Reported 3 days ago
Venture Global, a liquefied natural gas exporter, successfully raised $1.75 billion in an initial public offering, marking a significant financial event during President Trump's second term. Despite revising its share price downwards due to investor concerns over long-term profitability, the company sold 70 million shares at $25 each. As the second-largest U.S. LNG exporter, Venture Global aims to expand its operations, leveraging recent regulatory changes that support increased U.S. energy production.
Source: YAHOO