PG&E Corporation (PCG)
| 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]
Financial Performance
Financial StatementsAnalyst 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.
News
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...
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...
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 ...
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...
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 ...
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...
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.
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...
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...
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&...
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...
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.
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
Sink your Teeth into Savings, Bite Back at Vampire Appliances
Slay Energy Vampires and Treat Your Utility Bill – No Tricks Involved! OAKLAND, Calif.
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.
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...