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Pg and e Corp (NYSE: PCG) |
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Price: $17.2300
$0.04 
0.233%
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| Day's High:
| $17.37
| Week Perf:
| 1.83 %
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| Day's Low: |
$ 17.24 |
30 Day Perf: |
0.82 % |
| Volume (M): |
811 |
52 Wk High: |
$ 21.72 |
| Volume (M$): |
$ 14,072 |
52 Wk Avg: |
$18.37 |
| Open: |
$17.13 |
52 Wk Low: |
$14.99 |
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| Market Capitalization (Millions $) |
36,924 |
| Shares
Outstanding (Millions) |
2,143 |
| Employees |
28,000 |
| Revenues (TTM) (Millions $) |
24,829 |
| Net Income (TTM) (Millions $) |
2,761 |
| Cash Flow (TTM) (Millions $) |
268 |
| Capital Exp. (TTM) (Millions $) |
10,154 |
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
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Customers Net Income fell by |
PCG's Customers Net Profit Margin fell to |
-25.99 % |
6.93 %
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| Stock Performances by Major Competitors |
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| Pg And E Corp
Navigating the Duality of PG&E's Financial Landscape: A Personal Reflection
As I sift through the latest financial results from PG&E Corporation (NYSE: PCG), the complexities of this landscape are particularly striking. For the period spanning April to June 30, 2024, PG&E showcased impressive growth metrics: an eye-catching 26.32% increase in income per share, moving to $0.24, and a revenue boost of 13.157%, which reached $5.99 billion. On the surface, these numbers are a testament to the company?s resilience and growth, especially when viewed against the backdrop of an industry that has faced both regulatory scrutiny and environmental challenges.
However, a closer inspection reveals a more nuanced narrative. Compared to the preceding reporting period, the income per share took a noticeable dip of 29.41% from $0.34, although revenue still climbed by a modest 2.133% from $5.86 billion. This raises questions about the sustainability of recent gains and the factors influencing such volatility. The year-over-year net income reflects a more robust position, escalating by 27.8% to $524 million from the $410 million recorded a year earlier?a promising sign indeed. Furthermore, the improving profit margins?net margins moving up to 8.75% and operating margins edging to 18.94%?provide a silver lining to an otherwise mixed performance.
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| Pg And E Corp
Pg And E Corp, a leading energy company, recently released its financial results for the first quarter of 2024. Despite a weak revenue performance, the company managed to achieve significant growth in earnings per share (EPS). This article will analyze the key facts and trends from the financial report and provide an interpretation of the results.
1. Revenue:
- The company's revenue in Q1 2024 declined by -5.605% year-on-year to $5.86 billion.
- In comparison to the prior reporting period, revenue fell by -16.759% from $7.04 billion.
- The decrease in revenue can be attributed to several factors, potentially including lower energy consumption, challenging market conditions, or operational challenges.
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| Pg And E Corp
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.
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| Pg And E Corp
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.
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| Pg And E Corp
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.
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| Per Share |
Current |
| Earnings (TTM) |
1.28 $ |
| Revenues (TTM) |
11.59 $
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| Cash Flow (TTM) |
0.13 $ |
| Cash |
0.42 $
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| Book Value |
12.64 $
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| Dividend (TTM) |
0.02 $ |
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| Per Share |
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| Earnings (TTM) |
1.28 $
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| Revenues (TTM) |
11.59 $ |
| Cash Flow (TTM) |
0.13 $ |
| Cash |
0.42 $
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| Book Value |
12.64 $ |
| Dividend (TTM) |
0.02 $ |
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| Electric |
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 76.38 % |
of total Revenue |
| Natural gas |
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23.62 % |
of total Revenue |
| Pacific Gas Electric Co Utility |
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100 % |
of total Revenue |
| Pacific Gas Electric Co Utility Electric |
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98.49 % |
of total Revenue |
| Pacific Gas Electric Co Utility Electric Residential |
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43.29 % |
of total Revenue |
| Pacific Gas Electric Co Utility Electric Commercial |
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38.73 % |
of total Revenue |
| Pacific Gas Electric Co Utility Electric Industrial |
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11.9 % |
of total Revenue |
| Pacific Gas Electric Co Utility Electric Agricultural |
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13.5 % |
of total Revenue |
| Pacific Gas Electric Co Utility Electric Public street and highway lighting |
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0.44 % |
of total Revenue |
| Pacific Gas Electric Co Utility Electric Other net |
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-9.38 % |
of total Revenue |
| Pacific Gas Electric Co Utility Natural gas |
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23.62 % |
of total Revenue |
| Pacific Gas Electric Co Utility Natural gas Residential |
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6.93 % |
of total Revenue |
| Pacific Gas Electric Co Utility Natural gas Commercial |
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2.74 % |
of total Revenue |
| Pacific Gas Electric Co Utility Natural gas Transportation service only |
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6.87 % |
of total Revenue |
| Pacific Gas Electric Co Utility Natural gas Other net |
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0.74 % |
of total Revenue |
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2.94% 