PG&E Corporation (PCG), based in Oakland, California, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States through its subsidiary, Pacific Gas and Electric Company. With a market cap of $44.8 billion, the company generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources.
Companies worth $10 billion or more are generally described as "large-cap stocks," PG&E fits this bill perfectly. As a leading energy supplier to residential, commercial, industrial, and agricultural customers, the company benefits from a large portfolio of interconnected transmission lines, electric transmission substations, distribution lines, switching, and distribution substations.
