earnings
confidence high
sentiment neutral
materiality 0.80
Venture Global Q4 2024 net income $0.9B, full year $1.5B; guides 2025 EBITDA $6.8-7.4B
Venture Global, Inc.
- Q4 2024 revenue $1.5B (down 7% YoY), net income $0.9B vs loss a year ago.
- Full year revenue $5.0B (down 37% YoY), net income $1.5B (down 45% YoY).
- Plaquemines LNG achieved first production Dec 13, first cargo Dec 26, 2024.
- 2025 guidance: Adjusted EBITDA $6.8-7.4B; expects 140-148 Calcasieu cargos, 219-239 Plaquemines cargos.
- CP2 development spending $4.0B to date; launching FID process.