secwatch.observer — SEC 8-K summary
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Issuer:     Venture Global, Inc. (VG)
CIK:        0002007855
Form:       8-K
Filed at:   2026-01-12T23:59:59+00:00
Accession:  0002007855-26-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Venture Global provides Q4 operational update, cuts FY2025 EBITDA guidance to $6.18B-$6.24B
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- Exported 128 LNG cargos in Q4 2025; total sales 478.3 TBtu at implied fee of $5.15/MMBtu.
- Calcasieu Pass: 38 cargos, 140.1 TBtu, $2.01/MMBtu; Plaquemines: 90 cargos, 338.2 TBtu, $6.02/MMBtu.
- Full-year 2025 Consolidated Adjusted EBITDA guidance reduced and tightened to $6.180B-$6.240B.
- Shipping constraints impacted Q4 volumes and pricing; forward pricing for Feb-Mar 2026 improved from year-end.
- One DES cargo from Plaquemines exported in Q4 will be recognized in following quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2007855/000200785526000002/0002007855-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2007855/000200785526000002/vg-20260112.htm
  HTML page:      https://secwatch.observer/filing/0002007855-26-000002

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