PCG - PCG ＰＧ＆Ｅ （）

The California Public Utilities Commission said Thursday it removed PG&E (PCG) from the first level of an oversight process after determining the utility improved the clearing of…

As a significant milestone in its work to provide affordable, safe and reliable energy to its customers, Pacific Gas and Electric Company (the Utility

ClearBridge Investments, an investment management company, released its “ClearBridge Global Infrastructure Value Strategy” third quarter 2022 investor letter. A copy of the letter can be downloaded here. In the third quarter, the strategy outperformed the S&P Global Infrastructure Index. The stock selection in the electric, rail, and renewables sectors contributed positively to the fund’s performance. In […]

Former Pacific Gas& Electric officials have agreed to pay $117 million to federal agencies affected by the deadly and devastating Camp and North Bay fires caused by the utility "s equipment. Of the officials targeted in the legal action in U.S. District Court in San Francisco, Pitre said, "I don" t see them getting hired as directors or officers anywhere else. "

OAKLAND, Calif. (AP) — Former executives and directors of Pacific Gas & Electric have agreed to pay $117 million to settle a lawsuit over devastating 2017 and 2018 California wildfires sparked by the utility’s equipment, it was announced Thursday. The settlement was announced by the PG&E Fire Victim Trust, which was established to handle claims filed by more than 80,000 victims of deadly wildfires ignited by PG&E’s rickety electrical grid. The trust’s lawsuit, filed last year, alleged that former officers and board members neglected their duty to ensure the utility’s equipment wouldn’t kill people. The complaint was an offshoot of a $13.5 billion settlement that PG&E reached with the wildfire victims while the utility was mired in bankruptcy from January 2019 through June 2020. As part of that deal, PG&E granted the victims the right to go after the utility’s hierarchy leading up to and during a series of wind-driven wildfires that killed more than 100 people and destroyed more than 25,000 homes and businesses, including the 2018 Camp Fire, which killed 85 people and destroyed much of the town of Paradise in Butte County.

The agreement was announced by the PG&E Fire Victim Trust, set up when the utility filed by bankruptcy after the Camp Fire.

OAKLAND, Calif., Sept. 29, 2022 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, October 27, 2022, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its third quarter 2022 results. The public can access the conference call through a…

A $117 million settlement has been reached with former PG&E Corp executives and directors who were accused in a lawsuit of lax oversight of the utility’s safety measures prior to the 2017 North Bay and 2018 Camp fires, two of California’s most destructive wildfires. The settlement was announced on Thursday by the PG&E Fire Victim […]

California investigators said their investigation determined the Dixie Fire was sparked by a tree that fell on distribution lines owned by PG&E.

PG&E Corp. (PCG) shares closed today at 1.7% below its 52 week high of $12.66, giving the company a market cap of $30B. The stock is currently up 0.6% year-to-date, down 2.0% over the past 12 months, and down 79.3% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 18.4% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -215.1% The company's stock price performance over the past 12 months lags the peer average by -118.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Dare Bioscience, Inc. (NASDAQ:DARE) with the stream of 0.49% also noticed, India PG&E Corporation (NYSE:PCG) encountered a rapid change of -0.08% in the last hour of Thursdays trading session. Dare The post Todays Hot Mover: Dare Bioscience, Inc. (NASDAQ:DARE), PG&E Corporation (NYSE:PCG) appeared first on Stocks Equity .

LAKE COUNTY, Calif. Pacific Gas and Electric said it is preparing to move thousands of Lake County customers into a new rate plan, but there remains the chance to opt out. As part of a multiyear, statewide energy policy to create a cleaner energy future for California, PG&E said it will move approximately 7,140 eligible residential electric customers in Lake County currently on a tiered rate plan called E-1 to a time-of-use, or TOU, rate plan in April 2022. On the time-of-use peak pricing from 4 to 9 p.m. daily rate plan when customers use energy is as important as how much they use. The transition to this time-of-use rate plan will occur by geographical region and affect approximately 2.5 million customers in PG&Es service area in stages through 2022. PG&E spokeswoman Deanna Contreras told Lake County News that the 7,140 customers in Lake County who will be transitioned to the TOU rate plan are residential customers who are eligible. To help manage use and cost, customers can see hour-by-hour use via their online account and can view an estimate of their bill, compared to the previous years use, Contreras said.