Symbols / VG
VG Chart
About
Venture Global, Inc. engages in the development, construction, and production of natural gas liquefaction and export projects near the U.S. Gulf Coast in Louisiana. It is involved in natural gas transport, shipping, and regasification, as well as sells LNG. Venture Global, Inc. was founded in 2013 and is based in Arlington, Virginia. Venture Global, Inc. is a subsidiary of Venture Global Partners II, LLC.
Fundamentals
Scroll to Statements| Sector | Energy | Industry | Oil & Gas Midstream | Market Cap | 23.72B |
| Enterprise Value | 60.79B | Income | 2.06B | Sales | 10.85B |
| Book/sh | 2.33 | Cash/sh | 0.80 | Dividend Yield | 70.00% |
| Payout | 5.73% | Employees | 1500 | IPO | — |
| P/E | 11.14 | Forward P/E | 12.00 | PEG | — |
| P/S | 2.19 | P/B | 4.16 | P/C | — |
| EV/EBITDA | 12.60 | EV/Sales | 5.60 | Quick Ratio | 0.66 |
| Current Ratio | 0.83 | Debt/Eq | 313.15 | LT Debt/Eq | — |
| EPS (ttm) | 0.87 | EPS next Y | 0.81 | EPS Growth | — |
| Revenue Growth | 259.50% | Earnings | 2026-03-02 | ROA | 5.63% |
| ROE | 28.55% | ROIC | — | Gross Margin | 52.02% |
| Oper. Margin | 39.65% | Profit Margin | 22.96% | Shs Outstand | 479.51M |
| Shs Float | 470.45M | Short Float | — | Short Ratio | 5.36 |
| Short Interest | — | 52W High | 19.50 | 52W Low | 5.72 |
| Beta | — | Avg Volume | 11.75M | Volume | 9.99M |
| Target Price | $10.89 | Recom | Buy | Prev Close | $9.47 |
| Price | $9.69 | Change | 2.32% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$10.89
Mean price target
2. Current target
$9.69
Latest analyst target
3. DCF / Fair value
$-430.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.69
Low
$5.00
High
$17.00
Mean
$10.89
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-24 | init | Morgan Stanley | — → Underweight | $8 |
| 2026-01-27 | down | JP Morgan | Overweight → Neutral | $11 |
| 2026-01-22 | main | UBS | Buy → Buy | $16 |
| 2025-12-11 | main | B of A Securities | Buy → Buy | $11 |
| 2025-11-26 | main | JP Morgan | Overweight → Overweight | $10 |
| 2025-11-13 | main | Scotiabank | Sector Perform → Sector Perform | $12 |
| 2025-11-12 | main | Wells Fargo | Equal-Weight → Equal-Weight | $11 |
| 2025-10-17 | main | Scotiabank | Sector Perform → Sector Perform | $13 |
| 2025-10-10 | down | Mizuho | Outperform → Neutral | $12 |
| 2025-08-28 | up | Deutsche Bank | Hold → Buy | $17 |
| 2025-08-25 | up | UBS | Neutral → Buy | $18 |
| 2025-08-14 | main | Wells Fargo | Equal-Weight → Equal-Weight | $14 |
| 2025-07-24 | main | JP Morgan | Overweight → Overweight | $17 |
| 2025-07-15 | main | Scotiabank | Sector Perform → Sector Perform | $16 |
| 2025-06-25 | main | B of A Securities | Buy → Buy | $19 |
| 2025-06-17 | init | Johnson Rice | — → Buy | $20 |
| 2025-06-12 | down | UBS | Buy → Neutral | $18 |
| 2025-05-14 | main | Goldman Sachs | Buy → Buy | $18 |
| 2025-05-14 | main | Wells Fargo | Equal-Weight → Equal-Weight | $12 |
| 2025-05-05 | main | RBC Capital | Outperform → Outperform | $14 |
News
RSS: Latest VG news- Hanwha to buy 1.5M tons of U.S. LNG yearly in 20-year Venture Global deal - Stock Titan Fri, 27 Feb 2026 09
- Venture Global, Inc. (NYSE:VG) Given Average Recommendation of "Hold" by Brokerages - MarketBeat Sat, 28 Feb 2026 06
