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PG&E Corporation (NYSE:PCG ) Q3 2025 Earnings Call October 23, 2025 11:00 AM EDT Company Participants Jonathan Arnold - Vice President of Investor Relations Patricia Poppe - CEO & Director Carolyn Burke - CFO & Executive VP Conference Call Participants Steven Fleishman - Wolfe Research, LLC David Arcaro - Morgan Stanley, Research Division Julien Dumoulin-Smith - Jefferies LLC, Research Division Carly Davenport - Goldman Sachs Group, Inc., Research Division Aidan Kelly - JPMorgan Chase & Co, Research Division Gregg Orrill - UBS Investment Bank, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by. My name is Christa, and I will be your conference operator today.
Utility firm PG&E forecast its full-year 2026 profit narrowly above Wall Street expectations on Thursday, on the back of soaring power demand.
PG&E's aggressive grid upgrades, green energy push and steady returns make it a standout utility investment pick.
PG&E is a major California utility with a $35B market cap, now positioned as a lower-risk investment after years of wildfire challenges. PCG benefits from California's $18B wildfire fund, reduced liability share, and ongoing undergrounding of power lines to mitigate future wildfire risks. A massive capital plan targets datacenter growth and wildfire hardening, with ratepayer support and potential for significant electric bill reductions.
PG&E Corp (NYSE:PCG) is betting big on the power of data. The California utility said Monday it plans to invest $73 billion in transmission upgrades by 2030 as data centers fuel an unprecedented surge in electricity demand.
U.S.-based utility PG&E Corp said on Monday it plans to spend $73 billion by 2030 for transmission upgrades to meet the data center-led surge in electricity demand.
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PG&E Corporation has an unusual bullish call option flow expiring 9/19. First Catalyst: Gov. Newsom's $18 billion to recapitalize California Wildfire Fund. Second Catalyst: Diablo Canyon Nuclear Power Plant 20-year renewal approval.
Utility stocks are typically known for their predictability, not for explosive growth. It is especially noteworthy, then, when market indicators begin flashing for one of the utility sector's most-watched companies.
PG&E Corporation (NYSE:PCG ) Q2 2025 Earnings Conference Call July 31, 2025 11:00 AM ET Company Participants Carolyn J. Burke - CFO & Executive VP Jonathan P.