Valued at $35.4 billion by market cap, Oakland, California-based PG&E Corporation (PCG) sells and delivers electricity and natural gas to customers in northern and central California. It generates electricity using nuclear, hydroelectric, fossil fuel, photovoltaic, and other sources.
Companies worth $10 billion or more are generally referred to as “large-cap stocks.” PCG fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size, influence, and dominance in the utilities sector.
