We recently published 10 Firms Making Effortless 10-40% Gains. Venture Global Inc. (NYSE:VG) was one of Friday’s top performers.
Venture Global extended its winning streak to a 5th consecutive day on Friday, climbing 10.55 percent to close at $8.80 apiece as investor appetite was bolstered by the colder months’ seasonally rosy period for the energy sector.
Typically, traders view the winter season as the strongest period for the energy sector as households and businesses ramp up their power consumption for their heating needs, in turn, bolstering demand for natural gas exports and other energy sources.
Plaquesmine facility. Photo from Venture Global website
Sentiment was further buoyed by sustained demand from the power-hungry artificial intelligence data centers.
Friday’s rally came despite a decline in natural gas prices, with February contracts shedding 0.80 percent at $3.10 per million British thermal units (MMBtu).
In other news, Venture Global Inc. (NYSE:VG) lowered its adjusted EBITDA outlook for full-year 2025 for the second time, to a range of $6.18 billion to $6.24 billion. This follows a reduction announced in its last earnings call in November, when it trimmed its guidance to a range of $6.35 billion to $6.5 billion from the original $6.4 billion to $6.8 billion.
Official results are expected to be released in the second week of February 2025.
While we acknowledge the potential of VG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
