---
title: "PCG PG&E"
canonical: "https://supercyclehq.com/stock/pg-e"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "PCG"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# PG&E (PCG)

PG&E Corporation is the holding company for Pacific Gas and Electric Company, one of the largest utilities in the United States.

## AI Exposure Score

**22/100, Peripheral.** PG&E has disclosed a multi gigawatt pipeline of data center interconnection applications in Northern California and a program under which new large loads help offset bills for other customers. The thesis depends on wildfire safety spending and regulated grid investment, with data centers a small slice of a very large utility.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $13.28 |
| Change 1d | +0.76% |
| Change 7d | +3.35% |
| Change 30d | +7.79% |
| Change 1y | -15.44% |
| 52-week high | $18.92 |
| 52-week low | $11.90 |
| Market cap | $39.9B |
| P/E | 9.84 |
| EPS | $1.35 |
| Next earnings | 2026-10-22 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NYSE |
| Sector | Utilities |
| Headquarters | Oakland, CA |
| CEO | Patricia Kessler Poppe |
| Employees | 29,010 |
| Website | https://www.pgecorp.com |
| Buildout layers | [Utilities & Grid](https://supercyclehq.com/category/utilities-grid) |

## What the company does

PG&E Corporation is the holding company for Pacific Gas and Electric Company, one of the largest utilities in the United States. It delivers electricity and natural gas across Northern and Central California and earns regulated returns on the money it invests in its grid, generation and gas systems.

The AI angle is location. PG&E's territory includes Silicon Valley, and the company has disclosed a multi gigawatt pipeline of data center interconnection applications, concentrated around San Jose. It has also introduced a framework under which new data center load can help offset bills for other customers, making large connections easier to approve. Most of its capital plan, however, still goes to wildfire safety, undergrounding and grid modernization.

PG&E was founded in 1905, is headquartered in Oakland, California, and employs about 29,000 people. Its shares trade on the NYSE.

## Role in the AI buildout

PG&E sits in the Utilities & Grid layer of the AI buildout. Northern California is home to many of the companies driving AI, and their data centers need grid connections that only the incumbent utility can provide. PG&E's disclosed interconnection pipeline around San Jose ties it directly to that demand, and serving it requires new transmission and distribution investment. The exposure is real but diluted: wildfire safety and routine grid spending dominate the capital plan of this very large regulated utility.

## Tracked investors holding it (13F)

| Investor | Fund | Position value | Portfolio % | Change | Period |
| --- | --- | --- | --- | --- | --- |
| [George Soros](https://supercyclehq.com/investors/george-soros) | Soros Fund Management | $179.6M | 2.36% | unchanged | 2026-06-30 |
| [Ray Dalio](https://supercyclehq.com/investors/ray-dalio) | Bridgewater Associates | $99.8M | 0.41% | increased | 2026-06-30 |

## FAQ

### What does PG&E Corporation do?

PG&E Corporation is the parent of Pacific Gas and Electric Company, a regulated utility that delivers electricity and natural gas across Northern and Central California. It earns returns set by regulators on investments in its grid, generation and gas infrastructure.

### How is PG&E Corporation exposed to AI?

PG&E has disclosed a multi gigawatt pipeline of data center interconnection applications in Northern California, centered on the San Jose area. Supercycle rates it Peripheral with an AI Exposure Score of 22 out of 100.

### Why do data centers matter for PG&E?

Data center connections add large, steady electric load that requires new grid investment, which grows the rate base PG&E earns on. The company has also said new large loads can help offset bills for other customers, which supports regulatory approval.

### Who leads PG&E?

Patricia Kessler Poppe serves as CEO. The company is headquartered in Oakland, California, employs about 29,000 people, and was founded in 1905. Its shares trade on the New York Stock Exchange under the ticker PCG.

### Is PCG a pure play AI stock?

No. PG&E is a regulated utility whose earnings are dominated by wildfire safety and grid investment across a huge California territory. Data center growth is one driver among many, so Supercycle classifies it as Peripheral.

---

Source: https://supercyclehq.com/stock/pg-e. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.