PG&E Corporation (PCG)

NYSE: PCG · IEX Real-Time Price · USD
-0.21 (-1.22%)
Dec 5, 2023, 4:00 PM EST - Market closed
Market Cap 43.93B
Revenue (ttm) 22.76B
Net Income (ttm) 1.84B
Shares Out 2.13B
EPS (ttm) 0.86
PE Ratio 19.84
Forward PE 12.23
Dividend $0.04 (0.23%)
Ex-Dividend Date Dec 28, 2023
Volume 20,368,752
Open 17.26
Previous Close 17.27
Day's Range 17.03 - 17.29
52-Week Range 14.71 - 18.19
Beta 1.15
Analysts Buy
Price Target 18.89 (+10.73%)
Earnings Date Oct 26, 2023

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]

Sector Utilities
CEO Ms. Patricia Kessler Poppe
Employees 26,010
Stock Exchange NYSE
Ticker Symbol PCG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for PCG stock is "Buy." The 12-month stock price forecast is $18.89, which is an increase of 10.73% from the latest price.

Price Target
(10.73% upside)
Analyst Consensus: Buy
Stock Forecasts


Brighten Your Holiday, Lighten Your Energy Bills and Celebrate with Energy Efficiency

PG&E is Helping Customers Shine Bright & Save Right for a Sustainable Holiday Season OAKLAND, Calif. , Dec. 5, 2023 /PRNewswire/ -- With the holiday season upon us, Pacific Gas and Electric Company (P...

9 hours ago - PRNewsWire

Navigating Innovation: PG&E Hosts Utility Drone Operations Conference

OAKLAND, Calif. , Dec. 5, 2023 /PRNewswire/ -- Today, Pacific Gas and Electric Company convened hundreds of certified drone pilots, industry collaborators, community partners, and federal stakeholders...

13 hours ago - PRNewsWire

PG&E Corporation Announces Upsize and Pricing of $1.9 Billion Convertible Senior Secured Notes due 2027 to Prepay Portion of Existing Term Loan

OAKLAND, Calif. , Nov. 29, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) announced the pricing of its offering of $1.9 billion aggregate principal amount of 4.25% Convertible Senior Secured Notes ...

6 days ago - PRNewsWire

PG&E Corporation Announces Proposed Offering of $1.5 Billion Convertible Senior Secured Notes due 2027 to Repay Portion of Existing Term Loan

OAKLAND, Calif. , Nov. 29, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) announced today that it intends to offer, subject to market and other conditions, $1.5 billion aggregate principal amount o...

6 days ago - PRNewsWire

PG&E's stock powers up toward a 4-year high after plan to pay first dividend in more than 6 years

Shares of PG&E Corp. PCG powered up 2% toward a four-year high in premarket trading Tuesday, after the California-based gas and electric utility said it was reinstating its dividend. The company said ...

7 days ago - Market Watch

PG&E Corporation Reinstates Common Stock Dividend

Announcement Marks Another Milestone on PG&E's Journey to Becoming a Safe, Financially Healthy and Stable Utility OAKLAND, Calif. , Nov. 28, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today ann...

7 days ago - PRNewsWire

PG&E Corporation Schedules Business Update Call

OAKLAND, Calif. , Nov. 27, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Tuesday, November 28, 2023, at 10:30 a.m.

8 days ago - PRNewsWire

PG&E Coworkers Celebrate Holiday Season Giving Back Through Volunteerism in Hometowns

In-Person and Virtual Volunteer Events Support Nonprofits Helping At-Risk Youth, Seniors OAKLAND, Calif. , Nov. 20, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is kicking off the 2023...

15 days ago - PRNewsWire

PG&E utility bills in California will soar to help pay for wildfire protections

SACRAMENTO, Calif. — About 16 million people in California will see their electric and gas bills go up by an average of more than $32 per month over next year in part so that one of the nation's large...

19 days ago - Market Watch

PG&E's General Rate Case Will Fund Permanent Wildfire Risk Reduction, Critical Gas and Electric Safety and Reliability Investments, and Electric Capacity Upgrades to Support New Business Connections and California's Bold Clean Energy Goals

PG&E Offers Customers Many Ways to Manage Energy Use, Bills CPUC-approved Rate Changes Take Effect January 1, 2024 OAKLAND, Calif. , Nov. 16, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&...

19 days ago - PRNewsWire

On Utility Scam Awareness Day, PG&E Wants to Help Customers Recognize and Avoid Utility Scams

Know the signs and avoid falling victim during the busy holiday season OAKLAND, Calif. , Nov. 14, 2023 /PRNewswire/ -- 'Tis the season for increasingly sophisticated scams targeting consumers, includi...

