PG&E Corporation (PCG)

In the past six months, PG&E's stock experienced downgrades from Morgan Stanley and UBS. First-quarter earnings missed estimates, but the company reaffirmed its full-year EPS guidance. Insider trading activity showed a mix of purchases and sales, and institutional investor activity was significant. The stock price as of July 21, 2025, was $13.38 per share, representing a decrease of -0.07% from the prior week, and a decline of 25.03% over the last year.

Demand for PG&E's electricity and natural gas exhibits seasonality, with peak demand occurring during the summer months. PG&E has launched programs like the "Seasonal Aggregation of Versatile Energy (SAVE)" virtual power plant program and the SmartAC Smart Thermostat program to manage demand during these periods.

PG&E Corporation is a holding company with its primary subsidiary, Pacific Gas and Electric Company, operating in the Utilities sector. It sells and delivers electricity and natural gas to customers across northern and central California, utilizing diverse energy sources and offering energy efficiency programs and renewable energy solutions.

PG&E's service area covers approximately 70,000 square miles in northern and central California, serving around 16 million people. Its infrastructure includes extensive electric and natural gas lines.

PG&E's brand reputation is significantly impacted by its history of liabilities related to wildfires. The company has focused on improving its wildfire prevention strategies, including undergrounding powerlines and deploying AI-enabled weather stations and wildfire cameras. Despite these efforts, the company's reputation has historically suffered from negative media coverage.

PG&E Corporation's ownership is primarily held by institutional investors, who hold approximately 76.91% of the company's stock. The largest individual shareholder is the Fire Victim Trust PGE, owning 7.02% of the company. Retail investors hold approximately 15.76% of the stock, while PG&E insiders hold about 7.33%.