72 stories found
A division of Pacific Gas and Electric has criticized recently proposed state legislation for failing to adequately address long-term financing risks associated with wildfire liability and prevention.
Major energy and technology companies have formed a strategic alliance to develop a virtual power plant in California's Bay Area, aiming to optimize grid stability and renewable energy distribution.
Pacific Gas & Electric has initiated a comprehensive strategic review and postponed $2 billion in capital projects after failing to secure favorable legislation for wildfire liability costs. The utility company cited the regulatory uncertainty as a primary factor in scaling back its near-term financial commitments.
Pacific Gas and Electric Company has initiated a comprehensive operational review, simultaneously delaying planned infrastructure investments worth $2 billion for the upcoming fiscal year.
Pacific Gas and Electric Company (PG&E) shares have dropped to a 52-week low following a sustained market selloff, raising questions among investors about the utility's near-term outlook.
An analysis highlights that recent California legislative proposals fail to adequately address wildfire risk mitigation and utility accountability, falling short of PG&E reform goals.
Shares of California's largest utility company fell sharply after lawmakers failed to advance a bill that would have provided stronger financial safeguards against wildfire-related lawsuits.
Leading financial institutions have published weekly research notes and rating updates for major publicly traded companies, including Nvidia, Apple, and Deere. The reports reflect revised earnings forecasts and sector-specific investment strategies ahead of upcoming market developments.
A consumer advocacy group argues that mandatory rapid insurance payouts would have hindered the discovery of evidence linking PG&E to the Eaton Fire, recommending legislation to make such payments optional.
PG&E's stock performance is primarily influenced by the legislative calendar, indicating that regulatory and policy developments have a greater impact than typical market dynamics.
Pacific Gas and Electric (PG&E) announced it has a 12.7 GW data center pipeline, with 490 MW of projects already having executed interconnection agreements, as it seeks to attract smaller loads.
PG&E announced mixed financial results for the second quarter but reaffirmed its full-year 2026 outlook.
An article includes PG&E Corporation (PCG) in a list of the seven best EV charging infrastructure stocks recommended for purchase.
The current surge in data center development is expected to positively impact PG&E Corp. (PCG), indicating potential growth for the utility company.
PG&E has begun implementing safety power shutoffs in California as the risk of wildfires increases.
UBS has expressed a bullish outlook on PG&E Corporation (PCG), identifying it as a high-growth utility stock.
PG&E (PCG) has reaffirmed its outlook, a move that analysts suggest could be conveying a more significant message to investors.
The United States has offered a $10 million reward for information leading to the leader of an Iran-backed Iraqi armed group, identified as Kataib Sayyid al-Shuhada. This bounty targets the head of the Shiite militia, which Washington considers a terrorist organization.
Investor David Einhorn's firm has reportedly increased its stake or expressed bullish sentiment in several companies, including PG&E, Centene, Capri Holdings, and Fluor Corporation. This indicates a strategic investment move across various sectors.
Investors are anticipating several key earnings reports from major companies, including PG&E Corporation, Procter & Gamble, CenterPoint Energy, and Gilead Sciences, that are set to be released after the market closes on Thursday.
JPMorgan has increased its price target for PG&E Corporation (PCG) from $21 to $24, signaling a more optimistic outlook for the utility company.
PG&E's rating was raised by UBS, citing an improved outlook for the company due to anticipated reductions in California wildfire risks.
An article provides insights into what analysts are currently saying about PG&E Corporation (PCG).
PG&E Corporation (PCG) is experiencing gains following its FQ4 2025 earnings report, with investors now reviewing the key details of the financial results.
Major investment banks issued fresh research notes and rating adjustments across a broad range of sectors, highlighting key moves in tech, agriculture, energy, and healthcare stocks.
Pacific Gas and Electric Company's decision to postpone major infrastructure investments has sparked investor scrutiny regarding its long-term expansion plans and financial health.
Key equities including PG&E, Dell, GitLab, and Brown-Forman lead market movements during midday trading as investors digest corporate earnings and macroeconomic data.
The California Assembly adjourned without voting on a controversial wildfire liability bill, effectively killing it. Shares of PG&E and Edison International rose on the news.
Wells Fargo analysts have downgraded Pacific Gas & Electric shares, citing ongoing financial pressures and regulatory challenges impacting the utility giant's valuation.
Analysts suggest PG&E's current stock price assumes a favorable regulatory or financial resolution that is unlikely to materialize, highlighting a disconnect between market expectations and probable outcomes.
U.S. equities saw notable movement as PG&E shares declined amid rising liability expenses, while Nvidia climbed following announcements of major semiconductor manufacturing investments.
Pacific Gas and Electric released a formal statement addressing the implications of Senate Bill 492, outlining the utility’s stance on regulatory changes and their potential impact on infrastructure investments and customer rates.
PG&E and Edison shares dropped sharply as state legislators rejected Governor Newsom's proposed framework to manage wildfire-related insurance risks.
An institutional trader has reportedly made a substantial bet on PG&E stock, indicated by unusual options activity. This move suggests a significant financial position being taken on the utility company's shares.
