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.

OAKLAND, Calif.--(BUSINESS WIRE)--With the new Power Saver Rewards Program being launched this month, Pacific Gas and Electric Company (PG&E) customers will be rewarded for saving energy during select hot days through October. The program is free, voluntary and 1.8 million customers are being enrolled this month. Others are encouraged to join. The purpose is simple: Saving energy on hot days reduces the strain on California's grid. “The Power Saver Rewards Program is truly a win-win as cust

Save Money, Save Energy and Help the Grid This Summer

SACRAMENTO, Calif.--(BUSINESS WIRE)--Third paragraph, first sentence has been updated to add start date for grant applications. The updated release reads: PG&E AND CALIFORNIA FIRE FOUNDATION JOIN FORCES TO BOLSTER WILDFIRE SAFETY AND PREPAREDNESS Applications Being Accepted for Fire Safety, Public Education Grants During California's Wildfire Preparedness Week May 1-7, 2022, Pacific Gas and Electric Company (PG&E) and the California Fire Foundation (CFF) are announcing their continued p

CORRECTING and REPLACING PG&E and California Fire Foundation Join Forces to Bolster Wildfire Safety and Preparedness

SACRAMENTO, Calif.--(BUSINESS WIRE)--During California's Wildfire Preparedness Week May 1-7, 2022, Pacific Gas and Electric Company (PG&E) and the California Fire Foundation (CFF) are announcing their continued partnership in support of wildfire safety and preparedness. PG&E and The PG&E Corporation Foundation (Foundation) are providing, in the aggregate, $1.4 million to CFF's Wildfire Safety and Preparedness Program (WSPP). Now in its fifth year, the program's objective is to raise

PG&E and California Fire Foundation Join Forces to Bolster Wildfire Safety and Preparedness

OAKLAND, Calif.--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) announced it will develop three new pilot programs to test how bidirectional electric vehicles (EVs) and chargers can provide power to the electric grid and other benefits to customers. PG&E will test bidirectional charging technology in a variety of settings, including in homes, businesses and with local microgrids in select high fire-threat districts (HFTDs). The pilots will test the ability for the EV to

PG&E to Launch New Pilots Studying Electric Vehicle Bidirectional Charging Technology at Homes, Businesses and with Microgrids

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) vegetation management crews and contractors across Northern and Central California communities are continuing work to maintain safe and reliable powerlines by pruning and cutting down trees in high fire-threat areas. PG&E teams are working closely with customers and communities in 2022 to complete this important safety work across 1,800 miles of overhead powerlines. PG&E's Enhanced Vegetation Management (EVM)

PG&E Continues 2022 Wildfire Mitigation Work: Vegetation Management Efforts Underway in Areas at Highest Risk of Wildfires

OAKLAND, Calif.--(BUSINESS WIRE)--For the first time ever, more than 50 percent of Pacific Gas and Electric Company (PG&E) customers get a paperless bill each month, and that number continues to grow. The 3.1 million customers currently enrolled in the program are saving 1,100 trees every month by opting to not receive a paper bill. The push to enroll more customers is part of PG&E's larger effort to reduce the impacts of climate change. PG&E helped customers avoid 645,782 metric to

More than Three Million PG&E Customers Now Enrolled in Paperless Billing

The risk of PG&E equipment starting a major wildfire has been reduced by a series of safety measures. The stock is now eligible for S&P 500 inclusion.

PG&E Fire Safety Improvements Taking Hold

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced that it is launching the nation's most comprehensive end-to-end hydrogen study and demonstration facility, which will examine the future potential of the zero-carbon fuel hydrogen as a renewable energy source for not only PG&E customers but the entire global natural gas industry. The centerpiece of the study, known as Hydrogen to Infinity (H2∞), is a large-scale project that will blend hydrogen and

PG&E Launches the Nation's Most Comprehensive Study on Hydrogen's Feasibility Within Gas Pipelines

PG&E Corp (NYSE:PCG ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Matthew Fallon - Senior Director, IR Patricia Poppe - CEO & Director Christopher Foster - EVP & CFO Conference Call Participants Shahriar Pourreza - Guggenheim Securities Steven Fleishman - Wolfe Research Jonathan Arnold - Vertical Research Partners Gregg Orrill - UBS Michael Lapides - Goldman Sachs Group Julien Dumoulin - Bank of America Merrill Lynch Ryan Levine - Citigroup Operator Thank you for standing by. My name is Cheryl, and I will be your conference operator today.

PG&E Corp (PCG) CEO Patricia Poppe on Q1 2022 Results - Earnings Call Transcript

PG&E Corp's (PCG) Q1 adjusted earnings per share of 30 cents in the first quarter of 2022 beat the Zacks Consensus Estimate by 20%. Its total revenues rise 22.9% from the year-ago quarter.

