Venture Global, Inc. (NYSE:VG) shares traded higher on Thursday, supported by ongoing global LNG supply disruptions and rising energy prices.

Natural gas stocks broadly moved higher after Iranian strikes targeted Qatari energy infrastructure.

At the same time, European natural gas prices surged about 30% to above 70 euros ($80.65) per MWh, adding to bullish sentiment across the sector.

Wall Street Signals Upside

The stock carries a Buy Rating with an average price target of $15.41. Recent analyst moves include:

Scotiabank: Sector Perform (Raises Target to $11.00) (Mar. 17)

RBC Capital: Outperform (Raises Target to $14.00) (Mar. 13)

Wells Fargo: Equal-Weight (Raises Target to $10.00) (Mar. 5)

Technical Analysis

VG is trading 33.8% above its 20-day SMA and 75.9% above its 100-day SMA, showing strong upside extension versus its intermediate trend.

Shares are up 35.54% over the past ...