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, 2021, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines; 33 electric transmission substations, approximately 108,000 circuit miles of distribution lines, 67 transmission switching substations, and 753 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 43,800 miles of distribution pipelines, approximately 6,200 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 was incorporated in 1905 and is headquartered in San Francisco, California.

PG&E Corporation

PG&E Corporation provides energy solutions and services, focusing on investing in a clean energy future. It is self-described as involved in community wildfire safety programs.

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Pacific Gas and Electric Company | 189,475 followers on LinkedIn. 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&amp;E Corporation.

There are approximately 20,000 employees who carry out Pacific Gas and Electric Company&#39;s primary business—the transmission and delivery of energy.

Investor & Advisor / Clean Energy & Transportation

Arno Harris

Applied Innovation in Organizational Design and Development

Sharon J. Heringer

Wildfire & Local Government SME, former Mayor of Mill Valley

Sashi Sabaratnam

Sue de Leeuw

Pacific Gas and Electric Company

In September and October, Pacific Gas and Electric Company ’s Access Network #EmployeeResourceGroup , via its Minds of All Kinds subcommittee, raised more than $3,600 to draw attention to #suicideprevention . The “Charged for Change” team of 90 walkers participated in the American Foundation for Suicide Prevention ’s #OutoftheDarkness Walks and were held at various locations throughout PG&E’s service area. Learn more about the American Foundation for Suicide Prevention: https://afsp.org/

As part of PG&E’s month-long preparations for Election Day, and in response to an incoming severe wind event, approximately 3,100 PG&E coworkers are currently positioned in the field, our emergency operations centers and other locations throughout our service area to respond to potential outages. The National Weather Service, PG&E meteorologists and other weather experts have forecasted a severe wind event that will enter parts of the service area late Tuesday through Thursday morning, creating significant fire risk. PG&E has notified 22,000 customers that their power might be shut off for safety. There are 7,000 polling locations in PG&E’s service area and 48 tabulation centers. No tabulation centers are currently within the scope of the PSPS. Six polling locations are in scope for a potential PSPS, and PG&E has supplied temporary generation for each of these polling locations to ensure that votes can be cast. https://lnkd.in/gShrKz8b

It is hard to beat a day when you get to help #students start the school year off the right way with a brand new #backpack . Dee Johnson and the whole Lend A Hand Foundation team, keep up your amazing work supporting the kids of #Oakland ! Our people will be right there with you, every step of the way. See more stories like this: https://lnkd.in/gCSth7NQ

For the second consecutive year, Pacific Gas and Electric Company was awarded the HIRE Vets Gold Medallion Award by the U.S. Department of Labor . The honor recognizes the company’s exceptional achievement in veteran employment while exhibiting #patriotism and recognition of the values veterans bring to the workplace. A prime example of PG&E’s support of #veterans is the nationally-recognized #PowerPathway training program—of the more than 1,300 program graduates, more than 40% are veterans. See the entire list: https://lnkd.in/dnFzRaST

Pacific Gas and Electric Company 's EVP Carla Peterman , corporate affairs and chief sustainability officer, had a chance to sit down with NYSE ’s Floor Talk host Judy Khan Shaw during Climate Week in New York City last month. Carla discussed PG&E’s commitment to a #netzero carbon energy system by 2040 and what it’s doing to get there — including reducing its own #greenhousegas emissions and preparing to support more #EVs with new infrastructure to help our customers reduce their own climate footprints. “We need to think globally but act locally,” said Carla. See the interview: https://lnkd.in/g5uzbWrY

Part of caring for people across our service area, is helping #students attend schools that are beautiful and that help them appreciate and experience the natural world. Coworker #volunteers pitched in this year to help build pollinator gardens and beautify #schools across central and northern California. Learn more about how we show up for our #communities at www.pge.com/ourcoworkers

PG&E has been honored with the E Source Achievement in Employee Experience for our innovative Joy at Work program. By focusing on helping coworkers feel loved, known, proud, and joyful, we saw a 12% increase in employee favorability scores from 2022 to 2023, and we’re not stopping there. One key to the improvement is a recognition program rewarding coworkers who are creating joy among their own teams. We believe a culture of joyful coworkers is key to creating joyful customer experiences. We sincerely thank E Source for acknowledging PG&E’s dedication to fostering a joyful environment.

