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 completed the rotating power outages it conducted today at the direction of the California Independent System Operator (CAISO), a measure employed to relieve strain on the power grid during the statewide heatwave. Power has been restored to essentially all of the approximately 220,000 impacted customers, and PG&E crews are working safely to restore the remaining customers.

PG&E Completes Rotating Power Outages Conducted at Direction of State Grid Operator

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) urges customers to conserve electricity in response to a statewide Flex Alert called for Friday Aug. 14 from 3 to 10 p.m.

PG&E Encourages Customers to Conserve Electricity as California Declares a Flex Alert on Friday

SAN FRANCISCO--(BUSINESS WIRE)--More than one million Californians have used resources at the Safety Action Center, a website created by Pacific Gas and Electric Company (PG&E) filled with safety tips and emergency preparation guides. Officially launched in August 2019, www.safetyactioncenter.pge.com houses safety information customers can use to prepare their homes and families for earthquakes, floods, wildfires, power outages or other natural disasters and emergencies.

PG&E’s Safety Action Center Reaches One Million Californians at Anniversary of Launch

SAN FRANCISCO--(BUSINESS WIRE)--Mile-by-mile, Pacific Gas and Electric Company (PG&E) is transforming its electric system in high fire-threat areas to make it more resilient and resistant to wildfires. Known as system hardening, this work will benefit customers directly in terms of improved reliability and increased safety.

The Hard Work of Hardening: PG&E Makes the Grid More Resilient and Resistant to Wildfire Risk in High Fire-Threat Areas

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) is continuing its important safety work to prevent wildfires while adapting to the worldwide COVID-19 pandemic. To keep customers informed, PG&E is hosting safety webinars on its Community Wildfire Safety Program and the steps the company is taking to reduce the impact of Public Safety Power Shutoff (PSPS) events on customers and communities.

PG&E Hosting Added Wildfire Safety Webinars This Wednesday and Next

SAN FRANCISCO--(BUSINESS WIRE)--Next Tuesday (8/11) is National Safe Digging Day, serving as a reminder to PG&E customers, contractors and anyone digging to call 811 a minimum of two business days prior to starting any digging project, no matter how large or small. Dialing 811 is a free service, and utility workers will mark the location of any underground lines, helping individuals to dig safely and avoid injuries and potential fatalities as well as repair costs and fines.

With National 811 Day Approaching, PG&E Reminds Anyone with a Shovel or Backhoe to Make One Call for Digging Projects Large or Small

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) is conducting a company-wide, full-scale emergency exercise to prepare for the upcoming wildfire season this week. During the five-day exercise, employees from across PG&E’s service territory simulate real-life events that could happen during a real Public Safety Power Shutoff (PSPS).

PG&E Conducts Drills for Public Safety Power Shutoff Response with Helicopters, Ground Crews

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced a new financial assistance pilot for residential customers installing home battery storage systems through the statewide Self-Generation Incentive Program (SGIP). Approved by the California Public Utilities Commission (CPUC) on July 16, 2020, the new pilot for the existing SGIP program allows eligible customers to install the technology at no cost to them.

PG&E Launches New Financial Assistance Pilot for Eligible Customers Installing Home Battery Storage Systems

PG&E Corporation (PCG) CEO Bill Smith on Q2 2020 Results - Earnings Call Transcript

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PG&E Corporation's (PCG) electric revenues increase 16.6% from the prior-year quarter's figure, while natural gas revenues improve 10.1% year over year in the second quarter.

PG&E Corporation (PCG) Q2 Earnings Beat, Revenues Up Y/Y

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) recorded second-quarter 2020 losses attributable to common shareholders of $1,972 million, or $3.73 per share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with losses attributable to common shareholders of $2,553 million, or $4.83 per share, for the second quarter of 2019.

PG&E Corporation Reports Second-Quarter 2020 Financial Results, Initiates 2020 and 2021 Earnings and EPS Guidance

America's newest mega-battery warehouse will be 22% bigger than Australia's.

PG&E Teams Up With Tesla to Build a Giant Battery Storage System for California

Tesla Inc. TSLA, +2.22% and PG&Electric Corp. PCG, +1.23% broke ground last week on a lithium-ion battery energy storage system at a PG&E electric substation in the central coast of California, the companies said in a statement that called the facility a "landmark.

Tesla, PG&E break ground on 'landmark' energy storage facility

SAN FRANCISCO--(BUSINESS WIRE)--On July 21, Pacific Gas and Electric Company (PG&E) and Tesla Inc. began construction of a 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in Monterey County.

PG&E, Tesla Break Ground on Landmark Battery Energy Storage System

SAN FRANCISCO--(BUSINESS WIRE)--The COVID-19 pandemic is causing customers to stay indoors more than normal during one of the hottest months of the year, which could drive up energy costs. Air conditioning units are working around the clock to keep indoor temperatures cool and comfortable across parts of Northern and Central California.

PG&E Offers Ways to Keep Air Conditioning Costs Down this Summer

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (together with Pacific Gas and Electric Company, “PG&E”) today announced that the underwriters of its previously announced underwritten public offering of equity units, which closed on July 1, 2020, have exercised in full their over-allotment option to purchase an additional 1,454,545 prepaid forward stock purchase contracts to create 1,454,545 equity units (the “additional equity units issuance”), for total net proceeds to PG&E Corpo

PG&E Corporation Provides Update on Equity Exit Financing Over-Allotment Outcome

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has joined forces with local Fire Safe Councils to enhance the safety and preparedness of local communities in connection with the 2020 wildfire season. PG&E is providing $2.3 million to fund local Fire Safe Council and 501(c)(3) organizations projects across 28 counties to reduce the threat of wildfires and help keep communities safe.

PG&E, Local Fire Safe Councils Empower Communities to Help Prevent, Prepare for Wildfires

SAN FRANCISCO, July 20, 2020 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on July 30, 2020, at 11:00 a.m. Eastern Time (8:00 a.m.

PG&E Corporation Schedules Second Quarter 2020 Earnings Release and Conference Call

The utility, which recently emerged from Chapter 11 after a restructuring, has now been deemed responsible for the 2019 Kincaid fire.

California Finds PG&E Responsible for a Second Wildfire

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 October 2019 Kincade Fire: We appreciate all the heroic efforts of the first responders who fought the 2019 Kincade Fire, helped local citizens evacuate and made sure no one perished in the fire. We are aware of CAL FIRE’s news release stating that PG&E

PG&E Responds to CAL FIRE’s Finding on 2019 Kincade Fire in Sonoma County

The Kincade wildfire in California's wine country last October that forced some 2,000 people to flee homes was caused by PG&E Corp's electrical transmission lines, the state's Department of Forestry and Fire Protection (Cal Fire) said on Thursday.

California blames PG&E for Kincade wildfire in wine country

SAN FRANCISCO--(BUSINESS WIRE)--As Pacific Gas and Electric Company (PG&E) crews and contractors perform essential work to maintain gas and electric service, improve the safety of the system, further mitigate wildfire risks, and reduce Public Safety Power Shutoff (PSPS) impacts, the company also is taking steps to keep communities informed about this vital work. From April through August, PG&E will host a series of county webinars to detail the progress of the numerous actions that are

Series of PG&E Webinars Keeps Customers and Communities Informed About Ongoing Safety Work to Prevent and Mitigate the Risk of Catastrophic Wildfires

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News for PG&E Stock (PCG)