Venture Global Lifts Profit Forecast on Higher LNG Fees and Sales

U.S.-based liquefied natural gas (LNG) company Venture Global has increased its full-year adjusted core profit forecast for the second straight quarter, citing higher liquefaction fees and stronger sales volumes.

The company now assumes a fixed liquefaction fee in the range of US$12.50 to US$13.50 per million British thermal units (MMBtu) for its remaining unsold LNG cargoes in 2026, up from US$9.50 to US$10.50 per MMBtu previously.

Venture Global expects to export between 149 and 154 cargoes this year from its Calcasieu facility, higher than its previous forecast range of 147 to 154 cargoes. The company also narrowed its Plaquemines outlook to 351-364 cargoes from 349-369.

The Arlington, Virginia-based company expects 2026 adjusted core earnings between US$8.7 billion and US$9.1 billion, compared with its prior range of US$8.2 billion to US$8.5 billion.