에 대한 최신 뉴스 PG&E (NYSE:PCG) 주식

PG&E

PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.

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이들 9개 대형주는 지난주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 모빌아이 글로벌(NASDAQ:MBLY)의 주식은 국채 수익률 상승으로 인한 전반적인 시장 약세로 21.83% 하락했다.

모빌아이, 팔란티어 및 어펌 지난주 최악의 성과를 보인 9개 대형주 중 일부 (1월 6일-10일)

General

로스앤젤레스에서 산불이 계속해서 큰 피해를 주고 있는 가운데, 투자자들의 에디슨 인터내셔널(NYSE:EIX)의 재무 안정성에 대한 신뢰가 약화되고 있다. 이는 이 회사의 장비가 산불을 유발했을 가능성 때문에 발생한 우려이다.

로스앤젤레스 산불이 투자자 불안 촉발: 에디슨 인터내셔널 주식, 수요일 10% 하락 마감

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비스트라, 엔터지, 니소스 및 PG&amp;E: JP모건이 뽑은 2025년 긍정적인 유틸리티 4개 기업

PG&E Corp

Litman Gregory Funds Trust Polen Capital Global Growth ETF

PC Group Inc

Pacific Gas & Electric Co. 6% Preferred Stock

Pacific Gas & Electric Co

Pacific Gas & Electric Co. 5 1/2% Preferred Stock

Pacific Gas & Electric Co. 5% 1st Preferred Stock

Pacific Gas & Electric Co. 5% 1st Red. Preferred Stock

Pacific Gas & Electric Co. 5% 1st A Preferred Stock

Pacific Gas & Electric Co. 4.80% 1st Preferred Stock

Pacific Gas & Electric Co. 4.50% 1st Preferred Stock

Pacific Gas & Electric Co. 4.36% 1st Preferred Stock

PG&E Corp 6.000% Series A Mandatory Convertible Preferred Stock

UBS analyst Gregg Orrill maintains PG&amp;E (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) with a Buy and lowers the price target from $24 to $22.

Price Target

UBS Maintains Buy on PG&E, Lowers Price Target to $22

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Ormat Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORA#NYSE">ORA</a>)</h3>
<ul>
<li>On Jan. 22, Ormat Technologies signed a 10-year PPA with Calpine Energy Solutions for up to 15MW of carbon-free geothermal capacity. The company' stock fell around 9% over the past month and has a <a href="https://www.benzinga.com/quote/ORA">52-week low of $59.41</a>.</li>
<li>RSI Value: 26.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>ORA Price Action: Shares of Ormat Technologies fell 3.3% to close at $62.51 on Tuesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012925&amp;t=be2bearmibe3na1">ORA news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012925&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="915" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064426/image-226.png" alt="" class="wp-image-755529" style="width:606px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064426/image-226.png 915w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064426/image-226-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064426/image-226-768x703.png 768w" sizes="(max-width: 915px) 100vw, 915px" /></a></figure>
<h3 class="wp-block-heading">AES Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AES#NYSE">AES</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>The AES will host a conference call on Friday, Feb. 28, 2025 to review its fourth quarter and full year 2024 financial results. The company's stock fell around 13% over the past month and <a href="https://www.benzinga.com/quote/AES">has a 52-week low</a> of $10.81.</li>
<li>RSI Value: 27.8</li>
<li>AES Price Action: Shares of AES fell 3.8% to close at $11.01 on Tuesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012925&amp;t=be2bearmibe3na1">AES stoc</a>k. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012925&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="917" height="840" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064626/image-227.png" alt="" class="wp-image-755532" style="width:541px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064626/image-227.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064626/image-227-300x275.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064626/image-227-768x704.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">PG&amp;E Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>)</h3>
<ul>
<li>On Jan. 27, Barclays analyst Nicholas Campanella maintained PG&amp;E with an Overweight and lowered the price target from $24 to $23.. The company's stock fell around 21% over the past month and has a 52-week<a href="https://www.benzinga.com/quote/PCG"> low of $15.78.</a></li>
<li>RSI Value: 26.1</li>
<li>PCG Price Action: Shares of PG&amp;E fell 2% to close at $15.96 on Tuesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012925&amp;t=be2bearmibe3na1">breakout in PCG shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012925&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="862" height="836" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064717/image-228.png" alt="" class="wp-image-755533" style="width:569px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064717/image-228.png 862w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064717/image-228-300x291.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29064717/image-228-768x745.png 768w" sizes="(max-width: 862px) 100vw, 862px" /></a></figure>
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<li><a href="https://www.benzinga.com/25/01/43263799/wall-streets-most-accurate-analysts-spotlight-on-3-tech-telecom-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Tech &amp; Telecom Stocks Delivering High-Dividend Yields</a></li>
</ul>

Pre-Market Outlook

Top 3 Utilities Stocks That May Rocket Higher This Month

Barclays analyst Nicholas Campanella maintains PG&amp;E (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) with a Overweight and lowers the price target from $24 to $23.

Barclays Maintains Overweight on PG&E, Lowers Price Target to $23

WIIM

PG&E shares are trading lower amid weakness in utility stocks. The stock recently was under pressure amid CA fires.

Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) stock has recently faced volatility amid shifting investor sentiment <a href="https://www.benzinga.com/topic/utilities">and market dynamics.</a>
Activist investor Dan Loeb&#8216;s hedge fund, Third Point, held 49.7 million shares in utility company Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) as of Sept. 30, 2024, making it the fund&#8217;s largest <a href="https://www.benzinga.com/news/large-cap/25/01/42788070/hedge-fund-giant-dan-loebs-pge-bet-beats-market">holding at the time.</a>
On Jan. 13, 2025, BMO Capital analyst James M. Thalacker initiated coverage on the company with an Outperform and<a href="https://www.benzinga.com/quote/pcg/analyst-ratings" target="_blank" rel="noreferrer noopener"> a price target of $21</a>.
The analyst writes that he views PCG shares as a core holding in the regulated utility sector, offering investors a rare combination of deep value and premium, visible growth potential.
Thalacker&#8217;s five-year forecast (2024-2028) projects EPS growth of around 9.2% and rate base growth of about 10%, aligning with the company's long-term EPS target of at least 9%.
Also, on Dec. 17, JPMorgan analysts Jeremy Tonet and Richard W. Sunderland stated that they believe PG&amp;E's wildfire mitigation investments, data center pipeline and re-rating potential <a href="https://www.benzinga.com/news/large-cap/25/01/42788070/hedge-fund-giant-dan-loebs-pge-bet-beats-market" target="_blank" rel="noreferrer noopener">could drive substantial gains</a>. 
Notably, last month, the Department of Energy disclosed plans to provide Pacific Gas &amp; Electric with a record $15 billion loan guarantee to strengthen its electrical grid and support climate resiliency initiatives.
If finalized, the loan guarantee for PG&amp;E&#8217;s Project Polaris will support hydropower, battery storage, transmission upgrades, and virtual power plants across its service area.
The Energy Department said that these infrastructure investments will enable PG&amp;E to address projected load growth, enhance electric reliability, <a target="_blank" href="https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-pacific-gas-electric-company-expand-hydropower" rel="noreferrer noopener">and</a> lower costs for consumers throughout California.
Earlier, during its third-quarter earnings call, PCG raised its five-year capital investment plan by $1 billion, bringing the total to $63 billion for <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41800512/pg-e-corporation-reports-strong-third-quarter-results-strengthens-2024-guidance-initiates-2025-gui" rel="noreferrer noopener">the 2024-2028 period</a>.
The company also reaffirmed its equity issuance guidance <a href="https://www.benzinga.com/calendars/guidance">of $3 billion for 2025-2028</a>.
The company expects to release its fourth-quarter earnings <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">results in February 2025</a>.
Investors can gain exposure to the stock via VanEck Uranium and Nuclear ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NLR#NYSE">NLR</a>) and Themes ETF Trust Themes Uranium &amp; Nuclear ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/URAN#BATS">URAN</a>).
Price Action: PCG shares are up 4.71% at $17 at last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/01/42983439/la-braces-for-another-extreme-fire-weather-scenario-multiple-lawsuits-filed-against-edison-over-eaton-fire-damages" target="_blank" rel="noreferrer noopener">LA Braces For More &#8216;Extreme Fire Weather,&#8217; Multiple Lawsuits Filed Against Edison Over Eaton Fire Damages</a></li>
</ul>
Photo: Shutterstock

