PCG - /C O R R E C T I O N -- PG&E Corporation/
PCG - /C O R R E C T I O N -- PG&E Corporation/
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PCG, NIO and XPEV drop to fresh 52-week lows
PG&E (PCG), Nio (NIO) and Xpeng (XPEV) fell to fresh 52-week lows on Wednesday as investors weighed rising regulatory and financial risks, including wildfire-liability uncertainty for PG&E and analyst downgrades plus margin pressure for Nio and Xpeng.
U.S. stocks gain as AI dealmaking offsets software selloff
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
PG&E shares slide after utility cuts planned spending by $2 billion
PG&E said it will slash planned spending by $2 billion next year and launch a review of its business after a state legislative debate over wildfire liabilities was left unresolved. Shares fell nearly 10%.
PG&E starts strategic review after California wildfire funding bill fails
PG&E will start a strategic review to cut expenses and reduce debt needs, after a California bill aimed at improving funding for wildfire victims failed to pass, CEO Patti Poppe said.
PG&E to invest about $11.4 billion in California in 2027
PG&E said it plans to invest about $11.4 billion in California in 2027 after deferring $2 billion of planned spending. The company is launching a strategic review of its business and financing.
PG&E to re-evaluate non-GAAP core EPS growth and 2028-2030 capex
PG&E plans to re-evaluate its long-term non-GAAP core EPS growth rate alongside 2028-2030 capital investment and rate base outlooks.
PG&E says deferment would reduce higher-cost borrowing need
PG&E said deferring would reduce the need for higher-cost borrowing while maintaining critical safety investments and compliance obligations.
PG&E reviews options to attract affordable investments for California customers
PG&E is reviewing available options to attract affordable investments needed for safe, reliable, affordable energy for California customers.
PG&E launches strategic review for California energy affordability
PG&E Corporation (PCG) said it is taking actions, including a strategic review, to strengthen its ability to deliver safe, reliable and affordable energy for California customers.
PCG and EIX slide after wildfire reform setback; BofA turns neutral
PG&E Corp. (PCG) and Edison International (EIX) are set for their worst week in a year after California wildfire reform fell short on liability protection. Bank of America downgraded both stocks and turned them neutral.
PG&E and Edison International rise after wildfire bill shelved
PG&E shares rose 4.9% to $13.93 and Edison International gained 7.3% to $57.94 after a report that California lawmakers shelved wildfire legislation without liability protection for utilities.
PG&E rebounds 5.65% after steep 18% sell-off
PG&E Corp shares (PCG) were up 5.65% to $14.02 Tuesday afternoon after Monday’s 18% sell-off. The rebound comes as investors weigh California SB 492, which leaves long-term wildfire liability risks unresolved beyond 2030.
PG&E and Edison International rise ahead of wildfire bill vote
PG&E and Edison International rose as California state lawmakers are expected to vote on a wildfire bill that does not include liability protection for utilities.
Oil jumps near $90 as Iran risk hits stocks and yields
Crude rallied Monday after renewed U.S.-Iran strikes, with West Texas Intermediate up 2.5% to $85.49 and Brent up 2.7% to $90.47. The 10-year Treasury yield hit 4.76%, while U.S. equities fell.
Crude oil gains over 2%; Dallas Fed index surges in August
The Dallas Fed's general business activity index for Texas manufacturing rose to 11.6 in August from 1.3 in July, its strongest reading since January 2025.
PG&E expands vehicle-to-everything program for California EV owners
PG&E says more California EV owners can now power their homes, save on energy costs, and support the grid through its expanded vehicle-to-everything program.
PG&E Q2 2026 Earnings Call: Complete Transcript
PG&E (NYSE: PCG ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary PG&E reported core earnings per share of $0.40 for Q2 and $0.83 for H1 202