PCG - PG&E Corporation

NYSE - NYSE Delayed Price. Currency in USD
47.20
+0.38 (+0.81%)
At close: 4:01PM EDT

47.20 0.00 (0.00%)
After hours: 5:15PM EDT

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Previous Close46.82
Open46.87
Bid46.50 x 800
Ask48.00 x 4000
Day's Range46.72 - 47.22
52 Week Range37.30 - 69.76
Volume3,239,239
Avg. Volume6,390,228
Market Cap24.41B
Beta-0.24
PE Ratio (TTM)201.71
EPS (TTM)0.23
Earnings DateOct 31, 2018 - Nov 5, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-09-28
1y Target Est52.43
Trade prices are not sourced from all markets
  • S&P 500 Utility Stocks with Attractive Upside Potentials
    Market Realist16 hours ago

    S&P 500 Utility Stocks with Attractive Upside Potentials

    Let’s take a look at utility stocks (XLU) with attractive upside potentials for the next 12 months. PG&E (PCG) stock has a median target price of $51.9—compared to its current market price of $47.0, which indicates an upside potential of more than 10% for the next year.

  • Utility Stocks Compared to Broader Markets Last Week
    Market Realistyesterday

    Utility Stocks Compared to Broader Markets Last Week

    At large, utilities underperformed broader markets last week. The Utilities Select Sector SPDR ETF (XLU), a representative of the S&P 500 Utilities, rose 0.4%. Broader markets continued to increase and rose more than 1% for the week ending September 14. Despite the Fed’s aggressive stance about the rate hike this year, utilities—one of the most vulnerable sectors to rate hikes—showed strong growth in the last few months due to trade war concerns.

  • 3 Big Stock Charts for Monday: PG&E, Oracle and Weyerhaeuser
    InvestorPlace2 days ago

    3 Big Stock Charts for Monday: PG&E, Oracle and Weyerhaeuser

    It wasn’t a screaming bullish finish to the week, but it didn’t matter. The S&P 500’s 0.03% gain on Friday translated into a 1.1% advance for the five-day span. The close of 2,904.98 was the second-best close ever.

  • Boston Gas Explosions Have a California Echo for NiSource
    Bloomberg4 days ago

    Boston Gas Explosions Have a California Echo for NiSource

    The investigation into the fatal explosions that ripped through several towns outside Boston on Thursday has barely begun. As of Friday lunchtime in New York, NiSource stock was down almost 10 percent, its biggest drop since January 2009, when the market was still trying to find a floor amid the financial crisis. The obvious analogy here is PG&E Corp. and the September 2010 explosion of its gas pipeline in San Bruno, California.

  • Business Wire4 days ago

    More Than 100,000 PG&E Customers Update Contact Information, Sign up for Emergency Alerts, Prepare for Wildfires and Extreme Weather

    Pacific Gas and Electric Company (PG&E) customers are responding to the energy company’s call-to-action to update their contact information, as part of a campaign encouraging customers to have a plan for the growing threat of climate-driven extreme weather and wildfires. To help educate customers from Bakersfield to the Oregon border, PG&E has mailed letters and postcards and sent emails to more than 570,000 homes and businesses served by electric lines that run through high fire-threat areas. The company is informing customers that it may be necessary for PG&E to temporarily turn off power as a last resort for safety if extreme fire danger conditions occur.

  • These Top Utilities Received Target Price Raises Last Week
    Market Realist7 days ago

    These Top Utilities Received Target Price Raises Last Week

    Almost all utility stocks currently offer unattractive upside potentials due to their recent rallies. Among the S&P 500 utilities, PG&E Corporation (PCG) has a relatively handsome upside potential of almost 12% over the next 12 months. Wall Street analysts have given it a median price target of $51.7 compared to its current market price of $46.3.

  • CNBC7 days ago

    California Gov. Jerry Brown could sign wildfire bill critics have dubbed as a 'bailout'

    A California bill allowing investor-owned utilities to pass on wildfires-related costs to ratepayers could be signed this week by Gov. Jerry Brown.

  • Should You Worry About The PG&E Corporation’s (NYSE:PCG) Shareholder Register?
    Simply Wall St.7 days ago

    Should You Worry About The PG&E Corporation’s (NYSE:PCG) Shareholder Register?

