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
Exchange
Website
CEO
James Welsch
Employees
Incorporated
Location
Fiscal year end
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
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
4 Apr 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
8-K
Other Events
28 Feb 24
S-3ASR
Automatic shelf registration
22 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
PG&E Corporation Delivers High End of Guidance for Full-Year 2023 and Increases 2024 Earnings Guidance
21 Feb 24
8-K
The Bank of New York Mellon Trust Company, N.A., as Trustee
8 Dec 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
4 Dec 23
8-K
PG&E Corporation Announces Upsize and Pricing of $1.9 Billion Convertible Senior Secured
30 Nov 23
Transcripts
PCG
Earnings call transcript
2023 Q4
22 Feb 24
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
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 962.00 mm | 962.00 mm | 962.00 mm | 962.00 mm | 962.00 mm | 962.00 mm |
Cash burn (monthly) | 33.33 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 221.48 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 740.52 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 22.2 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
16 Mar 24 | Carolyn Jeanne Burke | Common Stock | Payment of exercise | Dispose F | No | No | 16.25 | 4,961 | 80.62 k | 20,111 |
15 Mar 24 | Marlene Santos | Common Stock | Payment of exercise | Dispose F | No | No | 16.25 | 117,844 | 1.91 mm | 204,918 |
15 Mar 24 | Marlene Santos | Common Stock | Grant | Acquire A | No | No | 0 | 213,949 | 0.00 | 322,762 |
1 Mar 24 | John R Simon | Common Stock | Grant | Acquire A | No | No | 0 | 90,362 | 0.00 | 90,521.42 |
1 Mar 24 | John R Simon | Common Stock | Gift | Acquire G | Yes | No | 0 | 65,595 | 0.00 | 346,667 |
1 Mar 24 | John R Simon | Common Stock | Gift | Dispose G | No | No | 0 | 65,595 | 0.00 | 159.42 |
1 Mar 24 | John R Simon | Common Stock | Payment of exercise | Dispose F | No | No | 16.6 | 59,248 | 983.52 k | 65,754.42 |
1 Mar 24 | John R Simon | Common Stock | Grant | Acquire A | No | No | 0 | 108,890 | 0.00 | 125,002.42 |
1 Mar 24 | Ajay Waghray | Common Stock | Payment of exercise | Dispose F | No | No | 16.6 | 20,571 | 341.48 k | 109,366 |
1 Mar 24 | Ajay Waghray | Common Stock | Grant | Acquire A | No | No | 0 | 44,494 | 0.00 | 129,937 |
News
Goldman Sachs Initiates Coverage On PG&E with Buy Rating, Announces Price Target of $21
10 Apr 24
Boeing, Nvidia, PG&E And More On CNBC's 'Final Trades'
25 Mar 24
Looking Into PG&E's Recent Short Interest
21 Mar 24
Nasdaq, S&P 500 Futures Jump As Nvidia Surge Raises 'FOMO' Rally Hopes: Analyst Tells Why Jobs Data Holds Key For Momentum
22 Feb 24
PG&E Q4 Adj. EPS $0.47 Beats $0.45 Estimate
22 Feb 24
Press releases
Multiplying Aid: REACH Triple Match Provides Energy Bill Assistance to Larger Group of Income-Eligible PG&E Customers
16 Apr 24
The PG&E Corporation Foundation and PG&E Offering $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects
10 Apr 24
When an Earthquake Strikes, Will Your Family Be Ready? Take Time During California Earthquake Preparedness Month to Shake-Proof Your Home and Business
8 Apr 24
From Miles Above, Satellite Data Helps Spot Hazardous Trees and Reduce Wildfire Risk
8 Apr 24
Planning a Project that Involves Digging? Call 811 to Know What's Below Before You Start
1 Apr 24