PCG - PG&E Corporation

NYSE - NYSE Delayed Price. Currency in USD
19.42
+0.37 (+1.94%)
At close: 4:00PM EDT
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Previous Close19.05
Open19.10
Bid19.02 x 1000
Ask19.48 x 800
Day's Range18.90 - 19.48
52 Week Range5.07 - 49.42
Volume9,601,653
Avg. Volume25,088,245
Market Cap10.245B
Beta (3Y Monthly)-0.57
PE Ratio (TTM)N/A
EPS (TTM)-13.25
Earnings DateMay 1, 2019 - May 6, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-09-28
1y Target Est19.79
Trade prices are not sourced from all markets
  • Associated Press21 hours ago

    PG&E objects to judge's proposals to prevent wildfires

    Pacific Gas & Electric Co. pushed back Friday on a U.S. judge's revised proposals to prevent the utility's equipment from causing more wildfires, saying it could not "monitor every tree at every moment of every day" to ensure they don't pose a threat to its electric lines in violation of California laws. Judge William Alsup earlier this month proposed requiring the company to fully comply with all vegetation management and clearance laws as part of its probation in a criminal case. Alsup called the utility's efforts to prevent trees from hitting its power lines and starting wildfires dismal.

  • Top Utility Stocks to Hedge Your Portfolio
    Zacksyesterday

    Top Utility Stocks to Hedge Your Portfolio

    Utility stocks fit this profile with their low market correlation and typically larger dividend payouts. These stocks usually have a flight-to-quality classification as well ??? when there is a broader market sell-off investors will go to utility stocks as a high yield safe haven.

  • Reutersyesterday

    PG&E bankruptcy threatens major battery storage project

    Californian electricity and gas supplier PG&E filed for bankruptcy protection in January, in anticipation of significant expected liabilities from wildfires in the state. The bankruptcy poses a threat to California's climate change ambitions by putting in limbo dozens of large solar, wind, and other clean energy projects PG&E has contracted with other companies. Because PG&E can reject contracts in bankruptcy, energy developer esVolta LP said in papers filed with the U.S. Bankruptcy Court in San Francisco on Wednesday that it feared it would not be able to line up financing for its 75 megawatt Hummingbird battery storage project.

  • Our View: S.F. public power's lights are on again. Is anyone home?
    American City Business Journals2 days ago

    Our View: S.F. public power's lights are on again. Is anyone home?

    As PG&E; hobbles into bankruptcy, city officials are reviewing with the idea of acquiring a portion of its distribution tract.

  • Moody's3 days ago

    Lodi (City of) CA Electric Enterprise -- Moody's announces completion of a periodic review of ratings of Lodi (City of) CA Electric Enterprise

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Lodi (City of) CA Electric Enterprise and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Activist Investor Blasts PG&E in Tussle Over Board Overhaul
    Bloomberg3 days ago

    Activist Investor Blasts PG&E in Tussle Over Board Overhaul

    Ubben, ValueAct Capital Management’s chief executive officer, is part of a slate of director candidates put forth by the hedge fund BlueMountain Capital Management LLC. Others include former California Treasurer Phil Angelides and National Transportation Safety Board ex-chairman Christopher Hart, as well as former utility executives. “Extension after extension, BlueMountain’s well-vetted and public slate is being ignored, and every shareholder and stakeholder should be disappointed in this process,” Ubben said in an interview.

  • Analyzing XLU’s Implied Volatility Trends
    Market Realist4 days ago

    Analyzing XLU’s Implied Volatility Trends

    Utilities: Leaders and Laggards Last Week(Continued from Prior Part)Implied volatilityOn March 15, the Utilities Select Sector SPDR (XLU) had an implied volatility of 10.5%—lower than its 15-day average. In comparison, SPY’s implied volatility

  • David Abrams Plunges Into Klarman's PG&E
    GuruFocus.com5 days ago

    David Abrams Plunges Into Klarman's PG&E

    Protégé of Baupost Group manager gains holding in troubled Californian utility

  • PG&E Stock: What to Expect
    Market Realist5 days ago

    PG&E Stock: What to Expect

    Utilities: Leaders and Laggards Last Week(Continued from Prior Part)PG&E stock keeps climbingPG&E (PCG) filed for Chapter 11 bankruptcy protection in late January. Investors seem to have faith in the stock. PG&E stock has risen more

  • The Wall Street Journal5 days ago

    [$$] Lazard Stands to Cash In on PG&E Bankruptcy

    One of the restructuring advisers waiting to see if PG&E Corp. can win approval of its $5.5 billion bankruptcy loan is investment bank Lazard Freres & Co., which has a $16 million fee riding on the deal....

  • Deutsche Bank looks to make a deal, Marriott to expand, PG&E may have new leader
    Yahoo Finance5 days ago

    Deutsche Bank looks to make a deal, Marriott to expand, PG&E may have new leader

    Deutsche Bank, Marriott, PG&E, Worldpay and Southwest Airlines are the companies to watch.

  • Investing.com6 days ago

    Stocks - Worldpay, Deutsche Rise in Pre-market; Boeing, Walt Disney Fall

    · Boeing (NYSE:BA) slumped 2.2% by 8:15 AM ET (12:15 GMT) on the news that data from the Ethiopian Air jet that crashed earlier this month suggests similarities with an earlier crash off Indonesia. The U.S. Department of Transportation is investigating the Federal Aviation Administration's approval of Boeing’s 737 Max 8.

