Newark, New Jersey-based Public Service Enterprise Group Incorporated (PEG) operates in electric and gas utility, and nuclear generation businesses in the United States. The company has a market cap of $38.7 billion and operates through the PSE&G and PSEG Power segments.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” PEG fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated electrical utilities industry.
