POR Portland General Electric
Portland General Electric Co. is a vertically integrated electric utility company, which engages in the generation, purchase, transmission, distribution, and retail of electricity. The firm sells electricity and natural gas in the wholesale market to utilities, brokers, and power marketers. It also serves residential, commercial, and non-residential customers. The company was founded in 1888 and is headquartered in Portland, OR.
Company profile
Ticker
POR
Exchange
Website
CEO
James Piro
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
930256820
POR stock data
()
News
Benzinga's Top Ratings Upgrades, Downgrades For March 16, 2021
16 Mar 21
Goldman Sachs Upgrades Portland General Electric to Neutral, Announces $49 Price Target
16 Mar 21
Recap: Portland General Electric Q4 Earnings
19 Feb 21
Earnings Scheduled For February 19, 2021
19 Feb 21
Earnings Preview: Portland General Electric
18 Feb 21
Press releases
Portland General Electric schedules earnings release and conference call for Friday, April 30
1 Apr 21
Portland General Electric Co. to Host Earnings Call
19 Feb 21
Portland General Electric announces 2020 financial results and initiates 2021 earnings guidance
19 Feb 21
Portland General Electric declares dividend
17 Feb 21
Customer Participation in PGE's Green Future Impact Program Catalyzes New Renewable Energy Facility
11 Feb 21
Calendar
18 Feb 21
13 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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| Cost of revenue | |||||
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Feb 21 | Pope Maria M | Common Stock | Grant | Aquire A | No | No | 0 | 21,892 | 0 | 87,282 |
| 17 Feb 21 | Pope Maria M | Common Stock | Payment of exercise | Dispose F | No | No | 41.87 | 4,667 | 195.41K | 65,390 |
| 17 Feb 21 | Pope Maria M | Common Stock | Grant | Aquire A | No | No | 0 | 14,409 | 0 | 70,057 |
| 17 Feb 21 | John Teeruk Kochavatr | Common Stock | Grant | Aquire A | No | No | 0 | 2,685 | 0 | 8,742 |
| 17 Feb 21 | John Teeruk Kochavatr | Common Stock | Payment of exercise | Dispose F | No | No | 41.87 | 807 | 33.79K | 6,057 |
| 17 Feb 21 | John Teeruk Kochavatr | Common Stock | Grant | Aquire A | No | No | 0 | 2,219 | 0 | 6,864 |
| 17 Feb 21 | Sims Michael Brett | Common Stock | Grant | Aquire A | No | No | 0 | 1,747 | 0 | 11,399 |
| 17 Feb 21 | Sims Michael Brett | Common Stock | Payment of exercise | Dispose F | No | No | 41.87 | 182 | 7.62K | 9,652 |
| 17 Feb 21 | Sims Michael Brett | Common Stock | Grant | Aquire A | No | No | 0 | 480 | 0 | 9,834 |
| 17 Feb 21 | McFarland John Carter | Common Stock | Grant | Aquire A | No | No | 0 | 2,110 | 0 | 6,539 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
92.7% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 314 |
| Opened positions | 56 |
| Closed positions | 49 |
| Increased positions | 112 |
| Reduced positions | 95 |
13F shares |
Current |
|---|---|
| Total value | 3.8B |
| Total shares | 83M |
| Total puts | 79.6K |
| Total calls | 82.6K |
| Total put/call ratio | 1.0 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 9.24M | $395.34M |
| BLK Blackrock | 7.42M | $317.16M |
| Wellington Management | 4.01M | $171.53M |
| JPM JPMorgan Chase & Co. | 3.9M | $166.71M |
| FMR | 3.74M | $160.11M |
| Mitsubishi UFJ Trust & Banking | 3.45M | $147.6M |
| Fuller & Thaler Asset Management | 3.1M | $132.65M |
| Massachusetts Financial Services | 1.96M | $83.98M |
| STT State Street | 1.91M | $82.62M |
| Geode Capital Management | 1.88M | $80.4M |
Financial report summary
?Risks
- Development of alternative technologies may negatively impact the value of PGE’s generation facilities.
Management Discussion
- Cash Flows from Operating Activities—Cash flows from operating activities are generally determined by the amount and timing of cash received from customers and payments made to vendors, as well as the nature and amount of non-cash items, including depreciation and amortization, deferred income taxes, and pension and other postretirement benefit costs included in net income during a given period. The $21 million increase in cash flows from operating activities in 2020 compared to 2019 is due to:
- •$45 million increase in Depreciation and amortization primarily due to higher average plant balances and revision to non-utility AROs in 2020. See the Overview section of this Item 7., for more information regarding revisions made to non-utility AROs;
- •$7 million decrease related to other miscellaneous items.
