PG&E Corporation
Market Cap
36B
Short interest (Apr 30)
1.6%
Net Short (Jun 03 ): -0.1%
Borrow Fee
0.41%
↑ 27.0%
Available Shares
10M
↓ 0.0%
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Company Overview
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision in 2001-04 during California's energy crisis and in 2019-20 due to wildfire losses. In 2004, PG&E sold its unregulated assets as part of its first postbankruptcy reorganization.
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