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May 12, 2026 12:01 PM

Why Venture Global Shares Are Rising After Q1 Results

Venture Global Inc. (NYSE:VG), an LNG exporter, reported strong first-quarter 2026 results, with earnings and revenue topping analyst estimates, while raising full-year EBITDA guidance, expanding LNG supply agreements, and advancing key project milestones.

Strong Quarterly Growth And Higher Guidance

Venture Global reported first-quarter EPS of $0.19, beating the $0.13 estimate, while revenue of $4.599 billion exceeded the $3.945 billion estimate.

The company also raised its full-year adjusted EBITDA guidance to $8.2 billion-$8.5 billion from $5.2 billion-$5.8 billion.

Net income attributable to common stockholders rose 23% year over year to $488 million, while consolidated adjusted EBITDA increased 2% to $1.4 billion.

Venture Global exported a record 130 LNG cargos and sold 481 TBtu of LNG during the quarter, more than doubling volumes from the prior year.

The company tightened its projected 2026 cargo range to 494-523 cargoes and said 84% of the available 2026 cargoes have already been sold.

CP2 Financing And LNG Supply Agreements Expand

Venture Global approved the final investment decision for CP2 Phase II and closed $8.6 billion in project financing, bringing total ...