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PG&E Corp (PCG.N)

PCG.N on New York Stock Exchange

45.57USD
23 Apr 2018
Change (% chg)

$-0.16 (-0.35%)
Prev Close
$45.73
Open
$45.80
Day's High
$45.95
Day's Low
$45.25
Volume
685,757
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1,395,567
52-wk High
$71.57
52-wk Low
$37.35

Latest Key Developments (Source: Significant Developments)

Pacific Gas And Electric Co Offers To Exchange Up To $1.15 Bln Of 3.30 Pct Senior Notes Due Dec 1, 2027
Friday, 13 Apr 2018 

April 13 (Reuters) - Pacific Gas And Electric Co ::PACIFIC GAS AND ELECTRIC CO SAYS OFFER TO EXCHANGE UP TO $500 MLN OF ITS FLOATING RATE SENIOR NOTES DUE NOVEMBER 28, 2018 - SEC FILING.SAYS ALSO OFFERS TO EXCHANGE UP $1.15 BLN OF 3.30 PCT SENIOR NOTES DUE DEC 1, 2027.SAYS ALSO OFFERS TO EXCHANGE UP TO $850 MLN OF ITS 3.95 PCT SENIOR NOTES DUE DECEMBER 1, 2047.  Full Article

PG&E To Confer With Diablo Canyon Joint Proposal Parties On Path Forward After CPUC Decision
Friday, 12 Jan 2018 

Jan 11 (Reuters) - PG&E ::AFTER CPUC DECISION, PG&E TO CONFER WITH DIABLO CANYON JOINT PROPOSAL PARTIES ON PATH FORWARD.SAYS ‍SINCE FULL PROPOSAL WAS NOT APPROVED, CO WILL MEET TO CONFER WITH LABOR, COMMUNITY, ENVIRONMENTAL GROUP PARTNERS IN DAYS AHEAD ABOUT DECISION​.  Full Article

PG&E Says California Needs "Much Broader Reforms" To Address Impacts Of Climate Change
Thursday, 4 Jan 2018 

Jan 3 (Reuters) - Pg&E Corp ::PG&E STATEMENT ON CALIFORNIA SENATE BILL 819.PG&E - "THERE HAS BEEN NO DETERMINATION ON CAUSES OF NORTHERN CALIFORNIA WILDFIRES THAT TOOK PLACE IN OCTOBER".PG&E - DESPITE NO DETERMINATION ON CAUSE OF WILDFIRES, CALIFORNIA NEEDS "MUCH BROADER REFORMS" TO ADDRESS IMPACTS OF CLIMATE CHANGE.  Full Article

PG&E Announces Suspension Of Dividend, Citing Uncertainty Related To Causes And Potential Liabilities Associated With Northern California Wildfires
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - PG&E Corp ::PG&E ANNOUNCES SUSPENSION OF DIVIDEND, CITING UNCERTAINTY RELATED TO CAUSES AND POTENTIAL LIABILITIES ASSOCIATED WITH NORTHERN CALIFORNIA WILDFIRES.PG&E - DETERMINED TO SUSPEND QTRLY DIVIDEND, BEGINNING WITH Q4, CITING UNCERTAINTY RELATED TO LIABILITIES ASSOCIATED WITH NORTHERN CALIFORNIA WILDFIRES.PG&E- BOARD OF CORP'S UTILITY UNIT, PACIFIC GAS AND ELECTRIC CO, DETERMINED TO SUSPEND DIVIDEND ON UTILITY'S PREFERRED STOCK.  Full Article

PG&E - Tony Earley To Retire from Role as Executive Chair and Member of PG&E Corp Board
Tuesday, 5 Dec 2017 

Dec 4 (Reuters) - PG&E Corp ::PG&E - EXECUTIVE CHAIR TONY EARLEY, JR., TO RETIRE FROM PG&E & PACIFIC GAS AND ELECTRIC CO BOARDS AND AS A PG&E CORPORATION EMPLOYEE EFFECTIVE DEC. 15.  Full Article