Content analysis
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| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Avg
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New words:
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Removed:
anniversary, building, cease, codification, compressor, cooler, CWIP, domain, earning, easement, exhausted, expectation, extending, FASB, food, half, hedge, independently, involvement, justice, leasing, materialized, medical, merchandise, predominantly, procedural, pursued, RCRA, recently, remarket, renew, Rent, rental, repayment, Senate, smarter, sublease, sum, targeted, underground, unusually, weekly, withdrawn
Financial reports
10-K
2020 FY
Annual report
18 Feb 21
10-Q
2020 Q3
Quarterly report
29 Oct 20
10-Q
2020 Q2
Quarterly report
30 Jul 20
10-Q
2020 Q1
Quarterly report
23 Apr 20
10-K
2019 FY
Annual report
13 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
1 Aug 19
10-Q
2019 Q1
Quarterly report
25 Apr 19
10-K
2018 FY
Annual report
14 Feb 19
10-Q
2018 Q3
Quarterly report
25 Oct 18
Current reports
8-K
Entry into a Material Definitive Agreement
1 Apr 21
8-K
Portland General Electric
19 Feb 21
8-K
Regulation FD Disclosure
18 Dec 20
8-K
Entry into a Material Definitive Agreement
10 Dec 20
8-K
Portland General Electric
30 Oct 20
8-K
Portland General Electric
2 Sep 20
8-K
Portland General Electric
24 Aug 20
8-K
Portland General Electric
31 Jul 20
8-K
Entry into a Material Definitive Agreement
28 Apr 20
8-K/A
Portland General Electric
24 Apr 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
2 Aug 19
S-3ASR
Automatic shelf registration
2 Aug 19
S-3ASR
Automatic shelf registration
13 Nov 16
S-3ASR
Automatic shelf registration
11 Nov 13
424B2
Prospectus for primary offering
12 Jun 13
424B5
Prospectus supplement for primary offering
9 Jun 13
424B5
Prospectus supplement for primary offering
31 Mar 11
S-3ASR
Automatic shelf registration
17 Nov 10
424B2
Prospectus for primary offering
13 Apr 09
424B5
Prospectus supplement for primary offering
12 Apr 09
Proxies
DEFA14A
Additional proxy soliciting materials
24 Mar 21
DEFA14A
Additional proxy soliciting materials
16 Mar 21
DEF 14A
Definitive proxy
16 Mar 21
DEFA14A
Additional proxy soliciting materials
1 Apr 20
DEF 14A
Definitive proxy
11 Mar 20
DEFA14A
Additional proxy soliciting materials
11 Mar 20
DEF 14A
Definitive proxy
14 Mar 19
DEFA14A
Additional proxy soliciting materials
14 Mar 19
DEFA14A
Additional proxy soliciting materials
19 Mar 18
DEF 14A
Definitive proxy
13 Mar 18
Other
UPLOAD
Letter from SEC
26 Aug 18
CORRESP
Correspondence with SEC
14 Aug 18
UPLOAD
Letter from SEC
8 Aug 18
NO ACT
No action letter
18 Feb 16
UPLOAD
Letter from SEC
6 Oct 13
CORRESP
Correspondence with SEC
22 Sep 13
UPLOAD
Letter from SEC
8 Sep 13
UPLOAD
Letter from SEC
27 Jul 11
CORRESP
Correspondence with SEC
7 Jul 11
UPLOAD
Letter from SEC
23 Jun 11
Ownership
4
PORTLAND GENERAL ELECTRIC / Anne Frances Mersereau ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / Kristin Anne Stathis ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / Larry Neal Bekkedahl ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / Lisa Ann Kaner ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / William David Robertson ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / James A Ajello ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / Bradley Young Jenkins ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / John Carter McFarland ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / Brett Michael Sims ownership change
19 Feb 21
4
PORTLAND GENERAL ELECTRIC / MARIA M POPE ownership change
19 Feb 21
Transcripts
2020 Q4
Earnings call transcript
19 Feb 21
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
31 Jul 20
2020 Q1
Earnings call transcript
24 Apr 20
2019 Q4
Earnings call transcript
14 Feb 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
2 Aug 19
2019 Q1
Earnings call transcript
26 Apr 19
2018 Q4
Earnings call transcript
15 Feb 19
2018 Q3
Earnings call transcript
26 Oct 18
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