PG&E CORP's ticker is PCG and the CUSIP is 69331C108. A total of 592 filers reported holding PG&E CORP in Q3 2023. The put-call ratio across all filers is 1.48 and the average weighting 0.4%.
About PG&E CORP
PG&E Corp. is a California-based utility company that provides natural gas and electricity to millions of customers in the state. The company has been in the news recently due to its bankruptcy filing in January 2019, which was prompted by billions of dollars in liabilities related to wildfires that occurred in California in 2017 and 2018.
The bankruptcy filing has raised concerns among investors and customers alike, as it is unclear how the company will be able to pay for the damages caused by the wildfires. PG&E has stated that it intends to continue providing service to its customers during the bankruptcy process, but there are fears that the company may have to raise rates in order to cover its costs.
Despite these challenges, PG&E has also been making efforts to improve its safety record and prevent future wildfires. The company has implemented new safety measures, such as increasing inspections of its equipment and trimming trees near power lines, and has also been working with local communities to reduce the risk of wildfires.
Overall, the future of PG&E remains uncertain, but the company's bankruptcy filing and efforts to improve safety are likely to have significant implications for both investors and customers in the coming months and years.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
External links
This page lists PG&E CORP's shareholders in Q3 2023. To view PG&E CORP's shareholder history, click here.