Pacific Gas and Electric Company
PCG-PB
New York Stock Exchange American20.39
USD
+0.14
- -
CIK
0001004980
ISIN
US6943083054
CUSIP
694308305
Return %
Stock
S&P500
1Y
4.19
26.53
3Y
8.75
76.60
5Y
-25.80
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Sumeet Singh
- Full Time Employees
- 28,390
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- 77 Beale Street Oakland CA United States of America 94177
- IPO Date
- Jan 3, 2000
- CIK
- 0001004980
- Website
- pge.com
- Similar Companies
- Business
- Pacific Gas and Electric Company (PG&E), incorporated in California in 1905 and headquartered in Oakland, provides natural gas and electric transmission and distribution services to approximately 16 million people across a 70,000-square-mile service area in northern and central California, from Eureka to Bakersfield and the Pacific Ocean to the Sierra Nevada; the company operates 141,215 circuit miles of electric distribution lines, 18,616 circuit miles of interconnected transmission lines, 42,141 miles of natural gas distribution pipelines, and 6,438 miles of natural gas transportation pipelines, serving 5.1 million electric customer accounts and 4.3 million natural gas customer accounts with electricity generation from an extensive hydroelectric system, the Diablo Canyon nuclear power plant, natural gas-fired plants, and renewable integrations including solar, wind, and four new renewable natural gas facilities interconnected in 2024; PG&E offers energy efficiency programs, advanced metering infrastructure, and customer service enhancements such as online self-service portals. As a subsidiary of PG&E Corporation (NYSE: PCG), with PCG-PB representing its 5.50% nonredeemable first preferred stock listed on NYSE American, the company invests heavily in infrastructure modernization, wildfire mitigation, and clean energy transitions under California Public Utilities Commission oversight. Recent developments include a $15 billion U.S. Department of Energy loan guarantee signed in late 2024 to fund hydropower expansion, battery storage, transmission upgrades via reconductoring and grid-enhancing technologies, and virtual power plants; formation of affiliates PacGen Holding Company in January 2024 and Pacific Generation LLC in 2022 to manage non-nuclear generation assets; completion of the Calistoga Resiliency Center in September 2025, the world's first ultra-long duration hybrid microgrid with Energy Vault featuring hydrogen fuel cells and lithium-ion batteries serving 1,600 customers; and announcement of a $73 billion capital plan through 2030, up $10 billion from prior projections, with $12.9 billion slated for 2025 to grow rate base from $69 billion to $106 billion, emphasizing FERC-jurisdictional transmission projects amid rising demand from data centers and electrification.