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LNG exporter Venture Global closes $1.75 billion IPO
LNG Exporter Venture Global Stock Trades Below IPO Price in Debut
Key Takeaways Shares of liquefied natural gas exporter Venture Global debuted Friday below their initial public offering price of $25 per share.The company generated $1.75 billion by pricing 70 million shares in the middle of its $23 to $27 range.
Venture Global trades below IPO price in disappointing debut despite Trump's support of LNG industry
"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an interview Friday.
LNG Exporter Venture Global Shares Open 3.8% Below IPO Price
Venture Global Inc. shares slipped 3.8% in the natural gas exporter’s debut as a public company, after slashing its price target ahead of its IPO.Most Read from BloombergWhat Happened to Hanging Out on the Street?
LNG Exporter Venture Global Raises $1.75 Billion in US IPO
Venture Global is the second-largest exporter of liquefied natural gas, or LNG, in the United States, and one of Trump's first moves after his inauguration was to sign an executive order to end a moratorium on new LNG export permits, which clears an obstacle to Venture Global's expansion plan.
LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.
LNG pure-play Venture Global's IPO tests appetite for energy stocks under Trump administration
The Trump administration has made very clear they support growing LNG exports,” Venture CEO Mike Sable told CNBC in an interview Friday.
LNG exporter Venture Global raises $1.75 bln in US IPO
Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big initial public offering of President Donald Trump's second term as investors bet on his plan to boost U.
LNG player Venture Global falls after IPO debut
Venture Global (NYSE:VG) shares fell 4% on Friday following the company's public debut, with the stock opening at $24.05 after pricing its initial public offering (IPO) at $25 per share. The offering price was set at midpoint of the anticipated $23-$27 range,
The Motley Fool
8d
Investing in Liquefied Natural Gas Stocks
Here are five top
LNG
stocks
for investors to consider ... putting it ahead of Qatar and Australia as the top producer.
Liquefied natural gas
(
LNG
) is
natural
gas
turned into a liquid ...
2h
on MSN
Trump Executive Orders 2025: Energy Stock Winners and Losers
It appears that the biggest winners under Trump's executive orders are domestic oil and gas exploration and production ...
Business Recorder
7h
Global LNG: Asian spot LNG little changed on ample stocks, mild weather
LNG freight rates fell to record lows, with Atlantic rates dropping for a third straight week to $9,000/day on Friday driven ...
Upstream
5h
US LNG player set to begin life on stock market with $1.75 billion target
Venture Global expects to begin trading on Friday on the New York Stock Exchange with an initial public offering (IPO) priced ...
2h
EU Unlikely to Rely on Sanctions to End Russian LNG Imports
The European Union is unlikely to propose phasing out Russian liquefied natural gas as part of a new package of sanctions ...
1d
Goldman Sachs Sees Strong 'Secular Demand' For Natural Gas, Raises Estimates On Two Industry Players
Goldman Sachs predicts higher natural gas prices due to strong demand and LNG exports. Antero and National Fuel Gas may ...
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