Venture Global Q2 revenue $3.1B (+180% YoY); EBITDA $1.4B (+217%); record 89 LNG cargoes

Venture Global, Inc.

2025-Q2 EPS reported $0.29 vs consensus $0.19 ▲ beat (+49.7%)

Revenue $3.1B, income from operations $1.0B, net income $0.4B (all up YoY).
Exported record 89 cargoes (331 TBtu), up 157% from Q2 2024.
CP2 Phase 1 FID with $15.1B financing; signed 20-year SPAs with PETRONAS, SEFE, Eni for total 3.75 MTPA.
Full-year 2025 Consolidated Adjusted EBITDA guidance unchanged at $6.4B-$6.8B.
Plaquemines project has 28 of 36 trains producing; first LNG from CP2 expected in 2027.

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