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 22.79B
Enterprise Value 59.86B Income 2.06B Sales 10.85B
Book/sh 2.33 Cash/sh 0.80 Dividend Yield 73.00%
Payout 5.73% Employees 1500 IPO —
P/E 10.70 Forward P/E 11.53 PEG —
P/S 2.10 P/B 4.00 P/C —
EV/EBITDA 12.40 EV/Sales 5.52 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 11.86M Volume 4.47M
Target Price $10.89 Recom Buy Prev Close $9.35
Price $9.31 Change -0.43%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.89
Mean price target
2. Current target
$9.31
Latest analyst target
3. DCF / Fair value
$-430.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.31
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
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 Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems154.80M35.51M149.75M54.00K
TaxRateForCalcs0.200.180.120.00
NormalizedEBITDA2.31B5.16B3.10B-425.00M
TotalUnusualItems774.00M193.00M1.20B54.00M
TotalUnusualItemsExcludingGoodwill774.00M193.00M1.20B54.00M
NetIncomeFromContinuingOperationNetMinorityInterest1.69B2.81B1.98B-249.00M
ReconciledDepreciation322.00M277.00M158.00M13.00M
ReconciledCostOfRevenue1.67B1.96B2.25B6.00M
EBITDA3.09B5.35B4.29B-371.00M
EBIT2.77B5.07B4.14B-384.00M
NetInterestIncome-354.00M-592.00M-1.21B-149.00M
InterestExpense584.00M641.00M592.00M52.00M
InterestIncome244.00M172.00M18.00M0.00
NormalizedIncome1.07B2.65B927.75M-302.95M
NetIncomeFromContinuingAndDiscontinuedOperation1.69B2.81B1.98B-249.00M
TotalExpenses3.21B3.07B2.89B341.00M
TotalOperatingIncomeAsReported1.76B4.85B3.56B-337.00M
DilutedAverageShares2.42B2.58B2.58B1.97B
BasicAverageShares2.42B2.35B2.35B1.97B
DilutedEPS0.611.040.72-0.18
BasicEPS0.611.140.79-0.18
DilutedNIAvailtoComStockholders1.48B2.68B1.86B-356.00M
NetIncomeCommonStockholders1.48B2.68B1.86B-356.00M
PreferredStockDividends68.00M
NetIncome1.54B2.68B1.86B-356.00M
MinorityInterests-59.00M-805.00M-1.12B187.00M
NetIncomeIncludingNoncontrollingInterests1.60B3.49B2.98B-543.00M
NetIncomeFromTaxLossCarryforward-144.00M-130.00M-118.00M-107.00M
NetIncomeContinuousOperations1.75B3.62B3.10B-436.00M
TaxProvision437.00M816.00M447.00M0.00
PretaxIncome2.18B4.43B3.54B-436.00M
OtherIncomeExpense774.00M193.00M1.20B54.00M
SpecialIncomeCharges0.0019.00M0.004.00M
OtherSpecialCharges-19.00M-4.00M
GainOnSaleOfSecurity774.00M174.00M1.20B50.00M
NetNonOperatingInterestIncomeExpense-354.00M-592.00M-1.21B-149.00M
TotalOtherFinanceCost14.00M123.00M635.00M97.00M
InterestExpenseNonOperating584.00M641.00M592.00M52.00M
InterestIncomeNonOperating244.00M172.00M18.00M0.00
OperatingIncome1.76B4.83B3.56B-341.00M
OperatingExpense1.54B1.10B642.00M335.00M
OtherOperatingExpenses391.00M140.00M58.00M
DepreciationAmortizationDepletionIncomeStatement277.00M158.00M6.00M
