Venture Global sold 465.8 trillion British thermal units of LNG in the third quarter
Key Facts
Venture Global sold and recorded as revenue 465.8 trillion British thermal units of liquefied natural gas during the quarter ended September 30, 2026, according to the company’s filing with the U.S. Securities and Exchange Commission. The filing specifies the sales volume included in the period’s revenue, but the facts available here do not include total revenue or earnings per share for the quarter. The implied weighted-average fixed liquefaction fee was $6.79 per million British thermal units during the quarter. The company also exported 124 cargoes from its facilities over the same period. These operating figures come as investors await the third-quarter results, which the company said it would release before the market opened on November 10, 2026.
The Plaquemines facility accounted for 328.1 trillion British thermal units of sales recorded during the quarter, according to the filing. Sales at the Calcasieu Pass facility totaled 137.7 trillion British thermal units. Together, the figures represent liquefied natural gas sales recorded from the two facilities during the period, with Plaquemines leading by volume. The figures put Plaquemines at the top of the company’s operating contribution for the quarter. They show how recorded sales were distributed across Venture Global’s assets during the three months ended September.
In addition to the cargoes included in recorded quarterly sales, the company exported five cargoes on a delivered ex-ship basis aboard vessels it owned or chartered. Those cargoes totaled 20.4 trillion British thermal units. Venture Global said the revenue would be recorded in the following quarter, separating the timing of export from the timing of revenue recognition. This means the five cargoes are not included in sales recorded as revenue for the quarter ended September 30, according to the filing. The timing is tied to the delivery arrangement specified for these cargoes, not to the total volumes the company exported during the period.
Venture Global recorded revenue of $4.578 billion in the second quarter of 2026, up 48% from the same period in 2025. Net income attributable to common shareholders was $1.347 billion in the second quarter, compared with $368 million in the second quarter of 2025. In the third quarter of 2025, revenue was about $3.3 billion, up 260% from the third quarter of 2024. These results provide historical context for comparing the company’s performance across periods, but they relate to earlier quarters and are not third-quarter 2026 figures. The recorded sales volume and liquefaction fee in the current filing therefore remain the main operating details available here for the quarter under review.
In its update on second-quarter results, the company raised its 2026 adjusted EBITDA guidance range to $8.7–9.1 billion, from the previous range of $8.2–8.5 billion. It also narrowed its expected exports for the year to 500–518 cargoes, from 494–523 cargoes previously, and raised the midpoint of the range. This guidance was issued in the second quarter, and the current operating disclosure does not provide a new revision. For the CP2 project, the company had expected production of its first cargo to begin in the second half of 2027. It targeted a final investment decision for the project expansion in early 2027, with production starting in late 2028, subject to regulatory approvals.
Before the results announcement, Venture Global shares, traded under the ticker VG, closed at $11.8 on November 9, 2026, according to EL7 data. That was the session before the results release date the company announced in October. The third-quarter results are scheduled to be published before the market opens on November 10, 2026, according to the timing announcement. The operating sales disclosure thus comes ahead of a results announcement date the company had already set for investors. The published figures on volumes, cargoes and fees provide operating details for the quarter, while detailed revenue and earnings-per-share figures are not established in the facts available here.