Here are the 10-K annual reports from Venture Global, Inc. (VG) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow VG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VG filings page.
Venture Global, Inc. outlines an aggressive LNG growth strategy across multiple U.S. Gulf Coast projects in its annual report. The company operates the 11.2 mtpa Calcasieu Project and is commissioning the Plaquemines Project, targeting 28.0 mtpa of expected annualized production capacity across two phases.
Beyond these, Venture Global is building the CP2 Project, with expected annualized production capacity of 29.0 mtpa and estimated Total Project Costs for its two phases between $32.5 billion and $33.5 billion. Additional bolt‑on expansions at Plaquemines and CP2 and an early‑stage CP3 Project could raise its total project pipeline to 152.0 mtpa of expected annualized capacity.
The business model relies on a modular “design‑one, build‑many” approach, long‑term SPAs with largely investment‑grade offtakers, and excess‑capacity sales through its VG Commodities sales and shipping arm. The filing also highlights heavy capital needs, regulatory dependence, construction risks, customer concentration, and market volatility as key risk factors.