Venture Global Q2 2025 Earnings: Revenue Up 180%, LNG Exports Reach Record High

Venture Global Inc reported Q2 2025 financial results with revenue up 180% to $3.1 billion, income from operations rising 186% to $1.0 billion, and net income growing 21% to $0.4 billion. Consolidated Adjusted EBITDA surged 217% to $1.4 billion, and record LNG exports reached 89 cargos, a 157% increase from Q2 2024. The CP2 Project received a $15.1 billion financing, and credit rating was upgraded to BBB- by S&P Global Ratings.

Venture Global Inc. (NYSE: VG) has reported its second-quarter 2025 financial results, showing significant growth across key financial metrics. The company's revenue surged by 180% to $3.1 billion, while income from operations increased by 186% to $1.0 billion. Net income grew by 21% to $0.4 billion, and consolidated adjusted EBITDA (2) jumped by 217% to $1.4 billion [1].

The company also achieved a new record in LNG exports, with 89 cargos totaling 331 TBtu, marking a 157% increase from the same period in 2024. This growth was driven by higher LNG sales volumes at the Plaquemines Project, which contributed to a significant increase in total margin for LNG sold [1].

In addition to its financial performance, Venture Global has made notable strides in project development. The company announced the final investment decision for Phase 1 of the CP2 Project and the associated CP Express Pipeline, securing $15.1 billion in project financing. The credit rating for the Venture Global Calcasieu Pass, LLC bonds was upgraded to BBB- by S&P Global Ratings [1].

The company also executed several key commercial agreements during the quarter. These include a 20-year sales and purchase agreement with PETRONAS for the sale of 1.0 million tonnes per annum (MTPA) from the CP2 Project, and a similar agreement with Eni S.P.A. for the sale of 2.0 MTPA from the CP2 facility [1].

Looking ahead, Venture Global expects to export 144-149 cargos from the Calcasieu Project and 227-240 cargos from the Plaquemines Project in 2025. The company's consolidated adjusted EBITDA (1) guidance for the full year 2025 remains unchanged at $6.4 billion - $6.8 billion [1].

References:
[1] https://investors.ventureglobal.com/news/news-details/2025/Venture-Global-Reports-Second-Quarter-2025-Results/default.aspx