Pacific Gas and Electric Company generates, transmits, distributes, and sells electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, and photovoltaic sources. The company also develops a personal microgrid backup power transfer meter device for customers that fully integrates into its existing electric SmartMeter system. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1905 and is headquartered in San Francisco, California. Pacific Gas and Electric Company operates as a subsidiary of PG&E Corporation.

Pacific Gas and Electric Company

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Pacific Gas and Electric Company, incorporated in California in 1905, is one of the largest combination natural gas and electric utilities in the United States. Based in San Francisco, the company is a subsidiary of PG&E Corporation.

There are approximately 20,000 employees who carry out Pacific Gas and Electric Company's primary business—the transmission and delivery of energy. The company provides natural gas and electric service to approximately 15 million people throughout a 70,000-square-mile service area in northern and central California.

Fast Facts

* Service area stretches from Eureka in the north to Bakersfield in the south, and from the Pacific Ocean in the west to the Sierra Nevada in the east

* 141,215 circuit miles of electric distribution lines and 18,616 circuit miles of interconnected transmission lines

* 42,141  miles of natural gas distribution pipelines and 6,438 miles of transportation pipelines

* 5.1 million electric customer accounts

* 4.3 million natural gas customer accounts

Roberto Roman finds working in #energy “thrilling due to its swift progress in #renewabletechnology and #sustainablesolutions, leading us to a cleaner #future.”

#veteransappreciationmonth #veteransappreciation #weserved #thankaveteran #thankyouforyourservice #veteransinenergy #veteranssupportingveterans #usmc #usmarinescorps #discipline #resilience #teamwork

Happy #WomensEntrepreneurshipDay! We’re proud to work with powerful women entrepreneurs, like Johna Calandra of Woods Family Farm, because we believe it’s important to support all women entrepreneurs to drive positive change throughout the workforce and the world.

Our communities are strongest when we are there for each other. #DopeEraFundamentals and their community conversations on mental health for Black men in #Oakland is an exciting and positive new program we are proud to support. Thanks for your leadership Mistah F.A.B.!  

As part of our commitment to achieve a #netzero energy system by 2040, PG&E has launched a request for offers (RFO) to bolster our #renewables  portfolio. To learn about the types of power-purchase agreements we’re seeking, and for details about a Nov. 17 webinar for interested developers and investors, read more at: https://lnkd.in/gG_rCd47

“We did it. It was hard, but we did it. We are now part of the PG&E workforce.” 

No truer words were spoken by Christopher Caldwell, one of 24 people who recently graduated from Pacific Gas and Electric Company’s #PowerPathway Entry to #ElectricOperations cohort, held at #Oakland’s CYPRESS MANDELA TRAINING CENTER. 

More than 1,200 applied to take the eight-week, free and unpaid #training, which included classroom and hands-on learning. All #graduates, which included eight women, will be placed as #ibewlocal1245 Hiring Hall coworkers in #electric Field Operations, #generalconstruction and #substation. More than 320 local residents (88% who’ve self-identified as ethnic minorities and 27% as females) have graduated from the 13 Cypress Mandela-PowerPathway cohorts and currently work for PG&E. 

Overall, 87% of #powerpathway graduates have been placed in the #construction utility industry, 69% self-identifying as #minorities, 48% as #militaryveterans and 13% as #females. Learn more about PowerPathway: www.pge.com/powerpathway

#careers #careerdevelopment #traininganddevelopment #trainingprogram #military #militaryjobs #ibew1245⚡️ #ibew1245 


