The Utility's Cost of electricity includes the cost of power purchased from third parties (including renewable energy resources), fuel and associated transmission costs used in its own generation facilities, fuel and associated transmission costs supplied to other facilities under power purchase agreements, costs to comply with California's cap-and-trade program, and realized gains and losses on price risk management activities. See Note 8 of the Notes to the Condensed Consolidated Financial Statements in I ...

Investor Relations: invrel@pge-corp.com | Media: 415.973.5930 | www.pgecorp.com July 25, 2024 PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2024 OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2024 results. Financial progress includes: • GAAP earnings were $0.24 per share for the second quarter of 2024, compared to earnings of $0.19 for the same period in 2023. • Non-GAAP core earnings were $0.31 per share for the second quarter of 2024, compared to earnings ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? PG&E (PCG) , which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider. For the last reported quarter, PG&E came out with earnings of $0.37 per share versus the Zacks Consensus Estimate of $0.35 per share, representing a surprise of 5.71%. For the previous quarter, the company was expected to post earnings of ...

More Qualifying Customers Can Receive Up to a $2,000 Bill Credit Under New Guidelines OAKLAND, Calif., July 24, 2024 /PRNewswire/ -- To provide additional financial assistance to more households with past-due energy bills, Pacific Gas and Electric Company (PG&E) is modifying guidelines midyear for the Relief for Energy Assistance through Community Help (REACH) program. REACH and REACH Triple Match help qualifying low- to moderate-income customers pay their past-due energy bill and help prevent service disco ...

PG&E Corporation (PCG) is scheduled to report second-quarter 2024 results on Jul 25 before market open. Let's take a closer look at the factors that are likely to be reflected in PG&E's upcoming quarterly results. During most of the second quarter, PCG's service territories observed mixed temperature patterns. While its service areas witnessed unprecedented snowfall for a few days in May 2024, accompanied by average precipitation, above-normal temperatures were recorded in June. Hence, the overall impact of ...

PG&E Corporation (PCG) is poised to benefit from positive developments like steady infrastructural investments, the addition of clean energy projects and initiatives to build California's electric vehicle charging infrastructure. The Zacks Consensus Estimate for PCG's 2024 and 2025 sales indicates a rise of 4.9% and 4.1%, respectively, from the prior-year figures. Capital Expenditure Price Movement Some other top-ranked stocks from the same industry are CenterPoint Energy (CNP) , FirstEnergy (FE) and Consol ...

"Scammers seek to create a sense of panic, threatening disconnection of utility services if immediate payment is not made," said Matt Foley, lead customer scam investigator for PG&E. "If a phone call, visit to your home or email doesn't feel right, don't fall for it. Hang up, shut the door or delete it. Remember, PG&E will never ask for your financial information over the phone or via email, nor will we request payment via pre-paid debit cards or other methods of money transfer, including mobile application ...

A replay of the live conference call and webcast will be available at http://investor.pgecorp.com/newsevents/events-and-presentations/default.aspx. What: Second Quarter 2024 Earnings Call PG&E Corporation (NYSE: PCG) is a holding company headquartered in Oakland. It is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000- square-mile service area in Northern and Central California. For more information, visit http://www.pgecorp.com. Wh ...

According to PG&E's in-house meteorologists, who are tracking this week's heat event from PG&E's Emergency Operations Center, a strong high-pressure system will begin building today, resulting in triple-digit heat mid-week across the interior valleys, especially the Sacramento Valley, as the week continues. Along the coast, the marine layer will weaken, driving temperatures into the mid-90s and low 100s in coastal valleys and 80s in the Bay. OAKLAND, Calif., July 1, 2024 /PRNewswire/ -- With the Fourth of J ...

PG&E Corp.'s ROE of 11.3% outperformed the industry average of 9.9%. This indicates the company's efficiency in utilizing its shareholders' funds. Let's focus on the factors that make this Zacks Rank #2 (Buy) stock a good investment option at the moment. The Zacks Consensus Estimate for PCG's 2024 and 2025 sales indicates a rise of 6.5% and 3.8%, respectively, from the prior-year figures. PG&E Corp. continues to make considerable investments in gas-related projects, and electric system safety and reliabilit ...