Scotiabank Slashes PT on Venture Global (VG) to $13 From $16

Core Insights - Venture Global, Inc. (NYSE:VG) is considered one of the best affordable stocks under $20, with a recent price target cut from $16 to $13 by Scotiabank while maintaining a Sector Perform rating [1][2] Company Operations - Venture Global, Inc. faced a "tumultuous 2025" in operations and corporate circumstances, with some challenges beyond the company's control and others stemming from a mismatch between consensus expectations and actual business performance [2] - The company is seeking federal regulatory approval to introduce natural gas into the final block of its Plaquemines LNG plant, with a deadline set for Thursday [3] - If approval is granted by the Federal Energy Regulatory Commission, the company will commence LNG production from the entire Plaquemines plant, which is over a year ahead of schedule for delivering contracted gas to long-term customers [4] - The completion of the Plaquemines export facility in Louisiana will enable it to operate at full capacity of 27.2 million metric tons per annum (mtpa) [4] Company Projects - Venture Global, Inc. is engaged in the construction and development of liquefied natural gas production, with ongoing projects including Calcasieu, Plaquemines, CP2, CP3, and Delta [5]