DepreciationAndAmortizationInIncomeStatement277.00M158.00M6.00M
ResearchAndDevelopment635.00M490.00M311.00M188.00M
SellingGeneralAndAdministration312.00M224.00M191.00M89.00M
GeneralAndAdministrativeExpense312.00M224.00M191.00M89.00M
OtherGandA312.00M224.00M191.00M89.00M
GrossProfit3.30B5.94B4.20B-6.00M
CostOfRevenue1.67B1.96B2.25B6.00M
TotalRevenue4.97B7.90B6.45B0.00
OperatingRevenue4.95B7.88B6.43B0.00
Line Item2024-12-312023-12-312022-12-31
OrdinarySharesNumber2.42B2.42B2.42B
ShareIssued2.42B2.42B2.42B
NetDebt25.67B15.96B9.99B
TotalDebt29.81B21.17B10.95B
TangibleBookValue2.90B1.51B-186.00M
InvestedCapital32.17B22.30B10.42B
WorkingCapital1.02B3.64B-334.00M
NetTangibleAssets2.90B1.51B-186.00M
CapitalLeaseObligations536.00M383.00M337.00M
CommonStockEquity2.90B1.51B-186.00M
TotalCapitalization31.98B22.12B10.27B
TotalEquityGrossMinorityInterest6.37B2.08B509.00M
MinorityInterest3.47B575.00M695.00M
StockholdersEquity2.90B1.51B-186.00M
OtherEquityInterest-690.00M
GainsLossesNotAffectingRetainedEarnings-249.00M-260.00M-184.00M
OtherEquityAdjustments-249.00M-260.00M-184.00M
RetainedEarnings2.61B1.23B688.00M
AdditionalPaidInCapital512.00M519.00M0.00
CapitalStock23.00M23.00M0.00
CommonStock23.00M23.00M0.00
TotalLiabilitiesNetMinorityInterest37.12B26.38B14.59B
TotalNonCurrentLiabilitiesNetMinorityInterest33.58B24.06B12.84B
OtherNonCurrentLiabilities794.00M539.00M318.00M
PreferredSecuritiesOutsideStockEquity1.53B1.39B1.25B
NonCurrentDeferredLiabilities1.64B1.15B474.00M
NonCurrentDeferredTaxesLiabilities1.64B1.15B474.00M
LongTermDebtAndCapitalLeaseObligation29.62B20.99B10.79B
LongTermCapitalLeaseObligation536.00M383.00M337.00M
LongTermDebt29.09B20.61B10.46B
CurrentLiabilities3.54B2.31B1.75B
OtherCurrentLiabilities282.00M146.00M168.00M
CurrentDebtAndCapitalLeaseObligation190.00M178.00M150.00M
CurrentDebt190.00M178.00M150.00M
PensionandOtherPostRetirementBenefitPlansCurrent191.00M134.00M117.00M
PayablesAndAccruedExpenses2.88B1.86B1.31B
CurrentAccruedExpenses1.25B1.41B1.06B
InterestPayable361.00M230.00M77.00M
Payables1.63B451.00M252.00M
DividendsPayable95.00M15.00M
AccountsPayable1.54B436.00M252.00M
TotalAssets43.49B28.46B15.10B
TotalNonCurrentAssets38.93B22.50B13.69B
OtherNonCurrentAssets1.46B782.00M1.48B
NonCurrentDeferredAssets384.00M464.00M304.00M
FinancialAssets1.48B899.00M973.00M
InvestmentsAndAdvances327.00M539.00M0.00
LongTermEquityInvestment327.00M539.00M0.00
NetPPE35.28B19.82B10.93B
AccumulatedDepreciation-792.00M-452.00M-164.00M
GrossPPE36.07B20.27B11.10B
Leases214.00M35.00M
ConstructionInProgress15.51B12.62B3.81B
OtherProperties1.08B579.00M428.00M
MachineryFurnitureEquipment19.33B7.05B6.81B
BuildingsAndImprovements97.00M0.00
LandAndImprovements55.00M26.00M10.00M
Properties0.000.00
CurrentAssets4.56B5.96B1.41B
OtherCurrentAssets93.00M143.00M41.00M
