PG&E Shares Tumbles as Fast-Moving Wildfire Rages in California's Wine Country [TheStreet.com]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: TheStreet.com
PG&E Shares Tumbles as Fast-Moving Wildfire Rages in California's Wine Country Shares of PG&E Corp. ( PCG Get Report The stock ended off $1, or 12.2%, at $7.20. The cause of the Kincade fire, which started late Wednesday, is still under investigation, but it comes as PG&E cut power as a precaution to around 200,000 customers in Northern California during windy, dry weather this week. Public safety officials ordered the evacuation of the entire town of Geyserville, whose population is about 1,000 people. More than 300 firefighters and 50 fire engines are fighting the blaze, which was still at 0% containment Thursday morning. Published reports and photos on Twitter show burned out buildings and homes in the region. Deadly wildfires in Northern California in 2017 and 2018, blamed on PG&E, killed scores of people and caused billions of dollars in damage. The utility ultimately sought bankruptcy protection under the weight of huge fire liabilities. Earlier this fall, the company began impo
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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