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A $16.6 billion undergrounding plan targets $6 billion in long-term savings, positioning infrastructure investment as the path to unlocking shareholder value.

CEO Patti Poppe said the company’s credit rating “is a major issue that must be solved ... [legislative] inaction will continue to get increasingly expensive for our customers.”

Wells Fargo analyst Shahriar Pourreza maintains PG&E (NYSE:PCG) with a Equal-Weight and lowers the price target from $24 to $14.

PG&E (NYSE:PCG) told California regulators that a potential San Francisco municipal takeover could cost about $22.5b. The utility's new filing details projected severance damages and costs to physically separate San Francisco's grid from its wider network. PG&E's leadership formally opposed the proposal in testimony that argues the plan leaves key financial and operational questions unresolved. The fresh $22.5b estimate for a San Francisco grid takeover is only one piece of the wider PG&E...

Strategic review underway to address wildfire risk discounts on company assets.

PG&E's Chief Executive Officer Patty Poppe told investors on an earnings call today that she expects that a Public Utilities Commission (PUC) report due out November 1st and Assembly hearings next week to make the case for a special session utility bailout – showing coordination with both bodies.


PG&E (NYSE:PCG) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For

PCG's Q3 earnings fall 18% amid lower authorized returns and tax impacts, while its data center pipeline expands and 2026 earnings guidance remains unchanged.
Investing.com -- On Thursday, PG&E Corporation (NYSE:PCG) reported third quarter adjusted earnings of $0.41 per share, missing analyst estimates of $0.42, while revenue of $6.19 billion fell short of the consensus estimate of $6.82 billion.

PG&E (PCG) delivered earnings and revenue surprises of -2.38% and -6.04%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?

(AP) — Pacific Gas & Electric Co. (PCG) on Thursday reported third-quarter net income of $776 million.
Pacific Gas and Electric Company (PG&E) on Tuesday responded to the City and County of San Francisco's (CCSF) petition asking the California Public Utilities Commission (CPUC) to determine the value of PG&E's electric distribution grid in San Francisco.

Filing Includes $8.6 Billion in Business Severance Damages and Physical Separation Costs that the City's Valuation Does Not Yet Address OAKLAND, Calif., Oct. 21, 2026 /PRNewswire/ -- Pacific Gas and Electric Company

Pacific Gas and Electric Company (PG&E) continues to closely monitor a statewide fire weather system that could require a Public Safety Power Shutoff (PSPS) event beginning Wednesday evening, October 14. Approximately 88,000 customers across 29 counties are currently in scope for the event. Customers have received multiple notices, and PG&E will notify customers again within four hours of their planned power shutoff.

Pacific Gas and Electric Company (PG&E) continues to monitor a potential dry offshore wind event forecasted to start Wednesday evening, October 14, lasting through Saturday morning, October 17. This is a statewide fire weather event, and the National Weather Service has issued a Red Flag Warning for parts of Kern County, primarily around Lebec, as well as a Fire Weather Watch extending from Bakersfield across the southern plains from San Luis Obispo to Santa Barbara.
Pacific Gas and Electric Company (PG&E) is monitoring a potential dry offshore wind event forecasted to start Wednesday evening, October 14 through Saturday evening October 17. The strongest winds are expected in the Sierra, southern Central Coast and portions of the North and East Bay. Given this wind event and current dry conditions, including extremely dried vegetation, PG&E sent one-day advance notifications Tuesday afternoon to customers in targeted areas where PG&E may need to proactively

Expanded Deployment of Itron Grid Edge Intelligence Delivers Unprecedented Fault Classification to Reduce Wildfire Risk and Improve ReliabilityItron and PG&E are advancing grid edge intelligence to help reduce wildfire risk and improve grid reliability in California communities.Grid edge intelligence provides real-time visibility to detect, classify and pinpoint potential faults across the distribution grid.Actionable insights support earlier intervention, faster crew response, and fewer and sho
Barclays analyst Nicholas Campanella maintains PG&E (NYSE:PCG) with a Overweight and lowers the price target from $18 to $17.

JP Morgan analyst Aidan Kelly maintains PG&E (NYSE:PCG) with a Overweight and lowers the price target from $18 to $17.

