PG&E Bogged Down in 3Q by Bankruptcy, Wildfre Costs

摘要

The bottom line for San Francisco- based Pacifc Gas and Electric Co. (PG&E) in 3Q2019 bled red, with $1.6 billion in losses, with up to $2.2 billion in one-time charges. No quarterly conference call was held for the bankruptcy-bound operator, which said net losses totaled $1.6 billion (minus $3.06/share), versus year-ago profts of $564 million ($1.09).