Julien Dumoulin-Smith

PG&E Corporation (NYSE: PCG) got a big boost on Wednesday after a U.S. bankruptcy judge approved the company’s $13.5 billion settlement with wildfire victims and $11 billion agreement with insurance companies. Bank of America analyst Julien Dumoulin-Smith said the latest developments for...

PG&E Corporation (NYSE: PCG) shares rallied 18% on Monday after the company reached a $13.5 billion settlement with the Official Committee of Tort Claimants (TCC) related to resolve claims related to recent California wildfires. While investors initially cheered the settlement, Bank of America...

PG&E Corporation (NYSE: PCG) shares jumped 5.6% on Friday morning after Bank of America analyst Julien Dumoulin-Smith reported on a new meeting with senior PG&E management. The latest news from PG&E is that the company is willing to negotiate with California wildfire victims after the...

PG&E Corporation (NYSE: PCG) shares were hammered Thursday after a bankruptcy judge ruled that PG&E will not have exclusive rights to propose a chapter 11 bankruptcy plan, opening the door for alternative plans from bondholders. The ruling is a blow for common shareholders and means that...

The announcement that California utility company PG&E Corporation (NYSE: PCG) is preparing for bankruptcy sent shares of the battered stock tumbling more than 62 percent this week. However, a potential PG&E bankruptcy could also impact other utility stocks. Several Wall Street analysts have...

PG&E Corporation (NYSE: PCG) stock bounced back to life Wednesday following some bullish commentary from Wall Street after a disastrous start to the week. The Analyst Bank of America analyst Julien Dumoulin-Smith reiterated his Buy rating for PG&E but cut his rice target in half from $44 to...

The extreme volatility in PG&E Corporation (NYSE: PCG) stock continued Friday after encouraging commentary from the California Public Utility Commission and an unlikely upgrade sent the stock skyrocketing more than 45 percent. What’s At Stake For traders who haven’t been following...

PG&E Corporation (NYSE: PCG) stock is in free-fall, dropping as much as 30 percent Wednesday after the company said it experienced an “electric incident” prior to the beginning of the Camp Fire in California and told investors its insurance would not be able to cover its...

The state of California last week passed SB 901, a piece of legislation that includes language that reduced the wildfire liability risk for PG&E Corporation (NYSE: PCG). Wall Street is taking notice, and PG&E stock received a pair of upgrades. The Analysts Bank of America analyst Julien...

China's "surprising decision" to suspend construction of new solar farms and slash subsidies prompted Bank of America Merrill Lynch to downgrade U.S.-based solar company First Solar, Inc. (NASDAQ: FSLR). The Analyst BofA's Julien Dumoulin-Smith downgraded First Solar rating...

Pinnacle West Capital Corporation (NYSE: PNW) reported first-quarter earnings May 2 that failed to meet consensus expectations. Analysts expected earnings per share of 10 cents, and the Arizona-based utility holding company reported 3 cents per share. The Analyst Bank of America Merrill Lynch...

The Federal Energy Commission recently ruled that MLPs will no longer be allowed to recover an income tax allowance in cost-of-service rates. The Analyst In the wake of the ruling, Bank of America Merrill Lynch analyst Julien Dumoulin-Smith downgraded shares of Dominion Energy Inc (NYSE: D...

NextEra Energy Partners, LP (NYSE: NEP) is a clear winner from Thursday's Federal Energy Regulatory Commission decision on MLP cost-of-service rates, as it offers the benefits of high-growth MLPs without any risk from the FERC decision, according to Bank of America Merrill Lynch. The Analyst...