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Venture Global gains as Q2 revenue beats expectations

ReutersAug 12, 2025 10:25 AM

** Shares of LNG producer Venture Global VG.N up ~8% at $13.02 premarket

** Company beats Q2 revenue estimates, as the easing of new export permits for liquefied natural gas in the U.S. helped improve sales

** VG posts Q2 revenue of $3.1 billion vs estimates of $2.89 billion, according to data compiled by LSEG

** Expects to export 227 to 240 cargos of LNG from the Plaquemines project this year, compared with a prior forecast of 222 to 239 cargoes

** Q2 Operating expenses rose to $2.06 billion from $745 million a year earlier

** Stock has lost nearly 50% since its debut on January 24

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