PG&E, headquartered in Oakland, California, operates as a holding company for Pacific Gas and Electric Company, providing electricity and natural gas services in northern and central California. The Utility manages 18,000 circuit miles of transmission lines and 33 substations, serving various customer sectors.
PCG has been in the news recently: Pacific Gas and Electric Company (PG&E) has partnered with Fremont Unified School District to launch a fleet of 14 electric buses, supported by 22 chargers and advanced grid technology. Despite missing earnings and sales targets, PG&E Corp's stock experienced a surge, indicating potential for near-term growth.
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