Venture Global Posts Record Q3 Results and Raises 2026 Guidance
On November 10, Venture Global reported third-quarter 2026 revenue of $4.756 billion and profit available to common equity holders of $2.546 billion, versus $429 million a year earlier; diluted EPS was $0.96. It raised full-year 2026 adjusted EBITDA guidance to $10.0B-$10.3B from $8.7B-$9.1B and increased its expected cargo range to 509–518. Plaquemines Phase 1 entered commercial operations on October 31, while the company presented plans for up to 10 gigawatts of island-mode compute capacity by 2034.
Why it matters
The higher EBITDA and cargo ranges give investors updated expectations for Venture Global's 2026 operating performance. The company also disclosed a potential AI data-center power business, but the materials do not quantify its expected revenue or earnings contribution.
Key facts
- 1Venture Global's diluted EPS was $0.96, compared with $0.16 in the year-earlier quarter. tradingview.com
- 2The company exported 124 LNG cargos totaling 467.1 TBtu during the quarter. tradingview.com
- 3Venture Global signed new 20-year LNG offtake agreements with ConocoPhillips and China Gas and said 99% of available cargos were contracted. tradingview.com
- 4Consolidated Adjusted EBITDA reached $2.583 billion, up 69% from $1.525 billion in the prior-year quarter. investing.com
- 5The company signed equipment frame agreements for up to 16 power islands to support its proposed island-mode infrastructure for data centers. tradingview.com
Open questions
- The materials disagree on adjusted EPS, with one report giving $0.96 and another giving $0.56; the difference is not reconciled.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.