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PG&E Corp (PCG)

PCG on New York Consolidated

69.14USD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Pg&E prices public offering of common stock
Tuesday, 16 Aug 2016 08:59am EDT 

Pg&E Corp : Pg&E corporation announces pricing of public offering of common stock .Says public offering of 4.90 million common shares priced at $63.25per share.  Full Article

PG&E Corporation announces public offering of common stock
Monday, 15 Aug 2016 04:59pm EDT 

Pg&E Corp : PG&E Corporation announces public offering of common stock . Says offering 4.90 million common shares .Expects to contribute all of net proceeds from offering to its regulated utility subsidiary, Pacific Gas and Electric Company.  Full Article

PG&E Q2 earnings per share $0.41
Thursday, 28 Jul 2016 09:11am EDT 

PG&E Corp : Maintaining its previously issued 2016 guidance for non-GAAP earnings from operations in range of $3.65 to $3.85 per share . On a non-GAAP basis, excluding items impacting comparability, PG&E corporation's earnings from operations for Q2 were $0.66 per share . Adjusting previously issued guidance range for 2016 projected GAAP earnings to $2.83 to $3.15 per share . Q2 total operating revenues $4.2 billion versus $4.2 billion . Q2 earnings per share view $0.92, revenue view $4.34 billion -- Thomson Reuters I/B/E/S . Q2 operating earnings per share $0.66 excluding items . Says maintaining its previously issued 2016 guidance for non-GAAP earnings from operations in the range of $3.65 to $3.85 per share . Q2 GAAP earnings per share $0.41 . Says adjusting previously issued guidance range for projected GAAP earnings to $2.83 to $3.15 per share for 2016 .FY2016 earnings per share view $3.72, revenue view $17.90 billion -- Thomson Reuters I/B/E/S.  Full Article

PG&E, labor and environmental groups to continue talks on Diablo Canyon
Tuesday, 26 Jul 2016 04:48pm EDT 

PG&E Corp : Filing with CPUC will be delayed by two weeks .PG&E says co, labor and environmental groups to continue ongoing discussions with select parties on Diablo Canyon joint proposal.  Full Article

Solarcity and PG&E collaborate on energy resource projects
Tuesday, 12 Jul 2016 04:46pm EDT 

Solarcity Corp : Solarcity and PG&E collaborate on distributed energy resource projects .Deploying a portfolio of aggregated DERS to provide PG&E with increased grid flexibility and control.  Full Article

PG&E names David Thomason as Vice President, Controller
Tuesday, 24 May 2016 09:03am EDT 

PG&E Corp : Thomason was also appointed vice president, chief financial officer and controller of corporation's unit pacific gas and electric company .Pg&E Corporation names David Thomason as vice president and controller.  Full Article

PG&E raises qtrly common stock dividend to 49 cents per share
Monday, 23 May 2016 08:06pm EDT 

Pg&E Corp : Raising its quarterly common stock dividend to 49 cents per share, an increase of 3.5 cents per share . Targeting a payout ratio of 55 percent to 65 percent, with intent of reaching approximately 60 percent by 2019 . For 2016, PG&E Corporation has forecasted total capital investments of about $5.6 billion .PG&E Corporation raises common stock dividend, highlights progress at annual shareholder meeting.  Full Article

PG&E raises qtrly common stock dividend to 49 cents per share
Monday, 23 May 2016 03:46pm EDT 

Pg&E Corp : Raising its quarterly common stock dividend to 49 cents per share, an increase of 3.5 cents per share . Targeting a payout ratio of 55 percent to 65 percent, with intent of reaching approximately 60 percent by 2019 . For 2016, PG&E Corporation has forecasted total capital investments of about $5.6 billion .PG&E Corporation raises common stock dividend, highlights progress at annual shareholder meeting.  Full Article

PG&E says board adopts new annual common stock cash dividend of $1.96/shr
Monday, 23 May 2016 07:01am EDT 

Pacific Gas And Electric Co : Board of directors of PG&E Corporation adopted a new annual common stock cash dividend of $1.96 per share . Board adopted new target dividend payout ratio range of 55 to 65 percent, with target to reach payout ratio of about 60 percent by 2019 . For 2016, pg&e corporation has forecasted total capital investments of about $5.6 billion . New annual common stock cash dividend of $1.96 per share an increase from current annual cash dividend of $1.82 per share .Board of unit adopted new annual common stock cash dividend of $976 million an increase from current annual cash dividend of $716 million.  Full Article

Pacific Gas And Electric testing safety drones to inspect electric and gas infrastructure
Wednesday, 18 May 2016 12:00pm EDT 

Pacific Gas And Electric Co : Pacific gas and electric co says testing unmanned aircraft systems to enhance safety and reliability of its electric and gas service .Federal aviation administration has authorized co to use drones to assist with inspections of electric,gas infrastructure.  Full Article

BRIEF-PG&E reaffirms FY forecsat for non-gaap EPS of $3.55-$3.75

* Qtrly gaap net income was $0.79 per share; qtrly non-gaap earnings from operations were $0.86 per share‍​‍​