Hedge Funds

Initiation

Themes ETF Trust Themes Uranium & Nuclear ETF

URAN

Dan Loeb's PG&E Play: Growth, Resilience, And $63 Billion Investments

Benzinga's options scanner just detected over 9 options trades for PG&amp;E (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) summing a total amount of $1,435,040.
At the same time, our algo caught 2 for a total amount of 215,000.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $17.0 to $19.0 for PG&amp;E during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for PG&amp;E's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of PG&amp;E's whale trades within a strike price range from $17.0 to $19.0 in the last 30 days. 
<h3>PG&amp;E Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736958634_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PCG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.01</td>
<td>$0.99</td>
<td>$1.0</td>
<td>$18.00</td>
<td>$600.5K</td>
<td>784</td>
<td>6.1K</td>
</tr>
<tr>
<td>PCG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$3.1</td>
<td>$3.05</td>
<td>$3.1</td>
<td>$17.00</td>
<td>$246.2K</td>
<td>2.1K</td>
<td>802</td>
</tr>
<tr>
<td>PCG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$3.95</td>
<td>$3.9</td>
<td>$3.95</td>
<td>$17.00</td>
<td>$145.3K</td>
<td>145</td>
<td>368</td>
</tr>
<tr>
<td>PCG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.15</td>
<td>$1.06</td>
<td>$1.15</td>
<td>$18.00</td>
<td>$114.8K</td>
<td>784</td>
<td>9.3K</td>
</tr>
<tr>
<td>PCG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$1.23</td>
<td>$1.06</td>
<td>$1.09</td>
<td>$17.00</td>
<td>$111.0K</td>
<td>1.4K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About PG&amp;E</h3>
PG&amp;E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&amp;E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&amp;E sold its unregulated assets as part of an earlier postbankruptcy reorganization.
<h3>Current Position of PG&amp;E</h3>
<ul>
<li>Currently trading with a volume of 18,219,134, the PCG's price is up by 5.02%, now at $17.04. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 36 days.</li>
</ul>
<h3>Professional Analyst Ratings for PG&amp;E</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $22.25.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from UBS persists with their Buy rating on PG&amp;E, maintaining a target price of $24. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on PG&amp;E, which currently sits at a price target of $20. 
&#x2A; An analyst from Barclays persists with their Overweight rating on PG&amp;E, maintaining a target price of $24. 
&#x2A; An analyst from BMO Capital has revised its rating downward to Outperform, adjusting the price target to $21. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest PG&amp;E options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

What the Options Market Tells Us About PG&E

The Los Angeles area is bracing Tuesday for another stretch of "extreme fire weather&#8221;: the National Weather service issued a &#8220;Particularly Dangerous Situation" red flag warning for<a href="https://www.benzinga.com/general/sports/25/01/42963718/beyonce-pledges-25-million-to-help-california-wildfire-relief-efforts-nfl-donates-5-million-moves-mondays-playoff-game-to-arizona"> Southern California. </a> 
The Details: Firefighters are again facing high winds of 40 to 70 miles per hour as they fight to contain the wildfires that have caused at least 25 deaths and burned more than 60 square miles in the Los Angeles area.&nbsp;
The Los Angeles Fire Department reports the Eaton Fire is now at 35% containment and the Palisades Fire is now at 17% containment as of Tuesday morning.&nbsp;
"Severe fire weather conditions will continue through tomorrow," Los Angeles County Fire Chief Anthony C. Marrone said.
"The worst winds are predicted today for the late afternoon and into Wednesday," Marrone added.&nbsp;
Approximately 88,000 Los Angeles County residents are under evacuation orders and more than 84,000 residents are under evacuation warnings, county Sheriff Robert Luna said Tuesday during a news conference, as reported by CNN.
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Edison Faces Lawsuits: At least five lawsuits were filed against Southern California Edison, a subsidiary of Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>), on Monday, according to an ABC News <a href="https://abc7.com/post/california-wildfires-2-lawsuits-filed-southern-edison-eaton-fire-pasadena-altadena/15796131/">report</a>.&nbsp;
The lawsuits allege Edison failed to de-energize its electrical equipment that potentially ignited the Eaton fire despite red flag warnings issued by the National Weather Service.
California fire agencies also confirmed on Monday they are investigating Southern California Edison over the possibility that downed utility equipment contributed to the Hurst fire, according to<a href="https://www.latimes.com/california/story/2025-01-12/officials-investigating-whether-southern-california-edison-equipment-ignited-hurst-fire"> a report</a> from the Los Angeles Times. 
The company said<a href="https://www.benzinga.com/pressreleases/25/01/b42935494/edison-international-provides-latest-update-on-southern-california-wildfires-and-sce-power-outages"> in a statement</a> on Sunday that it filed two Electric Safety Incident Reports, one related to the Eaton fire and one related to the Hurst fire.&nbsp;
SCE said a downed power line was discovered at a time and location near the Hurst fire ignition, but it does not yet know whether the damage occurred before or after the start of the fire.&nbsp;
&#8220;We&#8217;ve seen in your reporting the videos, we&#8217;ve seen the photos, so we know that there was fire there. We don&#8217;t know what caused it,&#8221; Edison CEO Pedro Pizarro <a href="https://abc7.com/post/california-wildfires-2-lawsuits-filed-southern-edison-eaton-fire-pasadena-altadena/15796131/">told ABC7 </a>on Monday.
&#8220;Again, there was the obvious signature that we would see normally, but we have not been able to get up close to those lines because firefighters have determined that it hasn&#8217;t been safe to do that yet. Whatever we find, we&#8217;ll be transparent with our public,&#8221; Pizarro added.
In 2021, SCE agreed to pay $550 million in fines and penalties related to fires that year which burned more than 380,000 acres and destroyed thousands of homes.
Edison International stock has fallen nearly 28% since the fires began last week. Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>), another California utility, has seen its stock fall nearly 20% in the past week.  
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</ul>
Image: Shutterstock.

Legal

LA Braces For More 'Extreme Fire Weather,' Multiple Lawsuits Filed Against Edison Over Eaton Fire Damages

Shares of California utility companies are trading lower amid wildfires in California.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>BMO Capital analyst Charlie Lederer initiated coverage on AXIS Capital Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) with a Market Perform rating and announced a price target of $93. Axis Capital shares closed at $85.54 on Friday. S<a href="https://www.benzinga.com/quote/AXS/analyst-ratings">ee how other analysts view this stock.</a></li>
<li>D. Boral Capital analyst Jason Kolbert initiated coverage on Checkpoint Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CKPT#NASDAQ">CKPT</a>) with a Buy rating and announced a price target of $9. Checkpoint Therapeutics shares closed at $3.16 on Friday. <a href="https://www.benzinga.com/quote/CKPT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities analyst Neal Dingmann initiated coverage on California Resources Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRC#NYSE">CRC</a>) with a Buy rating and announced a price target of $75. California Resources shares closed at $52.73 on Friday. <a href="https://www.benzinga.com/quote/CRC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst James Thalacker initiated coverage on PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) with an Outperform rating and announced a price target of $21. PG&amp;E shares closed at $17.17 on Friday. S<a href="https://www.benzinga.com/quote/PCG/analyst-ratings">ee how other analysts view this stoc</a>k.</li>
<li>Cantor Fitzgerald analyst Matthew Prisco initiated coverage on Onto Innovation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTO#NYSE">ONTO</a>) with an Overweight rating and announced a price target of $250. Onto Innovation shares closed at $189.61 on Friday. <a href="https://www.benzinga.com/quote/ONTO/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying PCG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="570" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13092647/image-76-1024x570.png" alt="" class="wp-image-730611" style="width:629px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13092647/image-76-1024x570.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13092647/image-76-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13092647/image-76-768x427.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/13092647/image-76.png 1132w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

BMO Capital analyst James Thalacker initiates coverage on PG&amp;E (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) with a Outperform rating and announces Price Target of $21.

