PG&E (PCG)

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Ahead of First Atmospheric River of the Season, PG&E Readies Resources, Crews to Support Customers and Hometowns
Prnewswire· 2024-11-19 21:30
OAKLAND, Calif., Nov. 19, 2024 /PRNewswire/ -- Ahead of the first significant storm of the season, Pacific Gas and Electric Company (PG&E) has mobilized crews and resources in key regions to respond to potential storm-related damage and power outages and is opening its Emergency Operations Center in Vacaville to assist in the coordination of storm response and restoration efforts.According to PG&E Meteorologist Scott Strenfel, an atmospheric river event will arrive today and unfold over the next several day ...
PG&E Reaches Significant Undergrounding Milestone, Burying More Than 800 Miles of Lines in High Wildfire-Risk Areas
Prnewswire· 2024-11-15 18:30
Customers in 27 Counties Now Benefit from Newly Installed Underground Powerlines that Improve Reliability and Eliminate Nearly All Wildfire Risk in a Given Location OAKLAND, Calif., Nov. 15, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that it has constructed and energized more than 800 miles of underground powerlines since launching its wildfire safety undergrounding effort in 2021. This comes on the heels of PG&E completing more than 360 miles of undergrounding in 2023, ...
PG&E Launches First Commercial Deployment of On-Site Generative AI Solution for the Nuclear Energy Sector at Diablo Canyon
Prnewswire· 2024-11-13 18:30
Atomic Canyon's 'Neutron Enterprise' AI solution aims to revolutionize PG&E's approach to managing vast datasets associated with the operation of Diablo Canyon Power PlantSAN LUIS OBISPO, Calif. and SAN JOSE, Calif., Nov. 13, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is deploying Atomic Canyon's artificial intelligence-powered solutions for the nuclear energy sector at PG&E's Diablo Canyon Power Plant. This marks the inaugural commercial installation of the first on-site generative AI dep ...
With Winter Approaching, PG&E Offering Free Gas Appliance Safety Checks and Pilot Re-Lights
Prnewswire· 2024-11-12 19:00
Customers can schedule appointments online to ensure gas appliances are in safe working conditionOAKLAND, Calif., Nov. 12, 2024 /PRNewswire/ -- To help customers prepare their gas appliances for safe use during the cold weather months ahead, Pacific Gas and Electric Company (PG&E) is offering free in-home gas safety checks. During the gas safety checks, PG&E also will re-light pilot lights for customers who have heaters or other appliances that have been turned off during warmer months. Free safety checks h ...
Here's Why PG&E (PCG) is a Strong Growth Stock
ZACKS· 2024-11-11 15:51
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PG&E: The Earnings Outlook Still Looks Good, Shares Undervalued
Seeking Alpha· 2024-11-08 09:14
The Utilities sector was among a trio of S&P 500 areas to finish negative in the session that followed the US general election. Why the bad response? Pin it to a rise in treasury yields. AsFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with teams ...
PG&E (PCG) - 2024 Q3 - Earnings Call Presentation
2024-11-07 19:02
PG&E Corporation. 1 2024 THIRD QUARTER EARNINGS Delivering For Customers AND Investors November 7, 2024 Forward-Looking Statements 2 This presentation contains 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 2024 and 2025 non-GAAP core earnings), debt and equity issuances, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildf ...
PG&E Q3 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2024-11-07 16:10
PG&E Corporation (PCG) reported third-quarter 2024 adjusted earnings per share (EPS) of 37 cents, which outpaced the Zacks Consensus Estimate of 32 cents by 15.6%. The bottom line also improved 54.2% from the year-ago quarter’s reported figure.See the Zacks Earnings Calendar to stay ahead of market-making news. The company reported GAAP earnings of 27 cents per share compared with 16 cents in the prior-year quarter.The year-over-year improvement in the bottom line can be attributed to an increase in custome ...
PG&E (PCG) Tops Q3 Earnings Estimates
ZACKS· 2024-11-07 13:26
PG&E (PCG) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.63%. A quarter ago, it was expected that this utility holding company would post earnings of $0.30 per share when it actually produced earnings of $0.31, delivering a surprise of 3.33%.Over the last four quarters, the compa ...
PG&E Corporation Reports Strong Third-Quarter Results; Strengthens 2024 Guidance; Initiates 2025 Guidance; Grows 5-Year Capital Plan
Prnewswire· 2024-11-07 11:05
OAKLAND, Calif., Nov. 7, 2024 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) is on track to deliver solid financial results in 2024 and beyond: GAAP earnings were $0.27 per share for the third quarter of 2024, compared to earnings of $0.16 for the same period in 2023. GAAP earnings were $0.85 per share for the first nine months of 2024, compared to earnings of $0.62 per share for the same period in 2023. Non-GAAP core earnings were $0.37 per share for the third quarter of 2024, compared to earnings of $0.24 p ...