Particle.news
Download on the App Store
8 ARTICLES
·
3mo ago

Venture Global IPO Marks Largest LNG Debut Despite Lowered Valuation

The LNG exporter raised $1.75 billion in its public offering, debuting at a $60.5 billion valuation after scaling back initial targets.

Image
NEW YORK, NEW YORK - JANUARY 24: The Venture Global LNG company logo is displayed at the New York Stock Exchange during morning trading on January 24, 2025 in New York City. Stocks opened mixed a day after the S&P hit a new record high following President Donald Trump’s call to lower interest rates and crude prices. (Photo by Michael M. Santiago/Getty Images)
Image
Image

Overview

  • Venture Global's IPO, the largest ever for an LNG company, raised $1.75 billion by selling 70 million shares at $25 each, below its original target price range.
  • The company's valuation was reduced from an initial $110 billion target to $60.5 billion due to investor concerns over long-term profitability and ongoing legal disputes.
  • Venture Global's market debut coincides with President Trump's executive order reversing a pause on LNG export permits, signaling a pro-energy policy shift.
  • The company faces arbitration challenges with major clients over contract disputes related to its Calcasieu Pass facility, which is still in its commissioning phase.
  • Despite a subdued debut, Venture Global remains one of the largest U.S.-listed energy companies, reflecting growing global demand for LNG and its ambitious expansion plans.