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Syndicate
PG&E 35M share Block Trade priced at $14.90 » 10:07
10/28/22
10/28
10:07
10/28/22
10:07
PCG

PG&E

$15.25 /

-0.135 (-0.88%)

The deal range was…

The deal range was $14.75-$15.38. Morgan Stanley acted as sole book running manager for the offering.

ShowHide Related Items >><<
PCG PG&E
$15.25 /

-0.135 (-0.88%)

PCG PG&E
$15.25 /

-0.135 (-0.88%)

10/28/22 Citi
PG&E price target raised to $19 from $14 at Citi
10/25/22 JPMorgan
JPMorgan recommends long Edison, short PG&E pair trade into earnings
10/07/22 RBC Capital
PG&E price target raised to $19 from $16 at RBC Capital
09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
PCG PG&E
$15.25 /

-0.135 (-0.88%)

  • 28
    Oct
  • 05
    Oct
  • 01
    Feb
PCG PG&E
$15.25 /

-0.135 (-0.88%)

PCG PG&E
$15.25 /

-0.135 (-0.88%)

PCG PG&E
$15.25 /

-0.135 (-0.88%)

Recommendations
PG&E price target raised to $19 from $14 at Citi » 07:19
10/28/22
10/28
07:19
10/28/22
07:19
PCG

PG&E

$15.39 /

+0.195 (+1.28%)

Citi analyst Ryan Levine…

Citi analyst Ryan Levine raised the firm's price target on PG&E to $19 from $14 and keeps a Buy rating on the shares. The stock story is continuing to improve with another fire season nearing an end and an "increasingly logical" 49% minority regulated generation sale to drive improved dividend expectations, Levine tells investors in a research note.

ShowHide Related Items >><<
PCG PG&E
$15.39 /

+0.195 (+1.28%)

PCG PG&E
$15.39 /

+0.195 (+1.28%)

10/25/22 JPMorgan
JPMorgan recommends long Edison, short PG&E pair trade into earnings
10/07/22 RBC Capital
PG&E price target raised to $19 from $16 at RBC Capital
09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
PCG PG&E
$15.39 /

+0.195 (+1.28%)

  • 28
    Oct
  • 05
    Oct
  • 01
    Feb
PCG PG&E
$15.39 /

+0.195 (+1.28%)

PCG PG&E
$15.39 /

+0.195 (+1.28%)

PCG PG&E
$15.39 /

+0.195 (+1.28%)

Earnings
PG&E sees FY23 EPS $1.19-$1.23, consensus $1.23 » 08:20
10/27/22
10/27
08:20
10/27/22
08:20
PCG

PG&E

$15.19 /

+0.055 (+0.36%)

The company said,…

The company said, "PG&E Corporation is initiating 2023 GAAP earnings guidance in the range of $0.98 to $1.21 per diluted share. Factors driving GAAP earnings include costs related to unrecoverable interest expense of $370 million to $430 million after tax and other earnings factors, including allowance for funds used during construction equity, incentive revenues, tax benefits, and cost savings, net of below-the-line costs. Additional factors include the amortization of the Wildfire Fund asset and accretion of the related Wildfire Fund liability, PG&E Corporation's and the Utility's reorganization cases under Chapter 11, wildfire-related costs, investigation remedies, and Fire Victim Trust tax benefits, partially offset by prior period net regulatory impact. On a non-GAAP basis, the guidance range for projected 2023 non-GAAP core earnings is initiated at $1.19 to $1.23 per diluted share. The guidance range for non-core items, which management does not consider representative of ongoing earnings, is updated to $50 million to $460 million after tax."

