Of note is the ratio of PG&E Corp's sales and general administrative expense to its total operating expenses; only 0.32% of US stocks have a lower such ratio.
PCG's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 97.45% of US stocks.
PG&E Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -75.94%, greater than the shareholder yield of just 5.75% of stocks in our set.
If you're looking for stocks that are quantitatively similar to PG&E Corp, a group of peers worth examining would be HAL, MPC, RCI, TEF, and SLB.
PG&E Corporation transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California. The company was founded in 1905 and is based in San Francisco, California.
Investment Thesis Pacific Gas & Electric (PCG) is the largest investor owned utility in California, serving central and northern California. PCG emerged from wildfire liability induced bankruptcy on 1 July 2020. Its financial status has been covered by recent Seeking Alpha articles; most recently here and here. I want to...
ISTJ Investor on Seeking Alpha | September 28, 2020
PG&E (PCG) plans to cut power to 267K residents of northern California in its latest attempt to prevent its power lines from falling and starting wildfires in high winds.The utility says the outages will occur in phases starting overnight in portions of 16 counties, located primarily north of Sacramento and...
(Bloomberg) -- PG&E Corp. warned it may need to cut power about 97,000 homes and businesses this weekend -- almost five times more than it earlier anticipated -- to prevent its equipment from sparking blazes as high winds buffet the bone-dry hills of Northern California.The San Francisco-based utility giant said it may need to turn off electricity as soon as Sunday morning to portions of 15 counties, mostly located in the foothills of the Sierra Nevada mountain range, according to a statement late Friday.PG&E, which initially warned the outages could impact 21,000 customers, said the scope needed to be expanded based on updated forecasts that showed stronger potential wind gusts in a large swath of company’s service area.The fire risk is forecast to last from Saturday night through midd...
Pacific Gas and Electric Company (PG&E) continues to monitor a potentially strong and dry offshore wind event forecasted to start early Sunday morning and expected to last through Monday. Given the expected weather conditions, PG&E began its one-day advance notifications to customers in areas where PG&E may need to proactively turn power off for safety to reduce the risk of wildfire from energized power lines.
This afternoon, Pacific Gas and Electric Company (PG&E) notified customers in portions of three Northern Sierra and North Valley counties about a potential Public Safety Power Shutoff (PSPS) starting Saturday evening. Hot and dry conditions combined with expected high wind gusts pose an increased risk for damage to the electric system that has the potential to ignite fires in areas with dry vegetation.