- Assessing Venture Global (VG) Valuation As Shares Track Mixed Short And Long Term Returns - Yahoo Finance Wed, 25 Feb 2026 00
- Assessing Venture Global (VG) Valuation After Recent Share Price Momentum And Undervalued Narrative - simplywall.st Fri, 27 Feb 2026 08
- Venture Global First Korean Deal Marks New LNG Era - Bitget Fri, 27 Feb 2026 15
- Venture Global - Still Too Expensive To Pull The Trigger (NYSE:VG) - Seeking Alpha Fri, 16 Jan 2026 08
- 2 Big Energy IPOs Flopped This Year. It Doesn’t Bode Well for 2026. - Barron's Fri, 26 Dec 2025 08
- Morgan Stanley Initiates Coverage of Venture Global (VG) with Underweight Recommendation - Nasdaq ue, 24 Feb 2026 13
- Morgan Stanley Initiates Coverage on Venture Global (VG) with Un - GuruFocus ue, 24 Feb 2026 13
- Venture Global (VG) Reports Next Week: What Awaits? - Finviz Mon, 23 Feb 2026 16
- VG Stock Surges 22% With A 5-day Winning Spree On Unusual Options Activity - Trefis Fri, 16 Jan 2026 08
- Price Over Earnings Overview: Venture Global - Sahm Mon, 23 Feb 2026 08
- $VG stock is down 10% today. Here's what we see in our data. - Quiver Quantitative Wed, 10 Dec 2025 08
- Venture Global Stock Price Drops 8.4% - National Today Fri, 27 Feb 2026 16
- Analysts Issue Forecasts for Venture Global Q2 Earnings - MarketBeat Wed, 04 Feb 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 1000000 | 6890000 | — | Sale at price 6.89 per share. | EARL THOMAS EDWARD | Officer | — | 2025-12-05 00:00:00 | D |
| 1 | 1000000 | 790000 | — | Conversion of Exercise of derivative security at price 0.79 per share. | EARL THOMAS EDWARD | Officer | — | 2025-12-05 00:00:00 | D |
| 2 | 1080000 | — | — | Stock Gift at price 0.00 per share. | PENDER ROBERT B | Chairman of the Board | — | 2025-11-25 00:00:00 | D |
| 3 | 1000000 | 7961440 | — | Sale at price 7.80 - 8.01 per share. | MUSSER FORY | Officer | — | 2025-11-20 00:00:00 | D |
| 4 | 1000000 | 790000 | — | Conversion of Exercise of derivative security at price 0.79 per share. | MUSSER FORY | Officer | — | 2025-11-20 00:00:00 | D |
| 5 | 1000000 | 8053289 | — | Sale at price 8.03 - 8.06 per share. | MUSSER FORY | Officer | — | 2025-11-17 00:00:00 | D |
| 6 | 1000000 | 790000 | — | Conversion of Exercise of derivative security at price 0.79 per share. | MUSSER FORY | Officer | — | 2025-11-17 00:00:00 | D |
| 7 | 482699 | 3912709 | — | Sale at price 8.06 - 8.16 per share. | LARSON KEITH D | General Counsel | — | 2025-11-14 00:00:00 | D |
| 8 | 482699 | 381332 | — | Conversion of Exercise of derivative security at price 0.79 per share. | LARSON KEITH D | General Counsel | — | 2025-11-14 00:00:00 | D |
| 9 | 500000 | 6845000 | — | Sale at price 13.69 per share. | EARL THOMAS EDWARD | Officer | — | 2025-09-15 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 154.80M | 35.51M | 149.75M | 54.00K |
| TaxRateForCalcs | 0.20 | 0.18 | 0.12 | 0.00 |
| NormalizedEBITDA | 2.31B | 5.16B | 3.10B | -425.00M |
| TotalUnusualItems | 774.00M | 193.00M | 1.20B | 54.00M |
| TotalUnusualItemsExcludingGoodwill | 774.00M | 193.00M | 1.20B | 54.00M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 1.69B | 2.81B | 1.98B | -249.00M |
| ReconciledDepreciation | 322.00M | 277.00M | 158.00M | 13.00M |