ShowHide Related Items >><<
PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

10/25/22 JPMorgan
JPMorgan recommends long Edison, short PG&E pair trade into earnings
10/07/22 RBC Capital
PG&E price target raised to $19 from $16 at RBC Capital
09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
PCG PG&E
$15.19 /

+0.055 (+0.36%)

  • 05
    Oct
  • 01
    Feb
PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

Earnings
PG&E narrows FY22 core EPS view to $1.09-$1.11 from $1.07-$1.13 » 08:19
10/27/22
10/27
08:19
10/27/22
08:19
PCG

PG&E

$15.19 /

+0.055 (+0.36%)

Consensus $1.09. The…

Consensus $1.09. The company said, "PG&E Corporation is updating 2022 GAAP earnings guidance in the range of $0.80 to $1.01 per diluted share. Factors driving GAAP earnings include costs related to unrecoverable interest expense of $330 million to $370 million after tax and other earnings factors, including allowance for funds used during construction equity, incentive revenues, tax benefits, and cost savings, net of below-the-line costs. Additional factors include the amortization of the Wildfire Fund asset and accretion of the related Wildfire Fund liability, PG&E Corporation's and the Utility's reorganization cases under Chapter 11, wildfire-related costs, investigation remedies, and strategic repositioning costs, partially offset by Fire Victim Trust tax benefit net of securitization and prior period net regulatory impact. On a non-GAAP basis, the guidance range for projected 2022 non-GAAP core earnings is narrowed to $1.09 to $1.11 per diluted share. The guidance range for non-core items, which management does not consider representative of ongoing earnings, is updated to $220 million to $630 million after tax."

ShowHide Related Items >><<
PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

10/25/22 JPMorgan
JPMorgan recommends long Edison, short PG&E pair trade into earnings
10/07/22 RBC Capital
PG&E price target raised to $19 from $16 at RBC Capital
09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
PCG PG&E
$15.19 /

+0.055 (+0.36%)

  • 05
    Oct
  • 01
    Feb
PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

Earnings
PG&E reports Q3 core EPS 29c, consensus 20c » 08:18
10/27/22
10/27
08:18
10/27/22
08:18
PCG

PG&E

$15.19 /

+0.055 (+0.36%)

Reports Q3 revenue…

Reports Q3 revenue $5.39B, consensus $6B. "PG&E is committed to reducing risk and delivering reliable, affordable service to our customers and hometowns, while making the right investments for a clean energy future," said Patti Poppe, CEO of PG&E Corporation. "Fulfilling those goals is essential to our Triple Bottom Line of serving people, the planet, and California's prosperity."

ShowHide Related Items >><<
PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

10/25/22 JPMorgan
JPMorgan recommends long Edison, short PG&E pair trade into earnings
10/07/22 RBC Capital
PG&E price target raised to $19 from $16 at RBC Capital
09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
PCG PG&E
$15.19 /

+0.055 (+0.36%)

  • 05
    Oct
  • 01
    Feb
PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

PCG PG&E
$15.19 /

+0.055 (+0.36%)

Recommendations
JPMorgan recommends long Edison, short PG&E pair trade into earnings » 07:20
10/25/22
10/25
07:20
10/25/22
07:20
EIX

Edison International

$55.78 /

+0.175 (+0.31%)

, PCG

PG&E

$14.73 /

+0.23 (+1.59%)

JPMorgan analyst Jeremy…

JPMorgan analyst Jeremy Tonet lowered the firm's price target on Edison International (EIX) to $70 from $74 and keeps a Neutral rating on the shares ahead of the Q3 results. The analyst says a long Edison, short PG&E (PCG) pair trade screens attractively in the near term. For Edison, Tonet seew Q3 "messaging upside" on further wildfire liability settlement progress pointing to an acceleration of the company's CPUC recovery application filing. On PG&E, downside risk could emerge as the "realities of a potentially extended regulatory process" around Pacific Generation approvals, says the analyst

ShowHide Related Items >><<
PCG PG&E
$14.73 /

+0.23 (+1.59%)

EIX Edison International
$55.78 /

+0.175 (+0.31%)

EIX Edison International
$55.78 /

+0.175 (+0.31%)

10/24/22 Guggenheim
Edison International price target lowered to $66 from $82 at Guggenheim
10/03/22 Credit Suisse
Edison International initiated with a Neutral at Credit Suisse
09/06/22 Morgan Stanley
Edison International downgraded to Underweight at Morgan Stanley
09/06/22 Morgan Stanley
Edison International downgraded to Underweight from Equal Weight at Morgan Stanley
PCG PG&E
$14.73 /

+0.23 (+1.59%)