    If you want to know who really controls PG&E Corporation (NYSE:PCG), then you’ll have to look at the makeup of its share registry. Insiders often own a large chunk ofRead More...

  • Moody's8 days ago

    Topaz Solar Farms LLC -- Moody's changes Topaz Solar's rating outlook to negative from positive; affirms Baa1 rating

    Moody's Investors Service ("Moody's") affirmed the Baa1 rating assigned to the senior secured debt of Topaz Solar Farms LLC (Topaz Solar) due 2039 and also changed the rating outlook to negative from positive. Today's rating action is driven entirely by the weakened credit profile of Pacific Gas & Electric Company (PG&E: Baa1, negative) that was downgraded to Baa1 with a negative outlook on September 6th, 2018. PG&E's credit quality serves as a cap to Topaz Solar's rating since the project derives all of its revenue and cash flow under a long-term power purchase and sales agreement (PPA) with PG&E that expires in October 2039.

  • Moody's11 days ago

    California Infrastructure & Econ. Dev. Bank -- Moody's downgrades Pacific Gas & Electric Company to Baa1 from A3 and PG&E Corporation to Baa2 from Baa1; rating outlooks remain negative

    NOTE: On September 7, 2018, the press release was corrected as follows: The second and third lines of the debt list under PG&E Corporation were changed to Preferred Shelf, Downgraded to (P)Ba1 from (P)Baa3 and Preferred Non-Cumulative Shelf, Downgraded to (P)Ba1 from (P)Baa3, respectively. New York, September 06, 2018 -- Moody's Investors Service (Moody's) downgraded the ratings of Pacific Gas & Electric Company (PG&E), and its parent company, PG&E Corporation (PCG or Corp).

  • PG&E Installs 100th New Weather Station in 2018, Network Helps Bolster Wildfire Prevention and Response Efforts
    Business Wire11 days ago

    PG&E Installs 100th New Weather Station in 2018, Network Helps Bolster Wildfire Prevention and Response Efforts

    Pacific Gas and Electric Company reached an important milestone this month, installing its 100th new weather station this year and further enhancing its capacity to capture additional meteorological data to better predict where extreme wildfire danger could occur.

  • Business Wire12 days ago

    PG&E Promotes Safety and Sponsors Cal OES Day of Preparedness

    Pacific Gas and Electric Company (PG&E) and the Governor’s Office of Emergency Services (Cal OES) are proud to present the 13th annual California Day of Preparedness in historic Old Sacramento on Saturday, Sept. 8. The free, family-friendly event kicks off National Preparedness Month, held annually in September. There will be safety, emergency response and search-and-rescue demonstrations – on both land and water.

  • PG&E Corporation Stock Upgraded: What You Need to Know
    Motley Fool12 days ago

    PG&E Corporation Stock Upgraded: What You Need to Know

    California steps in to save the company, and Wall Street takes notice.

  • Benzinga14 days ago

    PG&E Receives Multiple Upgrades Following New California Wildfire Legislation

    The state of California last week passed SB 901, a piece of legislation that includes language that reduced the wildfire liability risk for PG&E Corporation (NYSE: PCG). Bank of America analyst Julien Dumoulin-Smith upgraded PG&E from Neutral to Buy and raised her price target from $48 to $56.

  • PG&E and Edison Rise as California Passes Bill for Fire Costs
    Bloomberg14 days ago

    PG&E and Edison Rise as California Passes Bill for Fire Costs

    PG&E Corp. and Edison International rose after California lawmakers passed legislation designed to help the utilities pay for billions of dollars in potential liabilities from wildfires that ravaged the state last year. The state Assembly and Senate approved a wide-ranging plan late last week that includes directing regulators to allow the utilities to sell bonds backed by customer bills to cover fire costs that are deemed reasonable. In addition, the measure directs regulators to limit how much utility shareholders would cover from the 2017 fires that killed dozens of people.

  • American City Business Journals14 days ago

    Why shares of PG&E popped up to the highest level in 8 months this morning

    Two of the biggest utilities in California will gain relief from damages incurred when their power lines ignite blazes.

  • XLU: Where Utilities Could Go from Here
    Market Realist15 days ago

    XLU: Where Utilities Could Go from Here

    Currently, the Utilities Select Sector SPDR ETF (XLU) is trading at $53.5—nearly 1% and 4% above its 50-day and 200-day moving average levels, respectively. These simple moving averages showed a “golden cross” pattern early this month and continue to look strong. The levels around $52.83 and $51.33 could likely act as a support for XLU in the short term.

