Core Insights - Greenlight Capital's funds returned -3.6% in Q3 2025, underperforming the S&P 500 index which returned 8.1% during the same period [1] - Year-to-date, the fund returned 0.4%, significantly lower than the S&P 500's 14.8% [1] Company Analysis: PG&E Corporation (NYSE:PCG) - PG&E Corporation is a regulated utility in California, involved in the transmission and distribution of electricity and natural gas [3] - The stock of PG&E Corporation had a one-month return of 9.05%, but it has lost 19.82% of its value over the past 52 weeks [2] - As of October 23, 2025, PG&E's stock closed at $16.30 per share, with a market capitalization of $35.903 billion [2] - Greenlight Capital established a medium-sized position in PG&E at an average price of $15.15 per share [3] - The company operates as a local monopoly, theoretically earning a guaranteed return on capital invested, but faces complications due to political factors affecting cost recoveries from disasters like wildfires [3] - California's regulated utilities, including PG&E, have a higher cost of capital compared to those in other states, leading to increased prices for residents [3] - Affordability of utility services has become a significant political issue in California, prompting state officials to seek reforms [3]

PG&E Corporation (NYSE:PCG) is one of the best large cap stocks to buy under $20. On October 22, Morgan Stanley raised the price target on PG&E to $21 from $19.50, while keeping an Equal Weight rating on the shares. The decision came out as the firm updated its price targets for Regulated & Diversified Utilities/IPPs in North America under its coverage. Morgan Stanley Raises PG&E (PCG) PT to $21 on Utilities' Data Center Focus It was noted in September that the utilities outperformed the S&P, and thus, f ...

PG&E Corporation (NYSE:PCG) is one of the best affordable stocks to buy under $20. Jefferies analyst Julien Dumoulin-Smith lifted the price target on PG&E Corporation (NYSE:PCG) to $21 from $20 on October 22 and assigned a Buy rating to the stock. The firm told investors in a sector preview that it expects a mostly positive Q3 “super cycle” of updates containing messages of “capex up & cost of capital down” from the utilities sector. C3.ai (AI) and Eletrobras Team Up to Boost Power Grid Reliability With A ...

PG&E CEO Patti Poppe discusses the company's third-quarter earnings, its role in the AI buildout and the preparations for potential wildfires. She speaks with Romaine Bostick on "Bloomberg The Close." ...

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PG&E (NYSE:PCG) Q3 2025 Earnings Call October 23, 2025 11:00 AM ET Company ParticipantsDavid Arcaro - Executive Director and Equity ResearchJonathan Arnold - VP of Investor RelationsPatti Poppe - CEOAidan Kelly - Equity Research AssociateCarolyn Burke - EVP and CFOConference Call ParticipantsCarly Davenport - Vice President and Equity Research AnalystGreg Orill - AnalystSteve Fleishman - Stock AnalystJulien Dumoulin-Smith - Research AnalystOperatorLadies and gentlemen, thank you for standing by. My name is ...

PG&E (NYSE:PCG) Q3 2025 Earnings Call October 23, 2025 11:00 AM ET Company ParticipantsDavid Arcaro - Executive Director and Equity ResearchJonathan Arnold - VP of Investor RelationsPatti Poppe - CEOAidan Kelly - Equity Research AssociateCarolyn Burke - EVP and CFOConference Call ParticipantsCarly Davenport - Vice President and Equity Research AnalystGreg Orill - AnalystSteve Fleishman - Stock AnalystJulien Dumoulin-Smith - Research AnalystOperatorLadies and gentlemen, thank you for standing by. My name is ...

PG&E (NYSE:PCG) Q3 2025 Earnings Call October 23, 2025 11:00 AM ET Speaker1Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome you to the PG&E Corporation Third Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question at that time, please press star, t ...

PG&E (NYSE:PCG) Q3 2025 Earnings Call October 23, 2025 11:00 AM ET Speaker0Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome you to the PG and E Corporation Third Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.And please note, we have allotted forty five minutes ...

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