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Fly News Breaks for July 6, 2018
PCG
Jul 6, 2018 | 13:19 EDT
Citi analyst Praful Mehta reported that the Sacrament Superior court ruled that PG&E is not liable for punitive damages related to the Butte fire, which Mehta said sets a positive precedent for PG&E and other California utilities in terms of the 2017 wildfires. Mehta keeps a Neutral rating on PG&E shares, however, stating that the Tubbs fire outcome and potential impact of legislation are still the key drivers of the stock.
News For PCG From the Last 2 Days
PCG
Apr 25, 2024 | 06:36 EDT
PCG
Apr 25, 2024 | 06:35 EDT
"Our focus on safety and reducing wildfire risk continues every day as we deliver for our customers and our hometowns here in California. We remain committed to building a clean, climate-resilient energy system to meet our customers' future needs at the lowest price for them," said PG&E Corporation CEO Patti Poppe.
