Venture Global IPO January 24th

They’re growing like crazy, but also seems they’re making enemies with their strategic and long term customers. They’ve been selling on the spot market instead of filling their contracts.

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Shell and other companies including BP, Galp and Repsol have launched contract arbitration cases in the United States and Europe over the status of the plant and their inability to obtain contract cargoes for more than two years.

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I'd love to jump in.

I also held LNGLF/Y and TELL.

I was up huge and hung on and didn't get out and lucky to come away with about 8k in profit... after being up collectively about 80k...

Feel like LNG is cursed. I will watch how ever and see what the market decides the price should be and make a decision then.

As someone currently working on a VG project, I’m going to jump in at the open if it’s really between $24-27 but I suspect all those shares will be gobbled up and opens at twice the price

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Worth watching a they could be come the biggest IPO in years on the heals of Trump pumping LNG.

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From what I’ve heard and read Trump wants to increase oil and nat gas supplies in order to make both more affordable. That doesn’t sound good for investors. Anyone who was invested in this sector back in 2015-2019 remembers how painful it was then. I for one will be staying far away from this sector for the next few years.

Got in at 24.06 with a couple hundred bucks just to see what happens.

What’s the anticipated upside over Cheniere? It IPO’d higher than LNG’s value…which is up 40% in the past 12 months/200% in the last four years.

Unless there’s some significant dividend, it seems like that IPO was just timed to extract max equity at a market peak.

Ouch, Lol. Oh well.

For those who are in the industry - what is the argument for buying Venture vs. Cheniere?

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Feel like LNG is cursed. I will watch how ever and see what the market decides the price should be and make a decision then.

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LNG has its advantages and disadvantages. On a large scale it is expensive to start up and maintain the economies of scale to make it profitable.

It is also politically dependent. A normalization of relations again between Russia and Europe pretty much could wipe out the need for any future investment into LNG transport as pipeline deliveries of natural gas could return to normal or be expanded.


Then you also have contracts and future prices baked in to the agreement that do not take into account future fluctuations in a commodity that goes up and down like a heart monitor. By converting gas into a liquid, it allows natural gas to be stored in a more confined and transportable product, getting it down to temperature on such a large scale takes a lot of electricity cool and inversely will take seawater or electricity to warm it back into a usable source of fuel. That is why it costs so much and why you need so much of it to still keep it profitable.