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PG&E Corporation · San Francisco, CA United States ·(NYSE: PCG)

Company Description

1 Market Spear Tower Ste. 2400
San Francisco, CA
94105
United States (Map)
Phone: 415-267-7000
Fax: 415-267-7268
Rankings
  • #352 in FT Global 500
  • #176 in FORTUNE 500
  • S&P 500
  • Dow Jones Utilities
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Utility holding company PG&E Corporation is still recharging its batteries after losing power and declaring bankruptcy following California's energy crisis and the ensuing collapse of the wholesale energy trading industry. Its Pacific Gas and Electric utility serves approximately 5.1 million electric customers and 4.3 million natural gas customers in California. The utility (which was founded in 1905) is also engaged in electricity generation; procurement and transmission; and natural gas procurement, transportation and storage. To read the full description, subscribe now.
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Key PG&E Corporation Financials

Company TypePublic - NYSE: PCG

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$14,628.0
2008 Employees14,649

PG&E Corporation Executives

26 executives listed for PG&E Corporation's San Francisco, CA location.
TitleName & BioContact
Chairman, President, and CEOPeter DarbeeNetwork
SVP, CFO, and Chief Risk and Audit OfficerKent HarveyNetwork
SVP and CIOPatricia LawickiNetwork

Competition

Competitive Landscape for PG&E Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.
Top PG&E Corporation Competitors
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