4 - PG&E Corp (0001004980) (Issuer)

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First-of-its-kind, proactive peak load shifting and shaping program will dispatch residential home batteries and leverage smart home electrical panels to enhance local grid reliability OAKLAND, Calif., March 24, 2025 /PRNewswire/ -- Pacific Gas & Electric Company (PG&E) today announced the launch of Seasonal Aggregation of Versatile Energy (SAVE), an Electric Program Investment Charge (EPIC) demonstration and a first-of-its-kind virtual power plant (VPP) that harnesses residential distributed energy resources to reduce local grid constraints. Working with multiple aggregators

SAN FRANCISCO, March 24, 2025 (GLOBE NEWSWIRE) -- Sunrun (NASDAQ:RUN), the nation's leading provider of clean energy as a subscription service, today announced a new innovative partnership with Pacific Gas and Electric Company (PG&E). The collaboration will utilize hundreds of Sunrun solar-plus-storage customer homes to deliver targeted load relief to neighborhoods identified with highly constrained electric grids. The goal of this approach is to help avoid or defer growth-related distribution investments, reducing costs for ratepayers. The Sunrun-operated program will be activated for up to 100 hours from June through October and include approximately 600 Sunrun customers residing in

Small Business Customers Also Receive Credit OAKLAND, Calif., March 17, 2025 /PRNewswire/ -- Millions of Pacific Gas and Electric Company (PG&E) customers will automatically receive the California Climate Credit on their April energy bill.  Residential households with an active electric account will receive an electric credit of $58.23. Residential households with an active gas account will receive a credit of $67.03. Customers receiving both gas and electric service from PG&E will receive a total April credit of $125.26. Residential and eligible small business customers recei

OAKLAND, Calif., March 13, 2025 /PRNewswire/ -- General Motors has joined Pacific Gas & Electric Company's (PG&E) residential Vehicle-to-Everything pilot program, providing eligible customers in Northern and Central California with incentivized pricing for qualifying GM Energy home energy products. GM Energy is working with utilities like PG&E to leverage GM's bidirectional EV charging technology, which allows compatible GM EVs to supply power back to homes during outages and, in the future, can support the grid by helping balance energy demand, with the goal of ultimately hel

OAKLAND, Calif., March 11, 2025 /PRNewswire/ -- Ahead of the winter storm forecast to deliver strong wind gusts and heavy rain for much of Pacific Gas and Electric Company's (PG&E) service area this week, the company has readied crews and resources to safely and swiftly respond to storm-related outages. PG&E Meteorology Storm Forecast and Preparations  PG&E has operationalized 1600 weather stations across its service area, 1400 of which are equipped with artificial intelligence (AI) or advanced machine learning capabilities. PG&E's in-house meteorologists combine this technolo

PG&E Customers Lost Nearly $650,000 to Scammers During 2024 OAKLAND, Calif., March 3, 2025 /PRNewswire/ -- During 2024, Pacific Gas and Electric Company (PG&E) customers lost nearly $650,000 to utility scammers. To help combat this alarming trend, PG&E is joining the Federal Trade Commission (FTC) to help customers recognize and avoid potential scams during National Consumer Protection Week from March 2-8, 2025. Scams targeting utility customers continue at an alarming rate. In fact, during 2024, PG&E received over 26,000 reports from customers who were targeted by scammers im

OAKLAND, Calif., Feb. 21, 2025 /PRNewswire/ -- On February 20, 2025, PG&E Corporation (NYSE: PCG) declared its first quarter 2025 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on April 15, 2025, to shareholders of record as of March 31, 2025. In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending April 30, 2025, to be payable on May 15, 2025, to shareholders of record as of April 30, 2025. PG&E will pay div

New Energy Demand from Data Centers to Help Lower Costs for Electric Customers 'Rule 30' Tariff Proposal Establishes a Streamlined, Equitable Process for Connecting Large Demand Customers like Data Centers and Tech Campuses OAKLAND, Calif., Feb. 13, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is working to serve approximately 5.5 gigawatts (GW) of new data center energy demand over the next decade, with 1.4 GW currently in final design and projected to come online between 2026 and 2030.   To put this in perspective, 1 GW is enough power to serve the demand of about 750,000 homes at once. The 1.4 GW of new data center load comes from 15 customers a

