PG&E has been highlighted for its expanding energy bill assistance and REACH Programs aimed at supporting more customers. Its FY2025 forecasted earnings are set at $1.48 per share according to Zacks. The company's current return on equity stands at 9.3% which puts Management in a favorable light. Notably, PG&E has managed to reinstate its common stock dividends.
Towards decarbonization, PG&E announced the invention of a new production pilot leading to the procurement of renewable natural gas. With its CEO signaling declining power bills, it's evident that climate-tech solutions are at the forefront of the company's objectives. However, risks still remain, especially pertaining to its GHG emissions, mounting debts, and California fire risks.
Pg e Corporation PCG News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 28 Jul 2024 12:14:52 GMT - Rating 5 - Innovation 7 - Information 6 - Rumor -4