Venture Global Raises 2026 Profit Forecast on Record LNG Sales
Venture Global boosted 2026 profit outlook to $8.2–$8.5B as LNG demand rises, supply tight, and sales and exports surge.
Venture Global boosted 2026 profit outlook to $8.2–$8.5B as LNG demand rises, supply tight, and sales and exports surge.
Morgan Stanley double-upgrades Venture Global to Overweight after damage to Qatar’s Ras Laffan LNG plant creates a global supply shortfall and upside price risks. It also upgraded Cheniere Energy.
Iran's missile strikes cause extensive damage to Qatar's Ras Laffan LNG hub (20% of world supply). Prices soar, Europe & Asia brace for shortages through 2026.
QatarEnergy stops output at the world's biggest LNG plant following Iranian drone strikes on Ras Laffan facility. European gas prices surge 40%, threatening energy security amid Middle East tensions.
Venture Global forecasts 2026 adjusted EBITDA $5.2–5.8B, missing Wall Street views due to storm impact. New Trafigura deal signed; shares rise 9%.
Venture Global secures complete victory in ICC arbitration with Repsol over LNG contract dispute, with tribunal ruling company acted properly in all aspects.