Price Crosses Moving Average
|Bid||16.80 x 3200|
|Ask||17.05 x 2200|
|Day's Range||16.89 - 17.10|
|52 Week Range||9.64 - 17.68|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||19.47|
|Earnings Date||Jul 26, 2023 - Jul 31, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 28, 2017|
|1y Target Est||19.35|
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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. The utility also reached a $50 million settlement agreement with the Shasta County District Attorney's Office, officials from both announced in separate statements. The wind-whipped blaze began on Sept. 27, 2020, and raged through rugged terrain and small communities west of Redding, killing four people, burning about 200 homes and blackening about 87 square miles (225 square kilometers) of land in Shasta and Tehama counties.
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 said it had reached an agreement with Shasta county, California district attorney to dismiss criminal charges related to the 2020 Zogg fire. The settlement also resolves the civil case against the unit.
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 said it had reached an agreement with Shasta county, California district attorney to dismiss criminal charges related to the 2020 Zogg fire. The Zogg Fire had started in Shasta County, about 200 miles (322 km) north of San Francisco, in September 2020 and consumed more than 56,000 acres, killing four people.
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.
Third Point Management, a New York-based investment advisor, released its first-quarter 2023 investor letter. A copy of the same can be downloaded here. The Third Point Offshore Fund returned -4.1% net in the first quarter compared to a 7.5% return for the S&P 500 INDEX (TR) and a 7.9% return for the MSCI WORLD INDEX (TR). […]
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. The grant program continues a successful partnership between PG&E and CFF. Applications must be submitted by 11:59 p.m. on June 30, 2023, through the CFF website. Award notification will begin July 31, 2023.
Today we're going to take a look at the well-established PG&E Corporation ( NYSE:PCG ). The company's stock saw...
PG&E Corporation (NYSE: PCG) will hold an Investor Day on Wednesday, May 24, 2023, including a virtual webcast at 6:30 p.m. Eastern Time (3:30 p.m. Pacific Time). The public can access the presentation through the link below, which is also available on the PG&E Corporation website. Presentations by members of executive management are expected to conclude at approximately 8:30 p.m. Eastern Time (5:30 p.m. Pacific Time).
Energy stocks have a lot going for them. The world needs a ton of electricity and transportation fuels every day. Energy is inflation-protected, as prices tend to rise during unsettled periods such as we’ve experienced recently. And energy stocks sell at low P/E ratios while often offering high dividend yields. But investors shouldn’t lose sight of the energy industry’s environmental and regulatory risks. Over time, the world is moving toward green energy solutions and a net zero future. Environ
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. If your graduation celebration involves balloons, make sure they are secured with a weight. Otherwise they can float away and come into contact with overhead power lines, causing a public safety risk.
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. In addition, V2X technology could eventually enable customers to use t
On Saturday (May 13), 24 high school students will graduate from the Economic Equity and Financial Education Pilot Program, a two-semester advanced financial education course taught at the Haas School of Business, University of California, Berkeley. The program was created and funded by Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (The PG&E Foundation).
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
OGE Energy's operating revenues of $557.2 million decline 5.8% from the prior-year quarter's level. The top line also misses the Zacks Consensus Estimate by 6.5%.
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.
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. PG&E's Community Relations 2022 Impact Report provides details on programs, charitable giving and volunteerism — and for the first time includes an interactive feature that allows customers to see where nonprofit recipients are located and how charitable contributi
PG&E Corporation (NYSE:PCG) Q1 2023 Earnings Call Transcript May 4, 2023 Operator: Good morning. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the PG&E Corporation First Quarter 2023 Earnings Release Conference Call. Today’s conference is being recorded. At this time, I […]
Consolidated Edison's (ED) Q1 revenues of $4,403 million surpass the Zacks Consensus Estimate by 8%. The top line also improves 8.4% from the year-ago quarter.
PG&E Corp.'s (PCG) first-quarter adjusted EPS of 29 cents is in line with the Zacks Consensus Estimate.
PG&E (PCG) delivered earnings and revenue surprises of 0% and 0.02%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
PG&E Corporation (NYSE: PCG) recorded first-quarter 2023 income available for common shareholders of $569 million, or $0.27 per diluted share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with income available for common shareholders of $475 million, or $0.22 per diluted share, for the first quarter of 2022.
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.
PG&E's (PCG) Q1 results are likely to reflect the impact of favorable weather patterns and a negative impact of storms on earnings.
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. The program rewards participants for temporarily reducing energy use when demand for electricity is high. Last year, PG&E customers received over $55 million in bill credits.