PG&E profits rocketed higher in the second quarter of 2023, bolstered by solid increases in electricity and gas revenue.
OAKLAND — PG&E profits rocketed higher in the second quarter of 2023, bolstered by solid increases in the utility behemoth’s revenue from its electricity and gas operations, the company reported Thursday.
The utility earned $406 million in its April-through-June second quarter, an increase of 17.3% over the company’s profits of $356 million during the same period a year ago. Oakland-based PG&E said it produced $5.29 billion in revenue in the second quarter, up 3.4% from $5.12 billion in the year-ago April-June period.
Electricity revenue totaled $3.85 billion, up 4.4% from the year before, while gas revenue was $1.44 billion, a 0.7% increase from the 2022 second quarter. “Through the first half of 2023, we feel confident that we continue to reduce physical risk on our system overall,” said Patricia Poppe, PG&E’s chief executive officer.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Alexa Chung Is Back in Her Fall Uniform (As Is Every Other Londoner)Alexa Chung's latest look is a school of dressing we can expect to see a lot of come September.
Lire la suite »
Binance Research: Half-Year Report Highlights (H1 2023) | Binance BlogAs you'll know, in crypto, a lot can happen in 6 months. Catch up with all the biggest trends and events from the first half of 2023 with our latest blog, summarising our BinanceResearch team’s half-year report. Start reading here 👇
Lire la suite »
NFL 25 under 25: Ranking the best young players entering the 2023 seasonSauce Gardner, Micah Parsons and Justin Jefferson are among the best NFL players under 25 years old heading into this season.
Lire la suite »