10/07/22 RBC Capital
PG&E price target raised to $19 from $16 at RBC Capital
09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
04/25/22 Credit Suisse
PG&E initiated with an Outperform at Credit Suisse
PCG PG&E
$14.73 /

+0.23 (+1.59%)

EIX Edison International
$55.78 /

+0.175 (+0.31%)

  • 05
    Oct
  • 01
    Feb
PCG PG&E
$14.73 /

+0.23 (+1.59%)

EIX Edison International
$55.78 /

+0.175 (+0.31%)

PCG PG&E
$14.73 /

+0.23 (+1.59%)

EIX Edison International
$55.78 /

+0.175 (+0.31%)

PCG PG&E
$14.73 /

+0.23 (+1.59%)

Recommendations
PG&E price target raised to $19 from $16 at RBC Capital » 06:37
10/07/22
10/07
06:37
10/07/22
06:37
PCG

PG&E

$14.61 /

-0.14 (-0.95%)

RBC Capital analyst…

RBC Capital analyst Shelby Tucker raised the firm's price target on PG&E to $19 from $16 and keeps an Outperform rating on the shares. The analyst is "encouraged" by the company's wildfire mitigation efforts and series of recent catalysts, including the introduction to the S&P 500. Tucker further states that investors are more comfortable with the Fire Victim Trust sales, as the most recent block of 35M shares saw a more muted reaction from the market.

ShowHide Related Items >><<
PCG PG&E
$14.61 /

-0.14 (-0.95%)

PCG PG&E
$14.61 /

-0.14 (-0.95%)

09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
04/25/22 Credit Suisse
PG&E initiated with an Outperform at Credit Suisse
04/12/22 Mizuho
PG&E price target raised to $18 from $16 at Mizuho
PCG PG&E
$14.61 /

-0.14 (-0.95%)

  • 05
    Oct
  • 01
    Feb
PCG PG&E
$14.61 /

-0.14 (-0.95%)

PCG PG&E
$14.61 /

-0.14 (-0.95%)

PCG PG&E
$14.61 /

-0.14 (-0.95%)

Hot Stocks
PG&E Fire Victim Trust announces sale of 35M shares » 12:09
10/05/22
10/05
12:09
10/05/22
12:09
PCG

PG&E

$14.44 /

+0.235 (+1.65%)

The PG&E Fire Victim…

The PG&E Fire Victim Trust announced that today it sold 35M shares of PG&E stock as part of its work to compensate the victims of fires in California from 2015 to 2018. The Trust was funded with both cash and shares of stock when it was formally created in 2020 pursuant to PG&E's Chapter 11 Plan of Reorganization. "While the stock price has always been unpredictable, our work at the Trust has remained the same: to help fire victims recover from the devastation of the fires in California and move on with their lives," said Trustee Cathy Yanni. "Every decision our team makes-including the sale of stock-is driven by this mission. The sale will help us continue resolving claims and getting money to fire victims equitably and efficiently." On July 1, 2020, 476,995,175 shares of common stock were transferred to the Trust followed on August 3, 2020, with an additional 748,415 shares transferred. As of September 30, the Trust had issued determination notices to 82% of all claimants and paid claimants $5B. Less than 1% of all claims have been appealed.

ShowHide Related Items >><<
PCG PG&E
$14.44 /

+0.235 (+1.65%)

PCG PG&E
$14.44 /

+0.235 (+1.65%)

09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
04/25/22 Credit Suisse
PG&E initiated with an Outperform at Credit Suisse
04/12/22 Mizuho
PG&E price target raised to $18 from $16 at Mizuho
PCG PG&E
$14.44 /

+0.235 (+1.65%)

  • 05
    Oct
  • 01
    Feb
PCG PG&E
$14.44 /

+0.235 (+1.65%)

PCG PG&E
$14.44 /

+0.235 (+1.65%)

PCG PG&E
$14.44 /

+0.235 (+1.65%)

Options
Unusually active option classes on open October 5th » 09:40
10/05/22
10/05
09:40
10/05/22
09:40
IMPP

Imperial Petroleum

/

+

, TWTR

Twitter

$52.05 /

+0.05 (+0.10%)

