AllAnalyst Report
logoMorningstarOctober 15, 2020

PG&E Corporation: PG&E Continues to Face Challenges During Record-Breaking Fire Season

Symbols
PCG
Sector(s)
Utilities
Rating
Premium
Current Price
$12.63
Fair Value
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Economic Moat
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Stewardship
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Summary

PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.4 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.

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