OAKLAND, Calif., Feb. 13, 2025 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) delivered solid financial results in 2024 and is on track to deliver beyond: GAAP earnings were $0.30 per share for the fourth quarter of 2024, compared to earnings of $0.43 for the same period in 2023.GAAP earnings were $1.15 per share for the full year of 2024, compared to earnings of $1.05 per share for the same period in 2023.Non-GAAP core earnings were $0.31 per share for the fourth quarter of 2024, compared to earnings of $0.47 per share for the same period in 2023.Non-GAAP core earnings were $1.3

Roses are Red, Chocolate is Sweet. Don't Let Wayward Balloons Cause an Outage on Your Street OAKLAND, Calif., Feb. 10, 2025 /PRNewswire/ -- More metallic balloons are sold for Valentine's Day than any other holiday and, not surprisingly, it's also around this time of year that Pacific Gas and Electric Company (PG&E) sees an uptick in outages caused by metallic balloons drifting into overhead power lines. With Valentine's Day just around the corner, PG&E reminds its customers to make sure metallic balloons are always tied to a weight – as required by California law – and to never release them outdoors.

OAKLAND, Calif., Feb. 21, 2025 /PRNewswire/ -- On February 20, 2025, PG&E Corporation (NYSE: PCG) declared its first quarter 2025 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on April 15, 2025, to shareholders of record as of March 31, 2025. In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending April 30, 2025, to be payable on May 15, 2025, to shareholders of record as of April 30, 2025. PG&E will pay div

OAKLAND, Calif., Feb. 13, 2025 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) delivered solid financial results in 2024 and is on track to deliver beyond: GAAP earnings were $0.30 per share for the fourth quarter of 2024, compared to earnings of $0.43 for the same period in 2023.GAAP earnings were $1.15 per share for the full year of 2024, compared to earnings of $1.05 per share for the same period in 2023.Non-GAAP core earnings were $0.31 per share for the fourth quarter of 2024, compared to earnings of $0.47 per share for the same period in 2023.Non-GAAP core earnings were $1.3

OAKLAND, Calif., Jan. 16, 2025 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) will hold a conference call on Thursday, February 13, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its fourth quarter and full year 2024 results. The public can access the conference call through a simultaneous webcast.  The link is provided below and will also be available from the PG&E Corporation website. What: Fourth Quarter and Full Year 2024 Earnings Call When: Thursday, February 13, 2025 at 11:00 a.m. Eastern Time Where: http://investor.pgecorp.com/news-events/events-and-p

OAKLAND, Calif., Dec. 2, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) ("PG&E" or the "Company") announced today the launch of concurrent underwritten public offerings of (i) $1,200 million of shares of common stock, no par value ("Common Stock"), of the Company and (ii) $1,200 million of newly issued Series A Mandatory Convertible Preferred Stock ("Preferred Stock") of the Company (together, the "Offerings"). PG&E expects to grant to the underwriters of the Offerings a 30-day option to purchase up to an additional (i) $180 million of shares of Common Stock and (ii) solely to cover over-allotments, if any, $180 million of shares of Preferred Stock. PG&E intends to use the net proceeds fro

OAKLAND, Calif., Dec. 2, 2024 /PRNewswire/ -- On November 29, 2024, PG&E Corporation (NYSE:PCG) declared its fourth-quarter 2024 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024. In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending January 31, 2025, to be payable on February 14, 2025, to shareholders of record as of January 31, 2025. PG&E

OAKLAND, Calif., Nov. 7, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) is on track to deliver solid financial results in 2024 and beyond: GAAP earnings were $0.27 per share for the third quarter of 2024, compared to earnings of $0.16 for the same period in 2023.GAAP earnings were $0.85 per share for the first nine months of 2024, compared to earnings of $0.62 per share for the same period in 2023.Non-GAAP core earnings were $0.37 per share for the third quarter of 2024, compared to earnings of $0.24 per share for the same period in 2023.Non-GAAP core earnings were $1.06 per

