Venture Global (VG) Stock Plunges 4.97% Amid Legal Disputes and Citi Downgrade to $9

The share price of Venture Global (VG) fell to a record low on Nov. 26, with an intraday decline of 4.55%, marking its second consecutive day of losses. The stock has now dropped 4.97% over the past two trading sessions, reflecting heightened investor uncertainty amid ongoing legal disputes and shifting market dynamics.

The decline follows a mixed legal landscape for the U.S.-based LNG producer. In August 2025, Venture Global secured a favorable arbitration ruling against Shell, which was later challenged in New York state court. However, the company faced a setback in October 2025 when a court found it had breached obligations to BP, exposing it to potential liabilities exceeding $1 billion. These conflicting outcomes have created volatility, compounded by Citi’s Nov. 25 downgrade of its price target from $16 to $9, citing weak LNG prices and legal risks. The firm highlighted prolonged uncertainty as a drag on investor confidence.

Despite these challenges, Venture Global has pursued expansion projects, including a 40% larger Plaquemines LNG brownfield expansion in Louisiana, citing “strong market demand.” The company also announced $28 billion in supply agreements with clients in Japan, Greece, and Spain. However, execution risks remain tied to resolving legal disputes and maintaining operational efficiency. Analysts note that the stock’s trajectory will depend on resolving liabilities, stabilizing LNG pricing, and successfully scaling output amid a complex regulatory environment.