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Portland General Electric Company
Previous close
$47.60
Day range
$47.49 - $47.87
Year range
$39.14 - $49.85
Market cap
5.02B USD
Avg Volume
973.73K
P/E ratio
14.23
Dividend yield
4.20%
Primary exchange
NYSE
Market news
.INX
0.35%
3.22%
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 929.00M | 15.84% |
Operating expense | 270.00M | 10.66% |
Net income | 94.00M | 100.00% |
Net profit margin | 10.12 | 72.70% |
Earnings per share | 0.90 | 95.65% |
EBITDA | 274.00M | 34.98% |
Effective tax rate | 10.48% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 35.00M | -25.53% |
Total assets | 11.88B | 12.05% |
Total liabilities | 8.25B | 12.90% |
Total equity | 3.63B | — |
Shares outstanding | 105.46M | — |
Price to book | 1.38 | — |
Return on assets | 3.15% | — |
Return on capital | 4.46% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 94.00M | 100.00% |
Cash from operations | 244.00M | 29.79% |
Cash from investing | -261.00M | 27.09% |
Cash from financing | 46.00M | -77.45% |
Net change in cash | 29.00M | -14.71% |
Free cash flow | -23.12M | 89.26% |
About
Portland General Electric is a Fortune 1000, investor-owned energy company based in Portland, Oregon, that generates, transmits and distributes electricity, serving almost two-thirds of Oregon’s commercial and industrial activity. PGE is regulated by the Oregon Public Utility Commission. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 1997 until 2006, almost 20 years ago, when Enron divested itself of PGE during its bankruptcy.
Notably, PGE does not serve all of Portland. Its service territory comprises most of Portland west of the Willamette River, sharing most of the city east of the river with Pacific Power.
PGE holds a mix of generation and storage facilities including hydropower, wind, solar, battery storage and thermal, as well as key transmission resources. The company’s power plants have a combined generating capacity of more than 3,300 megawatts.
Following the Oregon House Bill 2021, which introduced new decarbonization goals, PGE announced to reduce emissions from its retail power supply by 80% by 2030 and 100% by 2040. Wikipedia
CEO
Founded
1888
Headquarters
Website
Employees
2,842