Moody’s downgrades Senegal to Caa1 amid rising debt concerns
Venture Global, Inc. (VG) Chief Commercial Officer Earl Thomas sold 1,000,000 shares of Class A Common Stock on September 11 and 12, 2025, for a total of $13,716,011. The sale comes as the $33 billion market cap company trades at 25.2 times earnings, with InvestingPro analysis indicating the stock is currently overvalued.
The sales occurred in two separate transactions. On September 11, 840,076 shares were sold at a weighted average price of $13.74, with prices ranging from $13.65 to $13.85. On September 12, 159,924 shares were sold at a weighted average price of $13.59, with prices ranging from $13.51 to $13.79. The stock has gained nearly 28% over the past six months, despite operating with a significant debt burden.
On the same dates, Thomas exercised options to acquire 999,999 shares of Class A Common Stock at a price of $0.79, for a total value of $790,000. These options were related to stock options with an exercise price of $0.79 and expiring on July 18, 2027. According to InvestingPro, three analysts have recently revised their earnings expectations upward for the upcoming period, suggesting potential positive momentum ahead.
In other recent news, Venture Global has been the focus of several analyst updates and site visits. The company reported a record 89 total cargoes in the second quarter of 2025, up from 63 in the first quarter and 36 in the same quarter of the previous year. This performance has led UBS to upgrade Venture Global’s stock from Neutral to Buy, citing a stronger-than-expected volume ramp at the Plaquemines project. Additionally, Deutsche Bank upgraded the stock to Buy, setting a price target of $17.00 after a site visit to the Plaquemines LNG facility in Louisiana. UBS also maintained its Buy rating and $18.00 price target, impressed by the scale of operations and timely production ramp-up at the Plaquemines site. Goldman Sachs reiterated its Buy rating and $18.00 price target, highlighting positive developments like new sales and purchase agreements and favorable outcomes in arbitration. Meanwhile, Wells Fargo raised its price target to $14.00 following Venture Global’s second-quarter earnings beat, though it maintained an Equal Weight rating. These developments reflect a series of positive assessments from major financial institutions regarding Venture Global’s recent performance and future prospects.
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