PG&E Corporation is a publicly traded utility holding company based in California, dedicated to delivering safe, reliable, and affordable energy to its customers. The company's mission focuses on providing sustainable energy solutions while prioritizing environmental stewardship and community engagement. PG&E Corporation operates through its subsidiary, Pacific Gas and Electric Company, which supplies electricity and natural gas to millions of customers. The company's strategy emphasizes modernization of infrastructure, investment in renewable energy sources, and enhancing grid resilience to meet the evolving energy needs of California while addressing climate change challenges.

PG&E CORP

Pacific Gas & Electric (PG&E) reported its fourth-quarter 2024 results on February 13, 2025, amid evolving market conditions and significant operational challenges. The utility experienced warmer temperatures in its service areas, likely diminishing electricity demand, which could adversely affect revenues. 

PG&E Set to Report Fourth-Quarter 2024 Results Amidst Revenue Growth and Earnings Challenges

As PG&E navigates a complex landscape of revenue growth and operational hurdles, its latest fourth-quarter results reveal a 2.9% sales increase but a concerning 34% drop in earnings. Can the utility overcome climate-related challenges to restore investor confidence and ensure long-term stability?