California utility PG&E Corp (NYSE:PCG) was downgraded to 'neutral' from 'buy' by UBS, which lowered its price target to $14 from $19 as the bank sees a growing risk that California wildfire liability reform will not advance this year. UBS said the likelihood of action on wildfire...

UBS analyst Gregg Orrill downgrades PG&E (NYSE:PCG) from Buy to Neutral and lowers the price target from $19 to $14.

With wildfire season a year-round reality in California, sustained prevention and preparedness efforts remain essential for communities throughout the state. To strengthen these ongoing preparedness efforts, the California Fire Foundation (CFF), with support from The PG&E Corporation Foundation (PG&E Foundation), has awarded $1 million in wildfire safety grants to 75 local fire departments, fire agencies and nonprofit organizations in Northern and Central California.

https://www.gov.ca.gov/2026/09/22/governor-newsom-delivers-886-million-in-utility-bill-relief-with-millions-of-households-receiving-an-average-of-75-this-summer/
PG&E Corporation recently declared a past third quarter 2026 regular cash dividend of US$0.05 per share, while its utility subsidiary advanced more than US$73.00 million in community microgrid investments across multiple Northern and Central California counties to enhance local clean energy resilience during outages. This combination of shareholder cash returns and grid-resilience spending highlights how PG&E is balancing capital allocation between immediate income and long-term system...

PG&E (NYSE:PCG) announced a new phase of its community microgrid program, backed by US$73 million in funding commitments. The utility disclosed fresh grant agreements and a second round of awards to support local clean energy resilience projects. New funding extends PG&E’s community microgrid efforts into additional regions that have faced recurring outage and reliability concerns. PG&E’s latest community microgrid funding round only captures one piece of how its resilience push could...
PG&E (PCG) reaffirmed its regular shareholder payout, declaring a third quarter 2026 cash dividend of $0.05 per share, payable on October 15 to investors of record on September 30. PG&E shares trade at US$13.20 after a steep 30 day share price return that is down 25.21% and a year to date share price return that is down 18.87%, while the 5 year total shareholder return remains positive at 35.11%. Scan beyond PG&E and size up other regulated utilities under pressure from rate hikes and heavy...

Morgan Stanley analyst David Arcaro maintains PG&E (NYSE:PCG) with a Equal-Weight and lowers the price target from $22 to $20.

Pacific Gas and Electric Company, the regulated utility subsidiary of PG&E Corporation (NYSE:PCG), said California Senate Bill 492 would improve wildfire-survivor recovery and strengthen preparedness, but would not resolve the financing risk created by the state’s wildfire-liability framework. The amended bill would establish a fast-pay claims program, would expand statewide preparedness planning, and would adjust […]

B of A Securities analyst Ross Fowler maintains PG&E (NYSE:PCG) with a Neutral and raises the price target from $13 to $14.

California utility Pacific Gas and Electric (PG&E) on September 3 announced SHARE (Smart Home Assets for Reliability and Efficiency), a first-of-its-kind virtual power plant designed to help communities benefit from rising electric demand, while improving affordability and reliability for all customers. PG&E, together with Rewiring America, Google, Carrier Global Corporation, Tesla, Sunrun, Renew Home, Demand […]

Explore the S&P500 index on Thursday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest.
Mizuho analyst Anthony Crowdell maintains PG&E (NYSE:PCG) with a Neutral and lowers the price target from $16 to $14.

PG&E is connecting thousands of smart-home devices into a virtual power plant that could reshape how utilities manage peak electricity demand.
The idea of the project is to build a virtual power plant that connects thousands of smaller energy resources such as home batteries and smart appliances

Broadcom upgraded, Ultragenyx downgraded: Wall Street's top analyst calls
Markets wobble heading into the Labor Day weekend as bond vigilantes push back against Washington, oil stays tense with Middle East strikes escalating, and Wall Street analysts make bold calls on names ranging from Broadcom to Moderna that could reshape your portfolio positioning.
Truist Securities analyst Richard Sunderland downgrades PG&E (NYSE:PCG) from Buy to Hold and lowers the price target from $21 to $17.

The company said the steps preserve vital safety and compliance spending while cutting near-term borrowing costs for customers in California, US.

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