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.

Last Year, PG&E Customers Received More than $75 Million in Energy Bill Assistance from LIHEAP OAKLAND, Calif. , Feb. 16, 2023 /PRNewswire/ -- As Low Income Home Energy Assistance Program (LIHEAP) Action Day in Washington, D.C.

PG&E Urges Customers to See if They Qualify for Federal Program on LIHEAP Action Day

Participating Customers Rewarded for Reducing Energy Use and Strain on the Grid Last Summer OAKLAND, Calif. , Feb. 15, 2023 /PRNewswire/ -- At a time when higher natural gas prices are driving up energy costs, the new Power Saver Rewards Program is providing over $55 million in bill credits to participating Pacific Gas and Electric Company (PG&E) customers.

PG&E Customers to Receive Over $55 Million in Bill Credits Through New Incentive Program

OAKLAND, Calif. , Feb. 13, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is partnering with the Angel Island-Tiburon Ferry Company (Angel Island Ferry) to support the electrification of The Angel Island vessel, which plans to operate as California's first zero-emission, electric propulsion short-route ferry beginning in 2024.

PG&E and Angel Island Ferry Partner to Launch California's First Zero-Emission, Electric Short-Run Ferry

OAKLAND, Calif. , Feb. 10, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) and its subsidiary Pacific Gas and Electric Company ("Utility" and together "PG&E") today announced that Sumeet Singh, an operational leader with more than 20 years' experience at PG&E, will assume the role of Executive Vice President, Operations and Chief Operating Officer for the Utility, effective March 1.

Sumeet Singh Elected as New Chief Operating Officer at PG&E

Roses are Red, Chocolate is Sweet. Don't Let Wayward Balloons Cause an Outage on Your Street OAKLAND, Calif.

PG&E To Customers: On Valentine's Day, Let Hearts Soar, Not Metallic Balloons

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OAKLAND, Calif. , Feb. 9, 2023 /PRNewswire/ -- With winter in full swing, customers may be using more energy to heat their homes as temperatures drop.

Online Tools and Assistance Programs Can Help Customers Struggling with High Bills Due to the Cost of Natural Gas

CPUC Approves Distributing Bill Credit to Combat Climate Change Earlier this Year OAKLAND, Calif. , Feb. 2, 2023 /PRNewswire/ -- Residential customers will automatically receive the California Climate Credit earlier than usual this year.

California Climate Credit Totaling Up to $91.17 to Help Customers with High Winter Bills

REDDING, Calif. — Pacific Gas & Electric will face trial for manslaughter over its role in a 2020 wildfire in Northern California that killed four people, a judge ruled Wednesday.

PG&E to face manslaughter trial over deadly 2020 California wildfire

More Than $78 Million Available Through the Pre-Owned EV Rebate Program to Make EV Ownership More Affordable for All Customers    OAKLAND, Calif. , Feb. 1, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced the launch of its Pre-Owned Electric Vehicle (EV) Rebate Program, providing qualified residential customers up to $4,000 when purchasing or leasing a pre-owned EV.

Buying or Leasing a Pre-Owned Electric Vehicle? PG&E Electric Customers Can Apply for New Rebate of Up to $4,000

OAKLAND, Calif. , Jan. 31, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) customers are seeing much higher energy bills this winter.

PG&E Working to Support Customers from the Impacts of Increased Energy Costs Due to Higher Cost of Gas and Colder Temperatures

OAKLAND, Calif. , Jan. 18, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, February 23, 2023, at 11:00 a.m.

PG&E Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

PG&E Has Restored Power to More Than 2 Million Customers Since the Start of This Weather Event on Dec. 30 OAKLAND, Calif. , Jan. 10, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) continues its historic storm response effort, battling weather conditions and widespread damage to restore power to customers in Northern and Central California.

As Wave of Storms Continues, PG&E Crews Work Through Severe Weather to Restore Power to Northern and Central California

More Than 5,000 Dedicated Personnel, Including Contract and Mutual-Aid Crews, Working to Restore Power OAKLAND, Calif. , Jan. 9, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) continues responding to the intense series of winter storms impacting Northern and Central California and has mobilized its largest storm response effort in company history.

