Venture Global Inc
NYSE:VG
Venture Global Inc
Venture Global Inc is a US-based company operating in Oil, Gas & Consumable Fuels industry. The company is headquartered in Arlington, Virginia and currently employs 1,400 full-time employees. The company went IPO on 2025-01-24. Venture Global, Inc. is a provider of United States liquefied natural gas (LNG) sourced from North American natural gas basins. The firm's business includes assets across the LNG supply chain including LNG production, shipping and regasification. The firm is engaged in commissioning, constructing, and developing five natural gas liquefaction and export projects near the Gulf of Mexico in Louisiana. Each project is designed or is being developed to include an LNG facility and associated pipeline systems that interconnect with several interstate and intrastate pipelines to enable the delivery of natural gas into the LNG facility. Its projects include Calcasieu Project, Plaquemines Project, CP2 Project, CP3 Project and Delta Project. Its five projects are being designed to deliver a total expected peak production capacity of approximately 143.8 mtpa, which consists of an aggregate of 104.4 mtpa expected nameplate capacity and an aggregate of 39.4 mtpa of expected excess capacity.
Venture Global Inc is a US-based company operating in Oil, Gas & Consumable Fuels industry. The company is headquartered in Arlington, Virginia and currently employs 1,400 full-time employees. The company went IPO on 2025-01-24. Venture Global, Inc. is a provider of United States liquefied natural gas (LNG) sourced from North American natural gas basins. The firm's business includes assets across the LNG supply chain including LNG production, shipping and regasification. The firm is engaged in commissioning, constructing, and developing five natural gas liquefaction and export projects near the Gulf of Mexico in Louisiana. Each project is designed or is being developed to include an LNG facility and associated pipeline systems that interconnect with several interstate and intrastate pipelines to enable the delivery of natural gas into the LNG facility. Its projects include Calcasieu Project, Plaquemines Project, CP2 Project, CP3 Project and Delta Project. Its five projects are being designed to deliver a total expected peak production capacity of approximately 143.8 mtpa, which consists of an aggregate of 104.4 mtpa expected nameplate capacity and an aggregate of 39.4 mtpa of expected excess capacity.
Strong Revenue Growth: Venture Global reported Q3 2025 revenue of $3.3 billion, up from $0.9 billion in Q3 2024, driven by higher LNG sales volumes.
Profit Surge: Net income reached $429 million, a $776 million improvement from a loss in the same quarter last year.
Updated EBITDA Guidance: Full-year 2025 consolidated adjusted EBITDA guidance was slightly reduced and tightened to $6.35–$6.5 billion, reflecting arbitration-related reserves and market pricing.
Major Contracting Momentum: Venture Global signed 5.25 MTPA in new 20-year SPAs in H2 2025, the most globally among peers, and expects further deals.
Plaquemines Progress: Plaquemines exported 64 commissioning cargos in Q3, up 25% quarter-over-quarter, and is on track for COD in Q4 2026.
Arbitration Developments: Arbitration liabilities have decreased, with a $765 million cap on four remaining cases (excluding BP), and no near-term cash impact expected.
Capital & Liquidity: The company completed significant financings, ending the quarter with over $3.5 billion in cash and a new $2 billion revolver, supporting strong liquidity.