, CHWY

Chewy

$33.14 /

+0.045 (+0.14%)

, ASHR

X-trackers Harvest CSI 300

$28.10 /

+ (+0.00%)

, CS

Credit Suisse

$4.49 /

+ (+0.00%)

, PCG

PG&E

$14.21 /

+0.005 (+0.04%)

, JD

JD.com

$52.03 /

+ (+0.00%)

, XOM

Exxon Mobil

$95.25 /

+0.01 (+0.01%)

, Z

Zillow

$31.56 /

+0.02 (+0.06%)

Unusual total active…

Unusual total active option classes on open include: DRIP (DRIP), IMPP (IMPP), Twitter (TWTR), CHWY (CHWY), db X trackers China (ASHR), CS (CS), PG&E (PCG), JD (JD), Exxon Mobil (XOM), and Z (Z).

ShowHide Related Items >><<
Z Zillow
$31.56 /

+0.02 (+0.06%)

XOM Exxon Mobil
$95.25 /

+0.01 (+0.01%)

TWTR Twitter
$52.05 /

+0.05 (+0.10%)

PCG PG&E
$14.21 /

+0.005 (+0.04%)

JD JD.com
$52.03 /

+ (+0.00%)

IMPP Imperial Petroleum
/

+

CS Credit Suisse
$4.49 /

+ (+0.00%)

CHWY Chewy
$33.14 /

+0.045 (+0.14%)

IMPP Imperial Petroleum
/

+

TWTR Twitter
$52.05 /

+0.05 (+0.10%)

10/05/22 Vertical Group
Twitter downgraded to Neutral from Buy at Vertical Group
10/05/22 Citi
Citi ups Twitter target to $54.20, says takeover likely to close
08/24/22 Gordon Haskett
Twitter whistleblower has no 'smoking gun,' says Gordon Haskett
08/24/22 Rosenblatt
Rosenblatt downgrades Twitter on risk of Musk using whistleblower suit
CHWY Chewy
$33.14 /

+0.045 (+0.14%)

08/31/22 Guggenheim
Chewy price target lowered to $50 from $55 at Guggenheim
08/31/22 Wedbush
Chewy price target lowered to $35 from $44 at Wedbush
08/31/22 Deutsche Bank
Chewy price target lowered to $40 from $52 at Deutsche Bank
08/31/22 JPMorgan
Chewy price target lowered to $55 from $56 at JPMorgan
ASHR X-trackers Harvest CSI 300
$28.10 /

+ (+0.00%)

CS Credit Suisse
$4.49 /

+ (+0.00%)

09/21/22 RBC Capital
Credit Suisse price target raised to CHF 6.60 from CHF 6 at RBC Capital
08/31/22 Deutsche Bank
Credit Suisse price target lowered to CHF 6 from CHF 7 at Deutsche Bank
08/03/22 Berenberg
Credit Suisse price target lowered to CHF 7 from CHF 8 at Berenberg
08/02/22 Goldman Sachs
Credit Suisse downgraded to Sell from Neutral at Goldman Sachs
PCG PG&E
$14.21 /

+0.005 (+0.04%)

09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
04/25/22 Credit Suisse
PG&E initiated with an Outperform at Credit Suisse
04/12/22 Mizuho
PG&E price target raised to $18 from $16 at Mizuho
JD JD.com
$52.03 /

+ (+0.00%)

09/12/22 Susquehanna
JD.com price target raised to $62 from $55 at Susquehanna
08/24/22 Benchmark
JD.com price target raised to $109 from $106 at Benchmark
08/24/22 Citi
JD.com price target lowered to $91 from $93 at Citi
07/25/22 Morgan Stanley
JD.com named a 'Catalyst Driven Idea' at Morgan Stanley
XOM Exxon Mobil
$95.25 /

+0.01 (+0.01%)

09/12/22 Piper Sandler
Exxon Mobil price target lowered to $108 from $109 at Piper Sandler
09/06/22 Morgan Stanley
Exxon Mobil price target raised to $113 from $107 at Morgan Stanley
08/10/22 Credit Suisse
Exxon Mobil assumed with an Outperform at Credit Suisse
08/01/22 BofA
Exxon Mobil price target raised to $123 from $120 at BofA
Z Zillow
$31.56 /

