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.

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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) today issued the following statement in response to the release of information by the California Department of Forestry and Fire Protection (CAL FIRE) regarding the September 2020 Zogg Fire: “The loss of life and devastation in the communities impacted by the Zogg Fire is tragic, and we recognize that nothing can heal the hearts of those who have lost so much. We also thank the courageous first responders who saved live

PG&E Responds to CAL FIRE's Announcement about 2020 Zogg Fire in Shasta County

Bayerische Motoren Werke AG

BMW Group and California utility Pacific Gas & Electric are rolling out the next phase of a pilot that aims to test — and learn — how electric vehicles could support the integration of renewable energy on the electric grid. The ChargeForward program, now entering its third phase, is open to PG&E customers who drive […]

BMW and PG&E team up to prepare the electric grid for millions of EVs

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) and the BMW Group today announced an expansion of their partnership focused on smart charging electric vehicles (EVs) with excess renewable energy to support grid reliability. PG&E and the BMW Group are kicking off phase three of their ChargeForward program. This new phase will expand the program to all BMW EV drivers in Northern and Central California who are PG&E residential, electric customers. Designed for a

PG&E and BMW Group Taking Next Step in Powering Electric Vehicles with Renewable Energy and Supporting Grid Reliability

SAN FRANCISCO--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) announced it will contribute $1.25 million in 2021 to nonprofit organizations assisting vulnerable individuals, families and communities, as well as small businesses, as they cope with the ongoing impacts of the COVID-19 pandemic. Contributions will support nonprofits focused on food insecurity, support for minority- and women-owned small businesses, general community relief, utility bill assistance, and youth pr

PG&E to Contribute $1.25 Million to Nonprofits Supporting COVID-19 Response

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced the appointment of Barry J. “Joe” Bentley as Senior Vice President, Electric Engineering effective March 22, 2021. Mr. Bentley will be responsible for leading the engineering and strategy functions related to PG&E's electric system, which includes approximately 100,000 miles of transmission and distribution lines across Northern and Central California. He will report to the yet-to-be-named Executive

PG&E Further Strengthens Leadership Team, Appoints Joe Bentley as Senior Vice President, Electric Engineering

SAN FRANCISCO--(BUSINESS WIRE)--With utility scams on the rise during the current pandemic, it is more important than ever for customers to be vigilant and to know what steps to take to prevent themselves or their families from falling victim. Throughout the COVID-19 pandemic, scammers have gotten deceptively creative with increased calls, texts, emails, and in-person tactics and are contacting electric and gas customers asking for immediate payment to avoid service disconnection. These imposto

With Billing and Payment Scams on the Rise During the Pandemic, PG&E Reminds Customers What They Can Do to Protect Themselves

SAN FRANCISCO & SAN DIEGO & ROSEMEAD, Calif.--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E), San Diego Gas & Electric Company (SDG&E) and Southern California Edison (SCE) together proposed to modernize California's 25-year-old rooftop solar program to support customer equity and help continue California's success toward a clean energy future. Submitted today to the California Public Utilities Commission, the joint proposal lays out a new approach for compensating f

Proposal to Modernize Rooftop Solar Program Would Support Customer Equity and Help Sustain California's Clean Energy Progress

Amazon

Micron Technology

T-Mobile US

At the end of February, the 20th annual Institutional Investor's Rich List revealed that hedge fund giants Steven Cohen (Trades, Portfolio), head of Point72 Asset Management, and Appaloosa Management's David Tepper (Trades, Portfolio) were among the biggest earners in 2020. The gurus tied for sixth place last year.

5 Stocks Top Earners Steven Cohen and David Tepper Have in Common

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) exceeded California's Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E delivered to its customers last year came from greenhouse gas (GHG)-free reso

PG&E Surpasses California's 2020 Renewable Energy Goal; Electricity Delivered to Customers is More than 88% Greenhouse Gas-Free and Among the Cleanest in the Nation

Extreme weather events are proving to be too much for some utilities to handle.

With More Utilities Going Bankrupt in Texas, Are Utility Stocks Really Safe?

SAN FRANCISCO--(BUSINESS WIRE)--After an unusually dry February across much of Northern and Central California, there's finally some potential for rain in the weather forecast. Pacific Gas and Electric Company (PG&E) meteorologists say a series of weather systems will impact its service area starting this afternoon and continuing through Wednesday, when the weather is expected to peak. PG&E meteorologists anticipate inclement weather, with valley rain showers, low-altitude snow and the

PG&E to Customers: Have a Plan for Upcoming Weather Systems

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) is kicking off California Arbor Week (March 7-14) by unveiling its new comprehensive web resource for its customers and communities that includes rules, tips and guides for planting trees safely near electric and gas lines. The Right Tree, Right Place web resource can be found at pge.com/righttreerightplace and includes free downloadable brochures on how to plant with fire safety in mind and creating defensible space. “

Just in Time for California Arbor Week, PG&E Offers New Safety Resource to Help Customers Plant the Right Tree in the Right Place

