Pacific Gas and Electric Company PFD 1ST 5% Price & Performance (PCG-PC)

Ring Energy reported first-quarter oil output above guidance, averaging over 12,000 barrels per day, driven by new well performance. The company finalized its acquisition of Central Basin Platform assets from Lime Rock, boosting cash flow and reducing operating expenses. Production synergies delivered immediate gains, with hedges in place for price protection through 2025.1

Pinnacle West Capital posted 2024 earnings of $5.24 per share, exceeding expectations, and outperformed the Edison Electric Institute Index with a 23.25% total shareholder return. The company is investing $9.65 billion through 2027 to expand grid capacity and meet record demand as Arizona’s population and energy needs climb.2

Portland General Electric declared its latest quarterly dividend, targeting a payout ratio of 60–70% long-term. The company, serving nearly 2 million Oregonians, continues to prioritize clean energy and customer service while navigating regulatory and market challenges that could impact future project costs and capital access.3