Jim Cramer Believes Venture Global “Has Been Very Disappointing”

Company Overview - Venture Global, Inc. (NYSE:VG) is involved in the development and operation of LNG facilities, including natural gas liquefaction, transport, shipping, regasification, and sales [2]. Stock Performance - The stock has experienced significant volatility, dropping from an IPO price of $25 to lows of $6.75 in April, before rebounding to around $15 [2]. - Jim Cramer described the stock's price action as "disastrous," highlighting that the company raised $1.75 billion at $25 per share, which is now valued at just over $7 [1]. Market Sentiment - The stock has been controversial due to past actions where the company sold LNG cargoes at high spot prices despite prior agreements for lower price exports with initial customers [2]. - Despite the challenges, there is a perception that the stock is becoming attractive again as it has shown some recovery [2].