Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation's cleanest energy to 16 million people in Northern and Central California.
Company profile
Ticker
PCG+A, PCG+B
Exchange
Website
CEO
Anthony Earley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PG&E Corporation ...
IRS number
940742640
PCG+A stock data
Latest filings (excl ownership)
8-K
Other Events
30 Mar 23
424B2
Prospectus for primary offering
29 Mar 23
FWP
Free writing prospectus
28 Mar 23
424B5
Prospectus supplement for primary offering
28 Mar 23
8-K
Departure of Directors or Certain Officers
15 Mar 23
8-K
Departure of Directors or Certain Officers
27 Feb 23
10-K
2022 FY
Annual report
22 Feb 23
8-K
Results of Operations and Financial Condition
22 Feb 23
8-K/A
Departure of Directors or Certain Officers
21 Feb 23
8-K
Departure of Directors or Certain Officers
10 Feb 23
Transcripts
PCG+A
Earnings call transcript
2021 Q4
10 Feb 22
PCG+A
Earnings call transcript
2021 Q2
29 Jul 21
PCG+A
Earnings call transcript
2021 Q1
29 Apr 21
PCG+A
Earnings call transcript
2020 Q2
30 Jul 20
PCG+A
Earnings call transcript
2018 Q3
5 Nov 18
PCG+A
Earnings call transcript
2018 Q2
26 Jul 18
PCG+A
Earnings call transcript
2018 Q1
3 May 18
PCG+A
Earnings call transcript
2017 Q4
9 Feb 18
PCG+A
Earnings call transcript
2017 Q3
2 Nov 17
Latest ownership filings
3
Edward G Cannizzaro
6 Mar 23
SC 13G
Shaolin Capital Management LLC
22 Feb 23
SC 13G/A
Newtyn Management, LLC
14 Feb 23
SC 13G/A
STONEHILL CAPITAL MANAGEMENT LLC
13 Feb 23
4
Change in insider ownership
3 Feb 23
4
Change in insider ownership
1 Feb 23
4
Change in insider ownership
30 Jan 23
4
Change in insider ownership
26 Jan 23
4
Change in insider ownership
24 Jan 23
4
Change in insider ownership
20 Jan 23
Financial summary
| Quarter (USD) | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| 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) | 307.00 mm | 307.00 mm | 307.00 mm | 307.00 mm | 307.00 mm | 307.00 mm |
| Cash burn (monthly) | 41.33 mm | 26.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 620.81 mm | 400.52 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -313.81 mm | -93.52 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -7.6 | -3.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
83.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 520 |
| Opened positions | 134 |
| Closed positions | 53 |
| Increased positions | 194 |
| Reduced positions | 119 |
| 13F shares | Current |
|---|---|
| Total value | 28.93 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Feb 23 | Newtyn Management | First pref stock, par value $25, 4.36% series A redeemable | Sell | Dispose S | Yes | No | 16.21 | 500 | 8.11 k | 102,988 |
| 2 Feb 23 | Newtyn Management | First pref stock, par value $25, 5% series A redeemable | Sell | Dispose S | Yes | No | 17.866 | 4,930 | 88.08 k | 65,061 |
| 2 Feb 23 | Newtyn Management | First pref stock, par value $25, 5% redeemable | Sell | Dispose S | Yes | No | 17.999 | 1,500 | 27.00 k | 150,537 |
| 2 Feb 23 | Newtyn Management | First pref stock, par value $25, 5.50% nonredeemable | Sell | Dispose S | Yes | No | 20.215 | 1,000 | 20.22 k | 240,477 |
| 2 Feb 23 | Newtyn Management | First pref stock, par value $25, 6% nonredeemable | Sell | Dispose S | Yes | No | 22.44 | 17,940 | 402.57 k | 151,396 |
| 1 Feb 23 | Newtyn Management | First pref stock, par value $25, 4.36% series A redeemable | Sell | Dispose S | Yes | No | 16.18 | 1,000 | 16.18 k | 103,488 |
| 1 Feb 23 | Newtyn Management | First pref stock, par value $25, 5% redeemable | Sell | Dispose S | Yes | No | 17.97 | 650 | 11.68 k | 152,037 |
| 1 Feb 23 | Newtyn Management | First pref stock, par value $25, 5.50% nonredeemable | Sell | Dispose S | Yes | No | 19.634 | 901 | 17.69 k | 241,477 |
| 1 Feb 23 | Newtyn Management | First pref stock, par value $25, 6% nonredeemable | Sell | Dispose S | Yes | No | 21.95 | 12,500 | 274.38 k | 169,336 |
| 31 Jan 23 | Newtyn Management | First pref stock, par value $25, 4.80% redeemable | Sell | Dispose S | Yes | No | 17.45 | 500 | 8.73 k | 135,755 |