10 Best Nuclear Energy Stocks to Buy According to Billionaires

4. PG&E Corporation (NYSE:PCG)

Number of Billionaire Holders: 16

PG&E Corporation (NYSE:PCG) provides natural gas and electric service to residential and business customers in northern and central California. The company also owns the Diablo Canyon Power Plant, the only operational nuclear power plant in the Golden State.

PG&E Corporation (NYSE:PCG) had a tough Q1 2025 as its adjusted EPS of $0.33 slightly missed estimates by $0.01. The company’s revenue of $5.98 billion also fell below expectations by $40.35 million, despite being up by a little over 2% YoY. That said, the utility company maintained its EPS growth guidance for 2026 through 2028, which remains at least 9% each year.

PG&E Corporation (NYSE:PCG) connected over 3,000 new electric customers and nearly 400 new electric vehicle charging ports in the first quarter. The company is also well-positioned to take advantage of the increased data-center demand and has updated its data center project pipeline from 5.5 GW to 8.7 GW. PCG serves the Bay Area, which has a fiber network enabling speed and reliability for data center customers, in addition to the density of talent required to maximize the development of AI.

In a significant development, Moody’s upgraded credit ratings for PG&E Corporation (NYSE:PCG) and its Pacific Gas & Electric subsidiary last month, citing the company’s ongoing progress in reducing wildfire risk, strengthening its financial profile, and improving its relationships with key stakeholders.