PCG
PG&E Corp (PCG) Q2 2026 Earnings Call Highlights: Strong EPS Growth and Strategic Capital ...
Article Summary
HOLD- PG&E Corp. (NYSE: PCG) reported strong earnings growth and reaffirmed full-year core EPS guidance for 2026, with $1.64-1.66 EPS guidance up 10% year-over-year and a 9% annual EPS target of 9% plus from 2027 through 2030, supported by a $73 billion capital plan through 2030 with no additional equity financing required and a 20% dividend target of 20% by 2028 compared to implied 12% in 2026.
- PG&E has achieved significant safety improvements with zero public safety incidents from asset failures and no major fires linked to its equipment for four consecutive years, achieved $40 million in O&M cost savings through targeted sourcing and procurement initiatives, and secured $4.4 billion in utility debt financing including $2.2 billion bond issuance in June.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 5.3% | 25% | 35.0 ptsBelow Screener (5.3%) - Weak growth |
| EPS Growth Next 5Y ? | 9.5% | 25% | 20.0 ptsWeak (9.5%) - Low expectations |
| Target Price Upside ? | 31.1% | 20% | 85.0 ptsLarge Upside (31.1%) - Target: $23.00 vs Current: $17.54 |
| Gross Margin % ? | 19.7% | 15% | 20.0 ptsThin (19.7%) - Low-margin business |
| Drawdown from 52-Wk High ? | -8.4% | 15% | 20.0 ptsBarely a Dip (-8.4%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About PCG
- PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.
- It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cells, and photovoltaic sources.
- The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, switching and distribution substations; and natural gas transmission, storage, and distribution systems consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities.
- It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities.
- The company was incorporated in 1995 and is based in Oakland, California.