Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Copper Tip Energy Services
Hazloc Heaters
Copper Tip Energy
Hazloc Heaters


RBC, JPM Start Coverage on Venture Global With Bullish Rating on Rising LNG Demand


These translations are done via Google Translate
** RBC and J.P.Morgan start coverage on U.S. liquefied natural gas (LNG) company Venture Global with a bullish rating

** JPM starts coverage with “overweight” rating and $25 PT; RBC starts coverage with “outperform” and $20 PT

** Shares of VG up at 1.88% at $16.26 premarket

** Both brokerages began coverage following the expiry of the mandated quiet period.


Get the Latest US Focused Energy News Delivered to You! It's FREE: Quick Sign-Up Here


** Both JPM and RBC see VG as a key player in the LNG industry due to its efficient project execution, low-cost LNG production, and growth potential

GLJ
MicroWatt Controls: Instrumentation & Safety System Experts
Tarco | Delivering Engineered Solutions

** “Venture’s “design one, build many” modular approach has disrupted the industry. VG seeks to leverage secular LNG demand…for rapid growth” – JPM

** “VG can benefit from LNG sales during the longer commissioning process,” RBC says

** Shares of VG have been trading below IPO price of $25 having debuted at $24.05 last month

(Reporting by Rashika Singh in Bengaluru)



Share This:



More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE