Pacific Gas and Electric Co - Company Profile
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Pacific Gas and Electric Co (PGEC), a subsidiary of PG&E Corp, is an investor-owned energy utility company. It generates electricity; and provides electric transmission and distribution services and natural gas transportation services. The company owns and operates power generation assets; and sources energy from qualifying facilities, and other third-party purchase agreements. PGEC provides natural gas transportation services to core customers including small commercial and residential customers, and to non-core customers: industrial, large commercial and natural gas-fired electric generation facilities. It procures natural gas from the basins in western North America, Rocky Mountains, and South western US. PGEC is headquartered in San Francisco, California, the US.
Headquarters
United States of America
Address
300 Lakeside Drive, Oakland, California, 94612
Website
www.pge.com
Telephone
1 415 9731000
No of Employees
28,000
Industry
Power
Ticker Symbol & Exchange
PCG PR A (AFM)
Revenue (2022)
$24.4B
12.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
14.3%
(2022 vs 2021)
Market Cap*
$98.6M
Net Profit Margin (2022)
XYZ
1.4%
(2022 vs 2021)
* As of and is in US$
Pacific Gas and Electric Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity Transmission and Distribution |
| Natural Gas | Natural Gas Transportation |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company and Orsted entered into a WTG installation contract with Fred. Olsen Windcarrier to install wind turbines at the Baltica 2, lot 3 offshore wind farm in Poland. |
| 2023 | Contracts/Agreements | In December, the company and Orsted awarded a contract to DNV to certify Baltica 2 offshore wind farm in Poland. |
| 2023 | Others | In October, the company announced a new biomass-to-RNG project. |
Competitor Comparison
| Key Parameters | Pacific Gas and Electric Co | Sempra | Edison International | Southern California Edison Co | Pastoria Energy Facility L.L.C. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Oakland | San Diego | Rosemead | Rosemead | Kern County |
| State/Province | California | California | California | California | California |
| No. of Employees | 28,000 | 16,835 | 14,316 | 14,316 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Stephanie N. Williams | Chief Financial Officer; Controller; Vice President | Senior Management | 2023 | - |
| Sumeet Singh | Chief Operating Officer | Senior Management | 2023 | 44 |
| Kaled Awada | Chief People Officer; Executive Vice President | Senior Management | 2024 | - |
| Marlene M. Santos | Executive Vice President; Chief Customer Officer | Senior Management | 2021 | 62 |
| David McCulloch | Vice President; Chief Marketing and Communications Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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