
Newark, New Jersey-based Public Service Enterprise Group Incorporated (PEG) is a utilities company, focusing on diversified electric, gas and nuclear generation businesses. Valued at $40.6 billion by market cap, the company operates through PSE&G and PSEG Power segments.
Companies worth $10 billion or more are generally described as “large-cap stocks,” Public Service Enterprise fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the utility space.