Why These Energy Stocks are Gaining This Week

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

Share Price Gains Between Jan. 16 – Jan. 23: 12.27%

Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world. The company is currently the second-largest LNG exporter in the United States.

Venture Global, Inc. (NYSE:VG) soared on January 21 after an arbitration tribunal ruled in its favor in a dispute with Spain’s Repsol. The arbitration involved the sale of LNG cargoes from the company’s Calcasieu Pass export plant in Louisiana under a 20-year long-term contract. The International Chamber of Commerce denied Repsol’s claims and awarded fees to VG after it found that the LNG operator had acted as a ‘reasonable and prudent operator’.

This marks the second such decision in favor of Venture Global, Inc. (NYSE:VG), following the company’s August 2025 victory in a similar case against Shell. However, the firm lost a similar arbitration fight with BP in October, with the London-based energy giant seeking more than $1 billion in damages. Other companies, including Poland’s Orlen, Portugal’s Galp Energia, Italy’s Edison, and China’s Sinopec, have also filed similar arbitration cases against Venture Global, which are still pending.

The aforementioned parties have claimed that Venture Global, Inc. (NYSE:VG) profited from selling its LNG on the spot market when prices soared after Russia invaded Ukraine, rather than delivering the cargoes they had booked years in advance.