PG&E, headed once again to bankruptcy, is anything but a master of disaster [Los Angeles Times (CA)]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Los Angeles Times
PG&E, headed once again to bankruptcy, is anything but a master of disaster When PG&E announced Monday that departing Chief Executive Geisha Williams will receive a golden parachute of as much as $4.5 million as the Northern California utility heads once again into bankruptcy, my first thought was, “Are you kidding?” Then I remembered what company we’re talking about and I thought, “No, of course not.” PG&E has a long and unfortunate history of enriching its executives while displaying the most shameless corporate behavior imaginable. I know what I’m talking about. PG&E and I go way back. Before I became the paragon of consumer advocacy you see before you, I was shanghaied by my employer at the time, the San Francisco Chronicle, into covering the the California energy crisis that introduced us to “rolling blackouts” nearly two decades ago. That meant San Francisco-based PG&E became ground zero for my reporting, and it didn’t take long for me to establish myself as the utility’s bigges
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PCG
News
- 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
- ‘Buffett Got it Wrong' on California Fire Risk, PG&E CEO Says [BNN Bloomberg (Canada)]BNN Bloomberg
- UPDATE 1-PG&E beats quarterly profit view, eyes electricity demand growth [Yahoo! Finance]Yahoo! Finance
- PG&E beats quarterly profit view, raises annual forecast [Reuters]Reuters
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