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PG&E Readies Resources, Crews Ahead of Storm Bringing Heavy Rain and Wind to Northern California
Prnewswire· 2024-12-13 21:55
Core Viewpoint - Pacific Gas and Electric Company (PG&E) is proactively preparing for severe weather conditions, including heavy rain and strong winds, expected to impact Northern California, ensuring a swift response to potential power outages and damage [1][2]. Group 1: Weather Preparedness - PG&E has positioned crews and resources across its service area to respond to storm-related damage and power outages [1]. - The National Weather Service has issued various advisories and warnings for the affected regions [1]. - Meteorologist Evan Duffey indicates that strong winds will affect the northern part of PG&E's service area, with central and southern regions experiencing adverse weather shortly thereafter [2]. Group 2: Response Strategy - PG&E employs storm outage prediction models using AI and machine learning to assess potential storm impacts, including timing and location of outages [2]. - The company has pre-staged essential equipment such as power poles, powerlines, and transformers to facilitate quick repairs and restoration of power [3]. Group 3: Customer Communication - PG&E provides real-time updates on outages through an online outage center, accessible to both customers and non-customers [4]. - Daily updates regarding storm response and restoration efforts will be available on PG&E Currents [5]. Group 4: Safety Measures - Customers are advised to prepare for the storm by following safety tips, such as avoiding downed power lines and using generators safely [6][7]. - Recommendations include using flashlights instead of candles during outages and securing outdoor furniture to prevent it from becoming a hazard [7][8]. Group 5: Company Overview - PG&E is a combined natural gas and electric utility serving over 16 million people across 70,000 square miles in Northern and Central California [10].
PG&E Is A Buy On Its Improving Profitability, Dividend Growth Potential
Seeking Alpha· 2024-12-12 20:46
Hi there! I am an equity research analyst by profession but a trader by heart, with a background in accounting. I try my best to be a responsible investor, guided by my expertise in fundamental and technical analysis. I enjoy surfing and riding the trends about equity, currencies and cryptocurrency. With a little over 5 years of experience in the market, I enjoy keeping my mind open to fresh ideas from different investment viewpoints since it allows me to expand my knowledge in this wild, but always energiz ...
PG&E's New Convertible Preferred Offers Dual Benefit
Seeking Alpha· 2024-12-11 16:14
PG&E Corp. (NYSE: PCG ) last week raised a net $2.35 billion by offering common shares priced at $20.35 and issuing 32.2 million shares of a new preferred series at $50 a share. Some of the proceeds will be used toI am a 35-year stock market investor, MBA, and retired reporter and editor for the San Francisco Chronicle. I also was a featured investor with the investment app Netvest. My primary style is a mix of growth and income, with attention to special situations.Analyst’s Disclosure: I/we have a benefic ...
PG&E (PCG) Upgraded to Buy: Here's Why
ZACKS· 2024-12-04 18:00
PG&E (PCG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power of a ...
PG&E Corporation Announces Pricing of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock
Prnewswire· 2024-12-03 03:07
OAKLAND, Calif., Dec. 2, 2024 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) ("PG&E" or the "Company") announced today the pricing of its previously announced concurrent underwritten public offerings of (i) 48,661,800 shares of common stock, no par value ("Common Stock"), of the Company at a public offering price of $20.55 per share of Common Stock (the "Common Stock Offering") and (ii) 28,000,000 shares of newly issued Series A Mandatory Convertible Preferred Stock ("Preferred Stock") of the Company at a pub ...
Why PG&E (PCG) is a Top Value Stock for the Long-Term
ZACKS· 2024-12-02 20:26
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are ...
Stellantis, PG&E And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Benzinga· 2024-12-02 13:39
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Monday.Shares of Stellantis N.V. STLA fell sharply in today's pre-market trading.Stellantis CEO Carlos Tavares resigned abruptly amid faltering U.S. sales and looming trade pressures, ending his tenure at one of the world's largest automakers as it grapples with industry-wide challenges.Stellantis shares dipped 8.4% to $12.09 in the pre-market trading session.Here are some other stocks moving lower in pre-market trading. ...
Final Opportunity to Apply for PG&E Resilience Hubs Grants to Help Communities Address Climate and Disaster Needs
Prnewswire· 2024-11-25 18:00
Total of $400,000 in Funding; Deadline to Apply is Jan. 31, 2025OAKLAND, Calif., Nov. 25, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is accepting applications for its Resilience Hubs Grant program. A total of $400,000 is available for local projects and initiatives for climate resilience projects supporting communities PG&E serves. To be eligible, applicants must be a governmental organization (tribal governments included), educational institution, or 501(c)3 nonprofit.The PG&E Resilience ...
Merry & Mindful: PG&E's Energy-Efficient Solutions for a Season of Savings
Prnewswire· 2024-11-22 17:30
Festive, Budget-Friendly Tips to Help Reign in Energy Waste & Lower BillsOAKLAND, Calif., Nov. 22, 2024 /PRNewswire/ -- 'Tis the season for more houseguests, mouthwatering meals, and dazzling decorations. Pacific Gas and Electric Company (PG&E) is sharing simple, energy-efficient actions to help customers manage their energy use and bills this holiday season.According to the California Energy Commission, 10% of typical household energy use is from lighting and 31% is from kitchen appliances. With more festi ...
On Utility Scam Awareness Day, PG&E Helps Customers Recognize and Avoid Utility Scams
Prnewswire· 2024-11-20 16:30
During 2024, PG&E customers have lost over $334,000 to scammersOAKLAND, Calif., Nov. 20, 2024 /PRNewswire/ -- As the holiday season ramps up, scammers are also ramping up their efforts to target consumers, including utility customers. To help combat this trend, Pacific Gas and Electric Company (PG&E) is joining Utilities United Against Scams to help customers recognize potential scams as part of Utility Scam Awareness Day on November 20.Each year around the holiday season, scammers target consumers with new ...