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.

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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.

The PG&E Corporation Foundation Supporting Small Restaurants for Third Consecutive Year OAKLAND, Calif. , June 13, 2023 /PRNewswire/ -- Locally-owned Northern and Central California restaurants will receive a financial boost from the California Restaurant Foundation (CRF) and The PG&E Corporation Foundation (PG&E Foundation) through grants to invest in equipment upgrades, workforce training and more — all intended to help increase their longevity and business success.

Keeping Local Restaurants Cooking: 77 Restaurants to Receive $5,000 Resilience Grants

PORTLAND, Ore. — A jury in Oregon on Monday found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it liable for broader damages that could push the total award into the billions.

PacifiCorp could be on the hook for billions after jury verdict in devastating Oregon wildfires

PG&E Corporation held an investor day on May 24th. PG&E has implemented changes to reduce wildfire risks, including adjusting recloser operations to minimize ignition chances. The company plans to spend over $110B in CAPEX over the next ten years, but expects to keep rate increases equal to inflation.

PG&E Investor Day: Potential Dividend Reinstatement And Reduced Wildfire Risk

Taking Action Today Can Help Customers Reduce Energy Usage and Save on Energy Bills OAKLAND, Calif. , June 8, 2023 /PRNewswire/ -- The first day of summer is just around the corner, and many parts of California are already experiencing warmer temperatures.

Countdown to Summer: PG&E Encourages Customers to Prepare Homes for Warmer Weather, Explore Resources to Help Manage Energy Bills

REDDING, Calif. — A California judge on Wednesday dismissed all charges against Pacific Gas & Electric in connection to a 2020 fatal wildfire sparked by its equipment that destroyed hundreds of homes and killed four people, including an 8-year-old child.

California judge dismisses criminal charges against PG&E in deadly 2020 wildfire

A unit of utility firm PG&E Corp said on Wednesday that it would pay $50 million to settle certain charges related to the deadly Zogg wildfires of 2020.

Pacific Gas and Electric to pay $50 million to settle 2020 Zogg wildfire charges

Agreement Resolves Legal Proceeding in 2020 Zogg Fire OAKLAND, Calif. , May 31, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that it reached an agreement with the Shasta County District Attorney under which criminal charges arising from the 2020 Zogg Fire will be dismissed.

PG&E and Shasta County District Attorney Reach Settlement to Further Enhance Wildfire Safety

More than $1 million in grants, public education, and outreach funded in 2022; Applications Accepted Through June 30 SACRAMENTO, Calif. , May 30, 2023 /PRNewswire/ -- Today, Pacific Gas and Electric Company (PG&E) and the California Fire Foundation (CFF) announced grant opportunities for California-based fire departments and community-based organizations focused on wildfire safety and preparedness.

PG&E and California Fire Foundation Seeking Applications for Wildfire Safety and Preparedness Grants

OAKLAND, Calif. , May 22, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold an Investor Day on Wednesday, May 24, 2023, including a virtual webcast at 6:30 p.m.

PG&E Corporation to Hold 2023 Investor Day

PG&E reported solid earnings as well as maintained guidance even with macroeconomic headwinds possibly worse than expected. The company's ability to integrate renewables into its core business will improve PG&E's grid system and spark growth.

PG&E: Advancing Growth Through Renewable Energy Integration

The Utilities sector P/E has fallen slightly lately, but the group remains valued about 17 times next-12-month EPS. I continue to have a favorable outlook on PCG shares given its bottom-line growth trajectory and likely dividend reinstatement later this year.

PG&E: Industry-Leading EPS Growth, Dividend Likely On The Way, Reiterate Buy

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Power Outages from Wayward Balloons Can Put the Damper on Graduation Celebrations OAKLAND, Calif. , May 17, 2023 /PRNewswire/ -- From mid May to mid June, California's graduation season is in full swing and Pacific Gas and Electric Company (PG&E) is warning customers about the public safety risks associated with helium-filled metallic balloons.