  • The Wall Street Journal6 days ago

    [$$] PG&E Close to Naming New CEO, New Board

    PG&E Corp. is likely to name Bill Johnson, retiring head of the Tennessee Valley Authority, as its new chief executive as early as next week and to announce an overhaul of its board backed by some of its largest investors, according to people familiar with the matter. Mr. Johnson would take the reins of the troubled California utility, operating under federal bankruptcy protection as it faces a fight to survive billions of dollars in potential liability costs from deadly wildfires. PG&E has made offers to 10 new independent board candidates and is expected to unveil the slate as soon as next week, saying it has significant shareholder support, people familiar with the matter said.

  • Reuters7 days ago

    PG&E close to reshaping leadership with investor backing - WSJ

    Bill Johnson, who is set to retire as the CEO of Tennessee Valley Authority in April, is the front-runner to get the top job at PG&E, the Journal reported, citing people familiar with the matter. PG&E has also made offers to 10 new independent board candidates and is expected to unveil the slate as soon as next week, saying it has significant shareholder support, according to the report.

  • Reuters7 days ago

    PG&E close to reshaping leadership with investor backing: WSJ

    Bill Johnson, who is set to retire as the CEO of Tennessee Valley Authority in April, is the front-runner to get the top job at PG&E, the Journal reported. PG&E has also made offers to 10 new independent board candidates and is expected to unveil the slate as soon as next week, saying it has significant shareholder support, according to the report. PG&E declined to comment, while no one was available at U.S.-owned TVA to comment on Saturday.

  • PG&E to name new CEO as early as next week, overhaul board: WSJ
    Reuters7 days ago

    PG&E to name new CEO as early as next week, overhaul board: WSJ

    PG&E Corp is likely to name a new chief executive officer as early as next week and to announce an overhaul of its board backed by some of its largest investors, the Wall Street Journal reported on Saturday. Bill Johnson, retiring head of the Tennessee Valley Authority, is the front-runner to get the job of PG&E's new CEO, the Journal reported, citing people familiar with the matter.

  • Hedge Funds Unite to Press Bankrupt PG&E for Management Overhaul
    Bloomberg7 days ago

    Hedge Funds Unite to Press Bankrupt PG&E for Management Overhaul

    The hedge funds said in filings late Friday that they’re looking at nominating directors to PG&E’s board and want a say in who the company’s next chief executive officer will be. The funds represent almost 10 percent of PG&E’s outstanding shares, according to the filings. The emergence of the latest group sets the stage for a potential fight among investors over the future of PG&E, which filed for bankruptcy in January to deal with $30 billion worth of wildfire liabilities.

  • Coal Analyst Bemoans Investors' Lowly Regard: CERAWeek Update
    Bloomberg9 days ago

    Coal Analyst Bemoans Investors' Lowly Regard: CERAWeek Update

    (Bloomberg) -- It’s Day 4 of CERAWeek by IHS Markit, the annual week-long gathering in Houston of some of the energy industry’s biggest names. Today’s agenda includes offshore wind, Latin American power auctions, electric vehicles and coal’s challenges.

  • Barrons.com9 days ago

    Will PG&E Get Help From California? Don’t Count On It.

    (MS) says its investor clients are becoming too optimistic about the outlook for (PCG), the California utility currently managing its wildfire costs in bankruptcy court. While it looks like utilities’ future wildfire-related liabilities will be offset by legislation in the state, the problems facing PG&E (ticker: PCG) are far more complicated than simple math. PG&E stock is less than half the price from a year ago.

  • Report: Ex-CEO of Duke Energy, Progress appears headed to troubled PG&E
    American City Business Journals9 days ago

    Report: Ex-CEO of Duke Energy, Progress appears headed to troubled PG&E

    Published reports say Bill Johnson, who is retiring as the head of the Tennessee Valley Authority, is the PG&E; Corp. board’s leading candidate for the CEO position at the California utility, which is in bankruptcy protection because of potential liability for devastating wildfires.

  • The Wall Street Journal9 days ago

    [$$] PG&E Bankruptcy Financing Stumbles on Worries About More Fires

    The judge presiding over the bankruptcy of PG&E Corp. is worried that another year of wildfires could upend the utility’s efforts to pull out of massive financial and legal trouble.

  • Deadly 2017 wildfire found sparked by Southern California Edison power lines
    Reuters10 days ago

    Deadly 2017 wildfire found sparked by Southern California Edison power lines

    The devastating Thomas Fire that killed two people and destroyed more than 1,000 structures northwest of Los Angeles in December 2017 was sparked by power lines owned by Southern California Edison Co, fire officials said on Wednesday. An investigation of the fire's origins found that high winds blew Edison power lines into one another, creating an electrical arc that "deposited hot, burning or molten material" into dry vegetation on the ground, setting off the blaze, the Ventura County Fire Department said in a statement. In a 70-plus page report, investigators also cited several possible criminal violations by Edison in connection with the fire, including involuntary manslaughter, reckless arson and a health-safety code breach for carelessly or negligently causing a fire.