Headquartered in Newark, NJ Fiscal year ends December NYSE: PEG investor.pseg.com
Public Service Enterprise Group (PSEG) is a diversified energy company operating primarily in the northeastern and mid-Atlantic United States. Its principal subsidiary, PSE&G, is New Jersey's largest combined electric and gas utility, providing regulated transmission and distribution services to residential and commercial customers. PSEG Power & Other encompasses the company's nuclear generating fleet (including Salem and Hope Creek stations in New Jersey and co-owned Peach Bottom units in Pennsylvania), gas supply operations, PSEG Long Island operations services, competitively bid regulated transmission investments, and parent company activities. The company's strategic focus centers on regulated utility infrastructure investment, energy efficiency programs, grid modernization, and clean energy, with over 90% of its $24-$28 billion five-year capital program directed toward regulated investments. PSEG's nuclear fleet provides carbon-free baseload generation and benefits from production tax credits. The company serves approximately 2.3 million electric and 1.9 million gas customers through PSE&G and operates under the regulatory oversight of the New Jersey Board of Public Utilities and FERC. Updated
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Public Service Enterprise Group (PSEG) is a diversified energy company operating primarily in the northeastern and mid-Atlantic United States.
24/7 Wall St.'s 12-month price target for PEG is $83.23, rated Buy. The Wall Street consensus target is $84.47. PEG price prediction →
