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Venture Global, Inc.
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$32.2B
Market Cap
7.9
P/E
0.31
PEG
10.6%
ROCE
27.5%
ROE
2.94
D/E
37.5%
OPM
-23.9%
% from 52W High
83
α RS
🔍 VG is showing a multi-screen setup because it matches 6 of 39 tracked screener presets, Sector RRG has Energy in the Leading quadrant with the trail still strengthening, RS Rating is 83, and it has maintained a 20-day Stage 2 momentum persistence. The main caution: the Large Cap Quality preset's Backtest win rate is only 48%. Net: Mixed signal stack, not a recommendation. ? Conviction RRG RS Rating Momentum Streaks Backtest
Sources
Conviction 6/39 · Energy in Leading quadrant · RS Rating 83 · Stage 2 streak: 20d · Backtest win rate 48%
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🌏 Global Investor Returns
Currency-adjusted total returns for VG including FX impact
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
📊 Peer Medians
About

Venture Global, Inc., a liquefied natural gas (LNG) company, engages in the ownership, development, construction, and operation of LNG production facilities and associated infrastructure in the United States, Germany, France, Netherlands, the United Kingdom, and internationally.The company is involved in LNG production, natural gas transportation, and regasification operations, as well as LNG sales and shipping business through LNG tankers. Its LNG projects include Calcasieu, Plaquemines, and CP2 projects. The company was founded in 2013 and is headquartered in Arlington, Virginia. Venture Global, Inc. operates as a subsidiary of Venture Global Partners II, LLC.

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📈 Growth Pattern
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⭐ Superinvestors Holding VG
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 2.68M $42.3M 0.05% Mar 2026
Jim Simons Renaissance Technologies LLC 2.05M $32.3M 0.05% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$4.6B
+48% YoY
Income from Operations
$2.2B
+111% YoY
Net Income
$1.3B
+266% YoY
Consolidated Adjusted EBITDA
$2.5B
+79% YoY
EBITDA Margin
54%
Not disclosed
What Went Right
  • Record quarterly EBITDA of $2.5B, up 79% YoY, on 127 cargoes and LNG sales volumes up 42% YoY to 466 TBtu.
  • Raised 2026 consolidated adjusted EBITDA guidance to $8.7B-$9.1B and increased contracted position to 91% of available 2026 cargoes at $5.05/MMBtu.
  • CP2 construction remains on schedule with 16 liquefaction modules on site and 5 HRSGs transported; Plaquemines Phase 1 COD targeted for Q4 2026.
  • Dividend increased 122% to $0.04/share and $5.3B of refinancings completed, saving more than $100M in annual interest/coupon costs.
What to Watch
  • 2026 EBITDA guidance range kept wider than usual due to Middle East-driven LNG price volatility.
  • Each $1/MMBtu change in the remaining 2026 liquefaction fee moves EBITDA by $180M-$210M, leaving exposure on the still-unsold portion of cargoes.
  • Calcasieu Pass arbitration remains open; next decision expected before year-end and a further hearing starts in late November.
  • European gas inventories are described as dangerously low ahead of winter, adding uncertainty to H2 pricing.
Management Guidance
  • 2026 consolidated adjusted EBITDA guided to $8.7B-$9.1B, raised from $8.2B-$8.5B.
  • 2026 cargo volumes tightened and raised to 500-518 from 494-523.
  • Remaining 2026 unsold cargoes assumed at a weighted average liquefaction fee of $12.50-$13.50/MMBtu.
  • Plaquemines Phase 1 COD targeted for Q4 2026; Phase 2 in mid-2027; CP2 first LNG expected in the second half of 2027.
Investor Lens
The thesis is stronger after this call: record EBITDA, higher guidance, rapid contracting, and CP2/Plaquemines execution give confidence in near-term cash flow growth. The company retains significant upside optionality through short/medium-term contracts while 91% of 2026 volumes are contracted at a solid $5.05/MMBtu weighted fee. Risks center on LNG price volatility, unresolved Calcasieu Pass arbitration, and high fixed-cost construction execution, but management’s conservative guidance and capital allocation actions (dividend +122%, refinancings) support the positive outlook.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Record Q2 with $2.5B EBITDA; guidance raised to $8.7-$9.1B.
Revenue
Revenue was $4.6B in Q2 2026, up 48% YoY from $3.1B, driven by 466 TBtu of LNG sold (+42% YoY) and $102M from higher net LNG sales prices. Volumes reflected 127 cargoes exported during the quarter.
Profitability
Net income attributable to common stockholders was $1.3B, up 266% from $368M in Q2 2025. Consolidated adjusted EBITDA reached a record $2.5B, up 79% YoY from $1.4B.
Margins
EBITDA margin was 54% as higher volumes and prices were not matched by proportionate cost growth. Operating and maintenance costs still increased $118M YoY due to Plaquemines commissioning work and more owned LNG carriers in operation.
Balance Sheet
Total assets reached $61.5B at June 30, 2026, up $15.0B YoY. Management refinanced $5.3B of debt and preferred equity, expects over $100M in annual interest/coupon savings, and had repaid $1.4B of debt through July 2026.
Key Risks
Management flagged outsized LNG price volatility from Middle East events and kept the 2026 guidance range wider than usual. European gas inventories are described as dangerously low heading into winter, and each $1/MMBtu move in 2026 unsold liquefaction fees impacts EBITDA by $180M-$210M. Calcasieu Pass arbitration also remains unresolved.
Outlook
For full-year 2026, adjusted EBITDA guidance was raised to $8.7B-$9.1B with cargo volumes tightened to 500-518. Management also targets Plaquemines Phase 1 COD in Q4 2026, Phase 2 in mid-2027, and CP2 first LNG in the second half of 2027.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-11
Record Q2 results with 48% revenue growth and 266% net income increase, driven by higher LNG volumes and prices. 2026 EBITDA guidance raised to $8.7–$9.1B, with 91% of capacity contracted and major expansions progressing. Dividend increased 122%.
Q1 2026 Q1 2026 2026-05-12
Q1 2026 saw strong revenue and earnings growth, record LNG exports, and a raised EBITDA outlook. Major project financings and new contracts boosted contracted sales to 84% for 2026, while rapid construction and operational improvements support ambitious expansion plans.
Q4 2025 Q4 2025 2026-03-02
Achieved record financial growth in 2025, nearly tripling revenue and EBITDA, while expanding LNG capacity and securing major long-term contracts. Guidance for 2026 remains strong, with most cargos already contracted and further growth expected from bolt-on expansions.
Q3 2025 Q3 2025 2025-11-10
Q3 2025 saw revenue surge 260% year-over-year to $3.3 billion, with strong LNG export growth and major new long-term contracts signed. EBITDA guidance for 2025 was narrowed due to arbitration reserves and market margin compression, but liquidity and project execution remain robust.
Q2 2025 Q2 2025 2025-08-13
Q2 2025 saw record revenue and EBITDA, driven by strong LNG exports and new long-term contracts. Guidance for 2025 Adjusted EBITDA remains $6.4B–$6.8B, with major project milestones achieved and robust market demand supporting future growth.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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