PG&E Corporation (PCG) stock price, news and key stats
Price
Last close as of Sep 16, 2026. Delayed data; not a live quote.
- Previous close
- $13.15
- Open
- $13.33
- Day range
- $13.22 – $13.43
- Volume
- 22.5M
About PG&E Corporation
Pacific Gas and Electric Company is a utility provider, primarily exposed to regulatory changes and wildfire-related liabilities.
Latest PCG news
- Why California Is Reconsidering Its Decision to Shun Nuclear PowerNYT Business · Sep 9, 2026
California, long regarded as a leader in environmental policy, is reconsidering its stance on nuclear energy as it grapples with ambitious clean energy goals. The state is now contemplating extending the operational life of the Diablo Canyon nuclear power plant, which was slated for retirement in 2016, and is also exploring the possibility of constructing new reactors. This shift marks a significant pivot in the state's energy strategy, driven by the urgent need to address climate change and ensure energy reliability amid increasing demand. The potential extension of Diablo Canyon, which provides about 9% of California's electricity, could play a crucial role in stabilizing the state's grid as it transitions away from fossil fuels. With renewable energy sources like solar and wind facing challenges related to intermittency, nuclear power presents a consistent and low-carbon alternative. Market analysts suggest that this renewed interest in nuclear energy could influence investment patterns, particularly in clean technology and energy infrastructure, as stakeholders seek to balance environmental concerns with energy security. As California moves forward with these considerations, the implications for the broader energy market could be profound. If the state successfully integrates nuclear energy into its clean energy framework, it may set a precedent for other states grappling with similar energy dilemmas. This could lead to a resurgence in nuclear investment across the country, potentially reshaping the landscape of American energy policy and contributing to national efforts to reduce greenhouse gas emissions.
- PG&E CEO calls on California to pass wildfire reform after the shelved effort crushed the stockCNBC Top News · Sep 2, 2026
PG&E CEO Patti Poppe has urged California lawmakers to revive wildfire liability reform following a failed legislative effort that significantly impacted the utility's stock price. The proposal's shelving led to a sharp decline in PG&E shares, reflecting investor concerns over the company's financial stability and future growth prospects. Poppe emphasized that without these reforms, the utility would face increased borrowing costs, which could ultimately translate into higher bills for customers. In light of the legislative setback, PG&E's board is conducting a strategic review to explore various options for restructuring and optimizing spending. This review comes at a critical time as the utility grapples with the financial implications of its wildfire liabilities, which have historically burdened its balance sheet. The outcome of this review, alongside potential legislative action on wildfire reform, will be closely monitored by investors, as it could influence PG&E's operational strategy and market positioning in the coming months.
- Newsom pitches faster wildfire payouts, but you’d lose your right to sueFortune · Aug 25, 2026
California Governor Gavin Newsom is advocating for a significant overhaul of the state's wildfire aid system, proposing a plan that would expedite financial payouts to victims of wildfires. However, this initiative comes with a controversial stipulation: those who accept the faster payments would forfeit their right to sue utility companies and other entities responsible for the fires. This proposal is part of a broader legislative push as the state grapples with increasingly severe wildfire seasons exacerbated by climate change. The implications of this plan could be far-reaching, particularly for California's utility companies, which have historically faced substantial liabilities for wildfire damages. By limiting the legal recourse available to victims, Newsom's proposal aims to reduce the financial burden on utilities and potentially stabilize their operations. However, critics argue that this could undermine accountability and leave victims without adequate compensation for their losses. Market reactions may vary, with utility stocks likely to experience volatility as investors assess the potential for reduced liabilities. Additionally, the proposal could influence insurance markets, as the dynamics of risk and compensation evolve in response to the new framework. As California continues to confront the realities of climate change, the outcome of this legislative push will be closely monitored by stakeholders across various sectors.
Index membership
- S&P 500 · Utilities
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