PG&E Corporation (PCG) hosts a $25M Innovation Fest to tackle energy and wildfire issues and is rolling out a massive 10GW data center expansion that could reduce California’s power bills by 10%. Q2 2025 saw the company miss earnings estimates and experience a 1.5% decline in revenue, causing some investor unease. However, they also reported stable net income growth despite the fall in revenue. Planned partnerships with Habitat For Humanity aim to address housing issues in California, while a $2M climate resilience program was recently completed. Despite missing profit estimates due to increased operational and maintenance costs, the company is projecting 10% EPS growth by 2025 on the back of a $63B capital plan. PG&E is also focusing on environmental efforts, having already surpassed their methane reduction goal and setting a new target for 2030. However, recent regulatory pressures and losses have sparked concerns. Risks notwithstanding, analysts deem the company’s stocks as a solid investment, pointing to strategic investments and recent growth. Jim Cramer urges investors to buy PG&E stocks, terming them as 'dirt cheap'. A surge in bullish sentiment was observed in PG&E options.
Pg e Corporation PCG News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 02 Aug 2025 13:28:21 GMT -
Rating 2
- Innovation 5
- Information 7
- Rumor -4
