Recent Updates — VG

Venture Global LNG, a subsidiary of Venture Global, entered into frame agreements with GE Vernova, Baker Hughes, and GE Grid Solutions for the supply of equipment supporting up to 16 new 720 MW power island units and associated grid infrastructure. The aggregate amount payable under both agreements is approximately $17.2 billion, subject to adjustment. While currently non-binding regarding specific purchase orders, Venture Global expects to enter its first power island purchase order by the end of 2026. These agreements support the expansion of the company's existing behind-the-meter industrial power network and provide a pathway for up to 10 GW of new compute capacity for adjacent data centers. Venture Global is an American producer and exporter of liquefied natural gas (LNG) with assets across the LNG supply chain.

The International Chamber of Commerce’s arbitration tribunal issued a partial final award finding that Venture Global Calcasieu Pass LLC breached its long-term sales and purchase agreement with Galp Trading S.A. by failing to declare commercial operation date for the Calcasieu Project in a timely manner. A separate damages hearing is anticipated in 2027 or 2028, with any final award capped at $170 million under seller liability provisions. The company disputes the ruling and is evaluating its options while continuing deliveries under the existing contract terms. Venture Global operates as an independent developer of liquefied natural gas export facilities.

Venture Global exported 124 liquefied natural gas (LNG) cargos during the quarter ended September 30, 2026, selling and recognizing revenue for 465.8 terabritish thermal units (TBtu). The company realized an implied weighted average fixed liquefaction fee of $6.79 per million British thermal units (MMBtu). Calcasieu Pass contributed 137.7 TBtu across 37 cargos, while Plaquemines accounted for 328.1 TBtu from 87 shipments. Five Delivered Ex-Ship (DES) cargos totaling 20.4 TBtu will be recognized in the subsequent quarter due to delivery timing. Full financial results including net income and cash flow will be reported during the third-quarter earnings announcement. The company operates in the energy sector, specializing in the development, construction, and operation of large-scale LNG export facilities.

Venture Global LNG, Inc., a wholly-owned subsidiary of Venture Global, Inc., entered into a $3 billion senior secured revolving credit facility on September 2, 2026. The 364-day agreement matures on September 1, 2027, with Bank of America acting as administrative agent and multiple institutions serving as arrangers. Proceeds are designated for general corporate purposes, including funding project costs for CP2 and Plaquemines bolt-on expansions prior to final investment decisions. The facility bears interest at SOFR or base rate plus applicable margins, subject to rating-based reductions. Venture Global is an American producer and exporter of liquefied natural gas (LNG) with vertically integrated assets across the supply chain.

Venture Global reported second quarter 2026 results with revenue of $4.6 billion and net income attributable to common stockholders of $1.3 billion, representing increases of 48% and 266%, respectively, from the prior year period. The company exported 127 cargos and sold 466.4 TBtu of liquefied natural gas (LNG). Management raised full-year Consolidated Adjusted EBITDA guidance to $8.7–$9.1 billion from $8.2–$8.5 billion, citing higher volumes and favorable pricing assumptions. Venture Global declared a quarterly cash dividend of $0.04 per share, payable on September 30, 2026, to shareholders of record as of September 15, 2026. The company also executed over 2 MTPA of new or increased LNG offtake agreements and completed several refinancing transactions totaling approximately $5.5 billion in debt issuance and credit facilities. Venture Global is an American producer and exporter of liquefied natural gas (LNG) with assets located along the U.S. Gulf Coast.

Venture Global, Inc. reported operational metrics for the quarter ended June 30, 2026, including the sale of 466.4 TBtu of LNG at an implied weighted average fixed liquefaction fee of $6.45 per MMBtu. The company exported 127 total cargos, consisting of 37 cargos from the Calcasieu Pass facility (137.5 TBtu) and 90 cargos from the Plaquemines facility (328.9 TBtu). Five DES cargos totaling 20.1 TBtu from Plaquemines will be recognized in the following quarter. The company has not yet released full second quarter earnings. Venture Global, Inc. is an energy company that exports liquefied natural gas.