Pacific Gas And Electric Co logo

PCG PR A - Pacific Gas And Electric Co News Story

$29.83 -0.5  -1.5%

Large Cap
Market Cap £5.59bn
Enterprise Value £31.28bn
Revenue £13.37bn
Position in Universe th / 6853

Pacific Gas to take $2.5 bln charge related to California wildfires

Thu 21st June, 2018 11:45am
June 21 (Reuters) - PG&E Corp  PCG.N  and its Pacific Gas
and Electric utility will record a pre-tax expense of $2.5
billion in the three months ending June 30, related to the
California wildfires last year.
    Earlier this month, the California Department of Forestry
and Fire Protection said its investigators had found "evidence
of alleged violations of state law" by Pacific Gas and referred
those cases to county prosecutors for further review.*:nL2N1TB00P

 (Reporting by Parikshit Mishra in Bengaluru)
 ((; +91 80 6749 6026;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.