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PG&E Corp (PCG.N)

PCG.N on New York Stock Exchange

42.92USD
22 Jun 2018
Change (% chg)

$2.39 (+5.90%)
Prev Close
$40.53
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Volume
6,400,029
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1,227,658
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$71.57
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Latest Key Developments (Source: Significant Developments)

PG&E CFO On Conf Call Says Can't Provide Upper End Of Range For California Wildfire Charges
Thursday, 21 Jun 2018 

June 21 (Reuters) - :PG&E CORP CFO SAYS CAN'T PROVIDE UPPER END OF THE RANGE FOR CHARGES AT THIS TIME -CONF CALL.PG&E CORP CFO SAYS CO WILL FILE CAPITAL STRUCTURE WAIVER WITH CALIFORNIA PUBLIC UTILITIES COMMISSION IF BELOW THE MINIMUM EQUITY RATIO-CONF CALL.PG&E CORP CFO SAYS WILL NOT REQUIRE EQUITY, DEBT RAISE FOR $2.5 BILLION CHARGE -CONF CALL.  Full Article

Pacific Gas And Electric Says PG&E & Co To Record Estimated Pre-Tax Charge Of $2.5 Bln For Quarter Ending June 30
Thursday, 21 Jun 2018 

June 21 (Reuters) - PG&E Corp ::PACIFIC GAS AND ELECTRIC-PG&E CORP & CO TO RECORD ESTIMATED PRE-TAX CHARGE OF $2.5 BILLION FOR QUARTER ENDING JUNE 30 RELATED TO NORTHERN CALIFORNIA WILDFIRES.PACIFIC GAS AND ELECTRIC-PG&E CORP,CO TO RECORD $375 MILLION FOR PROBABLE INSURANCE RECOVERIES RELATED TO NORTHERN CALIFORNIA WILDFIRES FOR QUARTER ENDING JUNE 30.PACIFIC GAS AND ELECTRIC- AS OF JUNE 18, RECEIVED ABOUT 200 COMPLAINTS ON BEHALF OF AT LEAST 2,700 PLAINTIFFS RELATED TO NORTHERN CALIFORNIA WILDFIRES.  Full Article

PG&E Responds To CAL FIRE Announcement
Saturday, 26 May 2018 

May 25 (Reuters) - PG&E Corp ::PG&E RESPONDS TO CAL FIRE ANNOUNCEMENT.RESPONSE TO RELEASE OF INFORMATION BY CAL FIRE REGARDING SOME OF OCTOBER 2017 NORTHERN CALIFORNIA WILDFIRES.BASED ON INFORMATION CO HAS SO FAR, BELIEVES OVERALL PROGRAMS MET STATE'S HIGH STANDARDS.  Full Article

Pacific Gas And Electric Co Offers To Exchange Up To $1.15 Bln Of 3.30 Pct Senior Notes Due Dec 1, 2027
Friday, 13 Apr 2018 

April 13 (Reuters) - Pacific Gas And Electric Co ::PACIFIC GAS AND ELECTRIC CO SAYS OFFER TO EXCHANGE UP TO $500 MLN OF ITS FLOATING RATE SENIOR NOTES DUE NOVEMBER 28, 2018 - SEC FILING.SAYS ALSO OFFERS TO EXCHANGE UP $1.15 BLN OF 3.30 PCT SENIOR NOTES DUE DEC 1, 2027.SAYS ALSO OFFERS TO EXCHANGE UP TO $850 MLN OF ITS 3.95 PCT SENIOR NOTES DUE DECEMBER 1, 2047.  Full Article

PG&E To Confer With Diablo Canyon Joint Proposal Parties On Path Forward After CPUC Decision
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - PG&E ::AFTER CPUC DECISION, PG&E TO CONFER WITH DIABLO CANYON JOINT PROPOSAL PARTIES ON PATH FORWARD.SAYS ‍SINCE FULL PROPOSAL WAS NOT APPROVED, CO WILL MEET TO CONFER WITH LABOR, COMMUNITY, ENVIRONMENTAL GROUP PARTNERS IN DAYS AHEAD ABOUT DECISION​.  Full Article

