The strong beat, guidance raise, and dividend increase are clear positives, but VG's historical post-earnings drift has been negative (avg T+20 alpha -1.01% with a 33% win rate). Traders should consider taking profits on the initial pop and watch for the conference call for details on Plaquemines COD timing and LNG pricing outlook.
Price Chart
Executive Summary
Venture Global reported Q2 2026 revenue of $4.58B (+48% YoY) and diluted EPS of $0.51, a 1.5% beat vs the $0.50 consensus. The company raised its full-year 2026 Consolidated Adjusted EBITDA guidance to $8.7B-$9.1B from $8.2B-$8.5B, reflecting higher liquefaction fees and strong operational execution. The beat and guidance raise are positive, but the stock's historical pattern of negative post-earnings drift warrants caution on the magnitude of the move.
Key Financial Metrics
Key Facts
- Q2 2026 revenue of $4.578B, up 48% YoY from $3.101B
- Diluted EPS of $0.51 beat consensus of $0.50 by 1.5%
- Net income attributable to common stockholders of $1.347B, up 266% YoY
- Consolidated Adjusted EBITDA of $2.491B, up 79% YoY
- Raised full-year 2026 Consolidated Adjusted EBITDA guidance to $8.7B-$9.1B from $8.2B-$8.5B
- Contracted 91% of available 2026 cargos at a weighted average liquefaction fee of $5.05/MMBtu
- Declared a quarterly dividend of $0.04 per share, a 122% increase
- Exported 127 cargos in Q2, up 43% YoY
- Plaquemines Phase 1 COD reaffirmed for Q4 2026
Financial Impact
Q2 revenue $4.578B, net income $1.347B, Adj. EBITDA $2.491B; FY2026 Adj. EBITDA guidance raised to $8.7B-$9.1B
Risk Factors
- Plaquemines Phase 1 COD delayed beyond Q4 2026
- LNG price volatility could compress liquefaction fees and impact EBITDA
- Pending customer arbitrations and legal disputes
- High leverage with long-term debt of $41.5B as of June 30, 2026
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0002007855-26-000063 |
| Document: vg-20260811.htm | 0002007855-26-000063 |
| Document: 0002007855-26-000063-index-headers.html | 0002007855-26-000063 |
| Document: 0002007855-26-000063-index.html | 0002007855-26-000063 |
| Document: 0002007855-26-000063.txt | 0002007855-26-000063 |
| 8-K Data (Synthetic) | 0002007855-26-000063 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 17d ago | Insider Cluster | $15.29 $12.91 | ▼ −15.57% | ▼ −17.69% | $12.77 (−16.48%) |
Aug 20, 2026 6w ago | Insider Cluster | $14.29 $14.48 | ▲ +1.33% | ▲ +0.21% | $12.77 (−10.64%) |
Aug 19, 2026 6w ago | Insider Cluster | $14.29 $14.48 | ▲ +1.33% | ▲ +0.21% | $12.77 (−10.64%) |
Aug 18, 2026 6w ago | Insider Cluster | $14.20 $14.07 | ▼ −0.92% | ▼ −0.71% | $12.77 (−10.07%) |
Aug 14, 2026 7w ago | Insider Cluster | $13.99 $14.21 | ▲ +1.57% | ▲ +2.94% | $12.77 (−8.72%) |
Aug 11, 2026 7w ago | 8-K | $13.22 $14.20 | ▲ +7.41% | ▲ +7.82% | $12.77 (−3.40%) |
Jul 21, 2026 10w ago | Insider Cluster | $14.82 $13.05 | ▼ −11.94% | ▼ −9.54% | $12.77 (−13.83%) |
Jun 26, 2026 13w ago | 8-K | $11.15 $10.85 | ▼ −2.69% | ▼ −4.08% | $12.77 (+14.53%) |
Jun 17, 2026 15w ago | 144 | $11.02 $10.83 | ▼ −1.72% | ▼ −0.06% | $12.77 (+15.88%) |
Jun 16, 2026 15w ago | Insider Cluster | $11.05 $10.51 | ▼ −4.89% | ▼ −3.85% | $12.77 (+15.57%) |
US Market Status
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