  • Barrons.com15 days ago

    Morning Movers: Facebook Slips, PG&E Jumps, Transocean Slides

    Trade worries never seem to go away, and that has stocks trading lower this morning. Talks with Canada remained in a tough spot, while tariffs on $200 billion of Chinese goods could be put in place as soon as Thursday. S&P 500 futures have declined 0.1%, while Dow Jones Industrial Average futures have dropped 73 points, or 0.3%. Nasdaq Composite futures have fallen 0.3%.

  • Utilities: Leaders and Laggards Last Week
    Market Realist15 days ago

    Utilities: Leaders and Laggards Last Week

    At large, utilities trended lower and lost 0.5% last week. At the same time, broader markets continued to increase and rose ~1% during the week. Utilities have seen a decent uptrend in the last few months amid trade war tensions.

  • The Wall Street Journal15 days ago

    [$$] California Puts Customers on Hook for Utility’s Wildfire Liability

    A last-minute measure by California lawmakers to rescue the state’s largest utility from a potential bankruptcy sets up a contentious process whereby its customers could foot the bill for billions in liability costs it faces following the state’s catastrophic 2017 wildfires. The bill passed Friday night in the final hours of California’s legislative session would give PG&E Corp. a path to pass on to ratepayers legal damages and other costs stemming from fires that swept California’s wine country in October. Democratic California Gov. Jerry Brown is expected to sign the measure, addressing a broad array of wildfire-related issues, into law.

  • California lawmakers give utility a reprieve amid fire cases
    Associated Press17 days ago

    California lawmakers give utility a reprieve amid fire cases

    SACRAMENTO, Calif. (AP) — Lawmakers voted to give a reprieve to Pacific Gas & Electric Co., take steps toward reducing years of secrecy surrounding police misconduct and push back school start times in the frenzied final hours of the two-year legislative session.

  • California approves measure to pass on wildfire costs
    Associated Press18 days ago

    California approves measure to pass on wildfire costs

    SACRAMENTO, Calif. (AP) — The California Legislature voted Friday to allow power companies to raise electric bills to cover the cost of lawsuits from last year's deadly wildfires amid fears that Pacific Gas & Electric Co., would otherwise face financial ruin.

  • The Wall Street Journal18 days ago

    [$$] California Passes Bill to Rescue Utility Facing Fire Costs

    California lawmakers approved legislation late Friday night to rescue the state’s largest utility by letting it bill ratepayers for some of the billions in liability it faces following 2017’s catastrophic wildfires. Corp. a path to securitize the potential billions of dollars in legal damages and other costs stemming from the deadly blazes that swept California’s wine country last October, killing more than 40, and destroying or damaging around 21,000 homes and 2,800 businesses. State investigators have concluded that equipment from PG&E’s Pacific Gas & Electric Co. unit caused 16 of those blazes so far, and the utility has said it expects to incur losses related to at least 14 of them.

  • California Approves Bill to Help PG&E Pay for Wildfire Costs
    Bloomberg18 days ago

    California Approves Bill to Help PG&E Pay for Wildfire Costs

    California lawmakers passed legislation to help utility giant PG&E Corp. pay for billions of dollars in potential liabilities from wildfires that ravaged Northern California wine country last year. The state Assembly and Senate approved a wide-ranging plan Friday that includes directing regulators to limit how much PG&E shareholders would cover from the 2017 fires that killed dozens of people. The bill now heads to the desk of Governor Jerry Brown, who has supported helping PG&E dodge fiscal distress.

  • California Is Set to Decide Whether PG&E Is ‘Too Big to Fail’
    Bloomberg19 days ago

    California Is Set to Decide Whether PG&E Is ‘Too Big to Fail’

    The company -- which provides electricity and gas to 16 million people -- faces billions of dollars in liabilities from last year’s wildfires, and legislators have until midnight Friday to pass a bill that would direct regulators to limit how much PG&E shareholders would pay to cover the costs. The outcome is critical for PG&E, which may owe as much as $17.3 billion from the blazes, JPMorgan Chase & Co. estimated. “This is the state acting like PG&E is too big to fail,” said Mark Toney, executive director of the Utility Reform Network, a consumer advocacy group.