Venture Global, Inc. Stock Price, News & Analysis

Venture Global (NYSE: VG) has secured a significant 20-year LNG Sales and Purchase Agreement with Eni S.P.A., marking Eni's first long-term agreement with a U.S. LNG producer. Under the agreement, Eni will purchase 2 million tonnes per annum (MTPA) of LNG from Venture Global's CP2 LNG project.

The deal brings CP2 Phase One's total contracted capacity to 13.5 MTPA, with Venture Global's overall contracted capacity across all projects reaching 43.5 MTPA. The company has already delivered nearly 40 LNG cargoes to Italy from its Calcasieu Pass and Plaquemines LNG facilities, strengthening the U.S.-Italy energy partnership.

Venture Global (NYSE:VG) has expanded its LNG partnership with Germany's SEFE, increasing SEFE's purchase commitment from CP2 LNG by 0.75 MTPA to a total of 3.0 MTPA for 20 years. This expansion builds upon their 2023 agreement, positioning Venture Global to become Germany's largest LNG supplier with combined commitments of 5 MTPA including agreements with EnBW.

The company has already delivered 80 LNG cargoes to Germany from its Calcasieu Pass and Plaquemines facilities, powering approximately 8 million German homes for a year. CP2's Phase One has secured 11.5 MTPA in sales, bringing Venture Global's total contracted capacity across all projects to 41.5 MTPA.

Venture Global (NYSE:VG) announced that its subsidiary, Venture Global Plaquemines LNG, has successfully closed a $4 billion senior secured notes offering. The offering consists of two series: $2 billion of 6.50% notes due 2034 and $2 billion of 6.75% notes due 2036.

This offering follows a previous $2.5 billion notes issuance in April 2025, bringing the total senior secured notes issued by VGPL to $6.5 billion since starting LNG production in December 2024. The proceeds will be used to prepay existing credit facilities and cover offering expenses. The notes are guaranteed by Venture Global Gator Express and secured by first-priority security interest in assets.

Venture Global (NYSE:VG) has secured a significant 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd., a subsidiary of Malaysia's state-owned oil and gas company. Under the agreement, PETRONAS will purchase 1 million tonnes per annum (MTPA) of LNG from Venture Global's CP2 LNG facility.

This deal expands upon an existing agreement with PETRONAS for 1 MTPA from Plaquemines LNG. The CP2 facility has now sold approximately 10.75 MTPA of its 14.4 MTPA Phase One nameplate capacity, marking significant progress in securing long-term contracts with global partners.

Venture Global's (VG) Calcasieu Pass LNG export facility received a credit rating upgrade from S&P Global Ratings to investment-grade 'BBB-' from 'BB+'. The upgrade applies to the facility's $4.75 billion senior secured notes and ~$900 million construction term loan.

The rating improvement follows two significant milestones: the commencement of commercial operations on April 15, 2025, with LNG deliveries under long-term agreements, and the successful completion of the lenders' reliability test in May 2025. S&P maintains a stable outlook, citing strong offtake agreements and expected sustained production at or above nameplate capacity.

Venture Global ($VG) has commenced site work at its third LNG export facility, CP2 LNG, following key federal approvals from FERC and the U.S. Department of Energy. The project, set to begin LNG supply by 2027, will create approximately 7,500 direct construction jobs and 400 permanent positions in Louisiana, while supporting thousands of indirect jobs across 30 states. CP2 will contribute over $4 billion in local property taxes during operations. The facility, built using Venture Global's modularized strategy, is already advancing in engineering and off-site module construction. Upon completion, Venture Global is expected to become the largest LNG exporter in the U.S. and second-largest globally, serving customers in Europe, Japan, and other global allies.

Venture Global (NYSE: VG) has announced details of its previously declared cash dividend. The company will pay a dividend of $0.0165 per share, amounting to approximately $40 million in total. The dividend will be distributed to holders of both Class A and Class B common stock on June 30, 2025. Shareholders must be on record by the close of business on June 10, 2025 to be eligible for this dividend payment.

Venture Global has announced a $37,300 donation to the Coalition to Restore Coastal Louisiana (CRCL) for coastal restoration projects in Plaquemines Parish, Louisiana. The donation is part of the company's "Catch for the Coast" initiative in partnership with the New Orleans Saints, where Venture Global pledged $10 for every receiving yard gained by the Saints during the 2024 NFL season. The Saints accumulated 3,730 receiving yards, resulting in the final donation amount.

The initiative aims to address Louisiana's critical coastal erosion problem, with the state losing a football field of coastal wetlands every 100 minutes. The donation will support CRCL's science-based methods to protect and restore Louisiana's coastline, ensuring the preservation of local communities, industries, and culture.

Venture Global (NYSE: VG) reported strong Q1 2025 financial results, with revenue reaching $2.9 billion, up 105% year-over-year. The company achieved income from operations of $1.1 billion (up 75%) and Consolidated Adjusted EBITDA of $1.3 billion (up 94%). LNG exports hit a record 234 TBtu, increasing 93% from Q4 2024.

Key achievements include Calcasieu Pass commencing Commercial Operations, CP2 receiving authorization for non-FTA LNG exports, and securing a $3.0 billion credit facility. Notably, 18 Phase 1 liquefaction trains at Plaquemines demonstrated production levels of ~140% of nameplate capacity. The company updated its 2025 guidance, projecting Consolidated Adjusted EBITDA of $6.4-6.8 billion and expecting to export 145-150 cargos from Calcasieu and 222-239 from Plaquemines.