PG&E Stock Has 75% Probability of Going to Zero, Citi Analyst says

The video discusses the competing plans for PG&E's bankruptcy resolution, highlighting the bondholder plan, which could wipe out equity, and PG&E's plan, which offers compensation to victims. Political factors, including California Governor Gavin Newsom's criticism, complicate the situation. The video also explores future investment opportunities in PG&E's infrastructure post-bankruptcy, emphasizing the role of the California Public Utilities Commission in authorizing necessary investments.

What is the probability that the bondholder plan will result in PG&E's equity being wiped out?

• 25%

• 50%

• 100%

• 75%

How does Governor Gavin Newsom's criticism affect PG&E's financial situation?

• It has no impact on PG&E.

• It simplifies the bankruptcy process.

• It guarantees PG&E's plan will succeed.

• It complicates the distribution of funds.

What role does the California Public Utilities Commission play in PG&E's future?

• It authorizes investments in infrastructure.

• It sets electricity prices for PG&E.

• It decides the ownership of PG&E.

• It manages PG&E's daily operations.

What is the main focus for PG&E after emerging from bankruptcy?

• Expanding into new markets.

• Cutting down on employee costs.

• Investing in infrastructure.

• Reducing electricity prices.

Why is gaining control over PG&E important post-bankruptcy?

• To reduce operational costs.

• To eliminate competition.

• To capitalize on investment opportunities.

• To increase stock prices.