Venture Global shares plummet
Is Venture Global (VG) Stock a Buy After It Plunges to $11?
Where the stock goes next largely depends on natural gas prices. If LNG prices hold up high going forward, the stock will likely make a comeback. Analysts expect revenue to recover by over 180% this year, along with EPS at nearly $2 (also up 180%). This means you’re paying a bit over 7 times forward earnings and 2 times forward sales.
Why Venture Global Stock Plummeted Today
Venture Global stock crashed on the heels of the company's recently published fourth-quarter report. In addition to shortfalls on sales and earnings for the period, the company's guidance also underwhelmed the market -- and investors are worried about costs surrounding a major new project.
Venture Global shares plummet as US LNG exports slow
The Virginia-based company, which just listed publicly in January, reported that fourth-quarter revenue fell 7 per cent to $1.5bn. The company said cargoes of LNG exports declined 18 per cent in the fourth quarter, with sales of LNG volumes falling 13 per cent in the three months to the end of December.
Venture Global's shares on Thursday slumped to its lowest level since its debut as the LNG producer forecast its 2025 core ...
Venture Global (NYSE:VG) -23.3% to an all-time low in Thursday's trading after missing Q4 GAAP earnings estimates and saying ...
Mizuho analyst Robert Mosca views the post-earnings selloff in shares of Venture Global (VG) as overdone. The Street’s main takeaway was ...
During the three and twelve months ended December 31, 2024, Venture Global generated revenue of approximately $1.5 billion ...
Venture Global's focus on LNG demand, US energy policies, and gas pricing spreads makes it a compelling buy despite ...
Goldman Sachs lowered the firm’s price target on Venture Global (VG) to $20 from $29 and keeps a Buy rating on the shares. The firm is revising ...
The company was joined Thursday by Trump administration officials to tout a Louisiana project aimed at boosting gas exports.
Shares of Venture Global sank after the company's fourth-quarter results missed Wall Street views, extending the weeks-long decline they have weathered since their debut less than two months ago. The ...
Venture Global said on Thursday it expects the project cost for its Plaquemines LNG plant in Louisiana to be around $2 ...
Venture Global Inc is approaching its first corporate earnings call as a public company bearing a dubious distinction: it is ...
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