Overview
- Shares climbed about 14% to $13.27 after the company posted stronger results and raised its 2026 outlook.
- Net income rose 23% to $488 million as revenue grew 59% to $4.599 billion, topping Wall Street forecasts.
- Management lifted full-year consolidated adjusted EBITDA guidance to $8.2 billion–$8.5 billion from $5.2 billion–$5.8 billion.
- The company said higher LNG sales from its Plaquemines site lifted operating income and that CP2 advanced with two tank roofs raised and Phase II financed at $8.6 billion.
- Venture Global reported heavy LNG activity and said it has already contracted 84% of its 2026 cargos at a set liquefaction fee, which adds visibility into cash flow.