PG&E Corp (PCG) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

OAKLAND, Calif.--(BUSINESS WIRE)--The PG&E Corporation Foundation (Foundation) is inviting applications to the annual Better Together STEM Scholarship Program. This year, responding to a trend in applications from students admitted to Historically Black Colleges and Universities (HBCU), eligibility is expanding to students planning to attend HBCUs anywhere in the United States, as well as California colleges and universities. The Foundation will provide funding for a total of $250,000 to st

Local Students Pursuing STEM Education Invited to Apply for College Scholarships of Up to $10,000

OAKLAND, Calif.--(BUSINESS WIRE)--Just in time for National Arbor Day, Friday, April 29, The Arbor Day Foundation has awarded Pacific Gas and Electric Company (PG&E) status as a 2022 Tree Line USA member. The award recognizes PG&E's dedication to proper urban forest management in its service area of Central and Northern California. “We know the value trees provide to our planet and to the people we are privileged to serve across Central and Northern California,” said Peter Kenny, PG&amp

The Arbor Day Foundation Awards Recognition to PG&E as 2022 Tree Line USA Utility

PG&E (PCG) delivered earnings and revenue surprises of 15.38% and 16.82%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

PG&E (PCG) Beats Q1 Earnings and Revenue Estimates

OAKLAND, Calif.--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) recorded first-quarter 2022 income available for common shareholders of $475 million, or $0.22 per diluted share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with income available for common shareholders of $120 million, or $0.06 per diluted share, for the first quarter of 2021. GAAP results include non-core items that management does not consider representative of ongoing earnin

PG&E Corporation Reports First-Quarter 2022 Financial Results

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PG&E Corp.'s (PCG) Q1 results are expected to reflect favorable weather patterns along with cost-reduction initiatives

PG&E (PCG) to Report Q1 Earnings: What's in the Offing?

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E), which serves more than 16 million Californians, is paying property taxes and franchise fees of over $464 million this spring to the 50 counties, 246 local cities and one district where it owns and operates gas and electric infrastructure. “Property tax and franchise fee payments are one of the many important ways PG&E helps drive our hometown economies and support essential public services like education and publ

PG&E Pays Property Tax and Franchise Fee Payments to Cities, Counties to Help Fund Local Schools, Public Health, Public Safety

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) announced today the commissioning of its 182.5-megawatt (MW) Tesla Megapack battery energy storage system (BESS) – known as the Elkhorn Battery – located at its Moss Landing electric substation in Monterey County. After final testing, the BESS was fully energized and certified for market participation by the California Independent System Operator (CAISO) on April 7, 2022. Not only does battery energy storage help inte

Creating Our Clean Energy Future: PG&E Commissions its Moss Landing Elkhorn Battery

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OAKLAND, Calif.--(BUSINESS WIRE)--Following a successful inaugural program last year, the California Restaurant Foundation (CRF) is again providing grants to independent restaurant owners and their staffs through the Restaurants Care Resilience Fund. The PG&E Corporation Foundation is contributing $500,000 to the fund to support investment in and recovery of California's restaurant community, which is still reeling from economic impacts of the COVID-19 pandemic. The Restaurants Care Resilie

Helping Keep Small Restaurants Cooking, The PG&E Corporation Foundation Contributes to CA Restaurant Foundation Resilience Fund

OAKLAND, Calif.--(BUSINESS WIRE)--With just a few days left until the 2021 tax year filing deadline on April 18, Pacific Gas and Electric Company (PG&E) warns customers to protect themselves from an increase in scams involving people posing as PG&E employees. According to the Internal Revenue Service (IRS), tax season is a prime time for phone scams, and many scammers impersonating utility workers try to steal personal information from unsuspecting victims to file fraudulent tax returns

Be Aware of Increase in Scams Targeting PG&E Customers as Tax Day Looms Closer

California utility PG&E Corp has reached settlement agreements with district attorneys representing Northern California counties to avoid prosecution over two major wildfires, with the company agreeing to pay $55 million.

California's PG&E to avoid criminal charges in settlements over two major wildfires

US's largest utility reaches settlement with prosecutors but does not admit wrongdoing over Dixie and Kincade fires

Pacific Gas & Electric agrees to pay $55m to avert California wildfire prosecution

Shares of PG&E Corp. PCG, -5.76% dove 5.4% in afternoon trading Monday, after gas and electric utilities subsidiary Pacific Gas and Electric Company announced a total financial commitment $55 million as part of settlements of legal proceedings related to the 2019 Kincade Fire and the 2021 Dixie Fire. As part of the agreement, PG&E said it will not seek recovery of these costs from its customers.

PG&E stock dives after announcing financial commitments for wildfire safety related to Kincade, Dixie fires

OAKLAND, Calif.--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) and district attorneys representing six Northern California counties announced settlements resolving the 2019 Kincade Fire and 2021 Dixie Fire. As a result of these agreements, no criminal charges will be filed in the Dixie Fire, and the criminal complaint regarding the Kincade Fire will be dismissed. PG&E has also entered into long-term agreements with Butte, Lassen, Plumas, Shasta, Sonoma and Tehama count

News for PG&E Stock (PCG)