Jim Cramer Commented on These 6 Natural Gas Players

4. Venture Global, Inc. (NYSE:VG)

Number of Hedge Fund Holders: N/A

Cramer highlighted Venture Global, Inc. (NYSE:VG) as one of the LNG exporters whose stocks have declined, as he said:

“Finally, we want some exposure to the companies leading the way in the liquified natural gas export space, but many of the LNG exporters have proven to be very tricky stocks. One of the biggest up-and-comers, for instance, in the space, Venture Global, came public in January. It’s become a comedy of errors. Even after stabilizing, recovering a bit over the past month or so, the stock sits at 10 bucks and change, that’s down at least 66% from its 25% IPO price.”

Venture Global (NYSE:VG) builds and runs natural gas liquefaction and export sites near the Gulf Coast in Louisiana. The company is involved in transporting natural gas, managing shipping, overseeing regasification, and selling LNG. On April 23, when Cramer was asked about the stock, he commented, “You got to tell him not to get near Venture Global… It’d just be vicious if he owns that stock.”