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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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)--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

Amazon

Micron Technology

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).

David Tepper's Top 6 Trades of the 4th Quarter

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced the appointment of Joseph Forline as Senior Vice President, Gas Operations, effective March 8, 2021. Mr. Forline will report to Adam Wright, Executive Vice President, Operations and Chief Operating Officer, and will be responsible for the utility's gas transmission and distribution operations with a focus on safety, compliance, customer service and operational efficiency. “I am thrilled to welcome Joe to

PG&E Appoints Industry Expert Joseph Forline to Lead Gas Operations

SAN FRANCISCO--(BUSINESS WIRE)--In response to the ongoing economic challenges caused by the COVID-19 pandemic, Pacific Gas and Electric Company (PG&E) said today it will extend the existing COVID-19 customer protections through June 30, 2021. The protections were set to expire on April 16. This comes after a vote by the California Public Utilities Commission (CPUC) earlier today. “For nearly a year now, we have supported our customers through unimaginable health and economic circumstances.

PG&E Extends Its Ongoing Support to Customers Affected by the COVID-19 Pandemic Through End of June

After a massive bankruptcy sell-off and dramatic recovery in 2020, California utility PG&E Corporation (NYSE: PCG) is off to a lackluster start to 2021. However, one analyst says PG&E shares have more upside ahead once investor confidence returns.

Analyst Bullish On PG&E Following Wildfire Mitigation Plan

SAN FRANCISCO--(BUSINESS WIRE)--Valentine's Day is only a few days away and couples across California are busy making elaborate romantic plans that entail . . . staying at home. But if those COVID-19-friendly, stay-at-home plans involve metallic balloons, Pacific Gas and Electric Company (PG&E) is reminding all of its customers to celebrate responsibly. If balloons—particularly metallic ones—come into contact with overhead power lines, they can disrupt electric service, cause significant pr

PG&E to Lovebirds: Make Sure the Only Sparks You Generate Are with Your Valentine, and Not from Metallic Balloons in Power Lines

SAN FRANCISCO--(BUSINESS WIRE)--In a proposal filed today with the California Public Utilities Commission (CPUC), Pacific Gas and Electric Company (PG&E or the Utility) detailed its ongoing strategy to reduce wildfire risk, increase situational awareness, and deploy new technology and models to help keep customers and communities safe. Improvements to its 2021 Public Safety Power Shutoff (PSPS) program were also proposed. PG&E's 2021 Wildfire Mitigation Plan (WMP) enhances the company's

PG&E to Deploy New Risk Modeling and Fire Spread Technology to Further Reduce Wildfire Risk

SAN FRANCISCO--(BUSINESS WIRE)--A comfortable indoor space is more important than ever with most customers staying home due to the COVID-19 pandemic. Longer nights, colder days and more time at home could lead to using more natural gas and increased energy costs. Pacific Gas and Electric Company (PG&E) offers ways for customers to save energy, money and stay safe during the cold winter months. “Customers are spending more time at home than ever before as a result of the ongoing nature of th

PG&E Offers Ways to Dial up Savings and Safety this Winter

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) today announced that its subsidiary Pacific Gas and Electric Company has appointed Adam Wright as Executive Vice President of Operations and Chief Operating Officer and Julius Cox as Executive Vice President of People and Shared Services, effective February 1, 2021. Both Mr. Wright and Mr. Cox will report to PG&E Corporation Chief Executive Officer Patti Poppe, who began her tenure at PG&E on January 4. “I am thrilled to w

PG&E Bolsters Senior Leadership Team With Proven Industry Leaders

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews have restored nearly all customers who lost electricity following a powerful windstorm that raked the company's service area Monday through Wednesday. By mid-day Friday, approximately 98 percent of the nearly 400,000 customers who lost power during the windstorm had had their power restored. This includes the customers affected by a small, targeted Public Safety Power Shutoff in the southern part of PG&E's ser

PG&E Restores Nearly All Customers Following Historic Windstorm, Prepares for Winter Snow and Rain Next Week

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews continue to patrol and inspect powerlines, and make any necessary repairs, after a strong windstorm interrupted electric service for more than 371,000 customers across Central and Northern California this week. As of early Thursday morning, more than 93 percent of customers who lost power due to the extremely high winds have been restored. Approximately 23,000 customers remain out of service with approximately 11,

