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.

Shares of PG&E Corp. rose 0.9% in premarket trading Monday, after the California-based utility announced an agreement to sell its San Francisco headquarters complex for $800 million to Hines Atlas U.S. LP. The utility said it proposing to distribute $390 million to $420 million in proceeds from the sale to its customers, pending approval by the California Public Utilities Commission (CPUC).

PG&E stock gains after deal to sell San Francisco headquarters for $800 million

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation and Pacific Gas and Electric Company (together, “PG&E” or the “company”) today announced an agreement to sell the company's San Francisco headquarters complex, which includes 77 Beale Street and 245 Market Street, to Hines Atlas US LP, a Delaware limited partnership, for $800 million. In keeping with commitments PG&E made last year, the company is seeking California Public Utilities Commission (“CPUC”) approval to return the net gain

PG&E Agrees to Sell Its San Francisco Headquarters Complex to Hines Atlas US LP for $800 Million

SAN FRANCISCO--(BUSINESS WIRE)--Customers who have been financially impacted by the COVID-19 pandemic can now find new and updated information and web resources on various programs available to those who are behind on their bills and/or needing financial assistance due to the ongoing pandemic by going to pge.com/covid19. Pacific Gas and Electric Company's (PG&E) updated customer support website, launched earlier this month, provides information on all the financial assistance and support pr

New and Updated Web Resources to Help Customers Financially Impacted by COVID-19

SACRAMENTO, Calif.--(BUSINESS WIRE)--To raise awareness about wildfire safety and bring resources to underserved communities in high fire-threat areas in 2021, Pacific Gas and Electric Company (PG&E) is joining forces again with the California Fire Foundation (CFF), providing $1.4 million for CFF's Wildfire Safety and Preparedness Program (WSPP). Fire departments and community-based organizations in California can submit applications beginning this week for grant funding to address ongoing

Helping Our Communities Stay Safe: PG&E and California Fire Foundation Renew Partnership to Tackle Wildfire Risk

SAN FRANCISCO--(BUSINESS WIRE)--In honor of Asian American Pacific Islander (AAPI) Heritage Month in May, Pacific Gas and Electric Company (PG&E) today announced it will contribute $200,000 to nonprofit organizations that support the AAPI community, with a focus on safety for individuals in PG&E's service area and across the country. “I stand in celebration and solidarity with my AAPI coworkers and neighbors this month and every month. We call upon everyone in our communities to come to

Supporting Local Communities: PG&E Contributes $200,000 to Celebrate and Support the Asian American Pacific Islander Community

SAN FRANCISCO--(BUSINESS WIRE)--As part of its commitment to the safety of its customers and the communities it serves, Pacific Gas and Electric Company (PG&E) is working year‑round to make its system safer, to prevent wildfires and to improve Public Safety Power Shutoff (PSPS) events. To share its wildfire prevention plans in 2021 and listen to customers' feedback, PG&E is hosting a series of weekly regional wildfire safety webinars. Each event will feature a brief presentation, after

Helping Customers Prepare For Wildfire Season: PG&E Hosting Weekly Regional Wildfire Safety Webinars

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Alphabet, Costco, FedEx, UPS and More Monday Afternoon Analyst Calls

SAN FRANCISCO--(BUSINESS WIRE)--As wildfire season approaches, simple tasks like trimming back trees, shrubs and bushes and creating defensible space around a home or business can help make neighborhoods and communities safer. Recognizing California's Wildfire Preparedness Week, customers, neighborhoods and towns can take a hands-on approach to wildfire preparedness this spring. Pacific Gas and Electric Company's (PG&E) Safety Action Center website offers easy-to-use educational videos and

Keeping Homes and Businesses Safe as Wildfire Season Approaches; Spring Cleaning Should Include Creating Defensible Space for Yards and Property

PG&E Corporation (PCG) CEO Patti Poppe on Q1 2021 Results - Earnings Call Transcript

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (The Foundation) are encouraging qualified students to apply for the Better Together STEM Scholarship Program. The Foundation will provide funding for a total of $250,000 to students pursuing a degree in the Science, Technology, Engineering and Math (STEM) disciplines. The program will award 20 scholarships of $10,000 each and 20 scholarships of $2,500 each. “For PG&E, enhanci

Apply Now: The PG&E Corporation Foundation is Awarding $250,000 in STEM Scholarships to Local Students

PG&E (PCG) delivered earnings and revenue surprises of -17.86% and -0.84%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

PG&E (PCG) Q1 Earnings and Revenues Lag Estimates

PG&E Corporation (PCG) revenues improve 9.5% year over year in the first quarter, primarily driven by an increase in Electric and Natural Gas sales.

