Wildfires Make Utilities a Tricky Investment. Just Ask Warren Buffett. [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
Most Read from The Wall Street Journal Hash Out the Inheritance Now, or Fight Your Family Later In the City, Personal Safety Starts With Your Smartphone Earnings Season to Test Stock-Market Rally What One Employer Found When It Started Providing Child Care Do Kwon Lost to the SEC. The U.S. Is Piling Up Other Crypto Wins, Too. PacifiCorp, a utility company owned by Buffett's Berkshire Hathaway, has incurred hundreds of millions of dollars in liability costs tied to a series of Oregon wildfires in 2020 and might owe hundreds of millions more. In his most recent annual letter, Buffett told shareholders that he might rethink utility investments in states at high risk of wildfire. “We will not knowingly throw good money after bad,” he wrote in his February letter Buffett's salvo reflects a growing reluctance among investors to own utilities in the West and elsewhere as drought and climate change heighten the risk of deadly and destructive wildfires. Utility companies in Ca
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PCG
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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