OAKLAND, Calif., Sept. 26, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) will hold a conference call on Thursday, November 7, 2024, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its third quarter 2024 results. The public can access the conference call through a simultaneous webcast.  The link is provided below and will also be available from the PG&E Corporation website. What: Third Quarter 2024 Earnings Call When: Thursday, November 7, 2024 at 11:00 a.m. Eastern Time Where: http://investor.pgecorp.com/news-events/events-and-presentations/default.aspx A rep

OAKLAND, Calif., Sept. 20, 2024 /PRNewswire/ -- On September 19, 2024, PG&E Corporation (NYSE:PCG) declared its third-quarter 2024 regular cash dividend of $0.01 per share on the Corporation's common stock. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024. In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending October 31, 2024, to be payable on November 15, 2024, to shareholders of record as of October 31, 2024. PG

OAKLAND, Calif., July 25, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) is on track to deliver solid 2024 results. Financial progress includes: GAAP earnings were $0.24 per share for the second quarter of 2024, compared to earnings of $0.19 for the same period in 2023.Non-GAAP core earnings were $0.31 per share for the second quarter of 2024, compared to earnings of $0.23 per share for the same period in 2023.Recorded GAAP earnings were $0.58 per share for the first half of 2024, compared to earnings of $0.46 per share for the same period in 2023.Non-GAAP core earnings were

OAKLAND, Calif., July 8, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) will hold a conference call on Thursday, July 25, 2024, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its second quarter 2024 results. The public can access the conference call through a simultaneous webcast.  The link is provided below and will also be available from the PG&E Corporation website. What: Second Quarter 2024 Earnings Call When: Thursday, July 25, 2024 at 11:00 a.m. Eastern Time Where: http://investor.pgecorp.com/news-events/events-and-presentations/default.aspx A replay of

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UBS downgraded PG&E from Buy to Neutral and set a new price target of $19.00 from $22.00 previously

Guggenheim downgraded PG&E from Buy to Neutral

Morgan Stanley downgraded PG&E from Equal-Weight to Underweight and set a new price target of $16.50 from $20.00 previously

Analyst resumed coverage of PG&E with a rating of Overweight

BMO Capital Markets initiated coverage of PG&E with a rating of Outperform and set a new price target of $21.00

Jefferies initiated coverage of PG&E with a rating of Buy and set a new price target of $24.00

BofA Securities resumed coverage of PG&E with a rating of Buy and set a new price target of $24.00

JP Morgan upgraded PG&E from Neutral to Overweight and set a new price target of $22.00 from $19.00 previously

Goldman initiated coverage of PG&E with a rating of Buy and set a new price target of $21.00

Evercore ISI resumed coverage of PG&E with a rating of In-line and set a new price target of $16.00

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OAKLAND, Calif., Dec. 16, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) today announced the appointment of Leo P. Denault to the Boards of Directors of PG&E Corporation and its subsidiary, Pacific Gas and Electric Company, effective February 19, 2025. As Chairman and Chief Executive Officer of Entergy Corporation from 2013 to 2022, Denault transformed the company into a premier utility with one of the nation's cleanest energy portfolios. At Entergy, Denault led the charge to invest in the reliability and resilience of the energy system while maintaining financial stability.

Updated R&D strategy highlights evolving utility technology needs Explores the potential of artificial intelligence to transform the energy system and enhance customer experience OAKLAND, Calif., Nov. 4, 2024 /PRNewswire/ -- Today, Pacific Gas and Electric Company (PG&E) unveiled its refreshed R&D strategy report with a focus on artificial intelligence (AI) and other innovations as critical enablers to achieving PG&E's clean energy, climate, and customer-experience goals. The refreshed report outlines the integration of AI as a central component to meeting growing energy dem

Leaders from Eaton, GE Vernova, NVIDIA Added to High-Powered Speaker Lineup OAKLAND, Calif., Oct. 21, 2024 /PRNewswire/ -- Artificial intelligence for nuclear power generation, carbon-sequestering biochar, long-duration energy storage, submetering and managed charging for electric vehicles, real-time fault detection sensors, a prescribed-burn machine, advanced drones for system inspections, and new undergrounding systems are among the novel solutions and technologies that will be on display November 13 during Pacific Gas and Electric Company's (PG&E) 2024 Innovation Summit presented in collaboration with DISTRIBUTECH® in San Jose.

