Overview

* Venture Global ( VG ) 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 ( VG ) 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/Mis Actual Consensu

s s

Estimate

Q3 Meet $3.30 $3.30

Revenue bln bln (8

Analysts

)

Q3 Net $400 mln

Income

Press Release:

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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.)