Pacific Gas and Electric Company
PCG-PD
New York Stock Exchange American18.50
USD
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Pacific Gas and Electric Company
PCG-PD
(New York Stock Exchange American)
Recent
price
18.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Pacific Gas and Electric Company delivers electricity and natural gas across northern and central California. As a leading investor-owned utility, its operations span generation, transmission, and distribution, serving diverse residential, commercial, industrial, and agricultural customers throughout a 70,000-square-mile territory. The company procures power from a varied portfolio including nuclear, hydroelectric, fossil fuel, and photovoltaic sources, while also managing extensive natural gas pipelines and storage facilities. Committed to safety and environmental stewardship, Pacific Gas and Electric Company is heavily investing in wildfire prevention through significant infrastructure upgrades, including the undergrounding of powerlines, and is actively advancing grid modernization with smart grid technologies and energy storage solutions. It also emphasizes energy efficiency and promotes renewable energy initiatives, targeting 98% greenhouse gas-free electricity by 2024 and 100% clean power by 2045. Incorporated in 1905, this utility, a primary subsidiary of PG&E Corporation, maintains its headquarters in Oakland, California.