15 Stocks That Stole The Show Last Week

4. Venture Global, Inc. (NYSE:VG)

Venture Global grew its share prices by 31.5 percent week-on-week as investor sentiment was boosted by the commencement of construction of its $28 billion liquefied natural gas (LNG) facility in Louisiana.

Called the CP2 LNG, the facility will sit on a 1,150-acre site in Cameron Parish, and is expected to be able to export at least 20 million tons of LNG per annum.

According to the company, the new facility is also expected to generate 10,500 jobs, of which 7,500 will start during the construction, and 3,000 upon commercial operations.

It is also expected to pay more than $4 billion in local property taxes once the LNG comes into full swing.

Venture Global, Inc. (NYSE:VG) said it targets to kick off commercial operations in 2027.

The facility is expected to make Venture Global, Inc. (NYSE:VG) the largest LNG exporter in the US, and the second largest in the world.