PG&E Corporation (PCG) Q1 Earnings Miss Estimates, Down Y/Y

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) recorded first-quarter 2021 income available for common shareholders of $120 million, or $0.06 per share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with income available for common shareholders of $371 million, or $0.57 per share, for the first quarter of 2020. GAAP results include non-core items that management does not consider representative of ongoing earnings, which totaled

PG&E Corporation Reports First-Quarter 2021 Financial Results

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Utility Stock Q1 Earnings Due on Apr 29: XEL, PCG, CMS & SO

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG; the “Corporation”) today announced the appointment of Carla J. Peterman as Executive Vice President, Corporate Affairs, effective June 1, 2021. It also announced the appointments of Margaret K. Becker as Vice President and Treasurer of both the Corporation and Pacific Gas and Electric Company (“Utility”), and Christopher M. Patterson as Vice President, State Legislative Affairs of the Utility, both effective May 1, 2021. Carla J.

PG&E Appoints Energy Industry Expert Carla J. Peterman as Executive Vice President, Corporate Affairs

SAN FRANCISCO--(BUSINESS WIRE)--As PG&E's meteorology team monitors a weather system headed for Northern and Central California this weekend, the company has a plan to safely respond to outages and reminds customers to also have a plan to stay safe. Forecasts indicate that Northern California will experience rainfall and mountain snow beginning Saturday. Meteorologists expect the system to move through the Bay Area on Sunday. Some rainfall is also expected in Central California on Sunday. "

Putting Safety at the Forefront: PG&E Encourages Customers to Plan Ahead for Upcoming Weather System

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) residential customer bills will be lower this month thanks to the California Climate Credit. The credit created by the California Public Utilities Commission (CPUC), is part of the state's efforts to fight climate change. The credit will lower bills by $41.82 for PG&E residential customers receiving both natural gas and electric service this month. For natural gas-only residential customers the credit will be $24.62

Thanks to California Climate Credit, PG&E Residential Customers Will See Lower Bills This Month

SAN FRANCISCO--(BUSINESS WIRE)--As part of its ongoing efforts to keep customers and communities safe, Pacific Gas and Electric Company (PG&E) has added numerous resources to further support customers and communities before, during and after Public Safety Power Shutoffs (PSPS). During severe weather, PG&E may need to turn off power for public safety as high winds can cause tree branches or debris to contact energized electric lines, which could damage electrical equipment and cause a ma

Supporting Our Customers: PG&E Providing More Community Resources for Public Safety Power Shutoffs This Year

SAN FRANCISCO--(BUSINESS WIRE)--While fans of professional golf were riveted to the Masters leaderboard last weekend, Pacific Gas and Electric Company (PG&E) has earned a spot on a different kind of leaderboard – one recognizing utilities for their progress toward a modern, carbon-free electric system. Today, the Smart Electric Power Alliance (SEPA) released its comprehensive assessment of more than 100 U.S. utilities' clean power efforts. PG&E demonstrated significant progress, landing

Delivering for California: Industry Group SEPA Recognizes PG&E for Clean Energy Progress

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced the appointment of Wade Smith as Senior Vice President, Electric Operations. Mr. Smith begins on May 3, 2021 and will report to Adam Wright, PG&E's Executive Vice President, Operations and Chief Operating Officer, who joined the company earlier this year. “Wade brings the ideal skillset and background to help us deliver safe and reliable energy for our customers and hometowns. He is a proven leader w

PG&E Appoints Industry Expert Wade Smith to Lead Electric Operations

SAN FRANCISCO--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) launched its Community Microgrid Enablement Program (CMEP) to help communities identify, design and build permanent, multi-customer microgrids serving critical facilities and vulnerable customer groups. A microgrid is an electric system that can operate independently from the central energy grid. Through this new program approved by the California Public Utilities Commission (CPUC), PG&E will provide technica

Helping Customers and Hometowns: PG&E Lays Groundwork for Permanent, Multi-Customer Microgrids

SAN FRANCISCO--(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 $406 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 hometowns and supports essential public services like education and public safety.

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

SAN FRANCISCO--(BUSINESS WIRE)--Beginning next week, restaurants in six Northern and Central California counties can apply for a $3,500 grant to help them rebound from the economic impacts of the COVID-19 pandemic. The California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund is accepting applications April 11-18, 2021. Pacific Gas and Electric Company (PG&E) contributed $500,000 to the fund to assist small restaurants struggling in the wake of stay-at-home orders and other

PG&E Contributes $500,000 to Restaurant Resilience Fund to Strengthen Businesses for the Long-Term

SAN FRANCISCO--(BUSINESS WIRE)--With the arrival of spring, many Californians are thinking of starting projects to make their outdoor spaces more livable, and many of these projects will require digging. To help ensure these projects can proceed safely, and without disruptions to essential utility services that we all depend on to be able to stay connected during the ongoing pandemic, April is recognized as National Safe Digging Month. Pacific Gas and Electric Company (PG&E) and more than 1

With Millions of Californians Still Working and Schooling from Home, Calling 811 Before Digging More Important Than Ever

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced the appointment of Jason Glickman as Executive Vice President, Engineering, Planning, and Strategy, effective May 3, 2021. Mr. Glickman will report to Patti Poppe, Chief Executive Officer of PG&E Corporation. “I am thrilled to welcome Jason to PG&E. He is a seasoned and strategic industry thought leader with an impressive track record of helping energy companies meet their goals and achieve large

News for PG&E Stock (PCG)