Pacific Gas And Electric Co - Co Commenced Private Offering Of Floating Rate Senior Notes Due 2018, Among Others ‍​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Pacific Gas And Electric Co ::PACIFIC GAS AND ELECTRIC CO - CO COMMENCED PRIVATE OFFERING OF FLOATING RATE SENIOR NOTES DUE 2018, AMONG OTHERS ‍​.PACIFIC GAS AND ELECTRIC CO - ‍ALSO COMMENCED A PRIVATE OFFERING OF FIXED RATE SENIOR NOTES DUE 2027 FIXED RATE SENIOR NOTES DUE 2047 - SEC FILING​.PACIFIC GAS AND ELECTRIC-POST CONSUMMATION,CO TO USE NET PROCEEDS TO REPAY $700 MILLION OUTSTANDING PRINCIPAL AMOUNT OF ITS 5.625% SENIOR NOTES DUE NOV 30‍​.PACIFIC GAS AND ELECTRIC CO - POST CONSUMMATION, CO TO ALSO USE NET PROCEEDS TO REPAY $250 MILLION OUTSTANDING FLOATING RATE SENIOR NOTES DUE NOV 30​.PACIFIC GAS AND ELECTRIC CO- POST CONSUMMATION, CO TO ALSO USE NET PROCEEDS ‍TO REPAY $250 MILLION FLOATING RATE UNSECURED TERM LOAN MATURING FEB 22,2018​.  Full Article

PG&E Corp Q3 operating revenue $4,517 million
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - PG&E Corp :Qtrly non-GAAP earnings from operations $1.12 per share‍​.Says updating 2017 guidance for projected GAAP earnings to the range of $3.36 to $3.56 per share‍​.Says reaffirming 2017 guidance for projected non-GAAP earnings in the range of $3.55 to $3.75 per share‍​.Qtrly GAAP net income was $1.07 per share.Qtrly total operating revenues $4,517 million versus $4,810‍​ million.Q3 earnings per share view $0.91, revenue view $4.82 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.67 -- Thomson Reuters I/B/E/S.  Full Article

‍PG&E nears electric restoration completion
Tuesday, 17 Oct 2017 

Oct 16 (Reuters) - PG&E Corp ::‍PG&E nears electric restoration completion; gas restoration more than 60 percent complete in communities impacted by northern california wildfires​.‍Since Monday, Oct. 9, PG&E has restored power to more than 94 percent of customers that lost power during wildfires​.‍currently, there are approximately 22,000 electric customers without power in fire-impacted areas​.PG&E Corp- by late monday night, anticipates restoring service to essentially all electric customers able to receive it, once approval granted by cal fire​.  Full Article

‍PG&E responds to wind-driven wildfires in North Bay​
Tuesday, 10 Oct 2017 

Oct 9 (Reuters) - PG&E Corp -:‍PG&E responds to devastating, wind-driven wildfires in North Bay​.‍About 100,000 PG&E customers in Napa and Sonoma counties were without electric service as of mid-day Monday due to fires​.‍About 30,000 PG&E gas customers were without service​.  Full Article

Pacific Gas and Electric says parties in San Bruno fire derivative cases filed to resolve lawsuit
Thursday, 16 Mar 2017 

Pacific Gas And Electric Co : Parties in San Bruno fire derivative cases filed with court settlement saying reached to resolve consolidated shareholder lawsuit . Pursuant to settlement stipulation utility will implement gas operations therapeutics, at estimated cost of about $32 million . Pursuant to settlement, individual defendants' directors, officers liability insurance carriers will pay $90 million to PG&E Corp . Parties filed with court settlement that they reached to resolve certain additional claims against individual defendants .PG&E to pay any fee court may grant to counsel for plaintiffs in San Bruno fire derivative cases in amount not exceeding $25 million.  Full Article

CORRECTED (OFFICIAL)-PG&E CA Diablo Canyon 1 reactor remains at 50 pct power (April 13)

(Corrects headline and first paragraph in April 13 story to show Diablo Canyon 1 reactor remains at 50 percent power, and had not ramped up to full power, following clarification from the U.S. NRC. Also corrects second paragraph to say Diablo Canyon 2 was at 100 percent, and not 50 percent power.) April 13 PG&E Corp's 1,122-megawatt Unit 1 at the Diablo Canyon nuclear power plant in California was at 50 percent power as of early Friday, unchanged from Thursday, the U.S.