Venture Global (VG) Profits Climb Double-Digits, Shares Jump 14%

Venture Global Inc. (NYSE:VG) is one of the 10 Stocks With Stunning Gains.

Venture Global rallied for a second day on Tuesday, surging 14.20 percent to close at $13.27 apiece, as investors cheered a double-digit growth in both net income and revenues for the first quarter of the year, while markedly raising its growth outlook for 2026.

In a statement, Venture Global Inc. (NYSE:VG) said that it grew its net income by 23 percent to $488 million from $396 million in the same period last year, primarily driven by higher operating income of $71 million, thanks to higher LNG sales volume from the Plaquemines site.

Venture Global’s Plaquesmine facility. Photo from Venture Global website

Revenues climbed 59 percent to $4.599 billion from $2.894 billion year-on-year.

“The first quarter of 2026 was a dynamic and at times volatile period for the global LNG market, and we are proud that our company has played a critical role in helping maintain supply stability. Venture Global continues to deliver reliable US energy to our customers, while generating strong financial results for our shareholders,” Venture Global Inc. (NYSE:VG) CEO Mike Sabel said.

“We are making significant progress on construction at our third facility, CP2, including raising the roofs of our first two LNG tanks this quarter and successfully closing an $8.6 billion FID for Phase II of that project. We are continuing the safe startup and commissioning of Plaquemines LNG and are reaffirming our expectation of achieving Phase I commercial operations later this year. As the market navigates the ongoing impacts of the conflict in the Middle East, Venture Global remains focused on the safe, disciplined execution of our operating, commissioning, and construction plans,” he noted.

For the full-year period, Venture Global Inc. (NYSE:VG) raised its consolidated adjusted EBITDA guidance to a range of $8.2 billion to $8.5 billion, versus the $5.2 billion to $5.8 billion previously.

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