Venture Global (VG) Initial Public Offer (IPO)

Natural gas exporter Venture Global The shares fell by 4% on the first day of trade, if the company wants to test the investor’s hunger, efforts to break the effendation of the Trump Administration, the production of oil and gas production.

“The Trump Administration has made it very clear that the GNL helps grow export”, “Venture CEO Mike believes said CNBC in an interview on Friday.

The shares ended 24 dollars a day by bringing about $ 58 billion capitalization of the company’s market. Venture is the largest US GG GG Cheniere.

The company had the price Initial public offer 70 million shares to collect $ 25 $ 1.75 billion for all about $ 60.5 million valuations. But stock below that price was opened below 3.8% in $ 24.05, when the trade started on Friday evening in New York Stock Exchange.

Even before the opening trade, the President dispose of its IPO price from its original target. The company had Originally planned In the range of $ 40 and 46 million shares, they would gather about $ 2.2 billion in the middle point to rating for $ 110 million.

However, Venture’s IPO is a decade and fourth largest. Since 2000. In a $ 60 million assessment, it was the largest trillion.

Venture is located in five natural gas liquefacting gases and export facilities in Mexico in Mexico. These projects are expected to be 143.8 million tonnes of production per year, depending on the prospective of the company.

However, brave customers are locked in arbitration, for example, for example ShellCompanies that accuse companies that do not deliver LNG load in the plant plant in Luisiana Calcasieu Pass.

Meanwhile, president Donald Trump Was nominated on Monday National Energy Emergency And LNG issued an executive order that transcends the Pause of the Bid Administration in new export projects, removing the ability to risk growth.

Trump policies combined with cold winter weather and combined with the strong expectation of artificial intelligence, natural gas prices and related stocks are higher. Cheniere shares, for example, increased by more than 20% since Trump was chosen. Natural gas prices rose by 44% at the same time.

CORRECT: Venture Global’s CEO Mike is belly. A first version of this story lost his name.