pg&e corporation, through its subsidiary, pacific gas and electric company, engages in the sale and delivery of electricity and natural gas to customers in northern and central california, the united states. it generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. as of december 31, 2019, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines, 33 electric transmission substations, approximately 107,000 circuit miles of distribution lines, 68 transmission switching substations, and 760 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 43,300 miles of distribution pipelines, approximately 6,300 miles of backbone and local transmission pipelines, and various storage facilities. it serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. the company
Company profile
Ticker
PCG, PCG-PA, PCG-PB, PCG-PD, PCG-PC, PCG-PH, PCG-PG, PCG-PE, PCG-PI
Exchange
Website
CEO
James Welsch
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
PG&E PARENT CO INC
SEC CIK
Corporate docs
Subsidiaries
Pacific Gas and Electric Company ...
IRS number
943234914
PCG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Other Events
18 Sep 23
15-12G
Securities registration termination
30 Aug 23
25-NSE
Exchange delisting
17 Aug 23
8-K
Departure of Directors or Certain Officers
16 Aug 23
10-Q
2023 Q2
Quarterly report
26 Jul 23
8-K
PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2023
26 Jul 23
8-K
Entry into a Material Definitive Agreement
26 Jun 23
8-K
Other Events
5 Jun 23
8-K
Other Events
31 May 23
8-K
Regulation FD Disclosure
24 May 23
Transcripts
PCG
Earnings call transcript
2023 Q1
4 May 23
PCG
Earnings call transcript
2022 Q4
23 Feb 23
PCG
Earnings call transcript
2022 Q3
27 Oct 22
PCG
Earnings call transcript
2022 Q2
28 Jul 22
PCG
Earnings call transcript
2022 Q1
28 Apr 22
PCG
Earnings call transcript
2021 Q3
1 Nov 21
PCG
Earnings call transcript
2020 Q4
25 Feb 21
PCG
Earnings call transcript
2020 Q3
30 Oct 20
Latest ownership filings
4
Cheryl F. Campbell
13 Sep 23
144
Notice of proposed sale of securities
12 Sep 23
SC 13G/A
Capital Research Global Investors
10 Aug 23
SC 13D/A
PG&E Fire Victim Trust
14 Jul 23
11-K
Annual report of employee stock purchases
28 Jun 23
4
Carla J Peterman
5 Jun 23
4
Rajat Bahri
23 May 23
4
Cheryl F. Campbell
23 May 23
4
Kerry Whorton Cooper
23 May 23
4
Jessica Denecour
23 May 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.06 bn | 1.06 bn | 1.06 bn | 1.06 bn | 1.06 bn | 1.06 bn |
| Cash burn (monthly) | 117.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 338.94 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 723.06 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 6.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 510 |
| Opened positions | 131 |
| Closed positions | 59 |
| Increased positions | 191 |
| Reduced positions | 115 |
| 13F shares | Current |
|---|---|
| Total value | 28.87 tn |
| Total shares | 2.06 bn |
| Total puts | 10.86 mm |
| Total calls | 13.42 mm |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| PG&E Fire Victim Trust | 247.74 mm | $3.97 bn |
| Vanguard | 224.12 mm | $3.64 tn |
| Capital Research Global Investors | 200.02 mm | $3.25 tn |
| FMR | 177.23 mm | $2.88 tn |
| BLK Blackrock | 119.55 mm | $1.94 tn |
| Capital International Investors | 85.65 mm | $1.39 tn |
| STT State Street | 84.84 mm | $1.38 tn |
| Third Point | 59.07 mm | $960.48 bn |
| T. Rowe Price | 48.85 mm | $790.22 bn |
| BX Blackstone | 47.58 mm | $773.63 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Sep 23 | Campbell Cheryl F. | Common Stock | Sell | Dispose S | No | Yes | 16.9 | 10,000 | 169.00 k | 54,153 |
| 1 Jun 23 | Carla J Peterman | Common Stock | Payment of exercise | Dispose F | No | No | 16.56 | 9,487 | 157.10 k | 41,801 |
| 19 May 23 | Edward G Cannizzaro | Common Stock | Grant | Acquire A | No | No | 0 | 10,836 | 0.00 | 10,836 |
| 19 May 23 | Carlos M Hernandez | Common Stock | Grant | Acquire A | No | No | 0 | 10,836 | 0.00 | 22,368 |
| 19 May 23 | Benjamin Francis Wilson | Common Stock | Grant | Acquire A | No | No | 0 | 10,836 | 0.00 | 48,649 |
News
Looking Into PG&E's Recent Short Interest
25 Sep 23
The Administrative Law Judges Issued A Proposed Decision And Alternate Proposed Decision In Pacific Gas And Electric Company's 2023 General Rate Case Authorize Revenue Period And Allow The Utility To Collect Approved Revenue Increases Starting In 2024
18 Sep 23
Analyst Expectations for PG&E's Future
15 Sep 23
Mizuho Reiterates Buy on PG&E, Maintains $19 Price Target
15 Sep 23
(PCG) - Analyzing PG&E's Short Interest
6 Sep 23
Press releases
Are Your Grandparents and Senior Neighbors Prepared for an Emergency? Are You Prepared to Help Them in The Event of a Disaster?
22 Sep 23
Wildfire Safety and Preparedness: The PG&E Corporation Foundation and California Fire Foundation Announce Wildfire Safety Grant Funding
21 Sep 23
PG&E Encourages Customers to Check LIHEAP Eligibility, Apply for Bill Support
20 Sep 23
We Gave a Real Family 10 Minutes to Pack and Evacuate Ahead of a Simulated Emergency. Here's What They Learned
13 Sep 23
Innovating Together: 54 Organizations Invited to Participate in PG&E's Innovation Pitch Fest September 12-14
8 Sep 23