Venture Global IPO Signals A Return To Normal Order For LNG Exports

Shares of liquefied natural gas (LNG) exporter Venture Global, Inc. began trading on the New York Stock Exchange Friday following the launch of an initial public offering valued at $1.75 billion. Thursday’s IPO included the offering of 70 million shares of Class A common stock at an initial price of $25 per share.

With a total initial market cap of $65 billion, Venture Global (VG) becomes the largest energy IPO by valuation in U.S. history and just the sixth US company to debut with a market cap of $60 billion or more. The IPO was launched just three days after Donald Trump was inaugurated as the 47^th President of the United States, following a campaign in which he promised to fully unleash America’s oil and natural gas industry.

TOPSHOT - US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC, on January 20, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)AFP via Getty Images

Trump Reverses Biden’s LNG Permitting Pause

As one of his first actions, Trump signed an executive order reversing Joe Biden’s pause in LNG permitting, returning this American growth industry to normal order following a year of uncertainty. This return to normalcy will enable the U.S. to fully meet commitments to allies in Europe, Asia and other global markets to deliver natural gas for their own energy and economic needs.