Utilities
Price
$73.70
-0.15%Market Cap
$36.73B
Day High
$74.35
Day Low
$73.40
PEG's Q2 FY2026 earnings declined sharply due to rising operating expenses, though operating cash flow improved and regulatory developments created a mixed outlook.
Key risk: Potential Loss of RTO Membership ROE Adder
New legislation requiring membership in an RTO effective January 1, 2027, could lead to the loss of a 50-basis-point ROE adder for PSE&G, reducing annual net income and cash inflows by approximately $40 million.
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