Today, the company most famous for building electric cars, but that's also getting increasingly famous for building big batteries (for utility-scale storage of electricity), announced its latest project. We would like to show you a description here but the site won’t allow us. "Given the many challenges facing California, from wildfires to COVID-19, we know that being a trustworthy partner is more important than ever. Identify stocks that meet your criteria using seven unique stock screeners. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The patrol and inspection efforts include nearly 1,800 ground patrol units, 65 helicopters and one airplane. Once de-energized for a PSPS event, power lines must be visually inspected to ensure that no wind-driven damage or hazards such as tree limbs entwined in lines exist. Enjoy free access to the POWR Ratings for all stocks and ETFs on the quote pages. PG&E Corporation (NYSE: PCG) recorded second-quarter 2020 losses attributable to common shareholders of $1,972 million, or $3.73 per share, as reported in accordance with generally accepted accounting principles (GAAP). The potential shutoff will only affect about 1% of the 5.4M customers within PG&E's service territory.
PCG PG&E $9.92 / -0.115 (-1.15%). Pre-Market Earnings Guidance, PG&E (NYSE:PCG) Releases FY 2020 Meanwhile, PG&E meteorologists are monitoring an additional potential wind event due to arrive Sunday. PG&E crews will have patrolled over 17,000 miles of transmission and distribution lines for damage or hazards before all customers have been restored. The majority of customers affected by this PSPS event are expected to be restored by late Friday. PG&E to cut power in parts of California in fire prevention effort, PG&E CFO Wells jumps to CenterPoint Energy, As high winds near, PG&E warns of power outages, Hedge Fund Collects $3 Billion in Bet on Wildfire Insurance Claims, What To Know About Tesla And PG&E's 'Landmark' Battery Energy Storage System, PG&E Stocks Ticks Up After Its First Post-Bankruptcy Earnings Report, PG&E Corporation (PCG) Q2 Earnings Beat, Revenues Up Y/Y, PG&E Corporation Reports Second-Quarter 2020 Financial Results, Initiates 2020 and 2021 Earnings and EPS Guidance, PG&E Teams Up With Tesla to Build a Giant Battery Storage System for California, • 2021 Stock Market Outlook: Upside & Pitfalls, • Forget Tesla, Buy These 3 Stocks to Profit from the Electric Vehicle Revolution, • 3 Stocks That Could Make New Highs in November. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. In areas where equipment was damaged by the severe wind event, crews worked safely and as quickly as possible to make the repairs and restore those customers. Read the latest events of the Philadelphia Church of God and its members from around the globe. PG&E expects all customers who can receive service will be back in power by 10 p.m. Friday. Latest PCG News From Around the Web. Tomorrow, the company plans to begin notifications two days in advance of the event for potentially impacted customers indicating the possibility of another power shutoff for safety Sunday morning. Due to changing weather conditions Wednesday evening, PG&E was able to decrease customer impact by another 16% than previously estimated, removing about 6,000 customers and eight counties from the scope. Looking for new stock ideas? Pacific Gas and Electric Company will de-energize certain electrical lines for safety over the course of this evening as part of a Public Safety Power Shutoff. Pre-Market Earnings Guidance, California fire risk prompts PG&E power cuts to 361K customers, PG&E PSPS Oct. 27 10:00 PM Update: 97% of Customers Have Been Restored by Tuesday Night, With Essentially All Customers Expected to Have Power Back on Wednesday Morning, 4 Safe Stocks to Lock Down Profits - InvestorPlace, Procter & Gamble Co (PG) Chairman, President & CEO David S Taylor Sold $5 million of Shares - Yahoo Finance, PG&E PSPS Update: More Than 228,000 Customers Have Been Restored by Tuesday Morning, Firefighters battle Southern California blazes as 70,000 remain evacuated, 4 Safe Stocks to Lock Down Profits - Investorplace.com. Essentially all remaining customers-approximately 10,000-are expected to have power back on by noon on Wednesday.
PG&E (PCG) to Report Q3 Earnings: What's in the Offing? Following this all clear, PG&E crews are now beginning power restoration efforts in areas that are still out of power.
The potential PSPS event is still over 24 hours away.
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