AleAnna shares rise 12.05% in intraday after announcing 25.8 Bcf reserve increase and amid European gas supply shortage concerns.

AleAnna surged 12.05% in intraday trading, driven by the announcement that its proved natural gas reserves reached 25.8 Bcf by the end of 2025, a 47% year-over-year increase that extends field life and enhances resource value, while heightened geopolitical tensions reducing Qatar's LNG export capacity have amplified the strategic importance of the company's Italian gas resources amid expected European supply shortages.