PG&E (US:PCG)2025-04-24 16:25Financial Performance & Guidance - The company is on track to meet its 2025 core EPS guidance, projecting a 10% increase[6,8] - The company reaffirms its core EPS guidance for 2026-2028, targeting at least 9% growth[6,8] - The first quarter 2025 non-GAAP core EPS was $0.33, compared to $0.37 in the first quarter of 2024[6,91] - The company targets a 20% dividend payout by 2028[8] - The 2025 non-GAAP core EPS guidance is between $1.48 and $1.52[6,28] Capital Investment & Rate Base - The company anticipates approximately 10% CAGR for rate base growth from 2023 to 2028[29] - The weighted average rate base is projected to be $63 billion from 2024 to 2028[29,30] - The company has at least $5 billion in customer beneficial investment opportunities[29] Operational Efficiency & Cost Reduction - The company aims for a 2% reduction in non-fuel O&M costs[12,37,41] - The company has a track record of exceeding the 2% annual O&M cost reduction target[38] - Net savings from O&M cost reductions are projected to be $200 million in 2025[37] Wildfire Mitigation & Safety - The company has completed 2,061 system hardening miles and 899 undergrounding miles[25] - The company has installed 1,585 sectionalizing devices and removed 4 million trees[25] - The company has installed 643 cameras and 1,589 weather stations for situational awareness[25] Data Center Load Growth - The company has a data center pipeline totaling 8,700 MW as of March 2025[15,45] - 1,400 MW of data center projects are in the final engineering phase[15,16] - The company estimates that 1 GW of data center load can lead to a 1%-2% electric bill reduction[15]