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Pg and e Corp  (PCG)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $16.8500 $0.31 1.874%
Day's High: $16.87 Week Perf: 3.44 %
Day's Low: $ 16.55 30 Day Perf: 4.92 %
Volume (M): 10,303 52 Wk High: $ 18.32
Volume (M$): $ 173,602 52 Wk Avg: $16.93
Open: $16.58 52 Wk Low: $14.71



 Market Capitalization (Millions $) 35,979
 Shares Outstanding (Millions) 2,135
 Employees 26,000
 Revenues (TTM) (Millions $) 24,428
 Net Income (TTM) (Millions $) 2,256
 Cash Flow (TTM) (Millions $) -15
 Capital Exp. (TTM) (Millions $) 9,714

Pg And E Corp
PG&E Corporation, incorporated in California in 1995, is an energy-based holding company that conducts its business principally through Pacific Gas and Electric Company, or the Utility, a public utility operating in northern and central California. The Utility engages primarily in the businesses of electricity and natural gas distribution, electricity generation, electricity transmission, and natural gas transportation and storage. PG&E Corporation became the holding company of the Utility and its subsidiaries on January'1, 1997. The Utility, incorporated in California in 1905, is the predecessor of PG&E Corporation. PG&E Corporation also currently owns National Energy & Gas Transmission, Inc., or NEGT, formerly known as PG&E National Energy Group, Inc., which engages in electricity generation and natural gas transportation in the United States, or U.S.

The Utility

Its revenues are generated mainly through the sale and delivery of electricity and natural gas. The Utility is regulated primarily by the California Public Utilities Commission, or the CPUC, and the Federal Energy Regulatory Commission, or the FERC.

NEGT

NEGT was incorporated on December'18, 1998, as a wholly owned subsidiary of PG&E Corporation. NEGT's subsidiaries include: Gas Transmission Northwest Corporation (formerly PG&E Gas Transmission Northwest Corporation), North Baja Pipeline, LLC, National Energy Power Company, LLC (formerly PG&E Generating Power Group, LLC) and its subsidiaries, USGen New England, Inc. and its affiliates, and National Energy & Gas Transmission Trading Holdings Corporation and its subsidiaries.

Competition

''Increased competition as a result of the takeover by condemnation of the Utility's distribution assets, duplication of the Utility's distribution assets or services by local public utility districts, self-generation by its customers and other forms of competition that may result in stranded investment capital, decreased customer growth, loss of customer load and additional barriers to cost recovery; and

''The extent to which the Utility's distribution customers switch between purchasing electricity from the Utility and from alternate energy service providers as direct access customers and the extent to which cities, counties and others in the Utility's service territory begin directly serving the Utility's customers with their own facilities or combine to form community choice aggregators.



   Company Address: 300 Lakeside Drive Oakland, 94612 CA
   Company Phone Number: 973-1000   Stock Exchange / Ticker: NYSE PCG
   


Customers Net Income grew by PCG's Customers Net Profit Margin grew to

38.49 %

6.94 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AEP        4.07% 
CEG   -2.43%    
DUK        4.37% 
EXC        3.53% 
NRG   -4.08%    
XEL        2.92% 
• View Complete Report
   



Pg And E Corp

PG&E Corp Achieves Record Earnings Growth and Revenue Surge in Fourth Quarter 2023



PG&E Corp, one of the leading electric utilities companies, has reported a remarkable growth in its earnings per share and revenue for the fourth quarter of 2023. The company witnessed substantial increases across various financial metrics, including net income, revenue, and profit margins. These positive results highlight PG&E's ability to adapt and thrive in a competitive market while remaining committed to providing reliable service to its customers.
Revenue Growth and Increased Earnings per Share:
In the fourth quarter of 2023, PG&E Corp experienced a significant rise in its revenue, reaching $7.04 billion, a growth of 31.117% compared to the previous year's $5.89 billion. Alongside this surge in revenue, the company's earnings per share also rose by an impressive 75.64% to $0.43 per share, compared to $0.16 per share in the prior reporting season. This substantial increase in earnings per share reflects the company's successful efforts towards improving profitability and generating strong returns for its shareholders.

Pg And E Corp

PG&E Corp's Earnings Boosted by $416 Million in Income Tax Provisions



PG&E Corp (PCG) faced a challenging financial quarter ending September 30, 2023, reporting a decrease in earnings per share (EPS) despite a healthy increase in sales. The company's revenue rose by 9.158% to $5.89 billion, compared to $5.39 billion the previous year. However, income fell by -23.81% to $0.16 per share, compared to $0.21 in the same reporting period last year.
Compared to the preceding quarter, PG&E Corp experienced a -15.79% decrease in profits (from $0.19 per share) and an 11.304% growth in revenue (from $5.29 billion). Net income also dropped by -23.53% to $351.000 million, down from $459.000 million in the corresponding period last year.

Pg And E Corp

PG&E Corp Surges Ahead with Record Earnings Driven by $335 Million Boost from Income Tax Provisions

PCG, or Pg And E Corp, has reported its second-quarter earnings for 2023, showing a revenue increase of 3.361% to $5.29 billion compared to the same quarter in the previous year. This growth in revenue has been a positive development for the company, as many of its contemporaries in the Electric Utilities sector have experienced a contraction in their top-line figures during the same period.
In addition to the revenue surge, PCG also saw a rise in its earnings per share (EPS) by 11.76% to $0.19, up from $0.17 in the prior year quarter. This increase in EPS indicates that the company has been able to improve its profitability.

Pg And E Corp

PG&E Corp's Q1 2023 Earnings Skyrocket with $348 Million Tax Benefit

PG&E Corp Sees Positive Earnings Growth in Q1 2023
Investors in PG&E Corp can breathe a sigh of relief following the company's recent first-quarter earnings report. The company posted a return on equity (ROE) of 8.33%, above its average of -1.27% and up from 2.74% in the previous quarter. While there were 12 other companies in the Electric Utilities industry with a higher ROE, the company's overall ranking rose from 2305 in Q3 2022 to 2000 in the first quarter of 2023.
The company's positive earnings of $0.27 per share compare to negative earnings of $0.35 per share a year ago, marking a 28.57% YoY improvement. Moreover, the revenue grew by 6.52% to $6.21 billion, while sequential revenue improved by 15.11%. The company booked bottom-line earnings of $572 million, a significant improvement from a net loss of $698 million in the same period of the previous year.






 

Pg And E's Segments
 
Electric
 Segment     of total Revenue
Natural gas
 Segment     of total Revenue
 
• View Complete Report

Pg And E's Operating Statistics Decrease / Increase
       
Residential Electric Sales (in millions kWh)     
Commercial Electric Sales (in millions kWh)     
Industrial Electric Sales (in millions kWh)     
Agricultural Electric Sales (in millions kWh)     
Public Electric Sales (in millions kWh)     
Other Electric Sales (in millions kWh)     
Total Electric Sales (in millions kWh)     
Total Electric Customers (in thousands)     
Residential Gas Sales (in millions MCF)     
Commercial Gas Sales (in millions MCF)     
Transportation Only Gas (in millions MCF)     
Total Gas Sales (in millions MCF)     
Total Gas Customers (in thousands)     
Nuclear Power Generation (in millions kWh)     
Hydro Power Generation (in millions kWh)     
Fossil Power Generation (in millions kWh)     
Total Power Generation (in millions kWh)     
Total Purchased Power (in millions kWh)     




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