HedgingAssetsCurrent154.00M164.00M146.00M
RestrictedCash169.00M520.00M391.00M
Inventory171.00M44.00M26.00M
OtherInventories10.00M
FinishedGoods72.00M5.00M20.00M
RawMaterials89.00M39.00M6.00M
Receivables364.00M265.00M190.00M
AccountsReceivable364.00M265.00M190.00M
CashCashEquivalentsAndShortTermInvestments3.61B4.82B618.00M
CashAndCashEquivalents3.61B4.82B618.00M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-11.57B-3.54B-916.00M-2.58B
RepaymentOfDebt-905.00M-5.92B-5.04B-3.27B
IssuanceOfDebt9.36B16.15B7.67B7.77B
IssuanceOfCapitalStock3.00B0.000.00
CapitalExpenditure-13.72B-8.09B-4.62B-2.08B
InterestPaidSupplementalData338.00M368.00M220.00M
IncomeTaxPaidSupplementalData10.00M127.00M0.00
EndCashPosition4.61B5.87B2.41B1.38B
BeginningCashPosition5.87B2.41B1.38B333.00M
ChangesInCash-1.26B3.46B1.04B1.04B
FinancingCashFlow10.75B7.63B235.00M3.62B
CashFlowFromContinuingFinancingActivities10.75B7.63B235.00M3.62B
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
NetPreferredStockIssuance3.00B0.000.00
PreferredStockIssuance3.00B0.000.00
NetIssuancePaymentsOfDebt8.46B10.23B2.63B4.50B
NetLongTermDebtIssuance8.46B10.23B2.63B4.50B
LongTermDebtPayments-905.00M-5.92B-5.04B-3.27B
LongTermDebtIssuance9.36B16.15B7.67B7.77B
InvestingCashFlow-14.16B-8.72B-2.90B-2.08B
CashFlowFromContinuingInvestingActivities-14.16B-8.72B-2.90B-2.08B
NetOtherInvestingChanges-336.00M-95.00M1.72B-10.00M
NetInvestmentPurchaseAndSale-16.00M20.00M11.00M
SaleOfInvestment72.00M50.00M12.00M
PurchaseOfInvestment-88.00M-30.00M-1.00M
NetBusinessPurchaseAndSale-106.00M-539.00M0.000.00
PurchaseOfBusiness-106.00M-539.00M0.000.00
NetPPEPurchaseAndSale-13.72B-8.09B-4.62B-2.08B
PurchaseOfPPE-13.72B-8.09B-4.62B-2.08B
OperatingCashFlow2.15B4.55B3.70B-503.00M
CashFlowFromContinuingOperatingActivities2.15B4.55B3.70B-503.00M
ChangeInWorkingCapital85.00M-281.00M330.00M71.00M
ChangeInOtherWorkingCapital16.00M-37.00M-5.00M25.00M
ChangeInOtherCurrentLiabilities-29.00M-9.00M2.00M
ChangeInPayablesAndAccruedExpense288.00M-55.00M541.00M66.00M
ChangeInPrepaidAssets-2.00M-96.00M10.00M-22.00M
ChangeInInventory-127.00M-18.00M-26.00M0.00
ChangeInReceivables-90.00M-75.00M-190.00M0.00
ChangesInAccountReceivables-90.00M-75.00M-190.00M0.00
OtherNonCashItems91.00M207.00M848.00M110.00M
StockBasedCompensation22.00M28.00M26.00M20.00M
DeferredTax446.00M674.00M446.00M0.00
DeferredIncomeTax446.00M674.00M446.00M0.00
DepreciationAmortizationDepletion322.00M277.00M158.00M13.00M
DepreciationAndAmortization322.00M277.00M158.00M13.00M
Depreciation322.00M277.00M158.00M13.00M
OperatingGainsLosses-563.00M29.00M-1.20B-281.00M
GainLossOnInvestmentSecurities-563.00M29.00M-1.20B-281.00M
NetIncomeFromContinuingOperations1.75B3.62B3.10B-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