California's Alisal Fire has prompted evacuations, road and Amtrak closures. And the heavy winds are making it hard to tame [CNN]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: CNN
The 13,400-acre fire, burning 20 miles northwest of Santa Barbara in Refugio Canyon, was 5% contained as of late Tuesday. The fire grew quickly after sparking on Monday, officials said. The cause is unknown. "Significant fire activity continues with critically low fuel moisture and wind driven fire runs," fire officials said in a Tuesday update on InciWeb , a clearinghouse for wildfire information in the US. "The main constraint has been heavy winds that have limited safe access to suppress the fire and limited the use of aircraft to engage and support fire suppression," the update said. California has had a devastating wildfire season that has been exacerbated by the climate crisis, which has been creating ideal weather conditions for fires to spark and expand. And given that nearly 90% of the state is experiencing conditions as harsh as extreme drought -- the second most severe category according to the US Drought Monitor -- putting out the fires is that much harder. The
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PCG
News
- PG&E Co. (NYSE: PCG) had its price target raised by analysts at Barclays PLC from $20.00 to $21.00. They now have an "overweight" rating on the stock.MarketBeat
- PG&E First Quarter 2024 Earnings: Revenues Disappoint [Yahoo! Finance]Yahoo! Finance
- Economic And Business Impacts Of FTC's Noncompete Ban [Forbes]Forbes
- PG&E CEO Says Soaring Power Bills Are Poised to Start Dropping [BNN Bloomberg (Canada)]BNN Bloomberg
- Warren Buffett 'got it wrong' on California fire risk, PG&E CEO says [Seeking Alpha]Seeking Alpha
PCG
Earnings
- 4/25/24 - Beat
PCG
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/4/24 - Form ARS
- PCG's page on the SEC website