+0.02 (+0.06%)

09/21/22 Piper Sandler
Piper says slowing housing market remains 'headwind' for Redfin, Zillow
09/19/22 Compass Point
Zillow initiated with Buy on share gain potential at Compass Point
09/19/22 Compass Point
Zillow Group initiated with a Buy at Compass Point
09/08/22 Jefferies
Zillow price target raised to $50 from $48 at Jefferies
Z Zillow
$31.56 /

+0.02 (+0.06%)

XOM Exxon Mobil
$95.25 /

+0.01 (+0.01%)

TWTR Twitter
$52.05 /

+0.05 (+0.10%)

PCG PG&E
$14.21 /

+0.005 (+0.04%)

JD JD.com
$52.03 /

+ (+0.00%)

IMPP Imperial Petroleum
/

+

CS Credit Suisse
$4.49 /

+ (+0.00%)

CHWY Chewy
$33.14 /

+0.045 (+0.14%)

  • 05
    Oct
  • 21
    Mar
  • 01
    Feb
Z Zillow
$31.56 /

+0.02 (+0.06%)

XOM Exxon Mobil
$95.25 /

+0.01 (+0.01%)

TWTR Twitter
$52.05 /

+0.05 (+0.10%)

PCG PG&E
$14.21 /

+0.005 (+0.04%)

JD JD.com
$52.03 /

+ (+0.00%)

CS Credit Suisse
$4.49 /

+ (+0.00%)

CHWY Chewy
$33.14 /

+0.045 (+0.14%)

Z Zillow
$31.56 /

+0.02 (+0.06%)

XOM Exxon Mobil
$95.25 /

+0.01 (+0.01%)

TWTR Twitter
$52.05 /

+0.05 (+0.10%)

PCG PG&E
$14.21 /

+0.005 (+0.04%)

JD JD.com
$52.03 /

+ (+0.00%)

IMPP Imperial Petroleum
/

+

CS Credit Suisse
$4.49 /

+ (+0.00%)

CHWY Chewy
$33.14 /

+0.045 (+0.14%)

Z Zillow
$31.56 /

+0.02 (+0.06%)

XOM Exxon Mobil
$95.25 /

+0.01 (+0.01%)

TWTR Twitter
$52.05 /

+0.05 (+0.10%)

PCG PG&E
$14.21 /

+0.005 (+0.04%)

JD JD.com
$52.03 /

+ (+0.00%)

IMPP Imperial Petroleum
/

+

CS Credit Suisse
$4.49 /

+ (+0.00%)

CHWY Chewy
$33.14 /

+0.045 (+0.14%)

ASHR X-trackers Harvest CSI 300
$28.10 /

+ (+0.00%)

Syndicate
PG&E 35M share Block Trade priced at $13.80 » 08:48
10/05/22
10/05
08:48
10/05/22
08:48
PCG

PG&E

$14.21 /

+1.08 (+8.23%)

The deal priced inside…

The deal priced inside the $13.50-$14.19 marketed range. Morgan Stanley is acting as sole book running manager for the offering.

ShowHide Related Items >><<
PCG PG&E
$14.21 /

+1.08 (+8.23%)

PCG PG&E
$14.21 /

+1.08 (+8.23%)

09/26/22 Morgan Stanley
PG&E continues 'positive momentum' with S&P inclusion, says Morgan Stanley
07/18/22 Barclays
PG&E price target lowered to $16 from $17 at Barclays
04/25/22 Credit Suisse
PG&E initiated with an Outperform at Credit Suisse
04/12/22 Mizuho
PG&E price target raised to $18 from $16 at Mizuho
PCG PG&E
$14.21 /

+1.08 (+8.23%)

  • 05
    Oct
  • 01
    Feb
PCG PG&E
$14.21 /

+1.08 (+8.23%)

PCG PG&E
$14.21 /

+1.08 (+8.23%)

PCG PG&E
$14.21 /

+1.08 (+8.23%)

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