PG&E Continues to Make Progress as Hundreds of Thousands of Customers Have Been Restored after Severe Windstorm and PSPS Event

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews have begun the process of making repairs and restoring electric service after a powerful windstorm blew through Northern and Central California Tuesday, causing wind hazards and related outages. Weather stations within PG&E's service area recorded wind gusts that neared 100 mph. At the Hell Hole weather station in Placer County, for instance, a 98-mph gust was recorded. In Sonoma County, maximum gusts of 97 an

PG&E Crews Out in Force Making Repairs After Offshore Windstorm Sweeps Through State, Causing Wind Hazards and Related Outages

Palantir Technologies

The data analytics company just racked up another big customer in a new market.

Palantir Partners with PG&E to Improve California's Electrical Grid

Shares of Palantir jumped over 6% Tuesday morning after it was announced the Denver-based company will partner with utility PG&E to enhance the safety and reliability of California's electric grid. PG&E will use Palantir's Foundry software to help streamline its data management. Foundry provides a single, integrated platform that will allow PG&E decision-makers to navigate a real-time, operational picture of the power grid.

Palantir shares rise on deal with PG&E to enhance safety and reliability of California's electric grid (PLTR, PCG)

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) continues to monitor a powerful, offshore weather event with the potential to cause wind hazards and related outages throughout the company's service area. The company's Emergency Operations Center has been open since Saturday to manage PG&E response to wind damage and a targeted Public Safety Power Shutoff in the driest portions of the service area. Potential PSPS in Central California In locations still enduring e

As Offshore Windstorm Sweeps Through State, PG&E Manages Related Outages Throughout Service Area and Prepares to Execute a Targeted Public Safety Power Shutoff Later Tonight in Small Portions of Driest Locations

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) continues to monitor and prepare for a powerful, offshore weather event expected to bring the risk of potential widespread wind-driven damage and related outages throughout the company's service area. PG&E's Emergency Operations Center (EOC) is open and the company's meteorologists are monitoring conditions. In locations still enduring extremely dry winter conditions, PG&E has notified a targeted number of custo

As Major Offshore Windstorm Approaches, PG&E Prepares for Potential Widespread, Wind-Driven Outages Throughout Its Service Area and Potential for Targeted Public Safety Power Shutoffs in Small Portions of the Driest Locations

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has notified a targeted number of customers in small portions of Calaveras, Fresno, Kern, Madera, Mariposa, San Luis Obispo, Santa Barbara, Tulare and Tuolumne counties about a potential Public Safety Power Shutoff (PSPS) Monday night. Dry conditions combined with high wind gusts pose an increased risk for damage to the electric system that could ignite fires in areas with dry vegetation. PG&E Emergency Operations C

Potential for Small, Targeted PSPS Event in Nine Counties: Forecasted Strong, Offshore Winds and Dry Conditions Mean PG&E May Need to Proactively Turn Off Power for Safety to Approximately 21,000 Customers Monday Night

Adaptive Biotechnologies

AerCap Hlds

Alibaba

Disney

Trinity Industries

During GuruFocus' annual model portfolio rebalance for 2021, the new stocks added to the Most Weighted Model Portfolio were Adaptive Biotechnologies Corp. (NASDAQ:ADPT), AerCap Holdings NV (NYSE:AER), Alibaba Group Holding Ltd. (NYSE:BABA), The Walt Disney Co. (NYSE:DIS), PG&E Corp. (NYSE:PCG) and Trinity Industries Inc. (NYSE:TRN).

6 Stocks Added to Most Weighted Portfolio in 2021

SAN FRANCISCO--(BUSINESS WIRE)--The PG&E Corporation Foundation (Foundation) today announced the four 2020 recipients of the Better Together Resilient Communities grants, a program funded by the Foundation to support local initiatives to build greater climate resilience in Northern and Central California. The program awarded $100,000 each to Sustainable Solano, Greenbelt Alliance, the Wiyot Tribe, and The Nature Conservancy. All of the projects are designed to reduce flood risk and support

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

Between 1993 and 2014, David Tepper (Trades, Portfolio)'s Appaloosa Management was one of the most successful funds in America, with an average annual return of 26.70%, according to the Gurufocus Scoreboard. In 2019, he converted his fund to a family office, but he remains an active investor.

News for PG&E Stock (PCG)