MARKET COMPOSITE
PCG - PG&E Corp.2:15:02 PM 4/23/2024
Price
$17.02
+ 0.07 (0.38%)
The Pacific Gas and Electric Company is an American investor-owned utility with publicly-traded stock. The company is headquartered in the Pacific Gas & Electric Building, in San Francisco, California, United States. PG&E provides natural gas and electricity to most of the northern two-thirds of California, from Bakersfield and the north side of Santa Barbara County, to near the state line with Oregon and Nevada, which represents 5.2 million households. Overseen by the California Public Utilities Commission; PG&E is the leading subsidiary of the holding company PG&E Corporation, which has a market capitalization of $3.242 billion as of January 16, 2019. It was founded by George H. Roe after California's Gold Rush and by 1984 was the United States' "largest electric utility business". PG&E is one of six regulated, investor-owned utilities in California; the other five are PacifiCorp, Southern California Edison, San Diego Gas & Electric, Bear Valley Electric, and Liberty Utilities.
Financials
Quarterly financials
(USD)Dec 2022Q/Q
Revenue5.4B-0%
Operating Income130MM-82%
Operating Expenses5.2B-
Net Income517MM+13%
Interest Expense562MM+7%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Pacific Gas and Electric Company (PG&E) retail customers received 100% greenhouse gas-free electricity in 2023, making the company's portfolio of electricity sources one of the world's cleanest.

    A crackdown on how some of the nation's largest utilities spend customers' money faces a do-or-die vote Monday in the California Legislature. Californians already pay some of the highest electricity rates in the country, in part because of the expensive work required to maintain and upgrade electrical equipment to reduce the risk of wildfires in a state with long, dry summers. As rates continue to climb, utilities like Pacific Gas & Electric, Southern California Edison and San Diego Gas & Elec...

    PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million — all benefitting nearly 5,000 nonprofits and schools. Charitable contributions are funded by shareholders, not PG&E customers.

    In a joint effort to deliver more clean energy at a lower cost to customers, the California Energy Commission (CEC), California Public Utilities Commission (CPUC), California Independent System Operator (CAISO), Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE), and the University of California, Berkeley Energy Institute at Haas submitted a grant application for $2 billion to the U.S. Department of Energy's (DOE) Grid Resilience and Innovation Partnerships (GRIP) Program

    (Bloomberg) -- California energy agencies along with utility-owners PG&E Corp. and Edison International are applying for a $2 billion federal grant to improve the ability of the most-populous US state to hook up and deliver clean energy. Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With L

    PG&E (PCG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    (Bloomberg) -- When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger at its dilapidated equipment — and this was making the company’s investors very nervous.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will La

    To help support more customers facing past-due energy bills, Pacific Gas and Electric Company (PG&E) is expanding the eligibility requirements and benefits offered by the Relief for Energy Assistance through Community Help (REACH) program. The REACH program helps qualifying customers pay their past-due energy bill to prevent service disconnections.

    Let's talk about the popular PG&E Corporation ( NYSE:PCG ). The company's shares received a lot of attention from a...

    The PG&E Corporation Foundation (PG&E Foundation) and Pacific Gas and Electric Company (PG&E) are now accepting applications for their Better Together Nature Positive Innovation and Resilience Hubs grant programs totaling $900,000 this year for projects and initiatives dedicated to environmental stewardship and climate resilience.