At this year's 40th International Linemans Rodeo in Bonner Springs (Kansas), Pacific Gas and Electric Company and IBEW local 1245 lineworkers were once again the top finishers. Hundreds of competitors from utilities in North America, all eager to demonstrate the skills of their unique and demanding trade. PG&E crews and apprentices walked away with a variety of awards. Check out the video and see how our winners are truly among the best-of-the-best! 2024 International Lineman’s Rodeo Top PG&E Results Floppy Hunt, David Angove 1st Place, Mystery Event 2 3rd Place, Hurt Man Rescue Francisco Flores, Dustin Curry, Brandon Dance 2nd Place, Investor-Owned Utilities 3rd Place, Overall Anthony Albright, Adam Beene, JP Richard 3rd Place, Investor-Owned Utilities 5th Place, Overall Jonathon Pacheco 3rd Overall, Investor-Owned Utilities Marshall Martens 5th Place, Written Test #ibew1245 #ibewlocal1245 #linelife #highvoltage #hardhat #woodwalkers #linemanlife #linemen #linemenlife

New speakers announced for PG&E’s 2024 Innovation Summit presented in collaboration with DISTRIBUTECH plus the list of participants in our technology showcase just dropped! Per Quinn Nakayama , PG&E Senior Director, GRID Innovation: “We are proud to work with leading companies to drive impact across our system with minimal impact to customer bills … Other utilities’ challenges of tomorrow are PG&E’s realities of today, so I look forward to engaging at the summit to share ideas, and – in the spirit of mutual aid and support – I strongly encourage my utility peers across the county to join us in-person on Nov. 13 in San Jose.” 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 in San Jose on 11/13. It's a who’s who of the energy-tech, fire-tech and climate-tech industries! Register now for in-person or virtual participation: https://lnkd.in/gxvtMbCc Read more about the organizations and solutions being presented as a part of the technology showcase: https://lnkd.in/gUf9aH4f #AcceleratingInnovation #AI #ArtificialIntelligence

A Public Safety Power Shutoff (PSPS) is a wildfire-prevention tool of last resort that PG&E uses when extreme climate conditions exist. Once weather improves, our crews patrol the lines to make sure that they are free of damage and hazards. www.pgecurrents.com During this PSPS event, crews identified wind-related damage on three circuits and made necessary repairs before restoration could proceed. In this video, PG&E’s Scott Strenfel, Sr. Director, Meteorology and Fire Science shows how we run a fire-simulation model using high-tech tools from Technosylva for every location where damage or hazards are found during patrols. It’s important to note that the fire-spread modeling does not account for any form of suppression, but in the conditions and location in the North Bay where damage was found during the PSPS patrols, the model indicated that there could have been a 13,000-acre fire damaging or destroying more than 630 structures. We know how impactful shutting off the power is to customers, but it’s instances like this that give us confidence PSPS is an important tool to keep our hometowns safe.

