Financial Data and Key Metrics Changes - Core earnings per share for Q2 2025 were $0.31, with a year-to-date total of $0.64, down from the previous year, but consistent with internal plans [5][23] - The full-year guidance range for EPS is reaffirmed at $1.48 to $1.52, representing a 10% increase over 2024 [5][10] Business Line Data and Key Metrics Changes - The company is focused on a simple affordable model that aims to stabilize customer bills while allowing for necessary capital investments [11][15] - The 2027 general rate case proposal reflects the lowest percentage increase in ten years, with a path for residential bills to decrease compared to current levels [24][25] Market Data and Key Metrics Changes - The data center pipeline has grown to 10 gigawatts, a nearly threefold increase from the previous year, indicating strong demand and beneficial load growth [17][21] - The company is actively working on over 50 projects, including a significant project for Microsoft in San Jose [18][20] Company Strategy and Development Direction - The company is advocating for legislative changes to improve wildfire fund durability and affordability for customers, emphasizing a comprehensive approach to wildfire risk management [6][8] - The focus remains on maintaining a balance between customer affordability and investor returns, with a commitment to sustainable growth through capital investments [11][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving growth under various legislative outcomes, emphasizing the importance of a durable wildfire fund and effective affordability solutions [39][40] - The company is optimistic about the potential for rate reductions and legislative support for affordability measures in the near term [76][77] Other Important Information - The company has implemented over 100 initiatives aimed at operational savings, with a target to exceed a 2% reduction in non-fuel O&M costs [23][25] - The capital investment plan through 2028 is set at $63 billion, with no additional equity issuance planned [27][31] Q&A Session Summary Question: Concerns about legislative outcomes affecting growth - Management reassured that they have modeled various legislative scenarios and remain confident in their guidance through 2028, emphasizing that securitization proposals would not be beneficial for customers [39][40] Question: Thoughts on upfront funding for wildfire solutions - Management indicated that there is no expectation for a large upfront payment for the wildfire fund, as claims typically take years to pay out [46][47] Question: Update on data center pipeline and load growth benefits - Management highlighted that construction for data center projects in San Jose is expected to start in late 2026 or early 2027, with load benefits materializing predominantly in 2027 [71][72] Question: Potential for combining legislative proposals - Management expressed optimism about the possibility of combining affordability and wildfire fund proposals into a cohesive package this legislative session [82][85] Question: Confidence in achieving targeted earnings growth - Management stated that their confidence is underpinned by various options for capital redeployment and a strong demand for capital investments to serve new load growth [117][119]

2025 SECOND QUARTER EARNINGS Delivering For Customers AND Investors July 31, 2025 1 Forward-Looking Statements This presentation and the oral remarks made in connection with it contain statements regarding PG&E Corporation's and Pacific Gas and Electric Company's (the "Utility") future performance, including expectations, objectives, and forecasts about operating results (including 2025 non-GAAP core earnings), debt and equity issuances, refinancing activity, rate base growth, capital expenditures, cash flo ...

PG&E (PCG) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.06%. A quarter ago, it was expected that this utility holding company would post earnings of $0.35 per share when it actually produced earnings of $0.33, delivering a surprise of -5.71%.Over the last four quarters, the comp ...

OAKLAND, Calif., July 31, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results. Financial progress includes: Operational progress during the second quarter of 2025 continued to focus on physical safety and delivery of affordable and resilient energy. Pacific Gas and Electric Company (the Utility): "PG&E's story of progress continues to unfold with another solid quarter of performance. We're delivering energy safely to our customers every day. We've stabilized ...

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission File Number Exact Name of Registrant as Specified in its Charter State or Other Jurisdiction of Incorporation IRS Employer Identification Number 1-12609 PG&E Corporation California 94-3234914 1- ...

Investor Relations: invrel@pge-corp.com | Media: 415.973.5930 | www.pgecorp.com July 31, 2025 PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2025 OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results. Financial progress includes: Operational progress during the second quarter of 2025 continued to focus on physical safety and delivery of affordable and resilient energy. Pacific Gas and Electric Company (the Utility): "PG&E's story of progress c ...

Key Takeaways PCG will report Q2 2025 results on July 31, with earnings projected to rise 6.5% year over year.Revenues might have benefited from hot spring temperatures, rate growth and reduced O&M costs.PCG's Earnings ESP of 0.00% makes earnings surprise prediction difficult despite expected sales growth. PG&E Corporation (PCG) is scheduled to report second-quarter 2025 results on July 31, before market open. In the last reported quarter, the company posted a negative earnings surprise of 5.71%. However, P ...

Core Insights - The XPRIZE Wildfire competition, co-sponsored by PG&E and the Gordon and Betty Moore Foundation, is a four-year initiative with a total prize pool of $11 million aimed at developing innovative solutions to combat destructive wildfires [1][4][10] Competition Overview - The competition has announced its finalists and semi-finalists, showcasing teams that are advancing in their efforts to end wildfires [2][3] - The competition is structured into two tracks: Space-Based Wildfire Detection & Intelligence and Autonomous Wildfire Response, each focusing on different technological innovations [5][7] Technological Innovations - In the Space-Based Wildfire Detection track, teams must detect fires across large landscapes within one minute and report data accurately within ten minutes, with 11 teams from 5 countries advancing as finalists [7] - The Autonomous Wildfire Response track requires teams to autonomously detect and suppress fires in a challenging 1,000 km² area, with 15 teams from 7 countries advancing as semi-finalists [7] Funding and Awards - A total of $300,000 was awarded to six finalist teams for their data analytic capabilities during the semifinals, while semi-finalists are eligible for a portion of a $750,000 milestone award based on performance [7][11] - The winning team in each track will receive $3.5 million at the end of the competition in 2026, with an additional $1 million bonus for exceptional performance in wildfire detection [11] Industry Context - The urgency of addressing wildfires is underscored by recent global commitments from leaders, including the G7, and a new U.S. Executive Order aimed at overhauling federal wildfire governance [4] - The increasing frequency and destructiveness of wildfires highlight the need for innovative solutions, as stated by industry leaders involved in the competition [5][11]

Core Insights - PG&E encourages customers to check their rate plans to potentially lower their energy bills without changing their energy usage [1][3] - The company forecasts stable residential gas and electric bills for the remainder of 2025, with a decrease expected in 2026 [2] - A significant number of customers in Fresno County could save a total of $13.4 million annually by switching to the lowest-cost rate [6][7] Rate Plans and Savings - Customers can use PG&E's Rate Comparison tool to find the lowest-cost rate based on their last 12 months of energy usage [3][4] - Over 70% of Fresno County customers could save by moving off the E-1 tiered rate, which charges higher prices for increased energy usage [7] - Customers may achieve additional savings by switching to time-of-use rates and using energy during off-peak hours [4][8] Customer Support and Tools - PG&E offers various tools to help customers manage their energy costs, including Budget Billing, Home Energy Checkup, and Savings Finder [9][10] - Financial assistance programs are available for customers struggling to pay their energy bills [10]

OAKLAND, Calif., July 2, 2025  /PRNewswire/ --PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, July 31, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its second quarter 2025 results. The public can access the conference call through a simultaneous webcast.  The link is provided below and will also be available from the PG&E Corporation website. What: Second Quarter 2025 Earnings Call When: Thursday, July 31, 2025 at 11:00 a.m. Eastern Time Where: ...