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VGVenture Global, Inc.
$11.59$28.3B
Overview & Verdict
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VG logoVenture Global, Inc.(VG)Earnings, Financials & Key Ratios

VG•NYSE
$10.85
12.6× P/E·Price updated Jul 6, 2026
SectorEnergyIndustryMidstream Oil & GasSub-IndustryLNG Export Terminals and Shipping
AboutVenture Global, Inc. supplies natural gas products. The Company specializes in commissioning, constructing, and developing natural gas liquefaction and export projects.Show more
  • Revenue$13.77B+176.9%
  • EBITDA$5.97B+186.6%
  • Net Income$2.7B+74.8%
  • EPS (Diluted)0.86+41.0%
  • Gross Margin49.3%-25.7%
  • EBITDA Margin43.39%+3.5%
  • Operating Margin36.56%+3.1%
  • Net Margin19.59%-36.9%
  • ROE32.36%-11.4%

VG Price & Volume

Venture Global, Inc. (VG) stock price & volume — 10-year historical chart

Loading chart...

Capital Intensive Expansion Drives Volatile Earnings Trajectory

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Moderate
Financial:Strained
Cash Flow:Burning
Primary Risk:Regulatory and contract litigation

Key Thesis Takeaways

  • Venture Global is currently navigating a high-stakes transition from a development-stage entity to a major LNG exporter, characterized by massive infrastructure investment and significant revenue volatility.
  • While the company has successfully scaled its asset base to $56.3 billion as of 2026Q1, the reliance on external financing and the persistent negative free cash flow suggest substantial execution risk.
  • Investors should monitor the company's ability to stabilize margins, which have compressed from 70.6% in 2024Q3 to 35.0% in 2026Q1, as it moves toward full commercial operations.

Verdict Logic

the company's reliance on $37.6 billion in total debt and the consistent failure to generate positive free cash flow, including a $2.4 billion deficit in 2026Q1, present significant solvency risks that outweigh current valuation multiples.

VG Growth Metrics

Venture Global, Inc. (VG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years28.77%
TTM128.97%

Profit CAGR

10 Years-
5 Years-
3 Years13.23%
TTM56.34%

EPS CAGR

10 Years-
5 Years-
3 Years-2.92%
TTM45.16%

Return on Capital

10 Years16.96%
5 Years16.96%
3 Years13.73%
Last Year11.31%

VG Recent Earnings

Venture Global, Inc. (VG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (29%)●Beat Revenue 5/12 qtrs (83%)
Q2 2026Latest
May 12, 2026
Metric
Actual
Est
EPS
$0.19+51.5%
$0.13
Rev
$4.6B+15.8%
$4.0B
Q2 2026
Mar 2, 2026
Metric
Actual
Est
EPS
$0.41+18.5%
$0.35
Rev
$4.4B+0.1%
$4.4B
Q4 2025
Nov 10, 2025
Metric
Actual
Est
EPS
$0.16-29.6%
$0.23
Rev
$3.3B+1.5%
$3.3B
Q3 2025
Aug 11, 2025
Metric
Actual
Est
EPS
$0.14-23.9%
$0.18
Rev
$3.1B+5.5%
$2.9B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 12, 2026
$0.19vs $0.13+51.5%
$4.6Bvs $4.0B+15.8%
Q2 2026Mar 2, 2026
$0.41vs $0.35+18.5%
$4.4Bvs $4.4B+0.1%
Q4 2025Nov 10, 2025
$0.16vs $0.23-29.6%
$3.3Bvs $3.3B+1.5%
Q3 2025Aug 11, 2025
$0.14vs $0.18-23.9%
$3.1Bvs $2.9B+5.5%
Based on last 12 quarters of dataView full earnings history →

Latest VG News

Recent stock market news and headlines for Venture Global, Inc. (VG)

TheNewswire·1 day ago
Juggernaut 10,000 Meter Inaugural Drill Program Commenced On New District Scale High-Grade Gold Silver Copper Rich Discovery At 100% Controlled Big One Property, Golden Triangle, B.C