PG&E Says California Needs "Much Broader Reforms" To Address Impacts Of Climate Change
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Pg&E Corp ::PG&E STATEMENT ON CALIFORNIA SENATE BILL 819.PG&E - "THERE HAS BEEN NO DETERMINATION ON CAUSES OF NORTHERN CALIFORNIA WILDFIRES THAT TOOK PLACE IN OCTOBER".PG&E - DESPITE NO DETERMINATION ON CAUSE OF WILDFIRES, CALIFORNIA NEEDS "MUCH BROADER REFORMS" TO ADDRESS IMPACTS OF CLIMATE CHANGE.  Full Article

PG&E Announces Suspension Of Dividend, Citing Uncertainty Related To Causes And Potential Liabilities Associated With Northern California Wildfires
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - PG&E Corp ::PG&E ANNOUNCES SUSPENSION OF DIVIDEND, CITING UNCERTAINTY RELATED TO CAUSES AND POTENTIAL LIABILITIES ASSOCIATED WITH NORTHERN CALIFORNIA WILDFIRES.PG&E - DETERMINED TO SUSPEND QTRLY DIVIDEND, BEGINNING WITH Q4, CITING UNCERTAINTY RELATED TO LIABILITIES ASSOCIATED WITH NORTHERN CALIFORNIA WILDFIRES.PG&E- BOARD OF CORP'S UTILITY UNIT, PACIFIC GAS AND ELECTRIC CO, DETERMINED TO SUSPEND DIVIDEND ON UTILITY'S PREFERRED STOCK.  Full Article

PG&E - Tony Earley To Retire from Role as Executive Chair and Member of PG&E Corp Board
Monday, 4 Dec 2017 

Dec 4 (Reuters) - PG&E Corp ::PG&E - EXECUTIVE CHAIR TONY EARLEY, JR., TO RETIRE FROM PG&E & PACIFIC GAS AND ELECTRIC CO BOARDS AND AS A PG&E CORPORATION EMPLOYEE EFFECTIVE DEC. 15.  Full Article

Pacific Gas And Electric Co - Co Commenced Private Offering Of Floating Rate Senior Notes Due 2018, Among Others ‍​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Pacific Gas And Electric Co ::PACIFIC GAS AND ELECTRIC CO - CO COMMENCED PRIVATE OFFERING OF FLOATING RATE SENIOR NOTES DUE 2018, AMONG OTHERS ‍​.PACIFIC GAS AND ELECTRIC CO - ‍ALSO COMMENCED A PRIVATE OFFERING OF FIXED RATE SENIOR NOTES DUE 2027 FIXED RATE SENIOR NOTES DUE 2047 - SEC FILING​.PACIFIC GAS AND ELECTRIC-POST CONSUMMATION,CO TO USE NET PROCEEDS TO REPAY $700 MILLION OUTSTANDING PRINCIPAL AMOUNT OF ITS 5.625% SENIOR NOTES DUE NOV 30‍​.PACIFIC GAS AND ELECTRIC CO - POST CONSUMMATION, CO TO ALSO USE NET PROCEEDS TO REPAY $250 MILLION OUTSTANDING FLOATING RATE SENIOR NOTES DUE NOV 30​.PACIFIC GAS AND ELECTRIC CO- POST CONSUMMATION, CO TO ALSO USE NET PROCEEDS ‍TO REPAY $250 MILLION FLOATING RATE UNSECURED TERM LOAN MATURING FEB 22,2018​.  Full Article

PG&E Corp Q3 operating revenue $4,517 million
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - PG&E Corp :Qtrly non-GAAP earnings from operations $1.12 per share‍​.Says updating 2017 guidance for projected GAAP earnings to the range of $3.36 to $3.56 per share‍​.Says reaffirming 2017 guidance for projected non-GAAP earnings in the range of $3.55 to $3.75 per share‍​.Qtrly GAAP net income was $1.07 per share.Qtrly total operating revenues $4,517 million versus $4,810‍​ million.Q3 earnings per share view $0.91, revenue view $4.82 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.67 -- Thomson Reuters I/B/E/S.  Full Article

PG&E takes $2.5 billion charge related to California wildfires

PG&E Corp will record $2.5 billion in pre-tax expenses in the second quarter related to wildfires in California, the electric utility said on Thursday, two weeks after state officials blamed its power lines for sparking the fires.