PG&E Continues Response to Intense Series of Winter Storms Impacting Northern and Central California Through Tuesday

OAKLAND, Calif. , Jan. 5, 2023 /PRNewswire/ -- With a historic series of winter storms damaging electric equipment and causing power outages, Pacific Gas and Electric Company (PG&E) crews are mobilized throughout Northern and Central California assessing the damage and making repairs to restore power.

PG&E Crews Out in Full Force Restoring Power Amid Historic Storm Conditions Across Northern and Central California

Energy Vault Holdings

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif. & SAN FRANCISCO--( BUSINESS WIRE )--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, and Pacific Gas and Electric Company (PG&E), a subsidiary of PG&E Corporation (NYSE: PCG), today announced the companies are partnering to deploy and operate a utility-scale battery plus green hydrogen long-duration energy storage system (BH-ESS) with a minimum of 293 megawatt-hours (MWh) of dispatchable carbon-free energy.

PG&E Teams With Energy Vault to Build and Operate the Largest Green Hydrogen Long-Duration Energy Storage System in the U.S.

More than 3,000 PG&E, Contract and Mutual-Aid Personnel Are Responding After Significant New Year's Eve Storm and Readying for New, Approaching Storm System OAKLAND, Calif. , Jan. 3, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is mobilizing personnel ahead of a significant wet and windy winter storm due to arrive across Northern and Central California Wednesday and into Thursday.

PG&E MOBILIZES FOR POWERFUL WINTER STORM ARRIVING IN NORTHERN AND CENTRAL CALIFORNIA WEDNESDAY

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Utility stocks are known to be stable investments for plenty of reasons. The demand for utility services remains more or less the same even during a recession.

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As PG&E Prepares for Adverse Weather, Customers Urged to Plan for Potential Outages OAKLAND, Calif. , Dec. 30, 2022 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) meteorologists are forecasting a potent storm system impacting Northern and Central California over the weekend, which will include heavy rains and gusty winds.

PG&E Ready to Respond to New Year's Weather System Impacting Northern and Central California

Semi-annual Payments are 9% Higher Than Prior Year OAKLAND, Calif. , Dec. 28, 2022 /PRNewswire/ -- During the second half of 2022, Pacific Gas and Electric Company (PG&E) paid property taxes of over $339 million to the 50 counties where it owns properties that support gas and electric service to 16 million Californians.

PG&E Pays Over $339 Million in Property Taxes to 50 California Counties

Utilities stocks are back on the relative climb against the S&P 500 as volatility continues. PG&E has been one of the major winners since the summer as the firm tries to look forward after past wildfire claim risks.

PG&E: Shares Continue To Rally, The Valuation Case Remains

Residential Storage Initiative Expected to Expand to Several Hundred More Residential Customers in 2023 OAKLAND, Calif. , Dec. 20, 2022 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) and Enphase Energy are launching a home battery energy storage program to support vulnerable, low-income customers during power outages.

Enhancing Reliability and Safety: PG&E and Enphase Energy Partner to Provide Home Battery Systems for 100 Vulnerable, Low-Income Customers

Application Deadline is Feb. 24, 2023 OAKLAND, Calif. , Dec. 19, 2022 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that scholarship applications are now being accepted for college-bound high schoolers as well as current college and continuing education students with a primary residence in Northern and Central California.

More Than $200,000 in College Scholarships Now Available from PG&E for More Than 150 Students in Northern and Central California

OAKLAND, Calif.--( BUSINESS WIRE )--Building upon a long history of climate action and environmental stewardship, Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (Foundation) have awarded $900,000 across two grant programs intended to support climate resilience efforts in PG&E's hometowns, while also protecting and restoring land, water, and air in habitats and communities across California.

12 Local Organizations Selected for $900,000 in Grants to Fund Environmental Stewardship and Climate Resilience Projects

OAKLAND, Calif.--( BUSINESS WIRE )--This holiday season, Pacific Gas and Electric Company (PG&E) customers can get into the giving spirit by making a tax-deductible donation to the Relief for Energy Assistance through Community Help (REACH) program. The REACH program provides financial assistance of up to $300 for customers struggling to pay past due energy bills.

News for PG&E Stock (PCG)