Venture Global rises as second-quarter liquefaction fees jump 69%

Venture Global

08/07/2026 21:49

** Shares of LNG producer Venture Global VG.N rise ~4% to $12.86 in extended trading
** Co says average liquefaction fees jumped 69% in the second quarter from the previous three months, benefiting from higher global LNG prices after the Iran war disrupted supplies through the Strait of Hormuz
** Realizes an implied weighted average fixed liquefaction fee of $6.45 per million British thermal units (MMBtu) in the quarter ended June 30, up from $3.82 per MMBtu in the first quarter
** Says it sold and recognized revenue on 466.4 TBtu of LNG during the second quarter, down slightly from 480.8 TBtu in the previous quarter
** Calcasieu Pass exported 37 cargoes, down from 38 in the previous quarter, while Plaquemines exported 90 cargoes, compared with 92 - VG

    ** As of last close, VG up 81.5% YTD

(Reporting by Dharna Bafna in Bengaluru)
((dharna.bafna@thomsonreuters.com))