BMO Capital Initiates Coverage On PG&E with Outperform Rating, Announces Price Target of $21

These nine large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares declined 21.83% amid overall market weakness due to a rise in yields.</li>
<li>Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>) stock fell 18.76%, probably due to wildfires in California.</li>
<li>Constellation Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) stock dipped 18.31% after the company reported worse-than-expected results and cut its FY25 adjusted EPS<a href="https://www.benzinga.com//node/42913319" target="_blank" rel="noreferrer noopener"> guidance and sales growth outlook</a>.</li>
<li>Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) stock declined 14.19%, probably due to wildfires in California.</li>
<li>ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) stock declined 12.59% after Truist Securities downgraded the stock from Buy to Hold and lowered <a href="https://www.benzinga.com/quote/on/analyst-ratings" target="_blank" rel="noreferrer noopener">its price forecast from $85 to $60</a>.</li>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) stock fell 11.52% amid overall market weakness, driven by a rise in yields.</li>
<li>Coherent Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) shares decreased 10.66%, probably due to overall market weakness following recent economic data and a rise in yields.</li>
<li>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares decreased 10.55%, probably due to overall market weakness.</li>
<li>The Campbell&#8217;s Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>) stock lost 10.22% last week. Wells Fargo lowered the <a href="https://www.benzinga.com/quote/cpb/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast</a> on the stock from $45 to $43 but maintained an equal-weight rating.</li>
</ol>
Photo via Affirm
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Mobileye, Palantir Tech And Affirm Are Among Top Large Cap Losers Last Week (Jan 6-10): Are The Others In Your Portfolio?

California utility companies could come under pressure from regulators and investors after devastating Los Angeles wildfires have left at five people dead and almost 180,000 evacuated from their homes due to <a href="https://www.benzinga.com/25/01/42899028/la-wildfire-damages-estimated-above-52-billion-california-property-insurance-crisis">multiple wildfires</a>. 
Here's the latest.
What Happened: Areas near Los Angeles, California have <a href="https://www.benzinga.com/general/entertainment/25/01/42888380/los-angeles-fires-shut-down-production-of-tv-shows-fallout-abbott-elementary-hacks-film-premieres-canceled-critics-choice-awards-delayed">been hardest hit</a> by one of the most destructive wildfire events in the state.
At least five people are dead, found in buildings in Altadena, where the Eaton Fire exploded Tuesday night, as <a href="https://www.latimes.com/california/story/2025-01-08/fire-weather-fierce-winds-los-angeles">reported </a>by the LA Times.
179,783 people are under evacuation orders as of Thursday, according to Los Angeles Sheriff Robert Luna, <a href="https://www.nbcnews.com/weather/wildfires/live-blog/california-wildfires-live-updates-deadly-blazes-spread-hollywood-hills-rcna186927">NBC News </a>reported. Another 200,000 face evacuation warnings. 
Over 2,000 buildings have been burned. Multiple fires continue blazing Thursday and have not been contained.
&#8220;What we saw here in the last 24 hours is unprecedented," LAPD Chief Jim McDonnell said Wednesday. "I've never seen anything like this."
Limited resources including a lack of firefighters, firetrucks and water in fire hydrants have been reported in several regions.
California Gov. Gavin Newsom has called on the National Guard for its assistance in helping with evacuation orders and to assist with the devastating fires.
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Utility Stocks in Focus: Utility companies including Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>) and San Diego Gas &amp; Electric, which is owned by Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>), began cutting power to customers to reduce fire risk ahead of elevated winds during the week, as reported by The New York Times.
Edison plans to continue utility shutoffs for customers through Friday after already cutting power to over 150,000 customers.
Restoration of power for customers will depend on future weather, the containment of fires and inspections of power lines.
"Our top concern right now is the safety of our customers, crew members and emergency personnel," Edison spokesman David Eisenhauer said.
Edison <a href="https://www.businesswire.com/news/home/20250108156871/en/Edison-International-Provides-Update-on-Southern-California-Wildfires-and-SCE-Power-Outages">said </a>the fires, which it called an "extreme weather event," are an evolving situation it is monitoring.
"Safety remains our number one priority for customers, employees and our communities," the company said.
Public safety power shutoffs have been conducted by SDG&amp;E due to the dry conditions and Santa Ana winds, the company <a href="https://www.sdgetoday.com/news/sdge-responds-extreme-weather-continued-public-safety-power-shutoffs-0">said </a>Wednesday. The proactive measure is being done to protect public safety and help reduce wildfire risk.
A statement from Pacific Gas &amp; Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) <a href="https://www.pge.com/en/newsroom/currents/safety/southern-california-wildfires--pg-e-crews--helicopters-and-wildf.html">said </a>the company has sent helicopters and wildlife resources to the region to help with the fires, including two Blackhawk helicopters.
PG&amp;E said it is monitoring conditions in its serviced areas including Kern, Santa Barbara and San Luis Obispo counties.
Edison stock was <a href="https://www.benzinga.com/news/25/01/42894683/los-angeles-wildfires-stoke-investor-fears-edison-internationals-stock-ended-10-lower-on-wednesday-amid-concerns-over-possible-equipment-links-to-forest-fires">hit the hardest</a> of the utility companies connected to the California wildfires, falling 10% to $69.50 on Wednesday. The stock is now down 5% over the last year.
Pacific Gas &amp; Electric shares fell 4% to $19.25 on Wednesday.
Sempra shares fell 2% to $82.82 on Wednesday.
These utility companies remain top holdings in utility ETFs. In the SPDR Select Sector Fund – Utilities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>), Sempra is the sixth largest holding at 4.5% of assets, PCG 10th largest at 3.6% of assets and EIX comprises 2.3% of the ETF&#8217;s assets.
In the Vanguard Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VPU#NYSE">VPU</a>), Sempra (4.3% of assets), PG&amp;E (3.2% of assets) and Edison International (2.5%) are among the largest holdings. 
Fire Cause: One of the key question on the minds of California residents and investors will be who or what caused the fire. Right now, this remains a mystery.
As the New York Times <a href="https://www.nytimes.com/2025/01/08/us/what-caused-california-fires.html">reports</a>, scrutiny of power lines will likely come after the fires, as utility equipment has led to some of the largest California wildfires in the past, including the 2018 Camp Fire that left 85 people dead.
In 2024, four wildfire incidents were caused by utility equipment, including two by Edison International-owned Southern California Edison, according to the report.
Pacific Gas &amp; Electric, which may have limited exposure to this week&#8217;s infernos, is a lesson in the liability risk that California utilities face.
The utility company declared bankruptcy in 2019 related to damages and claims from wildfires. This included a<a href="https://www.benzinga.com/news/19/12/14953787/pg-e-trades-higher-on-13-5b-wildfires-settlement"> $13.5 billion settlement </a>for its alleged role in the fires. The company emerged from bankruptcy in 2020.
In 2024, Pacific Gas &amp; Electric paid $45 million in penalties related to the Dixie Fire in 2021, which state regulators found was linked to the company's power lines, as <a href="https://www.cnn.com/2024/01/26/us/pacific-gas-electric-settlement-dixie-fire-california/index.html">reported </a>by CNN.
California state law AB-1054, passed in 2019, established a Wildfire Fund of up to $21 billion to provide liquidity for fire events in the state and limits the liability of utility companies.
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Photo via Shutterstock.

