PG&E Corp. Declares $0.01 Quarterly Dividend; 0.2% Yield
PG&E Corp. (PCG) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.The dividend will be payable on January 15, 2024, to stockholders of record on December 29, 2023,...
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PG E News & Analysis
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Mizuho Securities maintains PG E at 'buy' with a price target of $20.00
An analyst from Mizuho Securities maintained PG E (NYSE: PCG) at 'buy' with a price target of $20.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 9 buy...
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PG&E Corp. General Rate Case Will Fund Permanent Wildfire Risk Reduction, Critical Gas and Electric Safety and Reliability Investments, and Electric Capacity Upgrades to Support New Business Con
Pacific Gas and Electric Company (PG&E (NYSE:PCG)) energy rates will change on January 1, 2024, to pay for continued critical safety investments for its customers and hometowns. The...
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PG&E rate hike proposals face CPUC decision today
SAN FRANCISCO - California regulators are set to decide on Pacific Gas & Electric's (PG&E (NYSE:PCG)) proposed rate increases today, which could see customer bills rise substantially from...
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PG&E seeks extension for Diablo Canyon nuclear plant operation
PG&E has lodged an application with the Nuclear Regulatory Commission (NRC) to extend the license of the Diablo Canyon nuclear power plant, California's only functioning nuclear...
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PG&E rate hike decision postponed, alternate proposal partially approves undergrounding lines
In a recent development, the California Public Utilities Commission (CPUC) has deferred the decision on Pacific Gas and Electric Company's (PG&E) application to raise its electric and...
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PG&E seeks CPUC approval for rate hikes amidst rising operational costs
Pacific Gas and Electric Company (PG&E) has proposed a rate increase in 2023, the percentage of which remains undisclosed. The decision, which is still subject to approval from the...
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Wells Fargo maintains PG E at 'overweight' with a price target of $19.00
An analyst from Wells Fargo maintained PG E (NYSE: PCG) at 'overweight' with a price target of $19.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 9 buy...
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PG E earnings missed by $0.06, revenue topped estimates
Investing.com - PG E (NYSE: PCG) reported third quarter EPS of $0.24, $0.06 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $5.89B versus the consensus estimate...
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Evercore ISI Starts PG&E Corporation at In Line
(Updated - October 23, 2023 5:02 AM EDT) Evercore ISI analysts initiate coverage on PG&E Corporation (PCG) with a In Line rating and a price target of $16.00.The analysts comment "PCG’s...
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JPMorgan maintains PG E at 'neutral' with a price target of $18.00
An analyst from JPMorgan maintained PG E (NYSE: PCG) at 'neutral' with a price target of $18.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 10 buy...
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PG&E proposes $5.9 billion plan to bury power lines amid wildfire concerns
Pacific Gas & Electric (PG&E (NYSE:PCG)), a major U.S. utility company, proposed a plan to bury power lines in high-risk areas to reduce future wildfire risks. The plan, unprecedented in...
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PG&E faces potential $45M penalty for 2021 Dixie Fire, class action lawsuit underway
The California Public Utilities Commission (CPUC) has proposed a $45 million penalty against PG&E Corporation (NYSE:PCG) for the 2021 Dixie Fire. The fire, which was caused by a decaying...
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Fiverr pops on fresh buy rating: 5 big analyst picks
Investing.com -- Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: Buy initiations at |Fiverr and CDW, and upgrades at PG&E, Warner Music Group ...
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CFRA upgrades PG E to 'buy' with a price target of $18.00
An analyst from CFRA upgraded PG E (NYSE: PCG) from 'hold' to 'buy' with a price target of $18.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 10 buy...
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Mizuho Securities maintains PG E at 'buy' with a price target of $19.00
An analyst from Mizuho Securities maintained PG E (NYSE: PCG) at 'buy' with a price target of $19.00. Prior to this rating, PG E had 9 buy ratings, 5 hold ratings, and 0 sell ratings. For...
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Barclays starts the U.S. Power & Utilities sector at neutral as it's 'too soon to be bullish'
Barclays initiated coverage of 26 stocks within the U.S. Power & Utilities sector in a note Wednesday, taking a Neutral industry view. Stocks that were started with an Overweight rating...
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Morgan Stanley maintains PG E at 'equalweight' with a price target of $14.00
An analyst from Morgan Stanley maintained PG E (NYSE: PCG) at 'equalweight' with a price target of $14.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 10...
