United States Low-Cost LNG Provider Venture Global IPO on New York Stock Exchange (24/1/25) at $58 Billion Market Value with Share Price Decreasing -20% after 3 Days of Trading (29/1/25), Raised $1.75 Billion in IPO, Founded in 2013 by Mike Sabel & Bob Pender, Both Own 81% of Company & Become Billionaires with $23 Billion Fortune Each at IPO
30th January 2025 | Hong Kong
United States low-cost LNG provider Venture Global has IPO on New York Stock Exchange (24/1/25) at $58 billion market value with share price decreasing -20% after 3 days of trading (29/1/25), and raising $1.75 billion in the IPO. Venture Global was founded in 2013 by Mike Sabel & Bob Pender, with both owning 81% of the company & becoming billionaires with $23 billion fortune each at IPO. Venture Global – Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global’s business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. Venture Global’s first facility, Calcasieu Pass, commenced producing LNG in January 2022. The company’s second facility, Plaquemines LNG, achieved first production of LNG in December 2024. The company is currently constructing and developing over 100 MTPA of nameplate production capacity to provide clean, affordable energy to the world. Venture Global is developing Carbon Capture and Sequestration projects at each of its LNG facilities.
“ United States Low-Cost LNG Provider Venture Global IPO on New York Stock Exchange (24/1/25) at $58 Billion Market Value with Share Price Decreasing -20% after 3 Days of Trading (29/1/25), Raised $1.75 Billion in IPO, Founded in 2013 by Mike Sabel & Bob Pender, Both Own 81% of Company & Become Billionaires with $23 Billion Fortune Each at IPO “
United States Low-Cost LNG Provider Venture Global IPO on New York Stock Exchange (24/1/25) at $58 Billion Market Value with Share Price Decreasing -20% after 3 Days of Trading (29/1/25), Raised $1.75 Billion in IPO, Founded in 2013 by Mike Sabel & Bob Pender, Both Own 81% of Company & Become Billionaires with $23 Billion Fortune Each at IPO
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