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)--Every day, electric and natural gas customers throughout the country are being targeted by utility scams. These imposters typically target customers online, in-person and by telephone. And, this year is even worse due to the ongoing financial impacts of the COVID-19 pandemic. PG&E is taking a stand against scammers by joining its fellow electric, natural gas, water utilities and Utilities United Against Scams (UUAS) in helping customers recognize potential ba

During Utility Scam Awareness Week and the Ongoing Impacts of the COVID-19 Pandemic, PG&E Urges Customers to Protect Themselves Against Scammers

SAN FRANCISCO--(BUSINESS WIRE)--On the heels of National STEM/STEAM Day, Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (The Foundation) announced today that 150 STEM scholarships totaling $500,000 are being awarded to deserving students. Recipients include a diverse group of college-bound high schoolers, and current college and continuing education students in Northern and Central California. Scholarships are funded through PG&E's Employee Resource Grou

PG&E and The PG&E Corporation Foundation Announce the Awarding of STEM Scholarships for 2020

Canadian Solar

Clearway Energy

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3 More Renewable Energy Stocks to Buy in November

SAN FRANCISCO--(BUSINESS WIRE)--Fall's first real cold front is forecast this week for Northern California and it's expected to cause temperatures to drop by 15 to 20 degrees and perhaps bring showers and snow to some locations by Friday, so Pacific Gas and Electric Company (PG&E) is urging customers to be cautious when heating their homes. Electric heating devices, such as space heaters, are a fire hazard when not properly used or monitored. Fuel-burning appliances, such as gas furnaces, s

PG&E Urges Customers to Safely Heat Homes as First Cold Front of the Season Sweeps Across Northern California

SAN FRANCISCO--(BUSINESS WIRE)--As part of an ongoing commitment to supporting residents displaced and impacted by wildfires during this historic California wildfire season, Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (The Foundation) will contribute $250,000 to tribal communities and organizations assisting residents affected by recent wildfires. These charitable contributions are part of an overall pledge of $1 million for wildfire relief and recovery e

PG&E and The PG&E Corporation Foundation to Contribute an Additional $250,000 in Wildfire Relief

The company stands accused of not properly informing Californians of the outages.

Public Advocate Requests PG&E Be Fined $166 Million Over 2019 Power Cuts

PG&E Corporation (PCG) CEO Bill Smith on Q3 2020 Results - Earnings Call Transcript

PG&E Corporation's (PCG) operating expenses decline 33.4% year over year in the third quarter due to lower wildfire-related claims.

PG&E Corporation's (PCG) Q3 Earnings Miss, Revenues Up Y/Y

PG&E (PCG) delivered earnings and revenue surprises of -12.00% and 1.46%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

PG&E (PCG) Lags Q3 Earnings Estimates

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) recorded third-quarter 2020 income available for common shareholders of $83 million, or $0.04 per share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with losses attributable to common shareholders of $1.6 billion, or $3.06 per share, for the third quarter of 2019. GAAP results include non-core items that management does not consider representative of ongoing earnings, which totaled

PG&E Corporation Reports Third-Quarter 2020 Financial Results, and 2020 and 2021 GAAP and Non-GAAP Core Earnings and EPS Guidance

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has restored power to essentially all customers who can receive service that were impacted by the Public Safety Power Shutoff (PSPS) event that began Sunday morning, Oct. 25. The PSPS event affected approximately 345,000 customers in targeted portions of 34 counties: Alameda, Alpine, Amador, Butte, Calaveras, Colusa, Contra Costa, El Dorado, Fresno, Glenn, Humboldt, Lake, Madera, Marin, Mariposa, Mendocino, Napa, Nevada

PG&E PSPS Update: Essentially All Customers Who Can Receive Electric Service are Now Restored

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) continues to partner with the Environmental Protection Agency (EPA) and others to promote the benefits of energy efficiency. Celebrated earlier this week, ENERGYSTAR Day recognizes the benefits of saving energy and money as well as protecting the environment during National Energy Awareness Month. Started in 1992 as part of the federal Clean Air Act, ENERGY STAR is a federal voluntary program run by the EPA to help cons

PG&E Promotes ENERGY STAR Products to Help Customers Lower Energy Bills

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has notified customers in targeted portions of 19 counties and two tribal communities about a potential Public Safety Power Shutoff (PSPS) as early as Wednesday evening. Hot and dry conditions combined with expected high wind gusts pose an increased risk for damage to the electric system that has the potential to ignite fires in areas with dry vegetation. High fire-risk conditions are expected to arrive Wednesday evenin

Potential Midweek PSPS Event: Forecasted High Winds and Dry Conditions Mean PG&E May Need to Proactively Turn Off Power for Safety in Targeted Portions of 19 Counties and Two Tribal Communities on Wednesday