Vancouver, British Columbia – TheNewswire - July 6, 2026 – Juggernaut Exploration Ltd (JUGR.TSX V) (OTCPK: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to announce that drilling has commenced on the newly discovered district scale gold, silver, copper rich system on the 100% controlled Big One property (the “Property”), Golden Triangle, British Columbia. The fully funded 2026 inaugural drill program will consist of ~10,000 meters of drilling with two drill rigs designed to test the largest and most extensive veins hosted within the 22 km2 Eldorado zone, where surface samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq and channel cuts assayed up to 4.89 g/t AuEq over 5.21 m from >400 mineralized veins that are up to 10 m wide hosted in shear zones up to 50 m wide, and are exposed on surface for >1 km with >1 km of vertical relief and remain open. The planned drill holes are designed to intersect areas where multiple occurrences of gold visible to the naked eye (VG) have been identified in surface channel and grab samples from the Whopper Zone, the Big Mac Zone, and the Gold Dome Zone. Link to map with samples > 1 g/t AuEq

Business Wire·Jun 30, 2026
Vonage Launches Network-Powered Solutions for Fraud Prevention Across Canada

HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a part of Ericsson (NASDAQ: ERIC), today announced the commercial launch of its network-powered solutions for fraud prevention in Canada, offering developers and enterprises advanced fraud prevention capabilities across the nation's largest carrier networks. These capabilities are made possible through Vonage's network APIs, connecting to Canadian carriers, via Aduna's integration with EnStream, a joint venture of Bell, Rogers and TELUS – Canada's trusted.

ETF Trends·Jun 30, 2026
Why Investors Should Care About Midstream Classifications

The energy infrastructure sector includes a range of different business models, from gathering systems at the wellhead to long-haul pipelines and export facilities. Comparing midstream companies without a standardized framework of midstream classifications can be difficult.

Seeking Alpha·Jun 30, 2026
Venture Global: America's Next LNG Champion, Intense Growth Ahead

Venture Global is poised to become the largest US LNG exporter by 2027, surpassing Cheniere Energy. VG raised 2026 EBITDA guidance to $8.2–$8.5B, but I conservatively model ~$8B, highlighting robust growth and contract backlog. Despite elevated debt, VG's recent lower-yield debt issuance signals market confidence; $137B revenue backlog underpins long-term visibility.

Business Wire·Jun 26, 2026
Venture Global Announces Closing of $1.5 Billion Senior Secured Vessel Financing Facility

ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global Announces Closing of $1.5 Billion Senior Secured Vessel Financing Facility.

Peers Comparison

Key metrics vs top competitors for Venture Global, Inc. (VG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VG logoVGVenture Global, Inc.Current
$10.85$26.49B12.62176.93%19.59%32.36%1.63%
LNG logoLNGCheniere Energy, Inc.
$246.09$51.57B10.2024.44%7%13.25%—
NFE logoNFENew Fortress Energy Inc.
$0.38$108M-0.06-36.4%-168.8%-309.49%—
NEXT logoNEXTNextDecade Corporation
$7.59$2.01B-6.49——-16.65%—
GLNG logoGLNGGolar LNG Limited
$49.56$5.04B76.2551.14%30.1%6.4%—
ET logoETEnergy Transfer LP
$19.25$66.23B14.26-0.05%6.21%11.56%—

Compare VG vs Peers

Venture Global, Inc. (VG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs LNG

Most directly comparable listed peer for VG.

Scale Benchmark

vs XOM

Larger-name benchmark to compare VG against a more recognizable public peer.

Peer Set

Compare Top 5

vs LNG, NFE, NEXT, GLNG

VG SEC Filings & Documents

Venture Global, Inc. (VG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 12, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Apr 10, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2022

Feb 24, 2022·SEC

10-Q Quarterly Reports

5
FY 2026

May 12, 2026·SEC

FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 12, 2025·SEC

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VG Frequently Asked Questions

Venture Global, Inc. (VG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Venture Global, Inc.'s revenue?

Venture Global, Inc. (VG) reported $15.47B in revenue for fiscal year 2025. This represents a 140% increase from $6.45B in 2022.

How fast is Venture Global, Inc. growing?

Venture Global, Inc. (VG) grew revenue by 176.9% over the past year. This is strong growth.

Is VG profitable?

Yes, Venture Global, Inc. (VG) is profitable, generating $2.66B in net income for fiscal year 2025 (19.6% net margin).

Dividend & Returns
Does VG pay dividends?

Yes, Venture Global, Inc. (VG) pays a dividend with a yield of 1.63%. This makes it attractive for income-focused investors.

What is VG's return on equity?

Venture Global, Inc. (VG) has a return on equity (ROE) of 32.4%. This is excellent, indicating efficient use of shareholder capital.

What is Venture Global, Inc.'s free cash flow?

Venture Global, Inc. (VG) had negative free cash flow of $6.87B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in VG back in 2022?

Total return calculator · dividends reinvested · 4+ years of data

See returns →