Company

PG&E Corporation

Headquarters: San Francisco, CA, United States

Founded: 1905

Employees: 26,000

CEO: Ms. Patricia Kessler Poppe

NYSE: PCG +0.27%

Market Cap

$45.71 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

The Pacific Gas and Electric Company, more simply known as PG&E, is an investor-owned utility company involved in power generation and distribution of natural gas and electricity. Generating power through hydroelectric, nuclear, combustion, and solar plants, PG&E also provides energy to more than 5.2 million households in northern California.

PG&E Corporation market capitalization over time

Evolution of PG&E Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of PG&E Corporation

Detailed Description

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.

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Stocks & Indices

PG&E Corporation has the following listings and related stock indices.


Stock: NYSE: PCG wb_incandescent

Stock: FSX: PCG wb_incandescent

Stock: NYSE: PCGU wb_incandescent

Stock: XETR: PCG wb_incandescent

Product & Services

ElectricityNatural gas

Key People

P G& E Corporation: Robert Flexon (Chairman) Patti Poppe (CEO) Chris Foster (E VP & CFO) David S. Thomason (Vice President & Controller) Pacific Gas & Electric Company: Adam L. Wright (SVP & COO) Wade Smith (SVP, Electric Operations) Joseph Forline (SVP, Gas Operations)

Financials

Revenue: US$18.469 billion (2020)

Operating income: US$1.731 billion (2020)

Net income: US$411 million (2020)


Total assets: US$97.856 billion (2020)

Total equity: US$21.253 billion (2020)

Details

Headquarters:

77 Beale Street

PO Box 770000

San Francisco, CA 94177

United States

Phone: 415-973-1000