KKR & Co. Inc. (KKR)
After hours:
| Previous close | 95.28 |
| Open | 93.88 |
| Bid | 93.44 x 900 |
| Ask | 93.40 x 1100 |
| Day's range | 92.97 - 95.21 |
| 52-week range | 47.79 - 103.48 |
| Volume | |
| Avg. volume | 3,677,009 |
| Market cap | 82.783B |
| Beta (5Y monthly) | 1.62 |
| PE ratio (TTM) | 22.76 |
| EPS (TTM) | 4.09 |
| Earnings date | 01 May 2024 |
| Forward dividend & yield | 0.66 (0.69%) |
| Ex-dividend date | 15 Feb 2024 |
| 1y target est | 117.85 |
BloombergPG&E in Talks with KKR to Sell Minority Stake in Power Unit
(Bloomberg) -- PG&E Corp. is in talks to sell a minority stake in its power generation business to investment firm KKR & Co., a transaction regulators have signaled they don’t intend to support. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemPot Stocks Surge on Report DEA Set to Reclass
- Reuters
PG&E in talks with KKR to sell interest in Pacific Generation
PG&E said on Tuesday it had entered into exclusive negotiations to sell a minority interest in Pacific Generation to KKR & Co's unit, as the utility firm seeks funding to improve its energy grid. PG&E has been blamed for sparking numerous wildfires, including some of California's most deadly, and has been making investments to improve the reliability of its power grid. "We believe an investment from KKR would immediately enhance our financial position as we continue our pursuit of a clean energy future," CFO Carolyn Burke said.
ZacksKKR & Co. (KKR) to Report Q1 Earnings: What's in Store?
KKR & Co. (KKR) is expected to have recorded an increase in the AUM balance in Q1, driven by inflows. This is expected to have supported the company's earnings.
