Venture Global is seeking up to $110.38 billion valuation in its New York initial public offering, the second-largest U.S. liquefied natural gas producer said on Monday, setting the stage for the first blockbuster stock market flotation in 2025.

There's plenty to chew on in Venture Global's IPO filing beyond just the topline numbers. Why it matters: The U.S. LNG exporter hopes to raise up to $2.3 billion in what would be the largest energy IPO in over a decade.

The IPO documents show Venture Global has raised about $54bn to build its terminals and pay operating expenses since it was founded 11 years ago. It has earned nearly $20bn in gross proceeds over that time, while long-term contracts are expected to generate revenues of $107bn in coming years.

Venture Global Inc. is seeking to raise $2.3 billion in what would be the largest US initial public offering by an energy firm since 2013.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York,

Venture Global LNG, a prominent US-based liquefied natural gas exporter, has unveiled plans for its highly anticipated initial public offering, aiming for a valuation of up to $110bn. The company, headquartered in Arlington,

At that range, Venture Global would seek a valuation of anywhere between about $96 billion and $110.38 billion. That total comes from Venture Global’s calculation of outstanding shares after the IPO: roughly 430 million outstanding Class A shares and nearly 2 billion Class B shares.

Venture Global is expected to pitch its IPO to investors by Jan. 17 to rival the largest energy IPOs on record.

Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering, the liquefied natural gas exporter said on Monday, setting the stage for 2025's first blockbuster stock market flotation.

The Arlington, Virginia-based company is seeking to raise up to $2.30 billion by offering 50 million shares priced between $40 and $46 each

Venture Global Inc is seeking to raise $2.3bn in what would be the largest US initial public offering by an energy firm since 2013.The Arlington, Virginia-based company plans

The energy industry is set to stage a comeback in the US initial public offerings market, with sizable deals springing up after the worst year since 2003.