| ReconciledCostOfRevenue | 1.67B | 1.96B | 2.25B | 6.00M |
| EBITDA | 3.09B | 5.35B | 4.29B | -371.00M |
| EBIT | 2.77B | 5.07B | 4.14B | -384.00M |
| NetInterestIncome | -354.00M | -592.00M | -1.21B | -149.00M |
| InterestExpense | 584.00M | 641.00M | 592.00M | 52.00M |
| InterestIncome | 244.00M | 172.00M | 18.00M | 0.00 |
| NormalizedIncome | 1.07B | 2.65B | 927.75M | -302.95M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 1.69B | 2.81B | 1.98B | -249.00M |
| TotalExpenses | 3.21B | 3.07B | 2.89B | 341.00M |
| TotalOperatingIncomeAsReported | 1.76B | 4.85B | 3.56B | -337.00M |
| DilutedAverageShares | 2.42B | 2.58B | 2.58B | 1.97B |
| BasicAverageShares | 2.42B | 2.35B | 2.35B | 1.97B |
| DilutedEPS | 0.61 | 1.04 | 0.72 | -0.18 |
| BasicEPS | 0.61 | 1.14 | 0.79 | -0.18 |
| DilutedNIAvailtoComStockholders | 1.48B | 2.68B | 1.86B | -356.00M |
| NetIncomeCommonStockholders | 1.48B | 2.68B | 1.86B | -356.00M |
| PreferredStockDividends | 68.00M | |||
| NetIncome | 1.54B | 2.68B | 1.86B | -356.00M |
| MinorityInterests | -59.00M | -805.00M | -1.12B | 187.00M |
| NetIncomeIncludingNoncontrollingInterests | 1.60B | 3.49B | 2.98B | -543.00M |
| NetIncomeFromTaxLossCarryforward | -144.00M | -130.00M | -118.00M | -107.00M |
| NetIncomeContinuousOperations | 1.75B | 3.62B | 3.10B | -436.00M |
| TaxProvision | 437.00M | 816.00M | 447.00M | 0.00 |
| PretaxIncome | 2.18B | 4.43B | 3.54B | -436.00M |
| OtherIncomeExpense | 774.00M | 193.00M | 1.20B | 54.00M |
| SpecialIncomeCharges | 0.00 | 19.00M | 0.00 | 4.00M |
| OtherSpecialCharges | -19.00M | -4.00M | ||
| GainOnSaleOfSecurity | 774.00M | 174.00M | 1.20B | 50.00M |
| NetNonOperatingInterestIncomeExpense | -354.00M | -592.00M | -1.21B | -149.00M |
| TotalOtherFinanceCost | 14.00M | 123.00M | 635.00M | 97.00M |
| InterestExpenseNonOperating | 584.00M | 641.00M | 592.00M | 52.00M |
| InterestIncomeNonOperating | 244.00M | 172.00M | 18.00M | 0.00 |
| OperatingIncome | 1.76B | 4.83B | 3.56B | -341.00M |
| OperatingExpense | 1.54B | 1.10B | 642.00M | 335.00M |
| OtherOperatingExpenses | 391.00M | 140.00M | 58.00M | |
| DepreciationAmortizationDepletionIncomeStatement | 277.00M | 158.00M | 6.00M | |
| DepreciationAndAmortizationInIncomeStatement | 277.00M | 158.00M | 6.00M | |
| ResearchAndDevelopment | 635.00M | 490.00M | 311.00M | 188.00M |
| SellingGeneralAndAdministration | 312.00M | 224.00M | 191.00M | 89.00M |
| GeneralAndAdministrativeExpense | 312.00M | 224.00M | 191.00M | 89.00M |
| OtherGandA | 312.00M | 224.00M | 191.00M | 89.00M |
| GrossProfit | 3.30B | 5.94B | 4.20B | -6.00M |
| CostOfRevenue | 1.67B | 1.96B | 2.25B | 6.00M |
| TotalRevenue | 4.97B | 7.90B | 6.45B | 0.00 |
| OperatingRevenue | 4.95B | 7.88B | 6.43B | 0.00 |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| OrdinarySharesNumber | 2.42B | 2.42B | 2.42B |
| ShareIssued | 2.42B | 2.42B | 2.42B |
| NetDebt | 25.67B | 15.96B | 9.99B |
| TotalDebt | 29.81B | 21.17B | 10.95B |
| TangibleBookValue | 2.90B | 1.51B | -186.00M |
| InvestedCapital | 32.17B | 22.30B | 10.42B |
| WorkingCapital | 1.02B | 3.64B | -334.00M |
| NetTangibleAssets | 2.90B | 1.51B | -186.00M |
| CapitalLeaseObligations | 536.00M | 383.00M | 337.00M |
| CommonStockEquity | 2.90B | 1.51B | -186.00M |
