PEGPublic Service Enterprise Group
We were incorporated under the laws of the State of New Jersey in 1985 and our principal executive offices are located at 80 Park Plaza, Newark, New Jersey 07102. 10-K, Item 1
- Headquarters
- Newark, NJ
- CEO
- Ralph A. LaRossa
- Next results
- around Feb 25, 2027
What the 10-K filed 2026-02-26 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-25.
Big customers
Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).
No specific sentence about this in the 10-K.
Key suppliers
Parts or manufacturing that depend on one or a few suppliers.
No specific sentence about this in the 10-K.
Lawsuits and legal claims
3 newPending cases, settlements and what the company has set aside for them.
New “A competitor in the contract bidding process filed litigation against LIPA challenging the process.”
Read it in the 10-K ↗
New “LIPA filed a motion to dismiss the competitor’s claim as untimely, which was granted by the New York Supreme Court in December 2025.”
Read it in the 10-K ↗
New “LIPA filed a motion to dismiss the competitor’s claim as untimely, which was granted by the New York Supreme Court.”
Read it in the 10-K ↗
“Occidental has filed two lawsuits against PSE&G and others to attempt to recover costs associated with its past investigation and cleanup work within the LPRSA and to obtain a declaratory judgment of parties’ shares of any future costs.”
Read it in the 10-K ↗
“The EPA finalized and received court approval of a settlement with 82 parties who have agreed to pay $150 million to resolve their LPRSA CERCLA liability, in whole or in part.”
Read it in the 10-K ↗
Guarantees and indemnities
1 newPromises to pay someone else's debts or losses if they cannot.
New “In March 2025, PSEG, PSEG Power and PSE&G executed a one year extension to their existing $3.75 billion revolving credit facilities, extending the maturity through March 2029 and PSEG Power amended certain provisions in the Master Credit Facility including removal of subsidiary guarantees of PSEG Power.”
Read it in the 10-K ↗
“For this reason, PSEG Power believes that the current exposure at any point in time is a more meaningful representation of the potential liability under these guarantees.”
Read it in the 10-K ↗
“The following table shows the face value of PSEG Power’s outstanding guarantees, current exposure and margin positions as of December 31, 2025 and 2024.”
Read it in the 10-K ↗
“Face Value of Outstanding Guarantees $996 $1,272”
Read it in the 10-K ↗
“Exposure under Current Guarantees $132 $47”
Read it in the 10-K ↗
Debt covenants
Conditions in loan agreements that, if broken, can make debt due early.
“Our credit agreements contain maximum debt to equity ratios and other restrictive covenants and conditions to borrowing.”
Read it in the 10-K ↗
“We are currently in compliance with all of our debt covenants.”
Read it in the 10-K ↗
“Continued compliance with applicable financial covenants will depend upon our future financial position, level of earnings and cash flows, as to which no assurances can be given.”
Read it in the 10-K ↗
Commitments off the balance sheet
Contracts the company must pay for later: purchase obligations, take-or-pay deals.
No specific sentence about this in the 10-K.
Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗
Work on PEG in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/PEG/export.csv") into a cell.