Earnings Releases·Nov 10, 2026, 6:31 AM ET

Venture Global — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached $4.8 billion (up 43% YoY) and net income was $2.5 billion (up 493% YoY), driven by higher LNG sales volumes from the Plaquemines Project.
Full-year 2026 Consolidated Adjusted EBITDA guidance was raised to $10.0 billion – $10.3 billion, with cargo expectations tightened to 509 – 518 and contracted cargos at 99% of available capacity.
Plaquemines Phase 1 commenced commercial operations in October 2026, while CP2 production is now targeted for mid-2027; the company also targets Plaquemines Phase 2 FID in mid-2027 and first LNG in 2029.
Strategic expansion includes new 20-year LNG offtake agreements totaling 2.0 MTPA with ConocoPhillips and China Gas, alongside frame agreements with GE Vernova and Baker Hughes to support an AI utility targeting 5 GW by 2031.
The Board declared a $0.04 per share dividend payable December 31, 2026, and the company repaid $2.8 billion of the $3.0 billion Equity Bridge Loan while securing a new $3.0 billion revolving credit facility.