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PG&E Corp. - PCG STOCK NEWS

Welcome to our dedicated news page for PG&E (Ticker: PCG), a resource for investors and traders seeking the latest updates and insights on PG&E.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PG&E's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PG&E's position in the market.

News
PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2024
Rhea-AI Summary
PG&E reported strong financial results in the first quarter of 2024, with GAAP earnings of $0.34 per share, compared to $0.27 in 2023. Non-GAAP core earnings were $0.37 per share, up from $0.29 in the same period last year. The company updated its 2024 EPS guidance and reaffirmed its non-GAAP core EPS guidance. Safety and operational progress included completing a 300-mile gas transmission line inspection and connecting new customers. CEO Patti Poppe emphasized the focus on safety and reducing wildfire risk.
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PG&E Customers' Electricity 100% Greenhouse Gas-Free in 2023
Rhea-AI Summary
PG&E customers received 100% greenhouse gas-free electricity in 2023, with 34% from eligible-renewable resources, 53% from nuclear, and 13% from hydroelectric sources. The company also added 2,100 MW of battery storage capacity. PG&E aims to achieve carbon neutrality by 2040 and surpass emissions removal by 2050.
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Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation Foundation
Rhea-AI Summary
PG&E and The PG&E Foundation provided $31.5 million in charitable contributions in 2023, benefiting nearly 5,000 nonprofits and schools. The contributions were funded by shareholders, not customers. PG&E's Community Relations 2023 Impact Report highlighted increased charitable giving and volunteerism compared to the previous year. Key programs included STEM scholarships and support for local restaurants.
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Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate Goals
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A statewide partnership, including CEC, CPUC, CAISO, PG&E, SCE, and UC Berkeley, has applied for a $2 billion DOE grant to increase grid capacity and renewable energy in California. The project aims to lower costs for customers, boost supply, reduce renewable curtailment, streamline renewable energy project interconnection, support workforce development, and enhance energy education.
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Multiplying Aid: REACH Triple Match Provides Energy Bill Assistance to Larger Group of Income-Eligible PG&E Customers
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PG&E expands REACH Triple Match program to provide energy bill assistance to a larger group of income-eligible customers. Customers can receive up to $1,000 bill credit by making a payment. PG&E contributes $55 million to support the Dollar Energy Fund for bill assistance.
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The PG&E Corporation Foundation and PG&E Offering $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects
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PG&E Foundation and Pacific Gas and Electric Company Announce $900,000 Grants for Environmental Stewardship and Climate Resilience Projects
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When an Earthquake Strikes, Will Your Family Be Ready? Take Time During California Earthquake Preparedness Month to Shake-Proof Your Home and Business
Rhea-AI Summary
PG&E Geosciences Expert Urges Californians to Prepare for Inevitable Earthquakes by Taking Safety Measures and Using Technology
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From Miles Above, Satellite Data Helps Spot Hazardous Trees and Reduce Wildfire Risk
Rhea-AI Summary
PG&E expands contract with Planet to use satellite data for vegetation management, resulting in a 72% reduction in ignitions in high fire-risk areas in 2023.
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Planning a Project that Involves Digging? Call 811 to Know What's Below Before You Start
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Homeowners are urged to call 811 before digging to prevent damaging underground utility lines, which can cost an average of $3,500 in repair costs. Failure to call 811 led to 1,262 incidents in 2023 in Northern and Central California alone.
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PG&E Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
PG&E (NYSE: PCG) schedules a conference call on April 25, 2024, to discuss its first quarter 2024 results. The public can access the call through a webcast or toll-free replay.
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PG&E Corp.

NYSE:PCG

PCG Rankings

#277 Ranked by Market Cap
#1616 Ranked by Stock Gains
#2076 Ranked by Dividends

PCG Stock Data

35.47B
2.06B
3.34%
97.79%
1.43%
Other Electric Power Generation
Utilities
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US
San Francisco

About PCG

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