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The Latest Breaking News from PGE

California promised to close its last nuclear plant. Now Newsom is reconsidering

LOS ANGELES — With the threat of power shortages looming and the climate crisis worsening, Gov. Gavin Newsom may attempt to delay the long-planned closure of California’s largest electricity source: the Diablo Canyon nuclear plant.

Los Angeles Times

PG&E: Q1 Earnings Insights

PG&E: Q1 Earnings Insights

PG&E (NYSE:PCG) reported its Q1 earnings results on Thursday, April 28, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga's Top Ratings Upgrades, Downgrades For April 26, 2022

Benzinga's Top Ratings Upgrades, Downgrades For April 26, 2022

Upgrades According to Susquehanna, the prior rating for Boyd Gaming Corp (NYSE:BYD) was changed from Neutral to Positive. At the moment, the stock has a 52-week-high of $72.72 and a 52-week-low of $50.38. Boyd Gaming closed at $64.20 at the end of the last trading period.

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Analyst Ratings for PG&E

Over the past 3 months, 4 analysts have published their opinion on PG&E (NYSE:PCG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

PG&E wildfire victim trust lobbies Newsom, California lawmakers for $1.5 billion state loan

SACRAMENTO, Calif. — The multibillion-dollar trust fund responsible for paying PG&E Corp. wildfire victims is lobbying Gov. Gavin Newsom and the Legislature for a loan.

Tribune News Service

Executives Sell Over $740M Of 4 Stocks

Although US crude oil futures traded lower on Tuesday, there were a few notable insider trades.

Editorial: PG&E is escaping wildfire prosecutions by paying a relative pittance. That's outrageous

PG&E faced dozens of criminal charges, including multiple felony counts, and the possibility of further legal jeopardy for starting two catastrophic wildfires, including the second-largest in California history. Instead, it was afforded an opportunity available to few other recidivist criminals accused of such serious violations of the law: paying its…

Tribune News Service

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California utility PG&E to pay $55 million over 2 massive wildfires

California utility PG&E to pay $55 million over 2 massive wildfires

The deal means the nation's largest utility will avoid criminal prosecution for the blazes.

PG&E to pay more than $55 million to avoid criminal prosecution for starting two wildfires

Pacific Gas & Electric Co. will avoid criminal charges for two wildfires started by its equipment under settlements announced Monday by district attorneys of six Northern California counties.

Los Angeles Times

California utility to pay $55 million for massive wildfires

California utility to pay $55 million for massive wildfires

Pacific Gas & Electric has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires started by its aging power lines in Northern California

The Independent UK

Storms batter aging power grid as climate disasters spread

Storms batter aging power grid as climate disasters spread

Power outages from severe weather have doubled over the past two decades across the U.S. as a warming climate stirs more destructive storms

The Independent UK

Storms batter aging power grid as climate disasters spread

Storms batter aging power grid as climate disasters spread

Power outages from severe weather have roughly doubled over the past two decades across the U.S. as a warming climate stirs more destructive storms

The Independent UK

4 Energy Stocks Under $10 Wall Street Loves: Tellurian, Energy Transfer, TechnipFMC, and Crescent Point Energy

4 Energy Stocks Under $10 Wall Street Loves: Tellurian, Energy Transfer, TechnipFMC, and Crescent Point Energy

Oil prices are expected to remain above the $100 mark in the coming months amid the tight supply outlook. The rising prices over the past months have helped energy stocks, Energy Transfer (ET), Crescent Point (CPG), TechnipFMC (FTI), and Tellurian (TELL) to gain significantly. Wall Street analysts see further upside…

General Motors vs. Stellantis: Which Auto Manufacturing Stock is a Better Buy?

General Motors vs. Stellantis: Which Auto Manufacturing Stock is a Better Buy?

Automakers are facing some production challenges in the near-term as they transition to EVs. General Motors (GM) and Stellantis (STLA) are considered 2 of the higher-quality companies. But which of these stocks is a better buy now? Read more to find out.

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