UPDATE 1-PG&E beats quarterly profit view, eyes electricity demand growth [Yahoo! Finance]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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US:NYSE Investor Relations:
finance.yahoo.com/quote/pg
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Source: Yahoo! Finance
profit and raised its full-year earnings forecast on Thursday, helped by higher electricity rates and lower operating and wildfire-related costs. Last year, the California Public Utilities Commission (CPUC) voted to approve PG&E's infrastructure plan that would lead customer bills to rise by nearly 13%. The Oakland, California-based company's operating expenses fell 17% to $4.59 billion in the three months of 2024 compared with the same quarter a year earlier, partly due to lower fuel costs. Lower costs related to the Wildfire Fund amortization expense also helped the earnings of the company. In January, the CPUC also approved a $45 million settlement for the utility's part in the destructive 2021 Dixie wildfire, which in 2021 resulted in more than 963,000 acres (390,000 hectares) being burned across multiple counties. PG&E is the parent company of Pacific Gas and Electric Company that serves 16 million Californians across a 70,000-square mile (181,300-square kilometer) servic
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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