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PG&E Corp

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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation

PG&E Making Progress To De-Risk Operations, Boost Investment

Business Strategy and Outlook

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

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