Venture Global (VG) Extends Run on 5th Day, Soars 10.5% on Strong Power Demand

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 risk and potential of VG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.