Overview
Venture Global Q3 revenue rises 260% yr/yr to $3.3 bln, meeting analyst expectations
Net income for Q3 2025 increased to $0.4 bln from a net loss in Q3 2024
Company exported 100 LNG cargos, a new record and 237% increase from Q3 2024
Outlook
Venture Global reduces 2025 Consolidated Adjusted EBITDA guidance to $6.35 bln - $6.50 bln
Company expects to export 148 cargos from Calcasieu and 234-238 from Plaquemines in 2025
Changes in natural gas prices could impact 2025 Consolidated Adjusted EBITDA guidance
Result Drivers
LNG EXPORTS - Record LNG exports of 100 cargos in Q3, a 237% increase from Q3 2024, drove revenue growth
PLAQUEMINES PROJECT - Higher LNG sales volumes at Plaquemines Project significantly increased income from operations
NEW LNG AGREEMENTS - New long-term LNG sales agreements, totaling 5.25 MTPA, supported growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Meet | $3.30 bln | $3.30 bln (8 Analysts) |
Q3 Net Income | $400 mln |
Press Release: ID:nBw4GtTSma
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)