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 capitalization of $41.9 billion and operates through PSE&G and PSEG Power segments. PEG transmits and distributes electricity and natural gas to residential, commercial, and industrial customers.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." PEG fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the regulated electric utilities industry.
