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PG&E (PCG)

Company Profile

Company profile

Ticker

PCG, PCG+X

Exchange

Website

www.pgecorp.com

CEO

Ms. Patricia Kessler Poppe

Incorporated

Location

Fiscal year end

Sector

Utilities > Electric Utilities

Industry (SIC)

Electric & Other Services Combined

Duke Energy • Exelon • Pacific Gas & Electric • Entergy Utility Group, Inc. 1ST MTG BD 66 • Consolidated Edison • Xcel Energy • Public Service Enterprise • NiSource • Ameren • Ameren Illinois ...

Former names

PG&E PARENT CO INC

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Pacific Gas and Electric Company ...

IRS number

943234914

PCG stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$23.25

Low target

$20.00

High target

$25.00

Latest filings (excl ownership)

View all

Departure of Directors or Certain Officers

Certification of approval for exchange listing

Registration of securities on exchange

Entry into a Material Definitive Agreement

PG&E Corporation Announces Launch of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock

Prospectus for primary offering

Prospectus for primary offering

Free writing prospectus

Prospectus for primary offering

Transcripts

View all

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

View all

Notice of proposed sale of securities

Patricia K Poppe

Notice of proposed sale of securities

III MARK E FERGUSON

VANGUARD GROUP INC

VANGUARD GROUP INC

Stephanie N Williams

Notice of proposed sale of securities

Annual report of employee stock purchases

Carla J Peterman

Financial summary

Financial statements Chart PCG financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.23 bn	1.23 bn	1.23 bn	1.23 bn	1.23 bn	1.23 bn
Cash burn (monthly)	107.33 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	299.65 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	930.35 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	8.7	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from PG&E earnings reports.

Institutional ownership, Q4 2022

PCG institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	510	438	+16.4%
Opened positions	131	66	+98.5%
Closed positions	59	70	-15.7%
Increased positions	191	154	+24.0%
Reduced positions	115	125	-8.0%

13F shares	Current	Prev Q	Change
Total value	28.87 tn	29.12 bn	+99044.2%
Total shares	2.06 bn	2.08 bn	-0.8%
Total puts	10.86 mm	9.12 mm	+19.1%
Total calls	13.42 mm	27.10 mm	-50.5%
Total put/call ratio	0.8	0.3	+140.4%

Largest owners	Shares	Value	Change
PG&E Fire Victim Trust	247.74 mm	$3.97 bn	-34.4%
Vanguard	224.12 mm	$3.64 tn	+2.1%
Capital Research Global Investors	200.02 mm	$3.25 tn	-0.3%
FMR	177.23 mm	$2.88 tn	-5.3%
BLK BlackRock	119.55 mm	$1.94 tn	+6.8%
Capital International Investors	85.65 mm	$1.39 tn	+55.1%
STT State Street	84.84 mm	$1.38 tn	NEW
Third Point	59.07 mm	$960.48 bn	-6.8%
T. Rowe Price	48.85 mm	$790.22 bn	-17.0%
BX Blackstone	47.58 mm	$773.63 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
PG&E Fire Victim Trust	247.74 mm	-130.00 mm	-34.4%
STT State Street	84.84 mm	+84.84 mm	NEW
JPM JPMorgan Chase & Co.	43.32 mm	+34.31 mm	+380.7%
Capital International Investors	85.65 mm	+30.43 mm	+55.1%
Gallagher Fiduciary Advisors	24.72 mm	-29.52 mm	-54.4%
Oaktree Capital Management	7.75 mm	-17.00 mm	-68.7%
Citadel Advisors	13.54 mm	+13.43 mm	+11806.2%
Norges Bank	11.37 mm	+11.37 mm	NEW
T. Rowe Price	48.85 mm	-10.00 mm	-17.0%
FMR	177.23 mm	-9.87 mm	-5.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PCG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Dec 24	Poppe Patricia K	Common Stock	Sell	Dispose S	Yes	Yes	20.66	55,555	1.15 mm	1,460,222
12 Nov 24	Ferguson Iii Mark E	Common Stock	Gift	Acquire G	Yes	No	0	48,683	0.00	48,683
12 Nov 24	Ferguson Iii Mark E	Common Stock	Gift	Dispose G	No	No	0	48,683	0.00	9,687.38
15 Aug 24	Stephanie N Williams	Common Stock	Sell	Dispose S	No	Yes	18.32	38,601	707.17 k	19,114
1 Jun 24	Carla J Peterman	Common Stock	Payment of exercise	Dispose F	No	No	18.54	49,300	914.02 k	119,162
1 Jun 24	Carla J Peterman	Common Stock	Grant	Acquire A	No	No	0	78,468	0.00	168,462
17 May 24	Smith William Lloyd	Common Stock	Grant	Acquire A	No	No	0	9,677	0.00	231,750

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

5 High-Flying Stocks In Dan Loeb's Portfolio: Cinemark, Corpay, Amazon Lead

Dan S. Loeb, founder of Third Point, a $7B hedge fund, is known for bold activist strategies that drive transformation in global companies.

UBS Maintains Buy on PG&E, Lowers Price Target to $24

UBS analyst Gregg Orrill maintains PG&E (NYSE:PCG) with a Buy and lowers the price target from $26 to $24.

Vistra, Entergy, NiSource, PG&E: 4 Utilities Power Up For Bullish 2025, Says JPMorgan

JPMorgan analysts predict North American utilities are poised for a strong 2025, with top picks including Vistra, Entergy, NiSource and PG&E.

The Wall Street Journal Reported Biden Administration Agrees To $15B Loan To PG&E To Support Projects Aimed At Fighting The Effects Of Climate Change, Improving The Electrical Grid

Reported Earlier, PG&E Prices $2.354B Concurrent Offerings Of 48,661,800 Common Stock At $20.55/Share And 28M Preferred Stock At $50/Share

Press releases

From Benzinga Pro

Leo P. Denault, Former Chairman and Chief Executive Officer of Entergy Corporation, to Join PG&E Boards of Directors

OAKLAND, Calif., Dec. 16, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) today announced the appointment of Leo P. Denault to the Boards of Directors of PG&E Corporation and its subsidiary, Pacific Gas and

More Than $250,000 in College Scholarships Now Available from PG&E for Students in Northern and Central California

Application Deadline is March 22, 2025 OAKLAND, Calif., Dec. 16, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that scholarship applications are now being accepted for college-bound

PG&E Readies Resources, Crews Ahead of Storm Bringing Heavy Rain and Wind to Northern California

OAKLAND, Calif., Dec. 13, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) has positioned crews and resources across its service area to support the safe and swift response repair to damage and restore

PG&E Corporation Announces Pricing of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock

PG&E Corporation Announces Launch of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock

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