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5 Dead, Nearly 180,000 Evacuated In Los Angeles Wildfires: California Utilities Face Scrutiny

As wildfires continue to wreak havoc in Los Angeles, investor confidence in the financial stability of Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>) is waning. The concern stems from the possibility that the company&#8217;s equipment may have sparked the fires.
What Happened: Southern California electric utility&#8217;s stock price plummeted by 10% on Wednesday, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>, in the wake of the wildfires. The exact cause of the fires is yet to be determined, with investigations likely to span weeks or even months, The Wall Street Journal <a href="https://www.wsj.com/finance/wildfires-are-making-investors-nervous-about-los-angeles-area-utility-again-0f448a84">reported</a> on Thursday.
California&#8217;s &#8220;inverse condemnation&#8221; law holds utilities strictly liable&nbsp;for property damage caused by&nbsp;their power lines and equipment, irrespective of fault. This law has previously driven major utilities, such as PG&amp;E (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>), into bankruptcy following a single wildfire.
Pedro Pizarro, CEO of Edison, has in the past conceded the company&#8217;s susceptibility to wildfires. In a&nbsp;2019 interview with the Los&nbsp;Angeles Times, Pizarro stated that the company&#8217;s solvency was partly due to luck and risk mitigation efforts. He also cautioned that Edison could face bankruptcy in the aftermath of a major fire.
Despite legislative efforts to reduce utilities&#8217; liability risk, including laws allowing utilities to recoup wildfire costs from customers and the establishment of an insurance fund, the financial risk posed by wildfires remains substantial. The insurance fund&#8217;s total assets of $11.4 billion are overshadowed by the potential costs of a major wildfire, as evidenced by the $16.5 billion in damage caused by the 2018 Camp Fire.
Edison&#8217;s financial stability remains precarious, with negative free cash flow and the looming risk of its $18.1 billion equity being wiped out by a single catastrophic event. 
Meanwhile, the company&#8217;s market capitalization is valued at $27 billion.
Edison International has yet to respond to <a href="https://pro.benzinga.com">Benzinga</a>&#8216;s queries.
Why It Matters: The recent wildfires have already caused significant damage in the Los Angeles area. A&nbsp;destructive wildfire&nbsp;swept through the <a href="https://www.benzinga.com/25/01/42878466/wildfire-rips-through-las-pacific-palisades-neighborhood-3000-acres-burned-30000-evacuated-homes-destroyed">Pacific Palisades neighborhood</a>, burning over 3,000 acres and forcing 30,000 residents to evacuate. The National Weather Service had issued warnings for extreme fire conditions, including wind gusts up to 80 mph, which exacerbated the situation.
The ongoing fires have also sparked ethical debates, as <a href="https://www.benzinga.com/news/25/01/42891954/los-angeles-wildfires-will-be-tamed-by-this-day-predict-polymarket-users-observers-raise-ethical-question">multiple betting contracts</a> emerged on the&nbsp;Polymarket platform, allowing users to wager on the outcome of the disaster. This has raised questions about the morality of profiting from such tragic events.
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Los Angeles Wildfires Stoke Investor Fears: Edison International's Stock Ended 10% Lower Wednesday

A destructive wildfire continues to rage through the Pacific Palisades section of Los Angeles on Wednesday, forcing more than 30,000 people to <a href="https://www.benzinga.com/25/01/42855962/los-angeles-ventura-counties-brace-for-windstorm-as-bad-as-it-gets-for-fire-weather">evacuate the area. </a>
The Details: Before the fire started, the National Weather Service issued an alert for extreme fire conditions, including wind gusts of between 50 and 80 miles per hour, for Los Angeles County from Tuesday through Thursday.  
From Tuesday morning to Wednesday morning, the fire burned more than 3,000 acres, according to Reuters. 
The Pacific Palisades fire, 0% contained, grew to encompass more than 4.5 square miles Wednesday morning, <a href="https://weather.com/news/weather/news/2025-01-07-los-angeles-palisades-fire-santa-ana-wind-california">according</a> to the Weather Channel. Authorities expect the worst conditions through Wednesday morning with wind gusts possibly reaching 100 miles per hour. 
"This is pretty much the worst possible scenario for a firefight," David Ortiz of the Los Angeles Fire Department told KTLA-TV.
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Los Angeles Fire Chief Kristin Crowley on Tuesday said at a press conference that more than 25,000 people in 10,000 homes were threatened.
Karen Bass, mayor of Los Angeles, encouraged residents to heed warnings from officials in an early Wednesday morning post on social media.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Our <a href="https://twitter.com/LAFD?ref_src=twsrc%5Etfw">@LAFD</a> and <a href="https://twitter.com/LAPDHQ?ref_src=twsrc%5Etfw">@LAPDHQ</a> teams continue to work overnight to protect Angelenos affected by fires in L.A. Angelenos should be advised that the windstorm is expected to worsen through the morning and to heed local warnings, stay vigilant and stay safe. Red flag parking restrictions…
&mdash; Mayor Karen Bass (@MayorOfLA) <a href="https://twitter.com/MayorOfLA/status/1876938290395525605?ref_src=twsrc%5Etfw">January 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Los Angeles Times <a href="https://www.latimes.com/california/live/pacific-palisades-fire-updates-los-angeles#p=pch-devastated-by-palisades-fire">reported</a> homes and businesses along the Pacific Coast Highway were leveled by the fire Tuesday night as high winds whipped the flames. The National Weather Service reported a gust of 99 mph near Altadena at 10:20 p.m. PT Tuesday and 84 mph at Hollywood Burbank Airport at 8:30 p.m. PT.&nbsp;
More than 160,000 power outages are reported in Los Angeles county, according to<a href="https://poweroutage.us/area/state/california"> data from </a>Poweroutage.us. Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) currently has 5,700 customers without power. San Diego Gas &amp; Electric, a subsidiary of Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>), has more than 9,000 customers without electricity. 
Los Angeles International Airport is operating with minimal interruptions Wednesday morning. However, some flights have been diverted due to smoke in the area. Total delays stand at 56 with 8 cancellations reported so far on Wednesday, according to <a href="https://www.flightaware.com/live/cancelled/today/KLAX">data from </a>FlightAware. 
Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) and United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) are the largest airlines with flights out of LAX and could face operations disruptions in the coming days.
California Gov. Gavin Newsom toured part of the affected area in Pacific Palisades on Tuesday.
"Not a few — many structures already destroyed," Newsom said. 
Precise damage estimates will only be available after a thorough assessment once the fire is contained. Some of the largest property insurers in California include Allstate Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>) and The Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) and could face increased claims resulting from fire damage. 
President Joe Biden announced Tuesday that a federal grant had been approved to reimburse California for the fire response. 
&#8220;I have offered any federal assistance that is needed to help suppress the terrible Pacific Palisades fire,&#8221; Biden said in a statement.
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Insurance

Wildfire Rips Through LA's Pacific Palisades Neighborhood Destroying Homes: 3,000 Acres Burned As 30,000 Residents Evacuate

