Headquarters: San Francisco, CA, United States
CEO: Ms. Patricia Kessler Poppe
USD as of July 1, 2023
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.
|Company||Market Cap (USD)|
|NextEra Energy||$146.07 B|
|The Southern Company||$77.43 B|
|Duke Energy Corporation||$70.04 B|
|American Electric Power Company, Inc.||$44.29 B|
|Xcel Energy Inc.||$34.67 B|
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.
Unlock the Power of Financial AI:
Try Disfold AI Free for 7 Days!
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)
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)