PG&E

PG&E Corp. is a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

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Earnings data Q4 2024

PG&E reports solid earnings, focuses on risk reduction and growth

PG&E's performance reflects stability and growth potential, supported by successful risk mitigation efforts and financial resilience.
While facing challenges in legal proceedings and financial disallowances, the company is well-positioned to capitalize on opportunities in infrastructure investment and EV market growth.
By focusing on operational excellence, regulatory progress, and innovation, PG&E aims to enhance its competitive position and drive sustainable growth in the future.

PG&E reports strong Q1 earnings, eyes asset sales for growth

PG&E's Q1 2023 Earnings Call showcased solid financial performance, progress in risk mitigation, and confidence in meeting targets. The company faces challenges with cost of capital adjustments and significant impact filings. However, opportunities like dividend reinstatement and asset sales present avenues for growth and savings.

PG&E reports steady earnings, focuses on safety and innovation

PG&E's financial performance in Q2 2023 was steady, with a focus on earnings growth and risk mitigation strategies.
The company's emphasis on safety, innovation, and AI integration highlights a commitment to operational excellence.
While facing regulatory and data protection challenges, PG&E is poised to leverage opportunities for growth and customer support.

PG&E reports in-line Q3 earnings, focuses on safety and stability

PG&E's Q3 performance met expectations, with a focus on safety, financial stability, and infrastructure investments.
While challenges exist in cash flow constraints and rate case decisions, the company is proactive in advocating for regulatory support.
Opportunities lie in strengthening financial metrics, legislative milestones, and ongoing infrastructure projects for future growth and resilience.

PG&E surpasses earnings expectations, Moody's upgrades rating outlook

PG&E's strong financial performance in 2023 exceeded expectations, with a positive outlook for future growth. The company's focus on risk mitigation, efficient financing, and customer service enhancements positions it well for continued success. Challenges include addressing potential asset sales and rate payer impacts, while opportunities lie in electrification and strategic financial planning.

PG&E reports solid Q1 earnings, eyes growth amidst regulatory challenges

PG&E's Q1 2024 performance aligns with guidance, emphasizing growth and customer benefits.
The company's financial plan prioritizes dividend growth, equity investments, and cost savings.
Challenges include financing CapEx, supply chain efficiency, and regulatory compliance.
Opportunities lie in investment potential, regulatory developments, and technological advancements.

PG&E reports solid earnings, advances safety measures amid wildfire risks

PG&E's Q2 2024 performance reflects steady earnings growth and strategic resilience, underpinned by robust financial risk mitigations and customer-centric investments.
While challenges persist in managing wildfire risks and navigating regulatory landscapes, the company's proactive approach and advocacy efforts signal a commitment to long-term sustainability.
Opportunities lie in influencing policy discussions, expanding market presence through affordable growth strategies, and leveraging additional liquidity for future investments and resilience.
Overall, PG&E's focus on safety, financial discipline, and stakeholder engagement positions it well for sustainable growth and value creation in the evolving energy landscape.

PG&E reports solid Q3 earnings, focuses on safety and growth

PG&E's financial performance in Q3 2024 showed steady growth and a narrowed EPS guidance for the year.
The company's commitment to safety, infrastructure investments, and financial discipline were key highlights.
Challenges in managing cash flows, securing financing, and regulatory compliance were also discussed.

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PG&E Corp. operates as a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in Oakland, CA.

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has restored most of the customers who lost electricity following two powerful winter storms that hit Northern and Central California just days apart this week, and caused power outages to nearly 490,000 customers. These storms battered the company's service area with several days of strong wind gusts, heavy rain and deep snow accumulation. Restoration Details As of noon Friday, nearly 12,000 customers, primarily in But

Most Customers Restored Following This Week's Two Major Winter Storms

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews have restored essentially all customers who lost electricity following the storm that hit Northern and Central California earlier this week. As PG&E continues to assess damage, make repairs and safely restore service to remaining customers, crews are prepared to respond to a second storm moving through Northern and Central California. Since the start of this series of storms on Sunday, PG&E has restored po

PG&E Restores More Than 350,000 Customers from Week's First Storm

SAN FRANCISCO--(BUSINESS WIRE)--Holiday lights brighten the home, but they can also add costs to energy bills and represent a fire hazard if not properly handled. Pacific Gas and Electric Company (PG&E) provides customers with safety and energy efficiency reminders to get into the holiday spirit. “We are focused on helping our customers make the holidays bright, safe and efficient,” said Chris Zenner, PG&E's Vice President of Residential Services & Digital Channels. “We hope all of

Bright Ideas for Staying Safe and Saving Energy this Holiday Season

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews today continue to assess damage, make repairs and restore service to customers after the first of two winter storms battered much of Northern and Central California Sunday and Monday. As of 2 p.m. today, 90 percent of the 247,000 customers who lost power have been restored. Approximately 27,000 customers remained without power, as heavy snow, road closures, downed trees, and other access issues are impeding the ab

Most Customers Who Lost Power Due to Winter Storm Have Been Restored

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews are responding to local outages from a powerful storm now moving through Northern and Central California. PG&E has nearly 400 power restoration crews pre-staged, including 278 troublemen, who are the energy company's first responders to an outage. The company has also stockpiled power poles, power lines, transformers, and other electric equipment at yards throughout its service territory to help crews restore

Powerful Storm Moves through Northern and Central California Bringing Rain, Wind and Snow; PG&E Responding to Local Power Outages

