Why These Energy Stocks Are Losing This Week

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

Share Price Decline Between Mar. 3 and Mar. 10: 35.66%

Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world.

Venture Global, Inc. (NYSE:VG) missed estimates in Q4 2024 as it reported a revenue of $1.52 billion, down 6.7% YoY and below market expectations by almost $398 million. The company’s EPS of $0.33 also missed estimates by a significant $0.43. The stock of VG plunged after the company recently added $2 billion to the projected cost of its Plaquemines LNG plant in Louisiana due to inflation and other factors.

The share price of Venture Global, Inc. (NYSE:VG) has plummeted by over 59% since its IPO in January.

Overall, Venture Global, Inc. (NYSE:VG) ranks first on our list of the energy stocks that are losing this week. While we acknowledge the potential for energy stocks, 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 but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

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