11.05 +0.01 (0.09%)
After hours: 6:32PM EDT
|Bid||11.11 x 800|
|Ask||11.15 x 2200|
|Day's Range||10.96 - 11.73|
|52 Week Range||5.07 - 49.42|
|Beta (3Y Monthly)||0.44|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Thousands of income-eligible customers could save up to 20 percent or more on their monthly energy bill by enrolling in Pacific Gas and Electric Company’s California Alternate Rates for Energy Program.
As part of its efforts to prepare customers and communities for the growing threat of wildfire, Pacific Gas and Electric Company (PG&E) has hosted nearly 6,000 individuals in a series of informational open houses, webinars and workshops throughout its service area. Over the course of 23 regional open houses, more than 3,000 attendees met with PG&E representatives to learn more about wildfire safety and emergency preparedness.
Beginning today, August 15, 2019, those displaced by the 2017 Northern California wildfires and 2018 Camp fire can apply for aid through an independently administered Wildfire Assistance Program funded by Pacific Gas and Electric Company (PG&E). PG&E’s $105 million fund, approved by the judge in PG&E’s Chapter 11 cases, is intended to help those who are either uninsured or need assistance with alternative living expenses or other urgent needs.
Pacific Gas and Electric Company (PG&E) is reaching out to about 150,000 customers encouraging them to update their home phone number, mobile number, email and other key information so the company can contact them in advance should it become necessary to temporarily turn off power for safety this fire season. PG&E sent emails to about 62,000 customers with incomplete contact information earlier this month. Later this week, the company will mail postcards to about 95,000 customers who have no phone number or email on file.
Proof of Claim Forms Must be Received by October 21, 2019, at 5:00 p.m. (Pacific Time) SAN FRANCISCO , Aug. 13, 2019 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) and Pacific Gas and Electric Company (together ...
PG&E Corporation today announced that the Board of Directors of its main subsidiary, Pacific Gas and Electric Company (“PG&E” or the “Utility”), has appointed Andrew M. Vesey as Chief Executive Officer and President of the Utility. Vesey’s appointment will be effective August 19, 2019.
PG&E Corporation (PCG) and Pacific Gas and Electric Company (collectively, “PG&E”) today announced that, following the earlier proposal made by Abrams Capital Management and Knighthead Capital Management, PG&E has been offered substantially similar equity capital commitments from a number of financial institutions in support of a plan of reorganization of PG&E. These commitments currently exceed $12 billion. PG&E intends to continue to work collaboratively with all stakeholders as we further refine a plan of reorganization that meets the objectives outlined in our second-quarter earnings release and recent filings with the Bankruptcy Court.
The Board of Directors (the “Board”) of PG&E Corporation (PCG) (“PG&E” or the “Company”) today issued the following statement in response to the proposal from Abrams Capital Management (“Abrams”) and Knighthead Capital Management (“Knighthead”) to provide equity capital commitments in support of a plan of reorganization of PG&E. “The Company has received the financing proposal from Abrams and Knighthead and is evaluating it, including the backstop commitment letters and related materials, in consultation with the Company’s advisors. The Company will respond to the proposal in due course.
SAN FRANCISCO-- -- Recorded GAAP losses were $4.83 per share for the second quarter of 2019, compared to losses of $1.91 per share for the same period in 2018. Non-GAAP earnings from operations were $1.10 per share for the second quarter of 2019, compared to $1.16 per share for the same period in 2018. PG&E Corporation’s recorded second-quarter 2019 net losses attributable to common shareholders were ...
SAN FRANCISCO , Aug. 8, 2019 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) plans to report second-quarter 2019 earnings on August 9, 2019 , before the market opens. PG&E Corporation will not be hosting ...
This Sunday (8/11) is National Safe Digging Day, serving as a reminder to all PG&E customers and contractors to call 811 a minimum of two business days prior to starting any digging project, no matter how large or small. 811 is a free service, and utility workers will mark the location of any underground lines, helping individuals to dig safely and avoid potential repair costs and even personal injury. “The safety of our customers, employees and the communities we serve is our most important responsibility and that includes safe digging any time of year,” said Mel Christopher, PG&E’s vice president for Gas Operations.
