secwatch.observer — SEC 8-K summary
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Issuer:     Venture Global, Inc. (VG)
CIK:        0002007855
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0002007855-25-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Venture Global Q1 revenue $2.9B (+105% YoY); raises FY2025 EBITDA guidance to $6.4-6.8B
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- Revenue $2.9B (+105% YoY), income from operations $1.1B (+75%), net income $396M (down 39% on non-cash swap changes).
- Consolidated Adjusted EBITDA $1.3B (+94% YoY); FY2025 guidance raised to $6.4B–$6.8B from prior range.
- LNG exports record 234 TBtu (+93% vs Q4 2024); Calcasieu Pass commenced commercial operations on April 15, 2025.
- CP2 Project received DOE non-FTA export authorization, $3.0B credit facility from 20 banks, and positive FERC FSEIS.
- Plaquemines Phase 1 trains at ~140% nameplate; 2025 cargo guidance: 145–150 from Calcasieu, 222–239 from Plaquemines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2007855/000200785525000021/0002007855-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2007855/000200785525000021/vg-20250513.htm
  HTML page:      https://secwatch.observer/filing/0002007855-25-000021

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