Venture Global drops after quarterly revenue, EBITDA miss estimates

Venture Global

11/08/2026 13:05

**  Shares of LNG producer Venture Global VG.N down 5% at $13.55 in premarket trading 
** Co misses Wall Street estimates for second-quarter revenue and adjusted core profit, as weaker LNG prices at Calcasieu Pass outweigh stronger Plaquemines sales volumes
** Revenue rises 48% to $4.58 billion in the second quarter, missing expectations of $4.66 billion — LSEG data
** Reports quarterly adjusted core profit of $2.49 billion, below analysts' estimate of $2.50 billion 
** Co says Calcasieu Pass operating income fell 63% year over year as LNG prices declined following the facility's transition to commercial operations
** Says Q2 operating expenses rose 15.9% to $2.39 billion, while interest expense jumped 58% to $489 million
** As of last close, VG up 109.1% YTD

 (Reporting by Varun Sahay in Bengaluru)
 ((Varun.sahay@thomsonreuters.com))