PG&E Corporation (PCG): A Bull Case Theory

We came across a bullish thesis on PG&E Corporation (PCG) on Substack by Acid Investments. In this article, we will summarize the bulls’ thesis on PCG. PG&E Corporation (PCG)'s share was trading at $15.88 as of Feb 27^th. PCG’s trailing and forward P/E were 13.81 and 10.66 respectively according to Yahoo Finance.

[caption id="attachment_1202504" align="aligncenter" width="768"] A wide shot of a sprawling natural gas pipeline system, representing the company's energy infrastructure.[/caption]

PG&E Corp (PCG) has been unfairly punished in the wake of the recent Los Angeles...