Is Venture Global (VG) Among the Energy Stocks that Gained the Most This Week?

The share price of Venture Global, Inc. (NYSE:VG) surged by 19.07% between May 29 and June 5, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development.

Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world. The company is currently the second-largest LNG exporter in the United States.

Venture Global, Inc. (NYSE:VG) continued to surge this week after it announced that it has kicked off site work at its CP2 LNG plant in Louisiana, marking a major milestone for the company. The 28 million metric tons per annum (mtpa) project is slated to bring new LNG supply to the global market beginning in 2027, potentially turning Venture Global into the largest LNG exporter in the United States and the second-largest in the world.

Mike Sabel, CEO of Venture Global, Inc. (NYSE:VG), stated:

“Venture Global applauds the Commission and FERC staff for their continued work to advance critical U.S. energy projects like CP2 LNG that support our allies abroad and thousands of jobs here at home. With all federal approvals now in hand we are excited to announce that we have launched on-site work for this Project, which is expected to deliver reliable low-cost LNG to the world starting in 2027. I am proud of our team and their relentless commitment to execution which has enabled our company’s historic achievements and rapid growth from a start-up to breaking ground on our third LNG export facility since 2019.”

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