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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 Announces Proposed Offering of $1.5 Billion Convertible Senior Secured Notes due 2027 to Repay Portion of Existing Term Loan
Rhea-AI Summary
PG&E Corporation (NYSE: PCG) plans to offer $1.5 billion aggregate principal amount of Convertible Senior Secured Notes due 2027 in a private placement. The net proceeds will be used to partially repay loans outstanding under its secured term loan credit agreement. The Convertible Notes will be secured by the pledge of PG&E Corporation's ownership interest in Pacific Gas and Electric Company and any other shares of common stock of the Utility obtained in the future. The offering is made only to qualified institutional buyers under Rule 144A of the Securities Act.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
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none
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News
PG&E Corporation Reinstates Common Stock Dividend
Rhea-AI Summary
PG&E Corporation (PCG) reinstates common stock dividend for the first time since 2017, reflecting substantial progress in becoming a safe and stable utility. The company declared a regular quarterly cash dividend of $0.01 per share, payable on January 15, 2024. This move allows PG&E to attract new sources of capital and lower-cost financing, translating into more affordable customer rates in the long term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
Tags
dividends
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News
PG&E Corporation Schedules Business Update Call
Rhea-AI Summary
PG&E Corporation (PCG) to Hold Business Update Call Following General Rate Case Decision
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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none
News
Gratitude in Every Watt: Feast on Savings with an Energy Efficient Thanksgiving
Rhea-AI Summary
Pacific Gas and Electric Company (PG&E) is helping customers save energy and money during the holiday season. The company offers tips and programs to reduce energy consumption, lower energy bills, prevent home cooking fires, and provide financial assistance to eligible customers. Additionally, PG&E provides an induction cooktop loaner program, a DIY tool kit, and an energy appliance calculator to promote energy efficiency and savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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none
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News
PG&E Coworkers Celebrate Holiday Season Giving Back Through Volunteerism in Hometowns
Rhea-AI Summary
Pacific Gas and Electric Company (PG&E): In-Person and Virtual Volunteer Events Support Nonprofits Helping At-Risk Youth, Seniors. PG&E's Campaign for our Hometowns is a holiday giving program that involves volunteering and giving back to the community in Northern and Central California. The program includes in-person and virtual volunteer events, supporting nonprofit organizations focused on at-risk youth and seniors. PG&E employees are actively participating in the program from Eureka to Bakersfield, demonstrating the company's commitment to its customers and hometowns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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none
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News
PG&E's General Rate Case Will Fund Permanent Wildfire Risk Reduction, Critical Gas and Electric Safety and Reliability Investments, and Electric Capacity Upgrades to Support New Business Connections and California's Bold Clean Energy Goals
Rhea-AI Summary
PG&E Announces CPUC-Approved Rate Changes Effective January 1, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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none
News
On Utility Scam Awareness Day, PG&E Wants to Help Customers Recognize and Avoid Utility Scams
Rhea-AI Summary
PG&E Warns Customers about Sophisticated Scams Targeting Utility Customers During the Holiday Season
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.01%
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none
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News
Rain and Wind Throughout Northern California Serves as Reminder to Practice Winter Storm Safety
Rhea-AI Summary
PG&E - Winter Storm Safety Tips and Outage Prediction Model
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.01%
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none
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News
12 Local Organizations to Receive $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects
Rhea-AI Summary
PG&E (Pacific Gas and Electric Company) Supports Climate Action with $900,000 in Grants
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
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none
News
In Line with State's Direction, PG&E Requests Federal Extension of Diablo Canyon Power Plant Operations
Rhea-AI Summary
PG&E Seeks License Renewal for Diablo Canyon Power Plant to Ensure Electrical Reliability and Clean Energy for Californians
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
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none
Stock PCG logo
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
Link
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