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Portland General Electric Company
Previous close
$44.59
Day range
$44.75 - $45.37
Year range
$38.01 - $49.72
Market cap
4.63B USD
Avg Volume
925.30K
P/E ratio
17.17
Dividend yield
4.45%
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Mar 2024info | Y/Y change |
---|---|---|
Revenue | 929.00M | 24.20% |
Operating expense | 261.00M | 12.50% |
Net income | 109.00M | 47.30% |
Net profit margin | 11.73 | 18.60% |
Earnings per share | 1.21 | 51.25% |
EBITDA | 285.00M | 23.91% |
Effective tax rate | 10.66% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Mar 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 176.00M | 1,366.67% |
Total assets | 11.59B | 14.16% |
Total liabilities | 8.13B | 15.49% |
Total equity | 3.46B | — |
Shares outstanding | 103.03M | — |
Price to book | 1.33 | — |
Return on assets | 3.60% | — |
Return on capital | 5.12% | — |
Cash Flow
Net change in cash
(USD) | Mar 2024info | Y/Y change |
---|---|---|
Net income | 109.00M | 47.30% |
Cash from operations | 175.00M | 548.72% |
Cash from investing | -331.00M | -19.93% |
Cash from financing | 327.00M | 101.85% |
Net change in cash | 171.00M | 211.76% |
Free cash flow | -192.88M | 48.62% |
About
Portland General Electric is a Fortune 1000 public utility based in Portland, Oregon. It distributes electricity to customers in parts of Multnomah, Clackamas, Marion, Yamhill, Washington, and Polk counties – 44% of the inhabitants of Oregon. 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 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 produces and purchases energy primarily from coal and natural gas plants, as well as hydroelectric power from dams on the Clackamas, Willamette and Deschutes rivers. Between 1976 and 1993, PGE operated Trojan, the only nuclear power plant in Oregon. Trojan was the subject of three Oregon initiatives to shut it down. The initiatives failed, but the company elected to close the plant twenty years early. Wikipedia
CEO
Founded
1888
Headquarters
Website
Employees
2,842