PG&E Corp, based in Oakland, California, is a key player in the energy sector, providing electricity and natural gas to millions in northern and central California. With a rich history dating back to 1905, it harnesses a variety of energy sources including nuclear, hydroelectric, and solar to power homes, businesses, and agricultural operations. The company's extensive infrastructure includes transmission lines, substations, and gas pipelines, ensuring reliable service to its diverse customer base.
Southern California Edison shareholders are funding a $40 billion grid transformation while absorbing wildfire liability that regulators have not yet resolved. Whether that 6% yield compensates for the risk or signals something…
Markets wobble heading into the Labor Day weekend as bond vigilantes push back against Washington, oil stays tense with Middle East strikes escalating, and Wall Street analysts make bold calls on names…
Iran and Venezuela just handed energy investors two completely opposite catalysts at the same time, and Chevron, Exxon, and Halliburton are reacting in real time as traders try to figure out which…
California lawmakers handed utility investors a brutal surprise over the weekend, and the fallout raises an urgent question about whether PG&E and Edison International can absorb what comes next without a credit…
Rate hike fears rattled markets heading into the Labor Day weekend, and Wall Street analysts responded with a flurry of bold calls on utilities, farm equipment giants, and a ticketing upstart that…
David Einhorn built his fortune betting against the crowd, and his latest 13F reveals five positions in corners of the market most investors refuse to touch. One signed acquisition is trading at…
Regulated electric utilities typically anchor retirement portfolios with steady income. Right now, three large-cap names are trading with unusual volatility: Edison International (NYSE: EIX | EIX Price Prediction), Eversource Energy (NYSE: ES),…
Pre-Market Stock Futures: Futures are trading higher after President Trump signalled that talks with Iran are progressing positively, as we get ready to start another trading week, with the same issues that…
Wall Street is turning constructive on the utility sector, and three names are drawing the clearest signals right now. UBS upgraded PG&E to Buy, Raymond James upgraded Algonquin Power to Outperform, and…
Insiders are still scooping up shares of certain stocks, including huge buys at two energy companies, an apparel retailer, and a biotech firm.
Daniel Loeb is the quintessential activist investor. His Third Point Capital hedge fund is known for launching activist campaigns against companies and their boards to shake them out of their lethargy. He…
Why has PG&E CEO Patricia Poppe been decreasing her share count over the past year? Does she know something we don’t know?
Tuesday's top analyst upgrades and downgrades included Cloudflare, Datadog, Dish Network, DraftKings, Fortinet, MGM Resorts, PG&E, Rocket Companies, Southwest Airlines, United Airlines, Wayfair and XPO.
Tuesday's top analyst upgrades and downgrades included Amgen, Array Technologies, Boeing, Carvana, DocuSign, Enterprise Products Partners, Fiserv, Johnson Controls, Monster Beverage, Nvidia, PayPal, PG&E, T-Mobile and Uber Technologies.
As usual, there are no earnings reports scheduled for release after markets close Friday and only a few set for release Monday morning.
