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Posted by
Two Blokes Wed at 12:45 PM -
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Stock
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Venture Global's IPO was disastrous, with the stock price dropping from $25 to single digits due to customer arbitration cases and market conditions. VG achieved Commercial Operations at Calcasieu Pass and started producing commissioning cargoes at Plaquemines, rapidly increasing capacity. VG's future earnings will be less sensitive to market pricing, shifting from commissioning cargoes to long-term contracts, reducing volatility of results.
