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8-K2026-04-09· qwen-plus

VG · Venture Global, Inc.

0002007855-26-000032

SEC filing

Summary

Venture Global disclosed Q1 2026 LNG export volumes and liquefaction fee metrics, reporting 480.8 TBtu of LNG revenue recognized at an implied weighted average fixed liquefaction fee of $3.82 per MMBtu and 130 total cargos exported across Calcasieu Pass and Plaquemines facilities.

Key takeaways

Full analysis

This 8-K discloses preliminary operational metrics for Venture Global’s first quarter 2026, specifically LNG volume sold and recognized in revenue (480.8 TBtu), the implied weighted average fixed liquefaction fee ($3.82/MMBtu), and cargo count (130 total). These figures reflect performance across two operating facilities: Calcasieu Pass (38 cargos, 141.2 TBtu) and Plaquemines (92 cargos, 339.6 TBtu). Notably, the Company explicitly states that revenue recognition timing differs by contract terms — with two DES cargos (8.3 TBtu) exported from Plaquemines in Q1 deferred to Q2 due to delivery requirements. The filing clarifies these metrics are not financial results per se; net income, cash flow, and other GAAP measures will be reported separately in the upcoming quarterly earnings announcement. No forward-looking guidance on earnings, EBITDA, or revenue is provided in the body of this filing — only a statement that such guidance is not being furnished and cannot be reconciled to GAAP due to uncertainty around non-GAAP adjustments. As such, investors should treat these disclosures as interim operational snapshots rather than financial proxies, pending formal 10-Q filing and earnings release.