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PG&E Corporation (PCG)

NYSE: PCG · IEX Real-Time Price · USD
11.81 -0.19 (-1.58%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap26.57B
Revenue (ttm)20.14B
Net Income (ttm)-374.00M
Shares Out2.25B
EPS (ttm)-0.19
PE Ration/a
Forward PE10.80
Dividendn/a
Ex-Dividend Daten/a
Volume20,544,465
Open11.99
Previous Close12.00
Day's Range11.59 - 11.99
52-Week Range8.24 - 12.65
Beta1.40
AnalystsBuy
Price Target14.88 (+26.0%)
Earnings DateNov 1, 2021

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, 2020, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines, 35 electric transmission substations, approximately 108,000 circuit miles of distribution lines, 68 tra...

IndustryElectric Utilities
CEOBill Smith
Employees24,000
Stock ExchangeNYSE
Ticker SymbolPCG
Full Company Profile

Financial Performance

In 2020, PCG's revenue was $18.47 billion, an increase of 7.82% compared to the previous year's $17.13 billion. Losses were -$1.32 billion, -82.78% less than in 2019.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for PCG stock is "Buy." The 12-month stock price forecast is 14.88, which is an increase of 25.99% from the latest price.

Price Target
$14.88
(25.99% upside)
Analyst Consensus: Buy

News

PG&E (PCG) Up 4.8% Since Last Earnings Report: Can It Continue?

PG&E (PCG) reported earnings 30 days ago. What's next for the stock?

2 days ago - Zacks Investment Research

Energy Industry Veteran Yvonne A. McIntyre Appointed to Lead Federal Affairs for PG&E Corporation

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) today announced the appointment of energy industry veteran Yvonne A. McIntyre as Vice President, Federal Affairs, effective January 3, 2022. ...

3 days ago - Business Wire

There's No Place Like a Smart Home for the Holidays

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) recommends checking out smart home devices to add a little tech to your tinsel this holiday season. “Convenience is touted as the ...

3 days ago - Business Wire

More Communities Now Eligible to Pursue Microgrids as a Part of PG&E's Efforts to Build a Stronger, More Resilient El...

SAN FRANCISCO--(BUSINESS WIRE)--As part of its mission to build a stronger, more resilient energy grid for the hometowns it serves, Pacific Gas and Electric Company (PG&E) is paving the way for more com...

4 days ago - Business Wire

Serving Up a Full Plate of Gratitude and a Side Dish of Energy Savings for Our Customers This Thanksgiving

SAN FRANCISCO--(BUSINESS WIRE)--As we take time to feast and give thanks, the 25,000 coworkers of Pacific Gas and Electric Company (PG&E) want to express sincere appreciation for our customers. Our comm...

1 week ago - Business Wire

PG&E Testing Artificial Intelligence Which Could Expand Wildfire Detection Capabilities to Growing Network of High-De...

SAN FRANCISCO--(BUSINESS WIRE)--During extremely dry, hot, and windy weather, being able to differentiate wildfire smoke from fog and other false indicators is invaluable to analysts in Pacific Gas and ...

2 weeks ago - Business Wire

PG&E Corporation Announces Appointment of Experienced Utility Industry Executive Thomas Webb as Senior Advisor

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) announced that Thomas Webb, a utility industry executive with more than 40 years of experience, will serve as a senior advisor to the company...

2 weeks ago - Business Wire

As National and Global Events Cause the Cost of Natural Gas to Increase, PG&E Takes Steps to Reduce Impacts and Offer...

SAN FRANCISCO--(BUSINESS WIRE)--Winter chills mean the heating system and water heaters in your home may need to work harder, which ultimately impacts pocketbooks. And, this year, the commodity price of...

2 weeks ago - Business Wire

PG&E Issues Its First ‘Green Bonds' to Help Strengthen Electric Grid, Protect California Forests, Reduce Customer Costs

SAN FRANCISCO--(BUSINESS WIRE)--Building upon its longstanding commitment to sustainability and environmental stewardship, PG&E Recovery Funding, LLC, a subsidiary of Pacific Gas and Electric Company (t...

