Venture Global, Inc. Stock Price, News & Analysis

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.

Venture Global has secured a $3 billion bank loan facility for its CP2 LNG project through its subsidiary Venture Global CP2 LNG. The financing, supported by 19 banks, will fund manufacturing, procurement, and engineering of its natural gas liquefaction and export facility in Cameron Parish, Louisiana. This follows a recent $2.5 billion Plaquemines bond transaction, bringing total capital markets transactions to $5.5 billion in two weeks.

The CP2 project, which has already received over $4 billion in investment, is expected to have a peak production capacity of 28.0 MTPA. The project will receive its first two liquefaction trains (numbers 55 and 56) in the coming months. SMBC will serve as Left Lead Arranger, Sole Bookrunner, and Administrative Agent, with multiple other major banks participating in various lead roles.

Venture Global announced that its subsidiary, Venture Global Plaquemines LNG (VGPL), has successfully closed a $2.5 billion senior secured notes offering. The notes were issued in two series:

- $1.25 billion of 7.50% senior secured notes due 2033
- $1.25 billion of 7.75% senior secured notes due 2035

The proceeds will be used to prepay existing senior secured first lien credit facilities and cover offering-related expenses. The notes are guaranteed by Venture Global Gator Express and secured by first-priority security interest in assets. These securities were not registered under the Securities Act and cannot be offered or sold in the US without registration or exemption.

Venture Global (NYSE: VG) has scheduled its first quarter 2025 earnings release and conference call. The company will publish its Q1 2025 financial results before market open on Tuesday, May 13, 2025. A conference call for investors and analysts will follow at 9:00 am Eastern Time on the same day. The event will include a listen-only webcast with accompanying slide presentation, accessible through Venture Global's Investor Relations website. A replay of the conference call will be made available on the company website after the event.

Venture Global has achieved a significant milestone with the commercial operation commencement of its Calcasieu Pass LNG export project. The project was completed in just 68 months from final investment decision, making it one of the fastest greenfield LNG projects despite facing challenges including a global pandemic, two hurricanes, and power facility issues.

The facility features an innovative configuration with mid-scale, modular liquefaction trains and sequential process facilities. After completing multi-year rectification of key components, the project is now ready for safe and reliable operation. The project maintained an exemplary safety record, surpassing industry average Total Recordable Incident Rate standards.

The project's multi-billion-dollar contracts will positively impact US-European trade relations. Long-term sales agreements offer competitive pricing with liquefaction fees under $2/mmbtu, providing customers access to low-cost North American LNG through 20-year contracts.

Venture Global has received approval from the U.S. Department of Energy to export liquefied natural gas (LNG) to non-FTA countries for its CP2 LNG project in Cameron Parish, Louisiana. The company has already initiated the Final Investment Decision (FID) process for CP2 LNG.

The initial phase of CP2 LNG has secured 20-year sales and purchase agreements with major energy companies including ExxonMobil, Chevron, JERA, New Fortress Energy, INPEX, China Gas, SEFE, and EnBW. Venture Global is currently in discussions for the remaining capacity and has begun significant off-site construction while awaiting regulatory authorizations.

Venture Global (NYSE: VG) has announced a major brownfield expansion of its Plaquemines LNG facility near New Orleans, Louisiana. The expansion will add 24 trains, representing an $18 billion additional investment and bringing Venture Global's total US project investments to over $75 billion.

The facility's production capacity will increase by over 18 MTPA, elevating the total expected capacity from 27 MTPA to more than 45 MTPA, making it North America's largest LNG export facility. The expansion will support hundreds of permanent Louisiana jobs and thousands of indirect jobs across more than 30 states.

The company expects to make a Final Investment Decision on the expansion following first production at CP2. The project, initially approved during President Trump's administration, aims to supply LNG to allies while improving the U.S. balance of trade.