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PG&E PCG · USD

Utilities · Electric Utilities · US listing · 🇺🇸 United States

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13.14

+1.31%

Close of 9 Nov 2026, in USD

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About PG&E

From its filings with the US Securities and Exchange Commission

SEC filings

PG&E is based in Oakland, California and is incorporated in California. Its shares trade on NYSE under the ticker PCG. It is a member of the S&P 500. The SEC classifies its business as electric & other services combined. In the fiscal year to 31 December 2025, it reported revenue of $24.93bn and net income of $2.70bn. At that date it held total assets of $141.61bn and shareholders' equity of $32.54bn.

In its own words

PG&E Corporation, incorporated in California in 1995, is a holding company whose primary operating subsidiary is Pacific Gas and Electric Company, a public utility operating in Northern and Central California. The Utility was incorporated in California in 1905. PG&E Corporation became the holding company of the Utility and its subsidiaries in 1997. The Utility generates revenues mainly through the sale and delivery of electricity and natural gas to customers. The Utility’s service area is shown in the graphic below.

PG&E Corporation’s and the Utility’s operating revenues, income, and total assets for the most recently completed year can be found below in Item 8. Financial Statements and Supplementary Data.

The principal executive offices of PG&E Corporation and the Utility are located at 300 Lakeside Drive, Oakland, California 94612. PG&E Corporation’s telephone number is (415) 973-1000 and the Utility’s telephone number is (415) 973-7000.

This is a combined Annual Report on Form 10-K for PG&E Corporation and the Utility. PG&E Corporation and the Utility are separate entities.

PG&E Corporation’s and the Utility’s purpose is to deliver for their hometowns, serve the planet, and lead with love. In support of this purpose, the companies employ a Lean operating model designed to drive more effective and responsive decision-making, reduce the difficulties many employees face in their day-to-day work, and deliver better outcomes for customers and communities.

Quoted from its 10-K, filed 12 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Utilities
Industry
Electric Utilities
Listed since
24 Jul 1919
Employees
29,010
Website
pgecorp.com ↗
Head office
300 LAKESIDE DRIVE, OAKLAND, CA, 94612
Incorporated in
CA
Classification
Electric & Other Services Combined
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Ms. Patricia PoppeChief Executive Officer, Director, since 2021$15.8m
  • Ms. Carolyn BurkeExecutive Vice President, Chief Financial Officer$3.3m
  • Mr. Kaled AwadaExecutive Vice President, Chief People Officer$4.9m
  • Mr. Ajay WaghrayExecutive Vice President, Chief Information Officer$3.0m
  • Mr. John SimonExecutive Vice President, General Counsel, Chief Ethics and Compliance Officer$6.1m
  • Mr. Sumeet SinghExecutive Vice President - Operations, Chief Operating Officer, Pacific Gas and Electric, Director, since 2020$4.7m
  • Mr. Jason GlickmanExecutive Vice President - Engineering, Planning and Strategy of Pacific Gas and Electric Company$3.3m
  • Ms. Carla PetermanExecutive Vice President - Corporate Affairs and Chief Sustainability Officer
  • Ms. Marlene SantosExecutive Vice President, Chief Customer and Enterprise Solutions Officer, Pacific Gas and Electric$5.2m
  • Mr. Stephanie WilliamsVice President, Controller of the company and Vice President, Chief Financial Officer and Controller of Pacific Gas and Electric$1.1m
  • Mr. Rajat BahriIndependent Director$299,992
  • Ms. Cheryl CampbellIndependent Director$339,992

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
73
Environment
74
Social
86
Governance
59
Direct emissions (scope 1)
3,730,462 t
Energy emissions (scope 2)
608,934 t
Value chain emissions (scope 3)
42,687,006 t
Women in the workforce
26.2%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • PG&E Corp is one of the largest electric utilities in the United States, serving millions of customers.
  • The company possesses a diverse portfolio of power generation assets, including renewable energy sources.
  • PG&E Corp has a well-established brand and a strong reputation in the energy industry.

Weaknesses

  • PG&E Corp has faced significant criticism and legal challenges due to its role in causing wildfires in California.
  • The company has a history of infrastructure problems, leading to power outages and safety concerns.
  • There is a lack of trust among customers and stakeholders due to past regulatory violations.

Opportunities

  • Investments in renewable energy and clean technologies can help PG&E Corp transition to a more sustainable and environmentally-friendly energy mix.
  • The growing demand for electric vehicles presents an opportunity for the company to expand its customer base and infrastructure to support charging stations.
  • PG&E Corp can collaborate with government agencies and industry partners to modernize and upgrade its aging infrastructure, improving reliability and safety.

Threats

  • Increasing competition in the energy sector poses a threat to PG&E Corp's market share and profitability.
  • Stringent regulations and compliance requirements add complexity and cost to the company's operations.
  • Climate change and extreme weather events increase the risk of wildfires, putting the company under scrutiny and legal liability.

Sources and methodology

Data on this tab
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