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LNG exporter Venture Global slashes IPO price range
Venture Global stock sinks on IPO day, indicating lack of investor interest in the LNG exporter
The stock market trading debut comes as incoming President Trump has said he plans to boost America’s energy production. Update Friday, 3:30 p.m.
Venture Global IPO Signals A Return To Normal Order For LNG Exports
Venture Global's IPO represents a test for investor appetite for fossil fuel projects in the Trump administration.
LNG exporter Venture Global dips below IPO price in its trading debut
The energy company raised $1.75 billion by pricing 70 million shares at $25, the middle of its reduced $23 to $27 price range.
Venture Global closes 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 Stock Closes Below IPO Price in Debut
Shares of liquefied natural gas exporter Venture Global finished Friday's first day of trading below their initial public offering price of $25 per share.
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 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 exporter Venture Global slashes IPO valuation target by $45B after investors balk
Liquefied natural gas producer Venture Global slashed the proposed range for its IPO on Wednesday, lowering the valuation it sought to ~$65B from the initial target of $110B at the top of the previous range.
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.
1d
Exclusive: Japan's JERA plans to expand US LNG purchases to diversify energy supply
Japan's top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its ...
1d
LNG Freight Rates Plunge to Record-Low Levels as Vessels Pile up
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could ...
2d
LNG tankers change course to Europe as gas storage levels drop
Europe is increasingly reliant on its ability to attract LNG following the loss of Russian gas through Ukraine, as it ...
Jago News 24
1h
Bangladesh signs LNG deal with US company ‘Argent’
Bangladesh has signed a non-binding agreement with US-based Louisiana company, Argent, to purchase up to 5 million metric ...
22h
on MSN
New US LNG Supply Will Take Time To Start, Exxon Says
New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the ...
Upstream
1d
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 ...
gasworld
1d
A new era for LNG under Trump – but at what cost?
Trump’s aggressive push for LNG may indeed unlock a new era of US energy dominance, but it comes at a steep cost. By ...
1d
Trump says US will guarantee LNG supplies for Europe
President Donald Trump said on Thursday the United States would guarantee supplies of liquefied natural gas to Europe, even ...
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