--In recognition of National Drive Electric Week (Sept. 23 - Oct. 2, 2022), Pacific Gas and Electric Company (PG&E) is encouraging customers to drive electric, promoting ...

8 hours ago - Business Wire

PG&E says Forest Service took transmission pole, equipment amid Mosquito Fire criminal investigation

Utility company PG&E said in an SEC filing Monday that the U.S. Forest Service "removed and took possession" of company equipment during an investigation.

2 days ago - Fox Business

Forest Service seizes PG&E equipment as part of criminal probe into wildfire

SAN FRANCISCO — Federal investigators have taken possession of a Pacific Gas and Electric Co. utility transmission pole and attached equipment in a criminal probe into what started a Northern California...

2 days ago - Market Watch

PG&E Corporation (PCG) Stock Pops Following Inclusion in the S&P 500

Source: Sundry Photography / Shutterstock.com PG&E Corporation (NYSE: PCG ) stock is getting a boost on Monday from its planned inclusion in the S&P 500. According to a press release from the stock mark...

2 days ago - InvestorPlace

PG&E stock jumps on S&P 500 inclusion, a little more than 2 years after emerging from bankruptcy

Shares of PG&E Corp. PCG, -2.70% jumped 4.2% in premarket trading Monday, after the California-based utility was added to the S&P 500 index SPX, -1.72% , a little more than two years after emerging from...

2 days ago - Market Watch

PG&E and EQT Set to Join S&P 500; ExlService to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK , Sept. 23, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: PG&E Corp. (NYSE: PCG) will replace Citrix Systems In...

5 days ago - PRNewsWire

CORRECTING and REPLACING Dates Set for Pacific Gas and Electric Company Quarterly Preferred Stock Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--Second paragraph of release dated September 20, 2022, should read: In order to be considered a shareholder of record for the dividend payment, you must have purchased t...

6 days ago - Business Wire

During National Preparedness Month (and All Year Long) Help Your Family be Ready if an Emergency Happens

OAKLAND, Calif.--(BUSINESS WIRE)--Disasters can happen without warning. To help keep your family safe, Pacific Gas and Electric Company (PG&E) encourages customers to talk with their families or coworke...

6 days ago - Business Wire

To Help Customers Prepare and Stay Safe During Severe Weather, PG&E Launches Its Wildfire Safety Videos Hub

OAKLAND, Calif.--(BUSINESS WIRE)--To help customers prepare for possible emergencies due to increasing wildfire risk, Pacific Gas and Electric Company (PG&E) is expanding its wildfire safety and prepare...

6 days ago - Business Wire

Simple Ways to Save Energy: Take Advantage of PG&E Programs and Tools to Manage Energy Costs

OAKLAND, Calif.--(BUSINESS WIRE)--This summer ended up being one of the hottest in the state's history with last month being the warmest month on record for several Central Valley cities. Historic high ...

1 week ago - Business Wire

Dates Set for Pacific Gas and Electric Company Quarterly Preferred Stock Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), declared the regular preferred stock dividend for the three-month period ending October ...

1 week ago - Business Wire

PG&E says Tesla battery was source of power storage site fire

In the early hours on Monday, a Tesla Megapack battery caught fire at a key California power storage facility, the state's largest utility said in a statement to TechCrunch. According to PG&E, the utili...

Other symbols: TSLA
1 week ago - TechCrunch

Tesla Megapack battery caught fire at PG&E substation in California

As of late Tuesday morning, there were no power outages for PG&E customers, nor any injuries to on-site personnel due to the fire.

Other symbols: TSLA
1 week ago - CNBC

Identifying Potential Risks: PG&E Surveying Powerlines by Helicopters to Keep Customers Safe

OAKLAND, Calif.--(BUSINESS WIRE)--Through the end of October, Pacific Gas and Electric Company (PG&E) crews will survey electrical equipment, and the nearby vegetation, in 25 counties throughout Norther...

1 week ago - Business Wire

40 Local Students Across Northern and Central California to Receive Annual PG&E Better Together STEM Scholarships

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced that 40 students from hometowns across its service area will receive scholarships totaling $250,000 from the 202...

2 weeks ago - Business Wire

5 Utility Stocks Gurus Are Powering Up With

In light of August inflation numbers coming in hotter than expected, five utility stocks with high guru ownership and have outperformed the Standard & Poor's 500 index over the past month are Constellat...

Other symbols: AESCEGNRGSWX
2 weeks ago - GuruFocus

As Extreme Heat Continues to Push Electricity Demand Higher Across the West, State's Grid Operator Directs Utilities ...

OAKLAND, Calif.--(BUSINESS WIRE)--With high temperatures continuing across California and the West, the state's grid operator has again directed utilities including Pacific Gas and Electric Company (PG&...

3 weeks ago - Business Wire

As Extreme Heat Pushes Electricity Demand Higher Across the West, State's Grid Operator Directs Utilities to Prepare ...

OAKLAND, Calif.--(BUSINESS WIRE)--With high temperatures continuing across California and the West, the state's grid operator has directed utilities including Pacific Gas and Electric Company (PG&E) to ...

3 weeks ago - Business Wire

Heatwave Continues Across the State; Customers Urged to Conserve

OAKLAND, Calif.--(BUSINESS WIRE)--As excessive heat continues to bake California and the West, Pacific Gas and Electric Company (PG&E) continues to encourage customers to reduce demand on the grid. With...

3 weeks ago - Business Wire

Call for Energy Conservation Extended as Western Heat Wave Intensifies

OAKLAND, Calif.--(BUSINESS WIRE)--As a major summer heat wave continues to blanket the West, Pacific Gas and Electric Company (PG&E) is helping customers reduce demand on the grid and positioning its cr...

3 weeks ago - Business Wire

Day 4 of Prolonged Heat Wave Prompts Continued Call for Energy Conservation

OAKLAND, Calif.--(BUSINESS WIRE)--With temperatures forecast to be 10-20 degrees above normal in many areas over the next several days, electricity demand is expected to continue to spike. The state's g...

3 weeks ago - Business Wire

California Governor Signs Legislation Seeking to Extend Diablo Canyon Power Plant Operations to Support Statewide Gri...

OAKLAND, Calif.--(BUSINESS WIRE)--Following approval by the California State Legislature, Governor Gavin Newsom today signed Senate Bill 846 into law, seeking to extend operations at Diablo Canyon Power...

3 weeks ago - Business Wire

Californians Urged to Continue Conserving Electricity During Prolonged Heat Wave

OAKLAND, Calif.--(BUSINESS WIRE)--The state's grid operator, the California Independent System Operator (CAISO), credits conservation efforts over the past two days for maintaining grid stability and ha...

3 weeks ago - Business Wire

Receive Bill Credit for Reducing Energy Use and Strain on Statewide Power Grid

OAKLAND, Calif.--(BUSINESS WIRE)--New this summer, Pacific Gas and Electric Company (PG&E) customers can be rewarded for saving energy when the state's grid operator calls a Flex Alert. A Flex Alert is ...

3 weeks ago - Business Wire

State's Grid Operator Asks Californians to Conserve Energy Today Due to High Energy Demand and Tight Supplies Across ...

OAKLAND, Calif.--(BUSINESS WIRE)--With hot temperatures and high energy demand across California, the state's power grid operator is asking residents statewide to voluntarily conserve electricity this a...

4 weeks ago - Business Wire