With the goal of helping further reduce wildfire risk, Pacific Gas and Electric Company (PG&E) recently completed significant upgrades to its Wildfire Safety Operations Center (WSOC). Located at the company’s headquarters in San Francisco and opened in May 2018 as an additional safety precaution to help further address the growing risk of wildfires, the emergency center serves as PG&E’s 24/7 hub for monitoring wildfire risks and coordinating prevention and response efforts across Northern and Central California. The center provides a birds-eye view of PG&E high-fire threat areas, which encompass about 50 percent of the company’s 70,000-square-mile service area.
Pacific Gas and Electric Company today announced that it will join a new fund to cover the cost of future wildfires in California. The company notified the California Public Utilities Commission of its decision to support and elect to help fund the statewide wildfire fund established by California Assembly Bill 1054, signed into law earlier this month. PG&E expects that its initial contribution to the wildfire fund would be approximately $4.8 billion, and that its annual contributions would be approximately $193 million.
Certain PG&E Corp. Shareholders (the “Investors”) are pleased with the Company, California Public Utilities Commission (“CPUC”), and Governor’s plan to develop a protocol for PG&E moving forward, as well as Judge Montali’s order for a continuance of the hearing of the Ad Hoc Bondholder Group’s motion to terminate PG&E Corporation’s exclusive right to file a plan of reorganization. The adjournment to August 13th will provide an opportunity for PG&E and its stakeholders to work towards the development of a framework through which PG&E will determine the most appropriate plan sponsorship and financing proposal.
SAN FRANCISCO , July 24, 2019 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) plans to report second-quarter 2019 earnings on or before August 9, 2019 . PG&E Corporation will not be hosting an associated ...
SAN FRANCISCO , July 19, 2019 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) plans to report second-quarter 2019 earnings on July 26, 2019 , before the market opens. PG&E Corporation will not be hosting ...
Pacific Gas and Electric Company (PG&E) continues to make substantial progress toward its Community Wildfire Safety Program (CWSP) goals, intended to mitigate the risk of wildfires and protect customers and communities.
After several years of testing and development, Pacific Gas and Electric Company (PG&E) has deployed the PG&E Satellite Fire Detection and Alerting System. The Satellite Fire Detection and Alerting System is a state-of-the-science program that incorporates data from the two new GOES satellites, as well as three polar orbiting satellites, to provide PG&E with advanced warning 24/7 of potential new fire incidents. The satellites are operated by the United States' National Oceanic and Atmospheric Administration (NOAA)'s National Environmental Satellite, Data, and Information Service division.
As the mercury rises this summer, customers are looking for ways to keep their electricity bills down. Pacific Gas and Electric Company offers five simple ways to beat the heat and lower air conditioner costs this July.
Today, Pacific Gas and Electric Company (PG&E) along with Edison Electric Institute (EEI) and the International Brotherhood of Electrical Workers (IBEW), will celebrate lineworkers across its service area as part of National Lineworker Appreciation Day. National Lineworker Appreciation Day honors the life and work of Henry Miller, the first president of IBEW, as well as the nation’s more than 74,000 electrical lineworkers who often take themselves away from their families and friends to serve their customers and communities.
In the aftermath of two major earthquakes and multiple aftershocks in the Mojave Desert since July 4, Pacific Gas and Electric Company (PG&E) is urging customers in Kern and San Bernardino Counties who may be without gas service to call our customer service line at 1-800-743-5000. For safety reasons, customers who may have shut off gas at their main gas valve as a precaution or who may have lost gas service as a result of the earthquakes should not attempt to turn on their gas service at the meter. Instead, customers should contact PG&E to perform a safety inspection before gas service is restored and before appliance pilots are lit.
Fourth of July is just around the corner and families are making plans to enjoy fireworks, swimming and outdoor barbecues. PG&E reminds its customers to keep safety top of mind.
Pacific Gas and Electric Company has begun daily aerial fire detection patrols across thousands of miles of its service area. This is the sixth year for these patrols which assist the U.S.