PG&E Corporation (PCG) is Among the Energy Stocks Losing This Week

The share price of PG&E Corporation (NYSE:PCG) fell by 8.38% between June 10 and June 17, 2025, putting it among the Energy Stocks that Lost the Most This Week.
Brightly-lit nighttime view of an electricity power grid with distribution lines and transmission substations.
PG&E Corporation (NYSE:PCG) provides natural gas and electric service to approximately 16 million people throughout a 70,000-square-mile service area in northern and central California.
PG&E Corporation (NYSE:PCG) continues to plunge and reached a new 2-year low this week following the backlash of the company's role in past wildfire incidents, and a proposed California legislation that would overhaul utility regulation and financing in the state.
The legislation calls for the creation of a new regulatory authority and excludes utility shareholders from earning profits from as much as $15 billion in capital spending on fire mitigation and infrastructure. Moreover, it seems to include provisions for improving the Golden State's utility wildfire insurance fund, requiring ongoing contributions from utilities.
While we acknowledge the potential of PCG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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