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Being from Texas and working on Fed Government energy policy this is a stock I am eagerly waiting to IPO. With data center demand growth continuing to expand LNG is a fantastic play to provide reliable and relatively inexpensive energy to the grid. Not to mention it is by far the cleanest fossil fuel. For instance there is a "green" LNG sector emerging which would essentially make natural gas without having to extract it from the ground.
Thanks for this post!
Venture aims to sell 70 million shares at a price range of $23 to $27 per share to raise $1.89 billion, compared with its prior target of selling 50 million shares for $40 to $46 each to raise as much as $2.3 billion.
Wonder when IPO will be complete
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Same! I am happy that they have lowered the freaking IPO price range because factoring in that it would likely trade above the range I was not sure if $50 bucks a share was worth it esp at a $110 bil evaluation.
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But TAM for LNG must be massive I assume?
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