UGI Corporation (NYSE:UGI) announced that UGI's Board of Directors appointed Robert C. Flexon as President and Chief Executive Officer, effective November 1, 2024. Mr. Flexon will replace Mario Longhi, UGI's Chair who has served as Interim President and Chief Executive Officer since December 2023. Mr. Longhi will be resuming his role as an independent director and will serve as non-executive chair of UGI's Board of Directors. In addition to his role as President and Chief Executive Officer, Mr. Flexon will serve on the Company's Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015234263/en/UGI Names Robert Fl

This First-of-its-kind 11.7Mwe Energy Asset plant in the U.S. will be powered by co-located LFG-to-Electric Plant Facility is designed to reduce 62,000 metric tons of carbon emissions annually while increasing energy resiliency and supporting California's renewable energy and decarbonization goals Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, Republic Services, Inc. (NYSE:RSG) and Pacific Gas and Electric Company (PG&E) (NYSE:PCG), today celebrated the ribbon cutting for California's largest and most resilient landfill gas (LFG) to renewable natural gas (RNG) plant, located at the Keller Canyon Landfill in Pittsburg, CA

SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today that Leland "Lee" T. Jourdan has been appointed to the SilverBow Board of Directors (the "Board"), effective March 27, 2024. Mr. Jourdan's appointment is part of SilverBow's long-term and ongoing director search program conducted over the last 18 months with the assistance of a globally recognized search firm. Mr. Jourdan has deep experience in the oil and gas industry, and his leadership and accomplishments in promoting diversity, equity and inclusion ("DEI") have been widely recognized. He brings a demonstrated track record in international commercial and business development, mergers and acquisitions,

OAKLAND, Calif., Feb. 27, 2023 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) today announced the appointment of Edward G. Cannizzaro to the Boards of Directors of PG&E Corporation and its subsidiary Pacific Gas and Electric Company, effective February 24, 2023. Mr. Cannizzaro brings decades of experience advising clients on business and risk management success. Mr. Cannizzaro has counseled clients in a wide range of industries including e-commerce, financial technology, semiconductors, manufacturing, retail, biotechnology, and real estate. "With decades of executive leadership e

PG&E Corporation (NYSE:PCG) today announced the appointment of Carlos Hernandez, former Chief Executive Officer of Fluor Corporation, to the Boards of Directors of PG&E Corporation and its subsidiary Pacific Gas and Electric Company, effective March 11, 2022. Mr. Hernandez brings decades of experience in industries focused on safety and operational excellence. Mr. Hernandez's career has spanned engineering, procurement, manufacturing and distribution companies, and his expertise includes risk management, safety and environmental matters, governance, compliance and law. "With decades of executive leadership experience in key industries, Carlos will be invaluable in helping PG&E continue to

McIntyre Brings Strong Clean Energy Credentials and Extensive Experience Advocating for Federal Energy Policies PG&E Corporation (NYSE:PCG) today announced the appointment of energy industry veteran Yvonne A. McIntyre as Vice President, Federal Affairs, effective January 3, 2022. Ms. McIntyre will be responsible for representing the interests of PG&E's customers before the federal government and policy groups, and for developing and implementing all aspects of PG&E's federal engagement. She will be based in Washington, D.C., and will report to Carla J. Peterman, Executive Vice President, Corporate Affairs, for PG&E Corporation. Ms. McIntyre has more than 30 years of experience in the ene

Advisory Role Will Provide PG&E Corporation's CEO, CFO and Executive Leadership Team with Business-Critical Advice for Future Growth PG&E Corporation (NYSE:PCG) announced that Thomas Webb, a utility industry executive with more than 40 years of experience, will serve as a senior advisor to the company, effective today. Mr. Webb will provide PG&E Corporation's Chief Executive Officer Patti Poppe, Chief Financial Officer Chris Foster and the executive leadership team with business-critical advice focused on driving stakeholder value, maximizing the company's value proposition and financial strength, and enhancing shareholder engagement. "Drawing on his extensive experience as a CFO in our i