
PG&E Q3 core earnings drop 18% as revenue slips to $6.19B
PG&E Corporation (NYSE:PCG) reported third-quarter 2026 core earnings of $0.41 per diluted share, down from $0.50 a year earlier.
PG&E (NYSE:PCG) today reported solid 2025 financial results on Thursday, Feb. 12, 2026, as the utility successfully converted a "mega-pipeline" of AI data center demand into tangible engineering milestones while keeping a lid on wildfire risks.
PG&E Corporation (NYSE:PCG) today announced financial results for the first quarter of 2026, characterized by steady operational execution and a strategic pivot toward meeting California's surging industrial energy demand.
On this episode of Stock Movers: - PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state's wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock. - Chevron (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan. - Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. It's the only stock rising in the Mag 7 on Monday.
PG&E (NYSE:PCG) reported robust second-quarter 2026 financial results, generating GAAP earnings of $733 million, or $0.33 per diluted share.