Venture Global rises on higher core profit forecast

Shares of LNG company Venture Global VG.N rise 7.5% to $12.53 premarket

VG raises full-year adjusted core profit forecast driven by higher expected liquefaction fees

Expects 2026 adjusted core earnings between $8.2 billion and $8.5 billion, compared with a prior view of $5.20 billion to $5.80 billion

Assumes a fixed liquefaction fee range of $9.50 to $10.50 per million British thermal units (MMBtu) vs prior view $5 to $6 per MMBtu

As of last close, stock up 70.3% YTD