Billionaire&nbsp;Dan Loeb stands out as one of Wall Street's most influential hedge fund managers. As the founder of Third Point, a hedge fund managing $7 billion in assets, Loeb has built a reputation for employing aggressive activist strategies that push for <a href="https://www.benzinga.com/top-stories/24/12/42619157/5-top-performing-stocks-in-dan-loebs-portfolio-cinemark-corpay-amazon-lead">significant changes within companies worldwide</a>.
As we step into 2025, let&#8217;s see how Loeb&#8217;s top stock holdings have performed in the last six months (June-December 2024).
As of November <a target="_blank" href="https://www.sec.gov/Archives/edgar/data/1040273/000108514624005927/xslForm13F_X02/infotable.xml" rel="noreferrer noopener">2024</a>, Dan Loeb&#8217;s top holdings constituted 49.7 million shares in Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) and 11.8 million shares in Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>).
PCG: In the second half of 2024, PCG shares surged around 17.12%, compared to the S&amp;P 500, which experienced a growth of 5.65%.
Some recent major events of the company are as follows.
<ul>
<li>On Dec. 2, PCG reaffirmed its 2024 adjusted EPS guidance of $1.34-$1.37, in line with the <a href="https://www.benzinga.com//node/42262783" target="_blank" rel="noreferrer noopener">consensus </a>of $1.36, and its 2025 adjusted EPS outlook of $1.47 to $1.51,<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener"> vs. an estimate of $1.49</a>.</li>
<li>On Nov. 13, the company partnered with Itron to enhance the accessibility and affordability of electric vehicle (EV) <a href="https://www.benzinga.com//node/41953924" target="_blank" rel="noreferrer noopener">charging for PG&amp;E customers</a>.</li>
<li>On Nov. 7, the company reported a third-quarter adjusted EPS of 37 cents, exceeding analysts&#8217; expectations of 33 cents, but revenue of $5.94 billion, falling short of the<a href="https://www.benzinga.com//node/41800512" target="_blank" rel="noreferrer noopener"> consensus estimate of $6.61 billion</a>.</li>
<li>During the earnings call, PCG also raised its five-year capital investment plan by $1 billion, bringing the total to $63 billion for the 2024-2028 period. The additional capital has already been funded through the recent issuance of junior subordinated notes. The company also reaffirmed its equity issuance guidance of $3 billion for 2025-2028.</li>
</ul>
PG&amp;E shines with its&nbsp;10%&nbsp;EPS growth&nbsp;outlook&nbsp;and clear runway for financing, thanks to a recent equity raise.
On Dec. 17, JPMorgan analysts Jeremy Tonet and Richard W. Sunderland stated that they believe PG&amp;E&#8217;s wildfire mitigation investments, data center pipeline and re-rating potential could drive substantial gains. Updates on its system investment needs in the fourth quarter are likely to serve as <a href="https://www.benzinga.com//node/42538384">pivotal catalysts for growth in 2025 and beyond</a>.
BBWI: On the other hand, BBWI shares have escalated 4.81% compared to the S&amp;P 500, which has grown 5.65% in the last six months.
Major recent events of the company are:
<ul>
<li>On Nov. 25, the company reported third-quarter adjusted earnings of 49 cents per share, surpassing the consensus estimate of 47 cents. Quarterly sales reached $1.61 billion, exceeding analysts&#8217; <a href="https://www.benzinga.com//node/42163526" target="_blank" rel="noreferrer noopener">expectations of $1.58 billion</a>.</li>
<li>During the earnings call, the company said it expects fourth-quarter net sales to decline of&nbsp;6.5%&nbsp;to a decline of&nbsp;4.5%&nbsp;year-over-year, reflecting a 500-basis-point headwind from a shifted fiscal calendar. Earnings per share are expected to be between&nbsp;$1.94&nbsp;and&nbsp;<a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">$2.07, versus the&nbsp;$1.98&nbsp;consensus</a>.</li>
<li>Moreover, BBWI raised fiscal 2024 guidance, expecting net sales to decline 2.5% – 1.7% (prior view: decline of 4% – 2%). Adjusted earnings per share are projected at $3.15 – $3.28 (prior view $3.06 –<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener"> $3.26) versus the $3.18 consensus</a>.</li>
</ul>
On Dec. 24, Telsey Advisory Group analyst Dana Telsey named Bath &amp; Body Works as a stock with potential following its earnings and revenue beat-and-raise report for the third quarter. It also sees the store as a &#8220;holiday winner&#8221; <a href="https://www.benzinga.com//node/42678827">with its strong gift assortment</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/42783039" target="_blank" rel="noreferrer noopener">Bill Gates And Jeff Bezos Backed Mining Startup Raises $537 Million, Targets Going Public In Few Years</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Mid Cap

BBWI

Hedge Fund Giant Dan Loeb's PG&E Bet Beats Market

PG&amp;E's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) short percent of float has risen 21.56% since its last report. The company recently reported that it has 39.06 million shares sold short, which is 2.03% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.43 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>PG&amp;E Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735233322_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PG&amp;E has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing PG&amp;E's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PG&amp;E's peer group average for short interest as a percentage of float is 2.13%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About PG&E?

Few hedge fund managers command the attention of Wall Street quite like Dan S. Loeb. As the founder of Third Point, a $7 billion hedge fund, Loeb has made his mark with bold activist strategies that challenge the status quo and drive <a href="https://www.benzinga.com/general/hedge-funds">transformation in global companies.</a>
<h3 class="wp-block-heading">Portfolio Overview</h3>
As of Q3 2024, Third Point's portfolio is valued at $7.37 billion, comprising 41 investments. The fund gained 5.3% during the quarter, with top holdings including Pacific Gas &amp; Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) at 13%, Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) at 9.3%, and Danaher Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) at 7.3%. Smaller positions include Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) and Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>), each at 5.1%.
Best Performers: These five stocks have surged over 20% in the last 6 months.
<ol>
<li>Live Nation Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) escalated around 43%.</li>
<li>Amazon surged about 18%</li>
<li>Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) rose roughly 17%</li>
<li>Corpay, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPAY#NYSE">CPAY</a>) rocketed about 29%</li>
<li>Cinemark Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>) increased approximately 60%</li>
</ol>
These gains highlight Loeb's ability to capitalize on growth opportunities across the entertainment, tech, and financial sectors.
Also Read: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42615908/feds-preferred-inflation-gauge-falls-more-than-expected-markets-breathe-sigh-of-relief">Fed&#8217;s Preferred Inflation Gauge Falls More Than Expected: Markets Breathe Sigh Of Relief</a>
Investment Strategy:
<ul>
<li>Loeb is a prominent activist investor who acquires significant stakes in underperforming companies to advocate for improvements in management, operations, or governance, with the goal of enhancing shareholder value. A key example is his 2011 investment in Yahoo, where a 5% stake and strategic push led to transformations and over $1 billion in gains, <a href="https://hedgefundalpha.com/dan-loeb-portfolio/">according </a>to Hedge Fund Alpha.</li>
<li>Throughout his career, Loeb has focused more on creating spin-offs than investing in existing ones. He recently applied his activist strategy with Sony and Shell to pursue spin-offs, <a href="https://www.cnbc.com/2021/10/28/shell-vs-activist-dan-loeb-is-bigger-for-big-oil-than-exxon-board-war.html">according </a>to CNBC, but was unsuccessful in these efforts.</li>
<li>Beyond equities, Loeb explores opportunities in credit markets, including distressed debt and corporate bonds, aiming to generate high-risk-adjusted returns by exploiting inefficiencies in those areas. In 2012, Loeb invested in Greek sovereign bonds during the financial crisis, assessing the risk-reward ratio and achieving strong returns, adding to an already successful year, CNBC <a href="https://www.cnbc.com/2012/10/03/third-points-loeb-bets-big-and-wins-on-greek-debt.html">reported</a>.</li>
</ul>
Historical Performance: Since launching in 1995, the fund has averaged annual returns of 16%, attracting new investors with consistent positive performance, according to Hedge Fund Alpha.
Loeb's major successes came during the dot-com bubble and the 2008 financial crisis, with his fund posting a 45% return in 2009 despite a market downturn.
Third Point&#8217;s assets under management reportedly peaked at nearly $18 billion in 2022 before declining to approximately $7 billion, attributed to underperformance during a challenging market period in 2022. By the end of 2023, the fund achieved modest positive returns, indicating some stabilization.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41397978/hedge-fund-billionaire-daniel-loeb-bets-on-trump-win-singles-out-this-recent-buy-as" target="_blank" rel="noreferrer noopener">Hedge Fund Billionaire Daniel Loeb Bets On Trump Win, Singles Out This Recent Buy As Having &#8216;Significant Upside Potential&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

AMZN

CPAY

5 High-Flying Stocks In Dan Loeb's Portfolio: Cinemark, Corpay, Amazon Lead

UBS analyst Gregg Orrill maintains PG&amp;E (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) with a Buy and lowers the price target from $26 to $24.

UBS Maintains Buy on PG&E, Lowers Price Target to $24

FUTY: Utilities Dashboard For January

Guggenheim analyst Shahriar Pourreza lowered the firm's price target on PG&E to $22 from $24 and keeps a Buy rating on the shares. The firm, which ...

PG&E price target lowered to $22 from $24 at Guggenheim

In a report released yesterday, Neil Kalton from Wells Fargo maintained a Buy rating on PG&E (PCG – Research Report), with a price target of $26.00...

