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Shares of LNG export company Venture Global (NYSE: VG) surged 37.9% in May, according to S&P Global Market Intelligence, despite missing earnings estimates in the previous quarter. Investor confidence was bolstered by management’s positive outlook on the upcoming launch of its second LNG export facility and the subsequent receipt of a crucial permit for its third facility. This rebound followed a decline in stock and natural gas prices in April due to concerns over “Liberation Day” and its economic implications.
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