Public Service Enterprise Group Inc (NYSE:PEG)

43.16
Data as of Dec 26
 +0.45 / +1.05%
Today’s Change
31.25
Today|||52-Week Range
43.36
+34.71%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$21.8B

Company Description

Public Service Enterprise Group, Inc. operates as a holding company with a diversified business mix within the energy industry. Its operations are primarily in the Northeastern and Mid Atlantic United States and in other select markets. The company's principal direct wholly owned subsidiaries include PSEG Power LLC (Power) and Public Service Electric & Gas Co. (PSE&G). Power is a multi-regional, wholesale energy supply company that integrates its generating asset operations and gas supply commitments with its wholesale energy, fuel supply and energy trading functions through three principal direct wholly owned subsidiaries. Public Service Electric & Gas is an operating public utility engaged principally in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. It also invests in solar generation projects and has implemented energy efficiency and demand response programs in New Jersey. The company's other direct wholly owned subsidiaries include PSEG Energy Holdings LLC, which primarily has investments in leveraged leases; PSEG Long Island LLC, which operates the Long Island Power Authority's transmission and distribution system under a contractual agreement; and PSEG Services Corp., which provides certain management, administrative and general services to PSEG and its subsidiaries. The company's business consists of two reportable segments: its principal direct wholly owned subsidiaries, which are: Power and PSE&G. The company was founded in 1903 and is headquartered in Newark, NJ.

Contact Information

Public Service Enterprise Group, Inc.
80 Park Plaza
Newark New Jersey 07102-4109
P:(973) 430-7000
Investor Relations:
(973) 430-6565

Employees

Shareholders

Mutual fund holders39.50%
Other institutional29.86%
Individual stakeholders0.29%

Top Executives

Ralph IzzoChairman, President & Chief Executive Officer
Caroline D. DorsaChief Financial Officer & Executive Vice President
Tamara Louise LindeExecutive Vice President & General Counsel
Stuart J. BlackChief Accounting Officer, VP & Controller
M. Courtney McCormickSecretary, VP & Deputy General Counsel

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