PG&E CEO Patti Poppe on California grid, costs and legislation with Jim Cramer

Bullish Gator

Poppe discusses California’s power-grid plans, cost-cutting, pending legislation and outlook in a one-on-one with Jim Cramer.

Editorial companion

What stands out

Patti Poppe sat down with Jim Cramer to lay out PG&E's roadmap for California's power grid, touching on trimming spending, grid upgrades, and pending legislation that will decide who bears wildfire costs. For shareholders it matters because the company is not just running utility assets, it's litigating its future with regulators and lawmakers, and Poppe's public reassurance is a governance and capital allocation signal. The comments arrive alongside modest revenue growth and stronger profit gains, so words about cost recovery and capital plans carry real balance-sheet consequences.