| TotalCapitalization | 31.98B | 22.12B | 10.27B |
| TotalEquityGrossMinorityInterest | 6.37B | 2.08B | 509.00M |
| MinorityInterest | 3.47B | 575.00M | 695.00M |
| StockholdersEquity | 2.90B | 1.51B | -186.00M |
| OtherEquityInterest | -690.00M | ||
| GainsLossesNotAffectingRetainedEarnings | -249.00M | -260.00M | -184.00M |
| OtherEquityAdjustments | -249.00M | -260.00M | -184.00M |
| RetainedEarnings | 2.61B | 1.23B | 688.00M |
| AdditionalPaidInCapital | 512.00M | 519.00M | 0.00 |
| CapitalStock | 23.00M | 23.00M | 0.00 |
| CommonStock | 23.00M | 23.00M | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 37.12B | 26.38B | 14.59B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 33.58B | 24.06B | 12.84B |
| OtherNonCurrentLiabilities | 794.00M | 539.00M | 318.00M |
| PreferredSecuritiesOutsideStockEquity | 1.53B | 1.39B | 1.25B |
| NonCurrentDeferredLiabilities | 1.64B | 1.15B | 474.00M |
| NonCurrentDeferredTaxesLiabilities | 1.64B | 1.15B | 474.00M |
| LongTermDebtAndCapitalLeaseObligation | 29.62B | 20.99B | 10.79B |
| LongTermCapitalLeaseObligation | 536.00M | 383.00M | 337.00M |
| LongTermDebt | 29.09B | 20.61B | 10.46B |
| CurrentLiabilities | 3.54B | 2.31B | 1.75B |
| OtherCurrentLiabilities | 282.00M | 146.00M | 168.00M |
| CurrentDebtAndCapitalLeaseObligation | 190.00M | 178.00M | 150.00M |
| CurrentDebt | 190.00M | 178.00M | 150.00M |
| PensionandOtherPostRetirementBenefitPlansCurrent | 191.00M | 134.00M | 117.00M |
| PayablesAndAccruedExpenses | 2.88B | 1.86B | 1.31B |
| CurrentAccruedExpenses | 1.25B | 1.41B | 1.06B |
| InterestPayable | 361.00M | 230.00M | 77.00M |
| Payables | 1.63B | 451.00M | 252.00M |
| DividendsPayable | 95.00M | 15.00M | |
| AccountsPayable | 1.54B | 436.00M | 252.00M |
| TotalAssets | 43.49B | 28.46B | 15.10B |
| TotalNonCurrentAssets | 38.93B | 22.50B | 13.69B |
| OtherNonCurrentAssets | 1.46B | 782.00M | 1.48B |
| NonCurrentDeferredAssets | 384.00M | 464.00M | 304.00M |
| FinancialAssets | 1.48B | 899.00M | 973.00M |
| InvestmentsAndAdvances | 327.00M | 539.00M | 0.00 |
| LongTermEquityInvestment | 327.00M | 539.00M | 0.00 |
| NetPPE | 35.28B | 19.82B | 10.93B |
| AccumulatedDepreciation | -792.00M | -452.00M | -164.00M |
| GrossPPE | 36.07B | 20.27B | 11.10B |
| Leases | 214.00M | 35.00M | |
| ConstructionInProgress | 15.51B | 12.62B | 3.81B |
| OtherProperties | 1.08B | 579.00M | 428.00M |
| MachineryFurnitureEquipment | 19.33B | 7.05B | 6.81B |
| BuildingsAndImprovements | 97.00M | 0.00 | |
| LandAndImprovements | 55.00M | 26.00M | 10.00M |
| Properties | 0.00 | 0.00 | |
| CurrentAssets | 4.56B | 5.96B | 1.41B |
| OtherCurrentAssets | 93.00M | 143.00M | 41.00M |
| HedgingAssetsCurrent | 154.00M | 164.00M | 146.00M |
| RestrictedCash | 169.00M | 520.00M | 391.00M |
| Inventory | 171.00M | 44.00M | 26.00M |
| OtherInventories | 10.00M | ||
| FinishedGoods | 72.00M | 5.00M | 20.00M |
| RawMaterials | 89.00M | 39.00M | 6.00M |
| Receivables | 364.00M | 265.00M | 190.00M |
| AccountsReceivable | 364.00M | 265.00M | 190.00M |
| CashCashEquivalentsAndShortTermInvestments | 3.61B | 4.82B | 618.00M |
| CashAndCashEquivalents | 3.61B | 4.82B | 618.00M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -11.57B | -3.54B | -916.00M | -2.58B |
