From Yahoo Finance: 2025-06-12 18:32:00

Venture Global, Inc. (NYSE:VG) saw an 8.37% increase in stock price on Tuesday, closing at $17.04 per share. This surge was due to the unveiling of its new $28 billion liquefied natural gas (LNG) facility in Louisiana, set to be one of the largest in the US. The CP2 LNG facility is expected to create 10,500 jobs and generate over $4 billion in local property taxes once operational.

With plans to commence commercial operations in 2027, Venture Global, Inc. (NYSE:VG) aims to become the largest LNG exporter in the US and the second largest globally. Despite its recent success, some investors believe other AI stocks offer more potential for higher returns with less risk. For those interested in AI investments, a free report on the best short-term AI stock is available.



Read more at Yahoo Finance: Venture Global (VG) Extends Rally on $28-B LNG Facility