	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	17.09B -	16.83B 1.50%	17.67B 4.95%	17.14B 3.01%	16.76B 2.19%	17.13B 2.21%	18.47B 7.82%	20.64B 11.77%	21.68B 5.03%	24.43B 12.68%
cost of revenue	12.21B -	12.71B 4.15%	12.73B 0.17%	11.32B 11.06%	11.65B 2.89%	12.55B 7.74%	12.58B 0.22%	14.58B 15.89%	14.66B 0.58%	16.12B 9.93%
gross profit	4.88B -	4.12B 15.63%	4.93B 19.71%	5.81B 17.80%	5.11B 12.10%	4.58B 10.42%	5.89B 28.68%	6.06B 2.96%	7.01B 15.74%	8.31B 18.42%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses
research and development expenses
other expenses	70M -	117M 67.14%	91M 22.22%	72M 20.88%	424M 488.89%	3.23B 662.74%	3.88B 20.01%	3.92B 1.00%	4.94B 26.05%	272M 94.50%
cost and expenses	14.64B -	15.32B 4.68%	15.49B 1.07%	14.18B 8.46%	14.69B 3.59%	15.79B 7.49%	16.46B 4.28%	18.50B 12.38%	19.61B 5.97%	20.43B 4.18%
operating expenses	2.43B -	2.61B 7.36%	2.75B 5.47%	2.85B 3.59%	3.04B 6.38%	3.23B 6.52%	3.88B 20.01%	3.92B 1.00%	4.94B 26.05%	4.30B 12.87%
interest expense	734M -	773M 5.31%	829M 7.24%	888M 7.12%	929M 4.62%	934M 0.54%	1.26B 34.90%	1.60B 27.06%	1.92B 19.74%	2.85B 48.67%
ebitda	4.96B -	4.25B 14.43%	5.05B 18.84%	5.91B 17.18%	5.61B 5.18%	4.91B 12.48%	6.00B 22.19%	6.02B 0.42%	6.49B 7.72%	8.62B 32.87%
operating income	2.45B -	1.51B 38.45%	2.18B 44.36%	2.96B 35.78%	-9.70B 428.15%	1.67B 117.25%	2.53B 51.11%	2.62B 3.56%	2.63B 0.46%	2.67B 1.56%
depreciation and amortization	2.43B -	2.61B 7.36%	2.75B 5.47%	2.85B 3.59%	3.04B 6.38%	3.23B 6.52%	3.47B 7.24%	3.40B 1.87%	3.86B 13.31%	3.74B 3.06%
total other income expenses net	70M -	117M 67.14%	91M 22.22%	72M 20.88%	-11.35B 15,859.72%	-12.71B 12.06%	-3.47B 72.71%	-1.87B 46.11%	-2.15B 15.19%	-1.06B 50.84%
income before tax	1.79B -	861M 52.03%	1.46B 69.80%	2.17B 48.50%	-10.13B 566.56%	-11.04B 9.01%	-942M 91.47%	748M 179.41%	476M 36.36%	699M 46.85%
income tax expense	345M -	-27M 107.83%	55M 303.70%	511M 829.09%	-3.29B 744.23%	-3.40B 3.28%	362M 110.65%	836M 130.94%	-1.34B 260.05%	-1.56B 16.37%
net income	1.45B -	888M 38.76%	1.41B 58.45%	1.66B 17.98%	-6.84B 511.87%	-7.64B 11.77%	-1.30B 82.94%	-88M 93.25%	1.81B 2,161.36%	2.26B 24.37%
weighted average shs out	468M -	484M 3.42%	499M 3.10%	512M 2.61%	517M 0.98%	528M 2.13%	1.26B 138.07%	1.99B 57.92%	1.99B 0.10%	2.06B 3.88%
weighted average shs out dil	470M -	487M 3.62%	501M 2.87%	513M 2.40%	517M 0.78%	528M 2.13%	1.26B 138.07%	1.99B 57.92%	2.13B 7.41%	2.14B 0.28%
eps	3.07 -	1.81 41.04%	2.79 54.14%	3.21 15.05%	-13.22 511.84%	-14.47 9.46%	-1.04 92.81%	-0.04 95.74%	0.91 2,154.18%	1.06 16.48%
epsdiluted	3.06 -	1.79 41.50%	2.78 55.31%	3.21 15.47%	-13.22 511.84%	-14.47 9.46%	-1.04 92.81%	-0.04 95.74%	0.84 1,996.16%	1.06 26.19%

COM:PGECORP

PG&E Corporation

Last Close

21.23

22/11 21:00

Market Cap

37.70B

Beta: -

Volume Today

11.80M

Avg: -

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