Wells Fargo Reaffirms Their Buy Rating on PG&E (PCG)

Barclays analyst Nicholas Campanella lowered the firm's price target on PG&E to $23 from $24 and keeps an Overweight rating on the shares as part o...

PG&E price target lowered to $23 from $24 at Barclays

In a report released today, David Arcaro from Morgan Stanley maintained a Hold rating on PG&E (PCG – Research Report), with a price target of $20.0...

Morgan Stanley Sticks to Its Hold Rating for PG&E (PCG)

Bullish option flow detected in PG&E (PCG) with 47,667 calls trading, 3x expected, and implied vol increasing over 6 points to 44.59%. 2/7 weekly 1...

PG&E call volume above normal and directionally bullish

PG&E (PCG – Research Report), the Utilities sector company, was revisited by a Wall Street analyst yesterday. Analyst James Thalacker from BMO Capi...

Optimistic Outlook for PG&E: Undervalued Stock with Growth Potential and Regulatory Support

In a report released yesterday, Julien Dumoulin Smith from Jefferies maintained a Buy rating on PG&E (PCG – Research Report), with a price target o...

Jefferies Sticks to Their Buy Rating for PG&E (PCG)

Franklin Utilities Fund Q4 2024 Commentary

UBS lowered the firm's price target on PG&E to $22 from $24 and keeps a Buy rating on the shares. The price target decrease reflects an increased w...

PG&E price target lowered to $22 from $24 at UBS

DUKB

ENAKF

EONGY

EVRG

FUTY

NGGTF

RSPU

SOJC

SOJD

SOJE

SOJF

SREA

WTRG

Dividends

Press Releases

/C O R R E C T I O N -- PG&E Corporation/

Dates Set for PG&E Quarterly Stock Dividends

Offerings

PG&E Corporation Announces Launch of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock

PG&E Corporation Announces Pricing of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock

PG&E Readies Resources, Crews Ahead of Storm Bringing Heavy Rain and Wind to Northern California

More Than $250,000 in College Scholarships Now Available from PG&E for Students in Northern and Central California

Leo P. Denault, Former Chairman and Chief Executive Officer of Entergy Corporation, to Join PG&E Boards of Directors

PG&E Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

Northern and Central California STEM Students Encouraged to Apply for PG&E College Scholarships of Up to $10,000

Oakland-Area High School Seniors Graduate from Racial Equity Financial Education Program with New-Found Knowledge, $8,000 College Scholarships

American Electric Power Company, Inc. - Common Stock

American Electric Power

Constellation Energy Corporation - Common Stock

Constellation Energy

Comp En De Mn Cemig ADS American Depositary Shares

Cia Energetica DE Minas

Comp En De Mn Cemig ADS American Depositary Receipts

Duke Energy Corporation (Holding Company) Common Stock

Duke Energy

Centrais Electricas Brasileiras S A American Depositary Shares (Each representing one Common Share)

Centrais Eletricas

Centrais Electricas Brasileiras S.A. Sponsored ADS representing Pfd Shares

Edison Intl

Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing one Unit consisting one Common Share and four non-voting Class B Preferred Shares)

Cia Paranaense De Energia

Eversource Energy

Entergy

Evergy

Exelon

FirstEnergy

Idacorp

Korea Electric Power Corporation Common Stock

Korea Electric Power

Alliant Energy Corporation - Common Stock

Alliant Energy

NextEra Energy

NRG Energy

OGE Energy

Oklo

Pinnacle West Capital Corporation Common Stock

Pinnacle West Capital

Southern

Xcel Energy

Barclays

BMO Capital

Morgan Stanley

Mizuho

이들 9개 대형주는 지난주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요?
1. 모빌아이 글로벌(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>)의 주식은 국채 수익률 상승으로 인한 전반적인 시장 약세로 21.83% 하락했다.
2. 에디슨 인터내셔널(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>)의 주식은 아마도 캘리포니아의 산불로 인해 18.76% 하락했다.
3. 컨스텔레이션 브랜즈(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) 주식은 회사가 예상보다 저조한 실적을 발표하고 <a href="https://www.benzinga.com//node/42913319" target="_blank" rel="noreferrer noopener">2025 회계연도 조정 EPS 가이던스 및 매출 성장 전망</a>을 하향 조정한 후 18.31% 하락했다.
4. 퍼시픽가스 &amp; 일렉트릭(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>)의 주식은 아마도 캘리포니아의 산불로 인해 14.19% 하락했다.
5. 온 세미컨덕터(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)의 주식은 트루이스트 증권이 주식 등급을 매수에서의 보유로 하향 조정하고 <a href="https://www.benzinga.com/quote/on/analyst-ratings" target="_blank" rel="noreferrer noopener">목표 주가를 $85에서 $60으로 하향 조정한</a> 후 12.59% 하락했다.
6. 어펌 홀딩스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>)의 주식은 국채 수익률 상승으로 인한 전반적인 시장 약세로 11.52% 하락했다.
7. 코히런트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>)의 주식은 최근 경제 데이터와 국채 수익률 상승으로 인한 전반적인 시장 약세로 10.66% 하락했다.
8. 팔란티어 테크놀로지스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)의 주식은 아마도 전반적인 시장 약세로 인해 10.55% 하락했다.
9. 캠벨 수프(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>)의 주식은 지난 주 10.22% 하락했다. 웰스 파고가 <a href="https://www.benzinga.com/quote/cpb/analyst-ratings" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">주식 목표가</a>를 $45에서 $43으로 하향 조정했지만 중립 등급을 유지했다.
사진 출처: Affirm
다음 읽어보세요:
<ul>
<li><a href="https://kr.benzinga.com/news/usa/stocks/%EC%9B%94%EA%B7%B8%EB%A6%B0%EC%8A%A4-%EB%A7%88%EC%9D%B4%ED%81%AC%EB%A1%A0-%EB%8D%B8%ED%83%80-%ED%95%AD%EA%B3%B5%EC%9D%80-%EC%A7%80%EB%82%9C%EC%A3%BC-%EC%B5%9C%EA%B3%A0-%EC%84%B1%EA%B3%BC%EB%A5%BC/" target="_blank" rel="noopener">월그린스, 마이크론, 델타 항공은 지난주 최고 성과를 보여준 10개 대형주 중 일부 (1월 6일-10일)</a></li>
</ul>
다른 트레이더들보다 30분 일찍 독점 시장 움직임 뉴스를 받아보세요. 
Benzinga Pro의 14일 무료 체험을 통해 독점 뉴스 기사를 이용할 수 있어 수백만 명의 다른 트레이더보다 먼저 실행 가능한 거래 뉴스를 얻을 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