	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue		17.09B -		17.67B -	17.14B 3.01%		17.13B -	18.47B 7.82%	20.64B 11.77%	21.68B 5.03%	24.43B 12.68%
cost of revenue		12.21B -		12.73B -	11.32B 11.06%		12.55B -	3.90B 68.95%	4.38B 12.39%	14.66B 234.74%	16.12B 9.93%
gross profit		4.88B -		4.93B -	5.81B 17.80%		4.58B -	14.57B 218.49%	16.26B 11.60%	7.01B 56.86%	8.31B 18.42%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses
research and development expenses
other expenses		14.64B -		15.49B -	14.18B 8.46%		27.22B -	16.74B 38.52%	14.37B 14.14%	19.84B 38.07%	272M 98.63%
cost and expenses	-42M -	26.85B 64,021.43%	-53M 100.20%	28.22B 53,350.94%	25.50B 9.63%	-91M 100.36%	39.78B 43,810.99%	20.64B 48.12%	18.75B 9.12%	34.51B 84.01%	20.43B 40.81%
operating expenses	-42M -	14.64B 34,957.14%	-53M 100.36%	15.49B 29,324.53%	14.18B 8.46%	-91M 100.64%	27.22B 30,015.38%	16.74B 38.52%	14.37B 14.14%	19.84B 38.07%	4.30B 78.30%
interest expense	-25M -	-734M 2,836%	-10M 98.64%	-829M 8,190.00%	-888M 7.12%	-15M 98.31%	-934M 6,126.67%	1.11B 218.95%	-1.37B 223.58%	1.92B 239.62%	2.85B 48.67%
ebitda	766M -	3.49B 356.14%	871M 75.07%	3.39B 288.98%	4.14B 22.11%	-6.85B 265.53%	-8.74B 27.66%	5.40B 161.76%	-284M 105.26%	8.93B 3,242.61%	8.62B 3.44%
operating income	766M -	2.45B 219.84%	871M 64.45%	2.18B 149.94%	2.96B 35.78%	-6.85B 331.66%	-10.09B 47.40%	1.73B 117.15%	-335M 119.35%	5.07B 1,613.13%	2.67B 47.31%
depreciation and amortization		2.43B -		2.75B -	2.85B 3.59%		3.23B -	3.47B 7.27%	51M 98.53%	3.86B 7,460.78%	3.74B 3.06%
total other income expenses net		-655M -		-715M -	-785M 9.79%		-948M -	-912M 3.80%	1.37B 250.55%	-4.59B 434.52%	-1.06B 76.94%
income before tax	766M -	1.79B 134.33%	871M 51.48%	1.46B 67.85%	2.17B 48.50%	-6.85B 415.43%	-11.04B 61.24%	819M 107.42%	1.04B 26.74%	476M 54.14%	699M 46.85%
income tax expense	-48M -	345M 818.75%	-3M 100.87%	55M 1,933.33%	511M 829.09%	3M 99.41%	-3.40B 113,433.33%	408M 112.00%	900M 120.59%	1.34B 48.67%	-1.56B 216.37%
net income	814M -	1.45B 78.13%	874M 39.72%	1.41B 60.98%	1.66B 17.98%	-6.85B 512.71%	-7.64B 11.55%	411M 105.38%	138M 66.42%	-862M 724.64%	2.26B 361.72%
weighted average shs out	444M -	468M 5.41%	484M 3.42%	499M 3.10%	512M 2.61%	517M 0.98%	528M 2.13%	264.38M 49.93%	264.38M 0%	1.99B 651.58%	2.06B 3.88%
weighted average shs out dil	445M -	470M 5.62%	487M 3.62%	501M 2.87%	513M 2.40%	517M 0.78%	528M 2.13%	264.38M 49.93%	264.38M 0%	2.13B 706.43%	2.14B 0.28%
eps	1.83 -	3.10 69.40%	1.81 41.61%	2.82 55.80%	3.24 14.89%	-13.25 508.95%	-14.47 9.21%	1.55 110.71%	0.52 66.45%	-0.43 182.69%	1.06 346.51%
epsdiluted	1.83 -	3.09 68.85%	1.79 42.07%	2.81 56.98%	3.24 15.30%	-13.25 508.95%	-14.47 9.21%	1.55 110.71%	0.52 66.45%	-0.40 176.92%	1.06 365%

COM:PGE

Pacific Gas and Electric Company

Last Close

18.46

21/11 18:51

Market Cap

4.48B

Beta: -

Volume Today

101

Avg: -

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