Venture Global (VG) Jumps 9.4% on NatGas Demand Jump

Core Insights - Venture Global, Inc. (NYSE:VG) experienced a significant increase in stock price, rising by 9.4% week-on-week due to higher natural gas prices and increased energy demand during the winter season [1][3] - Natural gas prices rose by 2.92% to $4.37/MMBtu, driven by colder-than-usual forecasts [2] - The company is expected to benefit from higher gas prices, which typically enhance profit margins during peak seasons [3] Financial Performance - Venture Global reported a net income attributable to shareholders of $429 million in the third quarter, a turnaround from a net loss of $347 million in the same period last year [4] - Revenues surged by 259% year-on-year, reaching $3.329 billion compared to $926 million [4] - Common shareholders of Venture Global are set to receive cash dividends of $0.017 per share on December 31, for those holding Class A and B stocks as of December 15 [3]