Utilities
Price
$17.05
+2.90%Market Cap
$37.55B
Day High
$17.10
Day Low
$16.65
PG&E Corporation delivered strong Q1 2026 results with revenue rising 15.0% YoY to $6.88B and EPS jumping 39.3% to $0.39, driven by higher operating income, though long-term debt expanded 14.2% to $60.1B and cash declined sharply.
Key risk: Elevated Long-Term Debt Load
PG&E's long-term debt reached $60.1B in Q1 2026, a 14.2% increase YoY, representing a significant leverage burden relative to stockholders' equity of $33.3B. Rising interest rates could increase refinancing costs and pressure future earnings and cash flows.
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