21 days ago - PRNewsWire

Rain and Wind Throughout Northern California Serves as Reminder to Practice Winter Storm Safety

OAKLAND, Calif. , Nov. 14, 2023 /PRNewswire/ -- A November storm is bringing rain and wind to much of Northern California and serves as a reminder of the importance of winter storm safety.

21 days ago - PRNewsWire

12 Local Organizations to Receive $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects

PG&E and The PG&E Corporation Foundation Grant Programs Support Climate Action Key Investments for Local Communities OAKLAND, Calif. , Nov. 10, 2023 /PRNewswire/ -- Building upon a long history of cli...

25 days ago - PRNewsWire

In Line with State's Direction, PG&E Requests Federal Extension of Diablo Canyon Power Plant Operations

Facility  Would Continue Serving as a Reliable, Low-Cost, Largest Carbon-Free Energy Source for Californians  AVILA BEACH, Calif. , Nov. 7, 2023 /PRNewswire/ -- In line with state law and the Governor...

4 weeks ago - PRNewsWire

Innovation in Wildfire Mitigation: PG&E Deploys Its First 100% Renewable Remote Grid

PG&E's Fifth Operational Standalone Power System Replaces Overhead Distribution Powerlines Traversing a High Fire Threat Area and Nature Preserve in Sonoma County OAKLAND, Calif. , Nov. 6, 2023 /PRNew...

4 weeks ago - PRNewsWire

PG&E Hits Significant Milestone: In a Single Year, the Most Powerlines Have Been Put Underground and Energized, Serving and Protecting Customers

Ambitious Program Ramps Up and Proves It Can Scale Up to Reach Its Goals OAKLAND, Calif. , Nov. 1, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that it has successfully...

4 weeks ago - PRNewsWire

PG&E Corporation Reports Third-Quarter Results; On Track to Deliver Solid 2023

Recorded GAAP earnings were $0.16 per diluted share for the third quarter of 2023, compared to earnings of $0.21 per diluted share for the same period in 2022. Non-GAAP core earnings were $0.24 per di...

5 weeks ago - PRNewsWire

PG&E Takes Historic Steps Toward Decarbonization as Company Announces New Production Pilot and Procurement of Renewable Natural Gas

By 2023, 15 Percent of Residential and Commercial Customers to be Served by Renewable Natural Gas OAKLAND, Calif. , Oct. 25, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) has reached a ...

5 weeks ago - PRNewsWire

With Winter on the Approach, PG&E Offering Free Gas Appliance Safety Checks and Pilot Re-Lights

Customers can schedule appointments online to ensure gas appliances  are working properly OAKLAND, Calif. , Oct. 16, 2023 /PRNewswire/ -- To help customers prepare their gas appliances for safe use du...

7 weeks ago - PRNewsWire

Permanently Reducing Wildfire Risk: PG&E Hits Significant Milestone as 350 Miles of Trenching Completed on Path Toward 2023 Undergrounding Goal

Customers and Communities Have Made It Clear: For Wildfire Protection and Improved Reliability, We Want Powerlines Put Underground OAKLAND, Calif. , Oct. 11, 2023 /PRNewswire/ -- Pacific Gas and Elect...

7 weeks ago - PRNewsWire

PG&E Launches Microgrid Incentive Program with $79 Million in Project Funding

Clean Energy Microgrids Improve Reliability, Strengthen Resiliency of the Electric Grid, and Empower Communities with Clean Local Generation New Microgrid Incentive Program and Handbook Outlines Avail...

7 weeks ago - PRNewsWire

California regulator proposes $45 mln penalty for PG&E over 2021 Dixie fire

The California Public Utilities Commission (CPUC) on Monday proposed a $45 million shareholder-funded penalty against Pacific Gas and Electric Company (PG&E) for its connections to the destructive 202...

2 months ago - Reuters

Sink your Teeth into Savings, Bite Back at Vampire Appliances

Slay Energy Vampires and Treat Your Utility Bill – No Tricks Involved! OAKLAND, Calif.

2 months ago - PRNewsWire

PG&E Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call

OAKLAND, Calif. , Oct. 5, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, October 26, 2023, at 11:00 a.m.

2 months ago - PRNewsWire

California Climate Credit Helps PG&E Customers Transition to Low-Carbon Future

PG&E Residential Customers Will Receive a $38.39 Bill Credit OAKLAND, Calif. , Oct. 2, 2023 /PRNewswire/ -- For the second time this year, more than five million Pacific Gas and Electric Company (PG&E...

2 months ago - PRNewsWire