
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


PG&E Corp (PCG)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/06/2025: PCG (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 34.03% | Avg. Invested days 61 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 37.88B USD | Price to earnings Ratio 15.02 | 1Y Target Price 20.49 |
Price to earnings Ratio 15.02 | 1Y Target Price 20.49 | ||
Volume (30-day avg) 23421622 | Beta 1.04 | 52 Weeks Range 14.97 - 21.66 | Updated Date 04/1/2025 |
52 Weeks Range 14.97 - 21.66 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 0.58% | Basic EPS (TTM) 1.15 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 10.14% | Operating Margin (TTM) 17.76% |
Management Effectiveness
Return on Assets (TTM) 2.47% | Return on Equity (TTM) 8.89% |
Valuation
Trailing PE 15.02 | Forward PE 11.55 | Enterprise Value 96865071318 | Price to Sales(TTM) 1.55 |
Enterprise Value 96865071318 | Price to Sales(TTM) 1.55 | ||
Enterprise Value to Revenue 3.97 | Enterprise Value to EBITDA 10.14 | Shares Outstanding 2193580032 | Shares Floating 2187588334 |
Shares Outstanding 2193580032 | Shares Floating 2187588334 | ||
Percent Insiders 3.28 | Percent Institutions 96.51 |
Analyst Ratings
Rating 4.11 | Target Price 23.43 | Buy 4 | Strong Buy 9 |
Buy 4 | Strong Buy 9 | ||
Hold 5 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
PG&E Corp

Company Overview
History and Background
PG&E Corp was founded in 1905 through the merger of Pacific Gas and Electric Company and San Francisco Gas and Electric Company. Initially focused on gas and electric services, it evolved into one of the largest utility companies in the US, serving Northern and Central California. PG&E filed for bankruptcy in 2019 due to wildfire liabilities, emerging in 2020 after significant restructuring and settlements.
Core Business Areas
- Electric Operations: PG&E's electric operations involve the generation, procurement, transmission, and distribution of electricity to residential, commercial, and industrial customers. This segment handles a diverse energy mix including renewable sources.
- Gas Operations: The gas operations segment focuses on the transmission, storage, and distribution of natural gas to customers. It includes maintaining a vast pipeline network and ensuring safe gas delivery.
Leadership and Structure
PG&E Corp is led by a Board of Directors and a management team headed by the CEO. The organizational structure is divided into functional areas aligning with electric and gas operations, customer service, finance, and regulatory affairs.
Top Products and Market Share
Key Offerings
- Electricity Distribution: Distributes electricity to over 16 million people in Northern and Central California. Market share in its service area is effectively 100%, though subject to regulatory oversight. Competitors are primarily other regulated utilities outside of PG&E's service area and alternative energy sources (e.g., solar). There are no direct competitors within its service area.
- Natural Gas Distribution: Distributes natural gas to approximately 5.2 million customers. Similar to electricity, market share in its service area is effectively a regulated monopoly. Competitors are alternative fuels and energy sources (e.g., propane, electric heating). No direct competitors exist within its regulated service territory.
Market Dynamics
Industry Overview
The utility industry is undergoing significant transformation driven by renewable energy mandates, infrastructure modernization, and increasing regulatory scrutiny related to safety and environmental concerns. Wildfire mitigation has become a major focus in California.
Positioning
PG&E is a major player in the California utility market, facing pressure to improve safety and reliability following past incidents. It holds a monopoly within its service area but operates under strict regulatory oversight and high financial risk due to wildfire liabilities.
Total Addressable Market (TAM)
The total addressable market for electricity and gas in California is estimated at hundreds of billions of dollars. PG&E's position relative to this TAM is significant, but its market share is constrained by its service territory and regulatory environment.
Upturn SWOT Analysis
Strengths
- Large customer base
- Extensive infrastructure network
- Established presence in California
- Investment in renewable energy
Weaknesses
- History of safety incidents
- High debt levels
- Exposure to wildfire liabilities
- Regulatory challenges
- Aging infrastructure
Opportunities
- Infrastructure modernization projects
- Expansion of renewable energy portfolio
- Investment in grid resilience
- Government incentives for clean energy
Threats
- Climate change impacts (e.g., wildfires)
- Increasing regulatory scrutiny
- Rising costs of infrastructure upgrades
- Competition from alternative energy sources
- Economic downturns impacting energy demand
Competitors and Market Share
Key Competitors
- SRE
- EIX
- NRG
Competitive Landscape
PG&E faces challenges related to safety and regulatory compliance compared to competitors. SRE and EIX have less regulatory scrutiny.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been volatile due to bankruptcy and restructuring. Recent performance is focused on operational improvements and financial recovery.
Future Projections: Future growth depends on infrastructure investments, regulatory outcomes, and wildfire mitigation efforts. Analyst estimates vary significantly.
Recent Initiatives: Recent initiatives include wildfire safety programs, grid modernization projects, and investments in renewable energy infrastructure.
Summary
PG&E faces a challenging path towards long-term stability. While it benefits from a large customer base and infrastructure, its history of safety incidents and financial difficulties cast a shadow. Recent initiatives to bolster wildfire safety and modernize the grid are encouraging, but the company must continue to prove its commitment to safety to rebuild investor confidence and achieve sustained growth.
Similar Companies

EIX

Edison International



EIX

Edison International

NEE

Nextera Energy Inc



NEE

Nextera Energy Inc

NRG

NRG Energy Inc.



NRG

NRG Energy Inc.

SRE

Sempra Energy



SRE

Sempra Energy

XOM

Exxon Mobil Corp



XOM

Exxon Mobil Corp
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investment decisions should be made with caution.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About PG&E Corp
Exchange NYSE | Headquaters Oakland, CA, United States | ||
IPO Launch date 1972-06-01 | CEO & Director Ms. Patricia Kessler Poppe | ||
Sector Utilities | Industry Utilities - Regulated Electric | Full time employees 28410 | Website https://www.pgecorp.com |
Full time employees 28410 | Website https://www.pgecorp.com |
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, switching and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. PG&E Corporation was incorporated in 1905 and is based in Oakland, California.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.