BRIEF: For the three months ended 31 March 2008, PG&E Corporation's revenues increased 11% to $3.73B. Net income decreased 13% to $224M. Revenues reflect an increase in sales from the electric generation. Net income was offset by higher cost of electricity, an increase in operating & maintenance expenses, higher depreciation, amortization, & decommissioning charges, decreased other income and lower interest income.
OFFICERS: Peter Darbee, Chairman of the Board and CEO, PG&E Corporation;
William T.
Morrow, President and CEO, Pacific Gas and Electric Company ;
Christopher Johns, Senior Vice President, Chief Financial Officer and Treasurer of PG&E Corporation;
Hyun Park, Senior Vice President and General Counsel.
Company reincorp. 1995 in CA.
Direct inquiries to: VP/Investor Relations
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PG&E Corp.
One Market, Spear Tower
Suite 2400
San Francisco , CA 94105
Phone: (415) 267-7000
Fax: (415) 267-7268
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Sector: Utilities
Industry: Electric Utilities
Employees: 20,050
Market Cap (Mil) $ : 14,361.810
Complete Financials: Mar 2008
Updated: 05/09/2008
Earnings Announcements: N/A |
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FUNDAMENTALS
