Venture Global Reports Third Quarter 2026 Results

Mike Sabel, CEO of Venture Global

“Venture Global had an exceptional third quarter, with record sales and earnings, enabled by our team's best-in-class execution and liquefied natural gas ("LNG") production at the high end of our anticipated range. We are proud to have commenced commercial operations at Plaquemines Phase 1 on October 31st and begun delivering on our long-term contracts at one of the fastest rates for a greenfield LNG project of this scale. Our strong operational performance and outlook on pricing have allowed us to raise the midpoint of our volume and Consolidated Adjusted EBITDA guidance for FY 2026, and we remain confident in our business heading into next year. We are also excited about a potential new, additive line of business for the Company: expanding our existing and proven capabilities building and operating an island-mode power and infrastructure network to be able to offer an off-grid AI utility to support data centers. Venture Global can provide access to island-mode power, land, closed-loop water systems, American natural gas supply, our in-house EPC, and track record of execution as the market dictates to support compute capacity for the country's AI race. By leveraging this natural extension of our Company's core competencies, we can solve for the predominant challenges to the data center build out similar to how we solved the key speed and scale challenges for the LNG market.”