PG&E Corp

PCG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$68.60	Xxwp	Cvwwbxf

PG&E Making Progress To De-Risk Operations, Boost Investment

Travis Miller

Jun 14, 2024

Business Strategy and Outlook

PG&E emerged from bankruptcy in July 2020 after 17 months of negotiations with 2017-18 Northern California fire victims, insurance companies, politicians, lawyers, and bondholders. Shareholders lost some $30 billion in settlements, fines, and costs but retained control. Bondholders were mostly made whole.

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