Goldman Sachs initiated coverage of Venture Global (VG) with a Buy rating and $29 price target Venture is a developer and operator of liquefied natural gas export terminals on the U.S. Gulf Coast, the analyst tells investors in a research note. The firm says the company has a “unique” construction and operating model that allows for faster in-service of new projects and volume upside once online. Goldman believes this could provide “significant” cash flow upside and high returns on capital.
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- Venture Global initiated with a Buy at Goldman Sachs