Public Service Enterprise Group Inc

Utilities
$65.10
+0.07(0.11%) 1D
1D
1W
1M
1Y
3Y
5Y

Performance

Open PricePrev. CloseVolumeAvg. Volume
$65.23$65.1016,3402,876,689

Fundamentals

Market Cap$32.45B
P/B Ratio2.1
P/E Ratio12.7
Enterprise Value$52.95B
Div. Yield3.69%
Book Value30.45
EPS(TTM)0.28
ROENA
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About the Company

Established in 1903, Public Service Enterprise Group is a publicly-traded energy company that has its headquarters in Newark, New Jersey. The largest subsidiary of this company is Public Service Electric and Gas Company, which is a regulated electric and gas utility company. The workforce of the company comprises nearly 12,945 employees, and it is New Jersey’s oldest and one of the largest companies. Primary subsidiaries of this company are commonly referred to as PSE&G. This company was formed by combining with more than 400 gas, transportation and gas companies in New Jersey. The corporation formed a merger with gas and electric utilities in 1928 to create a single company. The company became an independent corporation in 1948 with Public Service Coordinated Transport as its subsidiary in 1948. In 1989, the company established Enterprise Holding Inc. for consolidating unregulated businesses. The company in 2000 would split subsidiaries with national unregulated power consolidation from PSEG power. PSE&G subsidiary would continue operating in New Jersey as an electric and gas regulating company. In 2009, the company would begin installing solar panels on 200, 000 utility poles in its service area. It was one of the largest such projects in the world. This particular project would increase the capacity for renewable energy in New Jersey and was completed in 2013. The company would also build solar farms in Trenton, Linden, Hamilton and Edison. The PSE&G company was supposed to be acquired by Exelon in 2005, which is a conglomerate based in Chicago and Philadelphia. This acquisition was approved by the Federal Energy Regulatory Commission. This deal was never consummated causing it to be eventually dissolved since it won’t win the state regulatory approval from the New Jersey Board of Public Utilities. The company was ranked at 74 in the list of Just Companies 2020. It also ranked at 477 in the Global 2000 2020 list. This company became a component of the S&P 500 list in March 1957. The company owns around 13 offices across the nation. This includes locations like Maryland, Connecticut and New Jersey. The company also ranked at 161 in the list of America’s Largest Public Companies in2018. Public Service Enterprise Group shares are traded on the New York Stock Exchange under the ticker symbol “PEG.”;
OrganisationPublic Service Enterprise Group Inc
IndustryUtilities—Diversified
HeadQuartersNewark, NJ

Company Financials

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