SAN FRANCISCO--(BUSINESS WIRE)--Cold winter weather has arrived in California and Pacific Gas and Electric Company (PG&E) urges customers to be aware of the dangers of carbon monoxide. Every year, approximately 430 people die in the U.S. from accidental carbon monoxide poisoning and approximately 50,000 people visit the emergency room. Carbon monoxide is a colorless, tasteless and odorless gas produced by the burning of fossil fuels and wood. In general, properly installed and maintained na

PG&E Offers Safety Tips for Customers on Home Heating and Carbon Monoxide

SAN FRANCISCO--(BUSINESS WIRE)--With meteorologists forecasting an impactful storm system this Saturday and into next week in Northern and Central California, Pacific Gas and Electric Company (PG&E) has thousands of workers standing by to respond to potential widespread power outages. In advance of the storm, PG&E vegetation-management crews are out today, working to keep trees away from powerlines during the forecasted wet and windy weather. PG&E meteorologists, along with experts

Strong Storm Expected to Impact Northern and Central California Starting Saturday and Extending into Next Week

SAN FRANCISCO--(BUSINESS WIRE)--The PG&E Corporation Foundation (Foundation) today announced the four 2021 recipients of the Better Together Resilient Communities grants, a program to support local initiatives to build greater climate resilience in Northern and Central California, with a particular focus on disadvantaged, vulnerable, and historically underserved communities. The program awarded $100,000 each to the Tribal EcoRestoration Alliance, the Blue Lake Rancheria, the Yurok Tribe, an

The PG&E Corporation Foundation Announces Recipients of $400,000 in Grants to Support Local Climate Change Resilience Planning

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SAN FRANCISCO--(BUSINESS WIRE)--James [Jim] M. Welsch, Senior Vice President, Generation and Chief Nuclear Officer (CNO) for Pacific Gas and Electric Company (PG&E), has notified the company of his intention to retire December 31, 2021 after 37 years of service. "Jim has done an outstanding job leading our nuclear and power generation operations, elevating our Diablo Canyon Power Plant to a best-in-class nuclear facility. We're going to miss his contributions and are grateful for his servic

PG&E Senior Vice President, Generation and Chief Nuclear Officer Jim Welsch to Retire

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

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

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. Ms. McIntyre will be responsible for representing the interests of PG&E's customers before the federal government and policy groups, and for developing and implementing all aspects of PG&E's federal engagement. She will be based in Washington, D.C., and will report to Carla J. Peterma

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

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 biggest advantage of smart homes, when in fact many of these devices also help reduce energy use and enhance safety especially during the holidays. We encourage customers to put one or more of these devices on their holiday list this year,” said Marlene Santos, PG&E's Executive Vice Presi

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

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 community-proposed microgrid projects to be constructed in its Northern and Central California service area. The California Public Utilities Commission (CPUC) recently approved PG&E's request to update its Community Microgrid Enablement Tariff (CMET), broadly expanding the eligibility requir

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

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 community only works when we support one another. We are honored to be a part of it and privileged to provide energy service to millions across Northern and Central California. This Thanksgiving, PG&E shares ways to gobble up energy savings to help reduce higher holiday energy bills. “We feel

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

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 Electric Company's (PG&E) Wildfire Safety Operations Center and fire agencies. That's why PG&E is testing artificial intelligence (AI) and machine-learning capabilities in the growing network of high-definition cameras across Northern and Central California to see how it can enhance fire-

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

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, effective today. Mr. Webb will provide PG&E Corporation's Chief Executive Officer Patti Poppe, Chief Financial Officer Chris Foster and the executive leadership team with business-critical advice focused on driving stakeholder value, maximizing the company's value proposition and financ

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

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 natural gas is rising across the nation and around the world, which will affect all of us. Pacific Gas and Electric Company (PG&E) passes through the commodity cost of natural gas to our customers with no markup. “We use various strategies throughout the year to secure favorable pricing for

As National and Global Events Cause the Cost of Natural Gas to Increase, PG&E Takes Steps to Reduce Impacts and Offers Ways for Customers to Save on Their Energy Bills

Pacific Gas and Electric Co. PCG, -0.48% on Tuesday said its subsidiary, PG&E Recovery Funding, LLC, recently finalized an $860 million green bond issuance that will finance electric work that has “significant environmental benefits.”

Dow Jones Newswires: PG&E finalizes $860 million green bond issuance

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 (the Utility), recently finalized an $860 million green bond issuance to finance electric work that will have significant environmental benefits, while also keeping customers and hometowns safe. PG&E Recovery Funding issued the bonds to finance a variety of investments that the Utility has

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

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 privileged to serve in Northern and Central California. As part of the company's new Weeks of Giving coworker campaign, PG&E's five Regional Vice Presidents are hosting several in-person or virtual volunteer events supporting local community-based organizations throughout PG&E's service are

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

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 impersonating utilities, typically online, in-person and by telephone. In fact, during September and October, the number of attempted scams reported to PG&E increased by 65%. To help protect customers against this threat, PG&E is joining its fellow electric, natural gas, water utilities and Ut

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

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 its long-term goal of installing more than 1,300 total, one station for every 20-line miles in high fire-threat areas, across its service territory. As we head into winter and look to continue rainy and wet conditions throughout Northern California, these weather stations are utilized year-ro

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

Embattled California power giant Pacific Gas & Electric could be a “big beneficiary” of the roughly $1 trillion infrastructure bill passed by Congress on Friday, given the legislation's focus on bolstering the nation's power grid, according to a new report.

The Tell: PG&E could be a ‘big beneficiary' of $1 trillion U.S. infrastructure bill

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, approved methods for home heating and ensuring that carbon monoxide detectors are installed in their homes and working properly. According to the Center for Disease Control, every year in the U.S. at least 430 people die from accidental carbon monoxide poisoning and approximately 50,000 people will b

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