PCG

The most active S&P 500 stocks on Oct. 23, 2026 include AT&T, Verizon, Bloom Energy, Ford, and Netflix, ranked by trading volume and price movement. The scan also provides performance context for each of these high‑volume names.

PG&E plans a $16.6 billion undergrounding project that aims to save $6 billion over the long term. The investment is positioned as a way to unlock shareholder value.

CEO Patti Poppe said the company’s credit rating “is a major issue that must be solved ... [legislative] inaction will continue to get increasingly expensive for our customers.”

Wells Fargo keeps PG&E on its Equal‑Weight list but cuts the price target from $24 to $14. The change reflects a more cautious outlook on the utility’s prospects.

PG&E says a San Francisco municipal takeover could cost about $22.5 billion, citing severance damages and grid separation costs. The company opposes the proposal, arguing it leaves key financial and operational questions unresolved.

The summary covers Pacific Gas & Electric Co.’s Q3 2026 earnings call.

Pacific Gas & Electric (NYSE:PCG) reaffirmed its 2026 and 2027 core earnings guidance while advancing a strategic review aimed at improving its credit profile and addressing the effects of California’s wildfire-liability framework. The utility reported third-quarter core earnings per share of $

Energy stocks were lower late Thursday afternoon, with the NYSE Energy Sector Index falling 1.1%.