New York, Jan 5, 2026, 21:34 EST — Market closed
- GE Vernova shares closed up 0.2% at $680.86 on Monday.
- The company said a 1.6-gigawatt LNG-fired power plant in Vietnam using its 9HA gas turbines began commercial operation.
- GE Vernova set Jan. 28 for fourth-quarter and full-year 2025 results.
GE Vernova (GEV.N) shares ended 0.2% higher on Monday after the power equipment maker said a 1.6-gigawatt liquefied natural gas (LNG) plant in Vietnam began commercial operations and flagged Jan. 28 for its next earnings release.
The update matters now because investors have been bidding up power and grid suppliers on expectations that rising electricity demand will translate into years of orders. The U.S. Energy Information Administration has said U.S. electricity consumption is expected to hit record highs in 2026, driven in part by data centers.
Rate expectations are also back in play for high-growth industrial names. Minneapolis Fed President Neel Kashkari said on Monday he sees a risk the unemployment rate could “pop” higher, underscoring the market’s sensitivity to upcoming data. Reuters
GE Vernova closed at $680.86, after trading as high as $698.74 and as low as $669.55. Volume was about 2.44 million shares, roughly in line with recent sessions.
In a statement, GE Vernova said PetroVietnam Power Corp’s Nhon Trach 3&4 plant is the first HA-powered power plant in Vietnam and the country’s first to be powered by LNG. The facility sits in Dong Nai province, about 70 kilometers southeast of Ho Chi Minh City, the company said.
The plant uses GE Vernova’s 9HA.02 equipment in a combined-cycle configuration — a setup that pairs a gas turbine with a steam turbine to boost efficiency by reusing heat. A representative from PV Power said the turbines can support up to 50% hydrogen co-firing, meaning hydrogen can be blended with gas to cut emissions.
“Lower-carbon and highly efficient gas power generation will play a crucial role in supporting this growth,” said Ramesh Singaram, president and CEO of GE Vernova’s gas power business in the Asia Pacific region. GE Vernova
GE Vernova said it will release fourth-quarter and full-year 2025 results on Wednesday, Jan. 28, before the U.S. market opens, with CEO Scott Strazik and CFO Ken Parks scheduled to speak on a 7:30 a.m. ET webcast. Traders will be looking for 2026 targets on cash generation and the company’s order backlog — booked work not yet delivered.
There are risks. A weaker macro backdrop can slow customer spending, and the ISM said U.S. factory activity slipped to a 14-month low at the end of 2025, with input prices elevated as tariffs pushed up costs for some manufacturers.
Technically, Monday’s $669.55 low is the nearest support level investors will watch, with $698.74 marking the week’s first resistance point. The next near-term catalyst is a run of U.S. labor-market and activity reports this week, before GE Vernova’s Jan. 28 earnings and webcast.