로스앤젤레스에서 산불이 계속해서 큰 피해를 주고 있는 가운데, 투자자들의 에디슨 인터내셔널(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>)의 재무 안정성에 대한 신뢰가 약화되고 있다. 이는 이 회사의 장비가 산불을 유발했을 가능성 때문에 발생한 우려이다.
무슨 일이 있었나: <a href="https://pro.benzinga.com">벤징가 프로</a>에 따르면, 남부 캘리포니아 전력 회사의 주가가 수요일에 산불의 여파로 10% 급락했다. 산불의 정확한 원인은 아직 밝혀지지 않았으며, 조사는 몇 주 또는 몇 달이 걸릴 것으로 보인다고 <a href="https://www.wsj.com/finance/wildfires-are-making-investors-nervous-about-los-angeles-area-utility-again-0f448a84">월스트리트 저널</a>이 목요일 보도했다.
캘리포니아의 &#8220;간접적 강제수용(inverse condemnation)&#8221; 법은 유틸리티 기업들이 그들의 전선과 장비로 인한 재산 피해에 대해 과실 여부와 관계없이 엄격한 책임을 지도록 하고 있다. 이 법은 PG&amp;E(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>)와 같은 주요 유틸리티 기업들을 단일 산불 사건 후 파산으로 몰아넣은 바 있다.
에디슨의 CEO인 페드로 피사로(Pedro Pizarro)는 회사가 산불에 취약하다는 점을 과거에 인정한 바 있다. 2019년 로스앤젤레스 타임스와의 인터뷰에서 피사로는 회사의 지급능력이 부분적으로 운과 위험 완화 노력에 기인한다고 언급했다. 그는 또한 에디슨이 주요 화재 후 파산에 직면할 수 있다고 경고했다.
유틸리티의 책임 위험을 줄이기 위한 법률적 노력이 있었음에도 불구하고, 산불로 인한 재정적 위험은 여전히 상당하다. 고객으로부터 산불 비용을 회수할 수 있도록 하는 법률과 보험 기금의 설립이 있었지만, 보험 기금의 총 자산인 114억 달러는 주요 산불의 잠재적 비용에 비해 미미하다. 이는 2018년 캠프 화재로 인한 165억 달러의 피해에서 입증되었다.
에디슨의 재무 안정성은 여전히 불안정하며, 부정적인 잉여 현금 흐름과 단일 재앙적 사건으로 181억 달러의 자본이 소멸될 위험이 도사리고 있다.
한편, 이 회사의 시가총액은 270억 달러로 평가되고 있다.
에디슨 인터내셔널은 아직 <a href="https://pro.benzinga.com">Benzinga</a>의 문의에 답변하지 않았다.
왜 중요한가: 최근의 산불은 이미 로스앤젤레스 지역에 상당한 피해를 주었다. 파괴적인 산불이 <a href="https://www.benzinga.com/25/01/42878466/wildfire-rips-through-las-pacific-palisades-neighborhood-3000-acres-burned-30000-evacuated-homes-destroyed">퍼시픽 팰리세이즈 지역</a>를 휩쓸며 3,000 에이커 이상이 불에 타고 30,000명의 주민이 대피하게 되었다. 국립 기상청은 최대 시속 80마일의 강풍을 포함한 극심한 화재 조건에 대한 경고를 발령하여 상황을 악화시켰다.
이 진행 중인 화재는 또한 <a href="https://www.benzinga.com/news/25/01/42891954/los-angeles-wildfires-will-be-tamed-by-this-day-predict-polymarket-users-observers-raise-ethical-question">여러 베팅 계약</a>이 폴리마켓(Polymarket) 플랫폼에서 발생하여 사용자가 재난의 결과에 대해 내기를 할 수 있게 함으로써 윤리적 논쟁을 촉발했다. 이는 이러한 비극적인 사건에서 이익을 얻는 것의 도덕성에 대한 질문을 제기했다.

다음 읽기: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42890191/trump-themed-nfts-launch-on-bitcoin-network-for-first-timeheres-what-you-should-know" target="_blank" rel="noreferrer noopener">트럼프 테마 NFT가 비트코인 네트워크에서 첫 출시 — 한 카드가 190만 달러에 상장됨</a></li>
</ul>
면책 조항: 이 콘텐츠는 부분적으로 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> 의 도움을 받아 제작되었으며, Benzinga 편집자에 의해 검토 및 게시되었습니다.
사진 출처: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

JP모건 애널리스트인 제레미 토넷(Jeremy Tonet)과 리처드 W. 선덜랜드(Richard W. Sunderland)는 <a href="https://www.benzinga.com/topic/utilities">북미의 유틸리티 기업들이 2025년을 대비하고 있다</a>고 믿고 있다.
전력 수요 증가와 전기화, 데이터 센터 확장 및 제조업 리쇼어링과 같은 혁신적인 성장 동력이 결합되어 유틸리티 주식은 지속적인 강세를 보일 것으로 예상된다.
이들이 추천하는 유틸리티 주식으로는 비스트라(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>), 엔터지(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>), 니소스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NI#NYSE">NI</a>) 그리고 PG&amp;E 코퍼레이션(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>)이 있다. 각 주식이 2025년에 어떤 점에서 좋은 선택이 될 수 있는지 설명하겠다.
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<h1 class="wp-block-heading">1. 비스트라</h1>
비스트라(Vistra)의 텍사스급 기회는 JP모건의 1위 추천 주식으로 만들었다.
이 회사는 텍사스 전력 신뢰성 위원회(ERCOT)에 대한 독보적인 노출, 강력한 통합 소매 사업, 에너지 하버(Energy Harbor) 인수를 통한 원자력 발전세 공제 혜택을 자랑한다.
비스트라는 기저 수요 증가, 전력 공급 부족, ERCOT 가격 상승의 혜택을 누릴 수 있는 독특한 위치에 있다. 2026년까지 두 자릿수 EBITDA 성장을 예고하는 가이던스를 바탕으로, 비스트라는 가스 발전소 계약 확보와 지역 전력 가격 급등을 활용할 수 있는 잠재력을 가지고 있어 &#8220;최고의 위치&#8221;에 있다.
또한 읽어보세요: <a href="https://kr.benzinga.com/news/usa/stocks/%ED%97%A4%EC%A7%80-%ED%8E%80%EB%93%9C%EC%9D%B8-%EC%95%84%ED%8C%94%EB%A3%A8%EC%82%AC-%EB%B9%84%EC%8A%A4%ED%8A%B8%EB%9D%BC-nrg-%EC%97%90%EB%84%88%EC%A7%80-pdd-%ED%99%80%EB%94%A9%EC%8A%A4-%EC%A3%BC/" target="_blank" rel="noopener">아팔루사 헤지 펀드, 비스트라 매수, 보잉 매도</a>
<h1 class="wp-block-heading">2. 엔터지</h1>
엔터지(Entergy)는 최근 데이터 센터 거래들로 주목받고 있으며, 그 중에는 메타 플랫폼스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)의 100억 달러 투자도 포함되어 있다.
JP모건은 엔터지의 이러한 성공을 재현할 수 있는 능력을 강조하며, 이는 부하 성장과 산업 판매 연평균 성장률(CAGR)을 촉진한다. 걸프 코스트 수요 증가와 재현 가능한 참여 프레임워크 덕분에 엔터지는 계속해서 상승하는 수익 가이던스와 고객 확장으로 성과를 내고 있다.
<h1 class="wp-block-heading">3. 니소스</h1>
니소스(NiSource)는 중서부의 데이터 센터 성장의 혜택을 보고 있으며, 부하 시나리오는 상당한 발전 필요성을 나타낸다. 연간 EPS 6%-8% 성장과 8%-10%의 요율 기반 CAGR은 니소스를 주목할 만한 중형 유틸리티로 만든다.
JP모건은 니소스가 새로운 부하 발표로 2025년 수익 상향 조정의 촉매제가 될 가능성을 보고 있다.
<h1 class="wp-block-heading">4. PG&amp;E</h1>
PG&amp;E는 10% EPS 성장 전망과 최근 주식 발행 덕분에 자금 조달의 명확한 경로로 빛나고 있다.
JP모건은 PG&amp;E의 산불 완화 투자, 데이터 센터 파이프라인 및 재평가 가능성이 상당한 이익을 이끌어낼 수 있다고 믿고 있다. 4분기에 시스템 투자 필요성에 대한 업데이트는 2025년 및 그 이후의 성장을 위한 중요한 촉매제가 될 것으로 예상된다.
다음 읽어보세요:
<ul>
<li><a href="https://www.benzinga.com/24/12/42289305/top-3-utilities-stocks-that-could-sink-your-portfolio-this-month">이번 달에 포트폴리오를 침몰시킬 수 있는 유틸리티 주식 3종</a></li>
</ul>
사진 출처: Shutterstock
다른 트레이더들보다 30분 일찍 독점 시장 움직임 뉴스를 받아보세요. 
Benzinga Pro의 14일 무료 체험을 통해 독점 뉴스 기사를 이용할 수 있어 수백만 명의 다른 트레이더보다 먼저 실행 가능한 거래 뉴스를 얻을 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

