Venture Global gains as Q2 core profit beats expectations

** Shares of LNG producer Venture Global VG.N up ~4% at $12.55

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

** VG posts Q2 adjusted EBITDA of $1.39 billion vs estimates of $1.25 billion, according to data compiled by LSEG

** It also beat Q2 revenue expectations with $3.1 billion vs estimate of $2.89 billion

** 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

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