PG&E CEO Says Soaring Power Bills Are Poised to Start Dropping [BNN Bloomberg (Canada)]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
Check Earnings Report
US:NYSE Investor Relations:
finance.yahoo.com/quote/pg
Company Research
Source: BNN Bloomberg
PG&E Corp. customers could see bills drop as soon as next year, Chief Executive Officer Patti Poppe said in an interview Thursday. The utility, which serves Northern and Central California, has sharply raised rates as it fortifies its system against wildfires, which drove the company into bankruptcy in 2019. But the higher bills, including a 13% jump in January, have provoked a public outcry and push-back from state legislators. Read More: Power Bills Will Keep Rising Even After the Fed Tames Inflation Poppe said the recent hikes have been partly driven by the utility's need to collect revenue for its infrastructure investments from both 2023 and 2024 in this year's bills. Some of those are one-time charges that will end next year, she said. “We know that will roll off,” Poppe said. “We're going to be working hard to lower prices for our customers.” A slide in the company's latest quarterly earnings report, issued Thursday, shows a steep hike in customer bills for 2023 and 20
Show less
Read more
Impact Snapshot
Event Time:
PCG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PCG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PCG alerts
High impacting Pacific Gas & Electric Co. news events
Weekly update
A roundup of the hottest topics
PCG
News
- Popular Italian restaurant in San Francisco pivoting amid tough economic realities [Yahoo! Finance]Yahoo! Finance
- PG&E in Talks with KKR to Sell Minority Stake in Power Unit [Yahoo! Finance Canada]Yahoo! Finance Canada
- PG&E Set to Sell Power Assets to Global Investor KKR [Yahoo! Finance]Yahoo! Finance
- PG&E In Talks with KKR to Sell Minority Stake in Power Business [Yahoo! Finance]Yahoo! Finance
- PG&E In Talks with KKR to Sell Minority Stake in Power Business [BNN Bloomberg (Canada)]BNN Bloomberg
PCG
Earnings
- 4/25/24 - Beat
PCG
Sec Filings
- 5/1/24 - Form 4
- 4/30/24 - Form 144
- 4/25/24 - Form 8-K
- PCG's page on the SEC website