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Barclays initiates coverage of PG E at 'overweight' with a price target of $19.00
An analyst from Barclays initiated coverage of PG E (NYSE: PCG) at 'overweight' with a price target of $19.00. Prior to this rating, PG E had 10 buy ratings, 4 hold ratings, and 1 sell...
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PG&E Corp. Announces Resignation of Julius Cox, EVP of Shared Services and Supply Chain
On August 10, 2023, Julius Cox, Executive Vice President, People, Shared Services and Supply Chain of PG&E Corp. (NYSE:PCG) and Pacific Gas and Electric Company (the “Utility”) informed PG&E...
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10 to 20 more wildfire victims could be found per day: Hawaii Guv
Honolulu, Aug 15 (IANS) As the death toll rose due to the wildfires in Hawaii's Maui Island has incrased to 96, the US state's Governor Josh Green warned that 10 to 20 more wildfire victims...
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'Time to buy' PG&E Corp, says UBS
It's "time to buy" PG&E Corp. (NYSE:PCG), according to UBS analysts on Monday, who raised the stock to Buy from Neutral, with a new price target of $21 per share, up from $19. The analysts...
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UBS upgrades PG E to 'buy' with a price target of $21.00
An analyst from UBS upgraded PG E (NYSE: PCG) from 'neutral' to 'buy' with a price target of $21.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 7 buy...
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Sunrun and PG&E Expand Collaboration on Distributed Power Plant to Share Critical Solar Energy with California’s Grid
Sunrun (NASDAQ:RUN) customers in California have begun to share the excess solar energy they are generating on their rooftops with their neighbors - increasing grid resiliency during...
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Wells Fargo maintains PG E at 'overweight' with a price target of $21.00
An analyst from Wells Fargo maintained PG E (NYSE: PCG) at 'overweight' with a price target of $21.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 8 buy...
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PG E earnings missed by $0.04, revenue fell short of estimates
Investing.com - PG E (NYSE: PCG) reported second quarter EPS of $0.23, $0.04 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $5.29B versus the consensus estimate...
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UBS maintains PG E at 'neutral' with a price target of $18.00
An analyst from UBS maintained PG E (NYSE: PCG) at 'neutral' with a price target of $18.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 8 buy ratings, 5...
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PG&E and Shasta County District Attorney Reach Settlement to Further Enhance Wildfire Safety
Pacific Gas and Electric Company (PG&E (NYSE:PCG)) announced today that it reached an agreement with the Shasta County District Attorney under which criminal charges arising from the 2020...
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RBC Capital maintains PG E at 'outperform' with a price target of $21.00
An analyst from RBC Capital maintained PG E (NYSE: PCG) at 'outperform' with a price target of $21.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 8 buy...
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PointState Capital enters Coupang , Kinross Gold , Meta (META), Vertiv , more - 13F
PointState Capital LP released its 13F for the quarter ended March 31, 2023. Below is a summary:New Stakes CENTENE CORPORATION (CNC) new 628,604 share position Coupang (CPNG) new 5,017,965...
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PG E earnings matched, revenue topped estimates
Investing.com - PG E (NYSE: PCG) reported first quarter EPS of $0.29, in line with the analyst estimate of $0.29. Revenue for the quarter came in at $6.21B versus the consensus estimate of...
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Morgan Stanley maintains PG E at Equalweight, PT $16.00
A Morgan Stanley analyst maintained PG E (NYSE: PCG) at Equalweight and a price target of $16.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 8 buy...
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Morgan Stanley maintains PG E at Equalweight, PT $15.00
A Morgan Stanley analyst maintained PG E (NYSE: PCG) at Equalweight and a price target of $15.00 from a prior price target of %currency%%price%. Prior to this rating, PG E had 8 buy...
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After-hours movers: PG&E falls on spot offering, Diamondback Energy gains potential asset sale
After-Hours Stock Movers: PG&E Corp. (NYSE:PCG) 2% LOWER; A 50 million share block of PG&E Corp. is said to be offered via Morgan Stanley at a price of $16.10-$16.40, according to...
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Ladenburg Thalmann new coverage PG E Buy
A Ladenburg Thalmann analyst initiated new coverage PG E (NYSE: PCG) Buy rating and a price target of $20.50. Prior to this rating, PG E had 6 buy ratings, 6 hold ratings, and 0 sell...
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Storm kills 5 people in San Francisco Bay Area
San Francisco, March 23 (IANS) Five people died from storm-related incidents in the US' San Francisco Bay Area, local authorities said. Two San Francisco residents died from injuries in...
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