SAN FRANCISCO--(BUSINESS WIRE)--Yesterday, Pacific Gas and Electric Company (PG&E) informed the California Public Utilities Commission (CPUC) about an error that it is actively working to correct on an expedited basis, related to its System Inspection Program that is part of its Community Wildfire Safety Program. PG&E's System Inspection Program examines its electric distribution, transmission and substation equipment across its service area in Northern and Central California to find an

PG&E Self-Reports Small Number of Missed Inspections to CPUC; Takes Immediate Corrective Actions to Ensure Safe Operations

SAN FRANCISCO--(BUSINESS WIRE)--The ongoing pandemic has us all spending more time at home, and according to our customer data, the ongoing pandemic could be adding as much as 10 percent to residential home energy usage. To help customers reduce energy usage during the pandemic, Pacific Gas and Electric Company (PG&E) has launched a new webpage focusing on energy-saving tips and recommendations for the three primary areas that drive higher energy use: electronics, heating and cooling, and l

New PG&E Webpage Offers Energy-Saving Tips for Customers Who Are Using More Power at Home Due to the Pandemic

Zoom Video

Etsy

Teva Pharmaceutical

South Korea's National Pension Service started investments in PG&E and Etsy, bought more Zoom stock, and sold most of its Teva position in the fourth quarter.

A Giant Pension Bought Up PG&E, Zoom, and a Stock Elon Musk Loves

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today issued the following statement in response to a draft resolution released by the California Public Utilities Commission (CPUC): Today, the CPUC issued a draft resolution proposing to place PG&E into step one of the Enhanced Oversight and Enforcement program established last year in its approval of our Chapter 11 Plan of Reorganization. The CPUC cited shortcomings in our 2020 Enhanced Vegetation Management, whi

PG&E Responds to California Public Utilities Commission's Draft Resolution to Implement Enhanced Regulatory Oversight

PG&E Corporation (PCG) CEO Patti Poppe on Q4 2020 Results - Earnings Call Transcript

PG&E Corporation's (PCG) operating expenses decline 38.6% year over year in the fourth quarter, owing to lower wildfire-related claims, net of insurance recoveries.

PG&E Corporation (PCG) Q4 Earnings Miss, Revenues Up Y/Y

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) recorded full-year losses of $1.3 billion, or $1.05 per share and fourth-quarter 2020 income available for common shareholders of $200 million, or $0.09 per share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with losses attributable to common shareholders of $7.7 billion, or $14.50 per share, for the full year of 2019 and $3.6 billion, or $6.84 per share, for the fourth quarter of

PG&E Corporation Reports Full-Year and Fourth-Quarter 2020 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced the appointment of Marlene Santos as Executive Vice President and Chief Customer Officer effective March 15, 2021. Ms. Santos will be responsible for a broad range of services and teams that support the more than 16 million people that PG&E serves in Northern and Central California. This includes PG&E's customer contact centers; programs supporting energy efficiency, electric vehicles, rooftop so

PG&E Continues to Bolster Senior Leadership Team, Appoints Marlene Santos as Executive Vice President and Chief Customer Officer

Tesla

While best known for its vehicles, Tesla Inc (NASDAQ: TSLA) is an energy production and storage company. Tesla offers solar panels for energy production, and batteries for storage ranging in size from home backup to full grid support such as the Hornsdale, Australia Power Reserve.

Tesla, PG&E's Giant Battery Pack Project In California Is Almost Finished: Video

Pacific Gas & Electric's (DTE) Q4 earnings are expected to have been hurt by strong snowstorm activities.

PG&E Corp. (PCG) to Report Q4 Earnings: What's in the Cards?

The structures can add hundreds of miles to vehicle range with only a 30-minute charge, the utility says.

PG&E Rolls Out Electric Vehicle Fast Charge Stations

SAN FRANCISCO--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) announced that the first public, electric vehicle (EV) fast chargers installed through its EV Fast Charge program are now open at the 7-Eleven® store in West Sacramento at 4010 Lake Road. Drivers can charge their vehicles at the four new advanced 125kW-capable EV fast chargers. This 7-Eleven store operates 24 hours a day and supports the fueling needs of both EVs and conventional cars, both options owned and oper

PG&E Launches EV Fast Charge Program to Help Accelerate Electric Vehicle Adoption in California

Occidental Petroleum

AT&T

Energy Select Sector SPDR Fund

David Tepper (Trades, Portfolio), founder of Appaloosa Management, disclosed this week that his firm's top six trades during the fourth quarter of 2020 included position reductions in PG&E Corp. (NYSE:PCG) and Micron Technology Inc. (NASDAQ:MU), the closure of its AT&T Inc. (NYSE:T) holding, new holdings in Occidental Petroleum Corp. (NYSE:OXY) and the Energy Select Sector SPDR Fund (XLE) and a position boost in Amazon.com Inc. (NASDAQ:AMZN).

News for PG&E Stock (PCG)