Venture Global Shares Drop as Revenue Misses Estimates, Profit Forecast Rises
Venture Global shares fell about 6.9% after the firm reported revenue of $4.58 billion versus $4.66 billion expected, despite a 48% year-over-year rise. The LNG exporter raised its 2026 adjusted core profit forecast to $8.7 billion to $9.1 billion. Management cited Middle East disruption favoring shorter contracts and said two remaining customers seek damages above $2.4 billion, which it says should be capped under agreements.