2 weeks ago - Business Wire

PG&E Coworkers Celebrate Holiday Season with ‘Weeks of Giving' Campaign Benefitting Local Communities

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) is kicking off the season of giving by partnering with nonprofit groups to give back to the customers and communities it is privil...

2 weeks ago - Business Wire

With Reports of Utility Scams Increasing Every Day, PG&E Wants to Help Customers Take Steps to Protect Themselves fro...

SAN FRANCISCO--(BUSINESS WIRE)--Every day across the country, electric and natural gas customers, along with telephone, water and other essential services customers, are being targeted by scammers imper...

2 weeks ago - Business Wire

PG&E Adds 300 Weather Stations in 2021 to Further Improve Weather Forecasting Capabilities

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) announced today that it has surpassed its 2021 goal of installing 300 weather stations two months ahead of schedule and completed ...

3 weeks ago - Business Wire

As Cold Weather Months Approach, Protect Yourself from Odorless, Colorless Danger and Stay Safe from Carbon Monoxide

SAN FRANCISCO--(BUSINESS WIRE)--With winter months approaching, there are important steps customers can take to protect themselves against the dangers of carbon monoxide, including using only safe, appr...

1 month ago - Business Wire

PG&E Corp. (PCG) Q3 Earnings Miss Estimates, Revenues Up Y/Y

PG&E Corp.'s (PCG) total revenues of $5,465 million rise 11.9% from the year-ago quarter and exceed the Zacks Consensus Estimate by 4.4%.

1 month ago - Zacks Investment Research

PG&E gets subpoena over Dixie fire, expects to take $1.15 billion loss

PG&E Corp said on Monday it had received a subpoena from the U.S. attorney's office seeking documents from the Californian utility related to the Dixie Fire, and expects to take a loss of $1.15 billion ...

1 month ago - Reuters

PG&E (PCG) Q3 Earnings Miss Estimates

PG&E (PCG) delivered earnings and revenue surprises of -7.69% and 4.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

PG&E Corporation Reports Third-Quarter 2021 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) recorded third-quarter 2021 losses attributable to common shareholders of $1,091 million, or $0.55 per share, as reported in accordance with ...

1 month ago - Business Wire

Earnings Outlook For PG&E

PG&E (NYSE:PCG) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.

1 month ago - Benzinga

Accelerating Toward a Clean Transportation Future, PG&E Proposes Next Milestone in Building California's Electric Veh...

SAN FRANCISCO--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) announced it has proposed the next major milestone in building the electric vehicle (EV) charging infrastructure for Northe...

1 month ago - Business Wire

Why PG&E (PCG) Might Surprise This Earnings Season

PG&E (PCG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

PG&E Restores Essentially All Customers Following Major Atmospheric River Storm

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews have restored essentially all customers who lost electricity following a powerful atmospheric river weather system that batt...

1 month ago - Business Wire

PG&E (PCG) to Report Q3 Earnings: What's in the Offing?

PG&E Corporation (PG&E) Q3 results are likely to reflect warm weather and severe drought conditions and incremental operating expenses related to wildfire.

1 month ago - Zacks Investment Research

Atmospheric River Storm Begins to Move Out of Southern Portion of PG&E's Service Area

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company's (PG&E) Emergency Operations Center and hundreds of crews continue assessing damage, making needed repairs and restoring power in the af...

1 month ago - Business Wire

PG&E (PCG) Reports Next Week: Wall Street Expects Earnings Growth

PG&E (PCG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Atmospheric River Storm Delivers Expected Wind and Rain Wallop; PG&E Responds with Hundreds of Electric and Tree Crew...

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) continues to execute an all-hands-on-deck response to the early-season atmospheric river storm that delivered high winds and sever...

1 month ago - Business Wire