PG&E Corp

PCG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$68.40	Whpn	Zrhtjjdd

PG&E Reinstates Dividend With Plenty of Growth Opportunities Ahead

Travis Miller

Nov 28, 2023

Business Strategy and Outlook

PG&E emerged from bankruptcy in July 2020 after 17 months of negotiating with 2017-18 Northern California fire victims, insurance companies, politicians, lawyers, and bondholders. Shareholders lost some $30 billion in settlements, fines, and costs, but PG&E exited with bondholders made whole and shareholders still in control.

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