PG&E announced its goal of achieving more than 9% annual earnings per share growth until 2030, while also confirming it does not anticipate needing new equity.
PG&E has issued a warning about planned power shutoffs affecting 10 California counties as wildfires continue to pose a significant threat to the region.
PG&E has announced that it has surpassed 1 million grid-connected solar customers, marking a significant achievement in renewable energy adoption within its service area.
Morgan Stanley has maintained its 'Equal Weight' rating for PG&E (PCG), suggesting a balanced view on the utility company's stock.
Berkshire Hathaway's latest filings for the first quarter reveal significant changes in its investment portfolio, including tripling its stake in Alphabet and making new investments in Delta and Macy's. The company also divested from several holdings, such as Amazon, UnitedHealth, Visa, Mastercard, and $8 billion in Chevron shares.
A report indicates that multiple factors contributed to the PG&E power outages experienced in San Francisco during December.
Wall Street analysts are assessing PG&E Corporation stock, with reports indicating whether their sentiment is bullish or bearish regarding the company's shares.
BUA Cement reported a significant 117% rise in quarterly profit, driven by cost efficiency. Separately, PG&E also announced an increase in its revenue and overall profit.
PG&E Corporation (PCG) is under scrutiny regarding its fair valuation following a 20% stock gain attributed to developments surrounding SB254.
A new analyst report has been released, providing insights and analysis on PG&E Corp.
Jefferies has downgraded PG&E, citing reduced confidence in the prospect of constructive wildfire liability reform for the utility company.
An analysis is being conducted on PG&E Corporation's stock performance, specifically comparing its trajectory to that of other utility stocks in the market.
Morgan Stanley has kept an 'Equal Weight' rating on PG&E Corporation (PCG), indicating a balanced view on the company's stock performance.
PG&E's CEO announced that the growth in data centers has contributed to an 11% reduction in rates since 2024.
California utility provider PG&E has launched an internal assessment of its core energy operations and capital structure to optimize efficiency and address evolving market demands.
PG&E's CEO called for renewed legislative action on wildfire victim compensation reforms after a previously shelved bill caused a sharp decline in the utility's stock price.
An analysis examines the underlying reasons driving the persistent downward trend in Pacific Gas and Electric Company's share price.
Bank of America analysts updated their market outlook for early September trading while adjusting price targets and ratings across a range of equities. The revisions highlighted strong AI-driven growth prospects for Microsoft, strategic improvements for Chipotle and General Mills, and heightened wildfire liabilities for California utilities.
Shares of major California utilities, including PG&E and Edison International, fell sharply after the state passed wildfire legislation that excludes liability protections for power companies. Investors are now bracing for increased financial exposure to future fire-related lawsuits.
Several high-profile equities posted significant intraday volatility, with utilities, tech giants, and pharmaceutical companies leading the day's most active trading sessions.
Several prominent equities are posting significant volatility before the opening bell, with Chevron, PG&E, and GameStop leading the list of biggest movers.
Utility giant PG&E experiences an 8% share price decline as investors brace for regulatory and legal decisions regarding wildfire compensation claims before the end of August.
Utility stocks PG&E and Edison International fell sharply after state lawmakers rejected a controversial wildfire prevention proposal, sparking investor concerns over future liability and infrastructure costs.
This article analyzes whether Wall Street analysts are bullish or bearish on PG&E Corporation's stock, providing insights into its market performance and future prospects.
PG&E's data center project pipeline reportedly more than doubled in the second quarter of the year, indicating significant growth in its infrastructure development.
PG&E has issued a warning about possible power shutoffs as heightened wildfire risks persist in the region.
Quanta Services declared a dividend of $0.11 per share, while PG&E announced a dividend of $0.05 per share.
New analyst reports have been released for several major corporations, including Eaton Corp PLC, PG&E Corp, and Dow Inc. These reports provide financial analysis and outlooks for the respective companies.
PG&E Corporation (PCG) announced strong financial results for the first quarter, reaffirming its full-year guidance and demonstrating solid performance.
Financial analysts are releasing Q1 earnings previews for numerous companies, including Amkor Technology and Bed Bath & Beyond. Additionally, several firms are updating price targets and ratings for companies such as Chipotle, Robinhood, and Block.
PG&E and Tesla have approved the Cybertruck and its charging systems for participation in a residential Vehicle-to-Everything (V2X) program in California.
PG&E (PCG) has received approval from the Nuclear Regulatory Commission (NRC) for a 20-year license renewal for its Diablo Canyon power plant.
Jefferies has downgraded PG&E Corporation (PCG) from 'Buy' to 'Hold' due to ongoing concerns regarding the company's potential liabilities related to wildfires.
Morgan Stanley and Barclays have both raised their price targets for PG&E (PCG) stock, reflecting increased confidence.
Analysts are showing increased interest in utility companies PG&E, Algonquin Power, and Avista, signaling potential shifts or opportunities within the sector.
PG&E has announced a dividend of $0.05 per share.
Analysts and financial experts offer advice on navigating the stock market, including recommendations for dividend stocks, high-performing companies, and long-term investment opportunities.