| RepaymentOfDebt | -905.00M | -5.92B | -5.04B | -3.27B |
| IssuanceOfDebt | 9.36B | 16.15B | 7.67B | 7.77B |
| IssuanceOfCapitalStock | 3.00B | 0.00 | 0.00 | |
| CapitalExpenditure | -13.72B | -8.09B | -4.62B | -2.08B |
| InterestPaidSupplementalData | 338.00M | 368.00M | 220.00M | |
| IncomeTaxPaidSupplementalData | 10.00M | 127.00M | 0.00 | |
| EndCashPosition | 4.61B | 5.87B | 2.41B | 1.38B |
| BeginningCashPosition | 5.87B | 2.41B | 1.38B | 333.00M |
| ChangesInCash | -1.26B | 3.46B | 1.04B | 1.04B |
| FinancingCashFlow | 10.75B | 7.63B | 235.00M | 3.62B |
| CashFlowFromContinuingFinancingActivities | 10.75B | 7.63B | 235.00M | 3.62B |
| NetOtherFinancingCharges | -564.00M | -2.44B | -2.38B | -869.00M |
| CashDividendsPaid | -139.00M | -164.00M | -6.00M | -7.00M |
| CommonStockDividendPaid | -139.00M | -164.00M | -6.00M | -7.00M |
| NetPreferredStockIssuance | 3.00B | 0.00 | 0.00 | |
| PreferredStockIssuance | 3.00B | 0.00 | 0.00 | |
| NetIssuancePaymentsOfDebt | 8.46B | 10.23B | 2.63B | 4.50B |
| NetLongTermDebtIssuance | 8.46B | 10.23B | 2.63B | 4.50B |
| LongTermDebtPayments | -905.00M | -5.92B | -5.04B | -3.27B |
| LongTermDebtIssuance | 9.36B | 16.15B | 7.67B | 7.77B |
| InvestingCashFlow | -14.16B | -8.72B | -2.90B | -2.08B |
| CashFlowFromContinuingInvestingActivities | -14.16B | -8.72B | -2.90B | -2.08B |
| NetOtherInvestingChanges | -336.00M | -95.00M | 1.72B | -10.00M |
| NetInvestmentPurchaseAndSale | -16.00M | 20.00M | 11.00M | |
| SaleOfInvestment | 72.00M | 50.00M | 12.00M | |
| PurchaseOfInvestment | -88.00M | -30.00M | -1.00M | |
| NetBusinessPurchaseAndSale | -106.00M | -539.00M | 0.00 | 0.00 |
| PurchaseOfBusiness | -106.00M | -539.00M | 0.00 | 0.00 |
| NetPPEPurchaseAndSale | -13.72B | -8.09B | -4.62B | -2.08B |
| PurchaseOfPPE | -13.72B | -8.09B | -4.62B | -2.08B |
| OperatingCashFlow | 2.15B | 4.55B | 3.70B | -503.00M |
| CashFlowFromContinuingOperatingActivities | 2.15B | 4.55B | 3.70B | -503.00M |
| ChangeInWorkingCapital | 85.00M | -281.00M | 330.00M | 71.00M |
| ChangeInOtherWorkingCapital | 16.00M | -37.00M | -5.00M | 25.00M |
| ChangeInOtherCurrentLiabilities | -29.00M | -9.00M | 2.00M | |
| ChangeInPayablesAndAccruedExpense | 288.00M | -55.00M | 541.00M | 66.00M |
| ChangeInPrepaidAssets | -2.00M | -96.00M | 10.00M | -22.00M |
| ChangeInInventory | -127.00M | -18.00M | -26.00M | 0.00 |
| ChangeInReceivables | -90.00M | -75.00M | -190.00M | 0.00 |
| ChangesInAccountReceivables | -90.00M | -75.00M | -190.00M | 0.00 |
| OtherNonCashItems | 91.00M | 207.00M | 848.00M | 110.00M |
| StockBasedCompensation | 22.00M | 28.00M | 26.00M | 20.00M |
| DeferredTax | 446.00M | 674.00M | 446.00M | 0.00 |
| DeferredIncomeTax | 446.00M | 674.00M | 446.00M | 0.00 |
| DepreciationAmortizationDepletion | 322.00M | 277.00M | 158.00M | 13.00M |
| DepreciationAndAmortization | 322.00M | 277.00M | 158.00M | 13.00M |
| Depreciation | 322.00M | 277.00M | 158.00M | 13.00M |
| OperatingGainsLosses | -563.00M | 29.00M | -1.20B | -281.00M |
| GainLossOnInvestmentSecurities | -563.00M | 29.00M | -1.20B | -281.00M |
| NetIncomeFromContinuingOperations | 1.75B | 3.62B | 3.10B | -436.00M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for VG
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|