Why Venture Global, Inc. (VG) Soared on Friday

We recently compiled a list of the Wall Street Optimism Spills Over to These 10 Stocks on Friday. In this article, we are going to take a look at where Venture Global, Inc. (NYSE:VG) stands against the other stocks.

Wall Street finished the trading week stronger, posting gains by more than 1 percent after slipping into the negative territory at intra-day trading following a clash between US President Donald Trump and Ukrainian leader Volodymyr Zelensky at the White House.

Following the televised meeting, the two leaders concluded the encounter without a deal for joint development of mineral resources.

The Dow Jones jumped by 1.39 percent, the S&P 500 surged by 1.59 percent, and the Nasdaq soared by 1.63 percent.

The broader market optimism spilled into individual stocks, with 10 companies ending the trading session with strong gains. In this article, we have detailed the reasons behind their impressive performance.

To come up with Friday’s top gainers, we considered only the stocks with $2 billion in market capitalization and $5 million in daily trading volume.

Close-up of a liquefied natural gas terminal expelling plumes of smoke.

Venture Global, Inc. (NYSE:VG)

Venture Global, Inc. (NYSE:VG) rose by 8.41 percent on Friday to finish at $15.09 apiece as investors scrambled to snap up shares in the company ahead of its fourth quarter earnings performance on March 6 and a $40-million dividend payout by the end of March.

In a statement, Venture Global, Inc. (NYSE:VG) said its board of directors gave the green light for the company to pay a $0.0165 dividend per common A and B shares, amounting to $40 million, payable on March 31, 2025. The dividends will be paid to shareholders with the company’s stock as of the record date, March 10, 2025.

In recent news, the company also received the approval of US federal regulators to increase the export capacity of its liquefied natural gas plant in Plaquemines, Louisiana, to 27.2 million metric tons per year from 24 million tons previously.

The capacity increase represents a 13-percent higher capacity and strengthened the US as the world’s largest fuel exporter.

Overall VG ranks 9th on our list of Friday’s top gainers. While we acknowledge the 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 but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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