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LNG exporter Venture Global slashes IPO price range
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 closes $1.75 billion IPO after cutting share price
Energy company Venture Global prices 70 million shares at $25 — the middle of its reduced $23-$27 price range.
Venture Global Shares Indicated to Open About 6% Above IPO Price
Venture Global Inc. shares are indicated to open as much as 6% above their IPO price, after the natural gas exporter raised $1.75 billion in its first-time share sale.
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.
Venture Global Slashes IPO Price Range by More Than 40%
Venture Global Inc. slashed the marketed range for its initial public offering, bringing the potential valuation well below its $110 billion target.
Investors balked at Venture Global's earnings outlook before IPO price cut
Venture Global LNG was forced to nearly halve the valuation it is seeking in its U.S. initial public offering (IPO) after investors balked at the company's estimated long-term profit for liquefying gas for export,
US producer Venture Global LNG raises $1.75bn from IPO
Expansion plans could make company second largest emitter of greenhouse gases from LNG export terminals by 2030, report claims
US energy group Venture Global notches up $60bn valuation in IPO
The company priced its IPO at $25 a share, raising $1.75bn, according to a statement. It had said earlier this month that it was seeking to achieve a valuation of up to $110bn — more than oil major BP — before scaling back its offering this week.
Venture Global LNG reportedly considering lowering US IPO price range
The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.
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.
18m
on MSN
Citadel's Giacchi on Venture Global's IPO
Pete Giacchi, Citadel Securities, joins 'Money Movers' to discuss Venture Global's initial public offering, the biggest IPO ...
Crude Oil Prices
7h
Venture Global Goes Public With $60 Billion Valuation
Venture Global's LNG IPO raised less than expected due to investor skepticism about its valuation and business practices.
31m
on MSN
Appetite for IPOs is strong, but watch those valuations, analysts say
The tepid reception to Venture Global's ambitious valuation target shows companies need to set realistic expectations when ...
Upstream
2h
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 ...
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Donald Trump
United States
LNG
Initial public offering
Liquefied natural gas
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