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has notified customers in targeted portions of 21 counties about a potential Public Safety Power Shutoff (PSPS) as early as Wednesday afternoon. Hot and dry conditions combined with expected high wind gusts pose an increased risk for damage to the electric system that has the potential to ignite fires in areas with dry vegetation. High fire-risk conditions are expected to arrive Wednesday evening. High winds are current

Potential Midweek PSPS Event: Forecasted High Winds and Dry Conditions Mean PG&E May Need to Proactively Turn Off Power for Safety in Targeted Portions of 21 Counties on Wednesday

PG&E Corporation (NYSE: PCG) shares dropped 5.5% on Monday morning after California investigators seized PG&E equipment during an investigation of a deadly California wildfire. While the stock may face headline risk in the near-term, one analyst says PG&E’s financial liability is likely minimal.

Analyst Assesses PG&E's Zogg Fire Liability Risk

Pacific Gas & Electric Co., a subsidiary of PG&E Corp. (NYSE: PCG), has filed an incident report with the California Public Utilities Commission related to the Zogg Fire in northern California’s Shasta County.

State Confiscates PG&E Equipment in Fire Investigation

SAN FRANCISCO, Oct. 8, 2020 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on October 29, 2020, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its third quarter 2020 results. The public can access the conference call through a simultaneous webcast....

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

SANTA ROSA, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) reminds customers in Sonoma and Napa Counties who can return home after evacuating during the Glass Fire to take steps to protect their family, neighbor, home or business. Residents should always follow directions from local authorities and first responders on when and how to return and PG&E wants its customers to be aware of possible electric and gas hazards inside the home. “We have many crews working on remo

PG&E Shares Electric and Gas Safety Reminders for Evacuated Customers Coming Home

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) is promoting ways to save energy and use it more efficiently in recognition of National Energy Efficiency Day (EE Day) today October 7, 2020. The annual national event that began in 2016 urges customers to save energy, cut pollution, and create jobs. Energy efficiency is the most affordable and fastest way to meet energy needs, cut utility bills, and reduce pollution. “For more than four decades, PG&E has partnered

PG&E Celebrates National Energy Efficiency Day

Tesla

Back in July, PG&E Corporation (NYSE: PCG) announced it was working with Tesla Inc (NASDAQ: TSLA) on the installation of a massive 182.5MW, 730MWh battery storage facility. Now, a tweet from PG&E says the first megapacks have been installed, and the company hopes to have the giant battery operational in the first half of 2021.

PG&E Installs Its First Tesla Megapacks

SAN FRANCISCO--(BUSINESS WIRE)--A rapidly growing network of weather stations and high definition cameras across High-Fire Threat Districts provide Pacific Gas and Electric Company (PG&E) meteorologists and analysts, weather-watchers and first responders with detailed, real-time information that’s crucial during California’s wildfire season. So far in 2020, PG&E has added 300 weather stations and 137 fire watch cameras this year as it approaches the goal of installing 400 weather statio

PG&E Installs More Than 300 Weather Stations and 130 Fire Watch Cameras So Far in 2020; More Planned Before End of Year

Portable Electric to provide VOLTstack e-Generators to food banks, school cafeterias and customers with higher energy needs by the end of the year. VANCOUVER, BC, Oct. 6, 2020 /PRNewswire/ - Portable Electric Ltd. (Portable Electric), a technology company and global leader in portable...

PG&E partners with Portable Electric to provide cleantech solutions to communities affected by the 2020 wildfire season

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) and other community partners share wildfire recovery support and resource information for customers returning home or rebuilding after recent wildfires. PG&E understands this is a difficult time for communities throughout Northern and Central California. “Our thoughts continue to be with the communities impacted by the recent wildfires. We are working with affected customers to help assist them through the recovery

PG&E Shares Resources to Help Customers Rebuild and Recover after Wildfires

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company has begun patrols to inspect lines de-energized by the Public Safety Power Shutoff (PSPS) that started Sunday morning, Sept. 27, which affected about 65,000 customers in 16 counties. This follows the end of a severe weather pattern that included strong, dry winds coupled with elevated temperatures in portions of the Northern and Central Sierra region. Wind in de-energized areas due to PSPS were observed to include: Weather Station

PG&E Issues Weather ‘All Clear’ in Most Locations for Public Safety Power Shutoff Event

SAN FRANCISCO--(BUSINESS WIRE)--The magnitude of California’s 2020 wildfire season is hard to comprehend. To date, CAL FIRE reports that more than 7,600 fires have scorched approximately 3.2 million acres this year in the Golden State – an area almost the size of Connecticut.

News for PG&E Stock (PCG)