PG&E Safety Tip for California Graduates: Keep Balloons Secure During Celebrations

PG&E and BMW of North America Expand Collaboration by Testing Vehicle-to-Everything Technology That Will Improve Grid Reliability and Help EV Customers Lower Their Electric Bills by Exporting Power Back to the Grid During Peak Demand Periods OAKLAND, Calif. , May 16, 2023 /PRNewswire/ -- As electric vehicles (EVs) become more prevalent, with approximately 40% of all EVs in the United States driving on California roads, Pacific Gas and Electric Company (PG&E) and BMW of North America (BMW) are collaborating to test how vehicle-to-everything (V2X) technology can serve as a solution to offset growing demand on the power grid, improve reliability for electric customers, and maximize the usage of renewable energy.

More Power To You: PG&E and BMW of North America Start V2X Testing in California

Scam Reports at an All-time High During the First Four Months of 2023 OAKLAND, Calif. , May 8, 2023 /PRNewswire/ -- With reports of scams targeting utility customers at an all-time high, Pacific Gas and Electric Company (PG&E) shares tips with customers to help recognize the signs of a potential scam.

KEEPING CUSTOMERS SAFE: PG&E Wants to Help Customers Recognize Utility Scams and Avoid Falling Victim

PG&E, The PG&E Corporation Foundation and Coworkers Contributed a Total of More than $31 Million in 2022 OAKLAND, Calif. , May 5, 2023 /PRNewswire/ -- PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25 million in charitable contributions in 2022, along with PG&E coworkers who contributed another $6 million, all benefitting more than 5,000 nonprofits and schools.

More Than 5,000 Nonprofits, Schools Benefit from PG&E Charitable Contributions

PG&E Corporation (NYSE:PCG ) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Jonathan Arnold - VP, IR Patricia Poppe - CEO & Director Chris Foster - EVP & CFO Carolyn Burke - EVP Finance, Incoming CFO Conference Call Participants Steven Fleishman - Wolfe Research Shahriar Pourreza - Guggenheim Securities Julien Dumoulin-Smith - Bank of America Anthony Crowdell - Mizuho Securities Ryan Levine - Citigroup Operator Good morning. My name is Audra, and I will be your conference operator today.

PG&E Corporation (PCG) Q1 2023 Earnings Call Transcript

PG&E Corp.'s (PCG) first-quarter adjusted EPS of 29 cents is in line with the Zacks Consensus Estimate.

PG&E Corp. (PCG) Meets Q1 Earnings, Reaffirms 2023 View

PG&E (PCG) came out with quarterly earnings of $0.29 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago.

PG&E (PCG) Matches Q1 Earnings Estimates

Recorded GAAP earnings were $0.27 per diluted share for the first quarter of 2023, compared to earnings of $0.22 per diluted share for the same period in 2022. Non-GAAP core earnings were $0.29 per diluted share for the first quarter of 2023, compared to earnings of $0.30 per diluted share for the same period in 2022.

PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2023

Deadline to Apply is June 30; Open to Government, Educational, Nonprofit Organizations OAKLAND, Calif. , May 3, 2023 /PRNewswire/ -- The PG&E Corporation Foundation (PG&E Foundation) and Pacific Gas and Electric Company (PG&E) are now accepting applications for their Better Together Nature Positive Innovation and Resilience Hubs grant programs totaling $900,000 this year for projects and initiatives dedicated to environmental stewardship and climate resilience.

Grants Totaling $900,000 from The PG&E Corporation Foundation and PG&E Available to Groups Supporting Environmental Stewardship and Climate Resilience

Participating Customers Rewarded Over $55 Million in Bill Credits for Lowering Energy Use and Strain on the Grid Last Summer OAKLAND, Calif. , May 1, 2023 /PRNewswire/ -- The 2023 season for the Power Saver Rewards Program launches today, and Pacific Gas and Electric Company (PG&E) residential electric customers are encouraged to register now.

PG&E Incentive Program Provides Customers Bill Credits While Supporting the Grid

PG&E (PCG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: PG&E (PCG) Q1 Earnings Expected to Decline

Programs that Help Reduce Energy Usage are Available for Both Residential and Business Customers OAKLAND, Calif. , April 21, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is committed to a sustainable future on Earth Day and every day.

PG&E Shares Tips with Customers that Can Lessen Their Carbon Footprint in Time for Earth Day

XPRIZE, PG&E, Federal and State Leaders Kick Off Global $11 Million Incentive Competition OAKLAND, Calif. and WASHINGTON , April 21, 2023 /PRNewswire/ -- Detect and suppress a high-risk wildfire in 10 minutes or less.

News for PG&E Stock (PCG)