---
schema_version: "secwatch.filing_event.v1"
accession: "0001839882-23-031517"
form_type: "8-K"
ticker: "PCG"
cik: "0001004980"
company_name: "PG&E Corp"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T20:44:05.976625+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PG&E narrows 2023 core EPS to $1.20-1.23, initiates 2024 $1.31-1.35; reinstates dividend

## Summary
- Narrowed 2023 non-GAAP core EPS to $1.20-$1.23; initiated 2024 guidance $1.31-$1.35; no new equity in 2023-2024.
- CPUC GRC final decision authorizes 2023 revenue $13.52B (vs. $15.41B requested) and 2024 $14.24B ($16.34B); rate base $45.8B (vs. $50.4B).
- Authorized 1,230 miles undergrounding (vs. 2,000 requested) and 778 miles covered conductor; denies $0.9B HQ capital costs.
- Reinstated common stock dividend in November 2023, first since 2017; Diablo Canyon license renewal filed with NRC on Nov 7, 2023.
- Moody's outlook revised to Positive in February 2023; P/E discount to peers narrowed to sub-20% from ~50% mid-2022.

## SEC filing metadata
- accession: 0001839882-23-031517
- form_type: 8-K
- ticker: PCG
- cik: 0001004980
- company_name: PG&E Corp
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004980/000183988223031517/0001839882-23-031517-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75488/000183988223031517/pcg_8k-11282023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001839882-23-031517
- JSON: https://secwatch.observer/filing/0001839882-23-031517.json
- Plain text: https://secwatch.observer/filing/0001839882-23-031517.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.