비스트라, 엔터지, 니소스 및 PG&E: JP모건이 뽑은 2025년 긍정적인 유틸리티 4개 기업

2024년은 <a href="https://www.benzinga.com/markets/equities/24/07/39583371/july-fourth-heat-california-faces-blackout-and-fire-risks-this-week-during-triple-digit-temperat" target="_blank" rel="noopener" data-google-interstitial="false">기록상 가장 더운 해 중 하나</a>가 될 것으로 예상됨에 따라 폭염이 미국 여러 지역을 휩쓸 것으로 예상된다.
예보: 국립 기상청(NWS)에 따르면 거의 1억 5천만 명의 미국인이 목요일 폭염 주의보 또는 주의보를 받고 있다.
악시오스(Axios)에 <a href="https://www.axios.com/2024/08/01/heat-wave-intensifies-worsening-wildfires" target="_blank" rel="noopener">따르면</a> 8월 7일까지 텍사스, 오클라호마, 네브라스카, 캔자스, 노스다코타 및 사우스다코타, 동부 워싱턴, 캘리포니아 내륙, 미주리 서부 등 전국 여러 지역에서 기온이 화씨 110도(섭씨 43.33도)를 넘을 것으로 예상된다.
오리건, 몬태나, 아칸소, 일리노이, 미시시피, 테네시 지역에도 폭염 경고가 발령되었다.
캘리포니아에서 <a href="https://www.axios.com/2024/07/25/wildfires-california-canada-evacuations-jasper" target="_blank" rel="noopener">진행 중</a>인 공원 화재는 주 역사상 다섯 번째로 큰 산불이다. 이 화재의 원인은 극심한 더위와 건조한 날씨 <a href="https://www.axios.com/2024/07/25/wildfires-california-canada-evacuations-jasper" target="_blank" rel="noopener">때문</a>이다.
푹푹 찌는 더위는 단순히 공중보건을 위협하는 것이 아니다. 또한 미국에서 사업을 운영하는 여러 회사들에도 영향을 미칠 것이다.
시장 영향: 지구의 기온 상승은 열로 인해 정전과 운영상의 부담이 발생하면서 에너지 산업에 큰 영향을 미쳤다. 폭염 기간 동안 주민들이 실내에 머물면서 에어컨을 사용함에 따라 전기 사용량도 <a href="https://www.benzinga.com/top-stories/24/07/40043897/household-energy-bills-rose-over-50-in-3-states-over-past-5-years-but-remained-stable-in-this-region" target="_blank" rel="noopener" data-google-interstitial="false">가격과 함께</a> 증가하는 경향이 있다. 다음은 항상 영향을 받는 몇 가지 기업들이다:
<ul>
<li>블랙힐스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>)는 이번 주에 가장 큰 영향을 받은 3개 주인 네브래스카, 캔자스, 아칸소에서 운영되는 대규모 유틸리티 회사이다.</li>
<li>OGE 에너지(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGE#NYSE">OGE</a>)는 오클라호마 최대 규모의 유틸리티 제공업체이다.</li>
<li>에버지(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>)는 캔자스 최대 규모의 전기 공급업체이다.</li>
<li>PG&amp;E(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>)는 캘리포니아에서 사업을 운영하고 있으며 지난 10년 동안 여러 산불 관련 손실을 입었다.</li>
</ul>
주택 개조 소매업체인 로우스 컴퍼니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>)와 홈 디포(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>)에서는 에어컨 장치에 대한 수요가 증가할 수 있다. 월마트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)에서는 에어컨도 판매한다.
제네락 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>)는 발전기를 제조한다. 가정 및 산업용 발전기는 일반적으로 기상 이변으로 인해 수요가 증가하는 경향이 있다.
이번 열파는 농업과 식품 산업에도 영향을 미칠 것으로 보인다:
<ul>
<li>육류 생산업체 타이슨 푸드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>)는 영향을 받은 여러 주에 운영 센터를 두고 있다.</li>
<li>디어 앤 컴퍼니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>)와 애그코(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>)에서 제조한 관개 장비 및 내열 기계에 대한 수요가 증가할 수 있다.</li>
<li>코르테바(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>)는 농부들이 가뭄으로 인한 작물 손실을 관리하는 데 도움이 되는 작물 보호 제품을 판매한다.</li>
</ul>
Image created using artificial intelligence via Midjourney.
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

AGCO

CTVA

GNRC

8월 폭염 영향으로 약 1.5억 명의 미국인이 피해를 겪으면서 주목해야 할 12개 주식

2024년이 <a href="https://www.benzinga.com/news/24/06/39360337/heat-wave-hits-us-10-stocks-to-watch-during-junes-sweltering-temperatures" target="_blank" rel="noopener" data-google-interstitial="false">기록상 가장 무더운 해</a> 중 하나가 될 것으로 예상됨에 따라 거대 유틸리티 회사인 PG&amp;E(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>)를 포함한 몇몇 상장 기업들은 이번 주 캘리포니아를 강타하는 폭염으로 인해 손실을 입을 것으로 보인다.
현상 (What Happened): 이번 주 남부 캘리포니아에는 세 자릿수 기온(화씨 기준)이 예상된다.
미국 국립 기상청(NWS)은 산 페르난도 밸리(San Fernando Valley), 벤투라(Ventura) 카운티 지역, 베이커즈필드(Bakersfield), 파소 로블레스(Paso Robles) 및 기타 주의 지역에 과도한 폭염 경고와 주의보를 <a href="https://forecast.weather.gov/wwamap/wwatxtget.php?cwa=LOX&amp;wwa=excessive%20heat%20watch" target="_blank" rel="noopener">발령</a>했다. 온도는 화씨 105~110도(섭씨 41~43도)에 이른다.
기온이 높은 기간에는 산불 활동도 증가한다.
블룸버그에 <a href="https://www.bloomberg.com/news/articles/2024-07-01/norway-restricts-arctic-property-sale-citing-national-security?srnd=homepage-americas&amp;sref=TBDibEcD">보도에</a> 따르면 PG&amp;E는 주로 북부 농촌 지역에 있는 12,000개의 가정과 기업의 전력을 차단할 수 있다고 말했다. 오클랜드에 본사를 둔 이 회사는 2024년에 차단 기록이 없다. 에디슨 인터내셔널(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>)은 차단을 계획하지 않고 있다.
왜 중요한가 (Why it Matters): PG&amp;E는 과거 산불 및 관련 기상 관련 사건으로 인해 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/19/01/12943167/pg-e-stock-slammed-following-reports-of-massive-wildfir">수십억 달러의 부채</a>에 직면했다.
또한 과거에는 <a href="https://www.benzinga.com/news/19/10/14567230/northern-california-faces-widespread-power-shutoffs-in-face-of-wildfire-threat" target="_blank" rel="noopener" data-google-interstitial="false">산불 위협</a>에 대응하여 수천 가구의 전력을 차단했다. 이 회사는 전력망을 업데이트하는 데 <a href="https://www.benzinga.com/markets/equities/23/06/33077327/pg-e-applies-for-7b-in-federal-loan-to-reduce-california-wildfire-risk-report" target="_blank" rel="noopener" data-google-interstitial="false">수십억 달러를 지출</a>했다.
앞으로 유틸리티 운영에 기후 탄력성을 구축하는 것이 점점 더 시급해지고 있다. 유틸리티 기업들은 재생 가능 에너지원으로의 전환을 가속화하고, 탄소 배출량을 줄이며, 기상 이변에 대비하여 인프라를 강화해야 하는 큰 압력에 직면해 있다.
주가 움직임: PG&amp;E의 주가는 1.55% 하락한 17.17달러에 마감했다. 캘리포니아의 극한 기후 현상이 점점 더 두드러지기 시작하면서 이 회사의 주식은 거의 80% 급락했다.
이제 읽기:
<ul class="block core-block">
<li><a href="https://www.benzinga.com/markets/esg/24/05/39012013/noaa-meteorologists-predict-aggressive-hurricane-season-what-it-means-for-home-depot-generac-other-s" target="_blank" rel="noopener" data-google-interstitial="false">NOAA 기상학자들은 공격적인 허리케인 시즌을 예상: 홈디포, 제네락 기타 폭풍 관련 주식에 대한 의미</a></li>
</ul>

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