Public Service Enterprise Group INC: directors' dealings · United States · SEC (Form 4)

About Public Service Enterprise Group INC

Public Service Enterprise Group Inc. (PSEG) is a U.S.-listed energy infrastructure company traded on the NYSE under the ticker PEG. For French, Belgian, and Swiss investors, it should be viewed primarily as a regulated American utility with meaningful exposure to the New Jersey regulatory framework. The company is headquartered in Newark, New Jersey, and traces its origins back to 1903, when Public Service Corporation was formed. That long operating history gives PSEG a deeply embedded position in the regional energy system and a recognizable franchise in the U.S. utility universe. ([corporate.pseg.com](https://corporate.pseg.com/aboutpseg/companyinformation?utm_source=openai)) PSEG’s business model is anchored in regulated infrastructure. Its main subsidiary, Public Service Electric and Gas Company (PSE&G), operates New Jersey’s largest combined electric and gas utility network and serves approximately 2.4 million electric customers and 1.9 million natural gas customers. This regulated base provides relatively stable cash-flow visibility, although earnings are still influenced by rate cases, capital deployment, and state policy decisions. PSEG is also one of the ten largest electric companies in the United States, which supports its competitive standing even though its footprint is concentrated rather than national. ([corporate.pseg.com](https://corporate.pseg.com/aboutpseg/companyinformation?utm_source=openai)) In addition to the utility business, PSEG owns generation assets through PSEG Power and PSEG Nuclear. The company operates the Salem and Hope Creek nuclear stations in southern New Jersey and holds an ownership interest in Peach Bottom in Pennsylvania. This nuclear fleet is strategically important because it provides large-scale carbon-free baseload electricity, helping support grid reliability and the energy transition. Recent company commentary has emphasized the role of nuclear power in meeting demand around the clock and reinforcing system stability during periods of peak usage. ([corporate.pseg.com](https://corporate.pseg.com/aboutpseg/companyinformation/thepsegfamilyofcompanies/psegnuclearllc?utm_source=openai)) Geographically, PSEG is heavily concentrated in the U.S. Northeast, with its core franchise in New Jersey and a related operating presence on Long Island through services provided to the Long Island Power Authority. This regional concentration limits diversification, but it also strengthens local market knowledge and regulatory relationships. The company has been focused on infrastructure modernization, load growth, and energy-efficiency programs as part of its multi-year capital plan. ([investor.pseg.com](https://investor.pseg.com/investor-news-and-events/financial-news/financial-news-details/2025/PSEG-Long-Island-Contract-Extension-Approved-by-N-Y--State-Comptroller/default.aspx?utm_source=openai)) Recent highlights include PSEG’s full-year 2025 earnings release, continued execution of a large regulated capital program, and inclusion in the Dow Jones Best-in-Class North America Index for the 18th consecutive year in May 2026. Management also continues to highlight grid resilience, customer-service improvements, and support for advanced nuclear development in New Jersey. Overall, PSEG offers a classic utility profile: defensive characteristics, regulated earnings visibility, and a strategic role in U.S. electrification and decarbonization. ([investor.pseg.com](https://investor.pseg.com/investor-news-and-events/financial-news/financial-news-details/2026/PSEG-ANNOUNCES-2025-RESULTS/default.aspx?utm_source=openai))