Core Points - Venture Global, Inc. (NYSE:VG) experienced a significant decline in share price, falling by 32.26% from October 3 to October 10, 2025, making it one of the worst-performing energy stocks during that week [1] - The company is the second-largest LNG exporter in the United States and focuses on developing and constructing LNG export projects to provide clean and affordable energy globally [2] - The decline in share price was triggered by the loss of an arbitration proceeding against BP, which resulted in potential damages exceeding $1 billion, including interest, costs, and attorneys' fees [3] - This arbitration loss was unexpected, especially following a recent victory against Shell in a similar case earlier in the summer [3] - Following the arbitration ruling, Mizuho analyst Gabriel Moreen downgraded Venture Global from 'Outperform' to 'Neutral' and reduced the price target from $17 to $12 [4]
Venture Global (VG) Crashes Following Arbitration Loss
Yahoo Finance·2025-10-13 11:40