Venture Global share price today
Venture Global, Inc. · VG · Energy · Oil & Gas Midstream · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Venture Global share price: $11.98 at the close on 4 November 2026, +49.9% in a year.
Venture Global, Inc.'s results are improving, while its P/E is near the low end of its own history over 1 year, higher than only 10% of past readings.
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
The price has been moving sideways for 1 weeks, and the P/E is lower than 90% of its own last 1 year. Over the last four quarters, results have been improving, with profit +266.0% on a year earlier, and 207% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.
What is the Venture Global share price today?
Venture Global, Inc.'s share price was $11.98 at the close on 4 November 2026. It has been moving sideways for 1 week. That is 6.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $18, and at that close it sat 51% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Venture Global, Inc. is in stage 1. The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.
Nov 2026: $11.98, 6.1% below its 200-day average. The price has been moving sideways for 1 week.
- Price $11.98
- 50-day avg $13.75
- 200-day avg $12.76
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Jan 2025 | $20.45 | – | – |
| 7 Feb 2025 | $17.54 | – | – |
| 14 Feb 2025 | $15.96 | – | – |
| 21 Feb 2025 | $15.37 | – | – |
| 28 Feb 2025 | $15.09 | – | – |
| 7 Mar 2025 | $9.23 | – | – |
| 14 Mar 2025 | $10.71 | – | – |
| 21 Mar 2025 | $11.61 | – | – |
| 28 Mar 2025 | $9.95 | – | – |
| 4 Apr 2025 | $7.48 | – | – |
| 11 Apr 2025 | $8.28 | $12.84 | – |
| 17 Apr 2025 | $8.62 | $11.89 | – |
| 25 Apr 2025 | $8.63 | $11.08 | – |
| 2 May 2025 | $8.82 | $10.32 | – |
| 9 May 2025 | $9.35 | $9.76 | – |
| 16 May 2025 | $9.79 | $9.45 | – |
| 23 May 2025 | $11.39 | $9.56 | – |
| 30 May 2025 | $11.57 | $9.63 | – |
| 6 Jun 2025 | $15.22 | $9.89 | – |
| 13 Jun 2025 | $17.64 | $10.55 | – |
| 20 Jun 2025 | $19.01 | $11.37 | – |
| 27 Jun 2025 | $15.69 | $12.18 | – |
| 3 Jul 2025 | $15.56 | $12.71 | – |
| 11 Jul 2025 | $17.88 | $13.48 | – |
| 18 Jul 2025 | $15.90 | $14.26 | – |
| 25 Jul 2025 | $14.56 | $14.78 | – |
| 1 Aug 2025 | $14.92 | $15.30 | – |
| 8 Aug 2025 | $12.35 | $15.56 | – |
| 15 Aug 2025 | $12.49 | $15.55 | – |
| 22 Aug 2025 | $12.86 | $15.23 | – |
| 29 Aug 2025 | $13.00 | $14.78 | – |
| 5 Sep 2025 | $12.84 | $14.44 | – |
| 12 Sep 2025 | $13.60 | $14.23 | – |
| 19 Sep 2025 | $13.25 | $14.01 | – |
| 26 Sep 2025 | $14.83 | $13.79 | – |
| 3 Oct 2025 | $13.95 | $13.70 | – |
| 10 Oct 2025 | $9.45 | $13.42 | – |
| 17 Oct 2025 | $8.88 | $12.87 | – |
| 24 Oct 2025 | $9.49 | $12.54 | – |
| 31 Oct 2025 | $8.57 | $12.19 | – |
| 7 Nov 2025 | $7.99 | $11.69 | – |
| 14 Nov 2025 | $7.98 | $11.20 | $12.58 |
| 21 Nov 2025 | $7.25 | $10.60 | $12.28 |
| 28 Nov 2025 | $7.46 | $10.06 | $12.09 |
| 5 Dec 2025 | $6.82 | $9.32 | $11.86 |
| 12 Dec 2025 | $6.15 | $8.52 | $11.65 |
| 19 Dec 2025 | $6.35 | $7.79 | $11.47 |
| 26 Dec 2025 | $6.95 | $7.61 | $11.42 |
| 2 Jan 2026 | $7.04 | $7.43 | $11.35 |
| 9 Jan 2026 | $7.23 | $7.19 | $11.23 |
| 16 Jan 2026 | $8.80 | $7.15 | $11.17 |
| 23 Jan 2026 | $9.88 | $7.25 | $11.19 |
| 30 Jan 2026 | $9.80 | $7.40 | $11.22 |
| 6 Feb 2026 | $9.90 | $7.60 | $11.24 |
| 13 Feb 2026 | $9.36 | $7.88 | $11.27 |
| 20 Feb 2026 | $9.69 | $8.09 | $11.29 |
| 27 Feb 2026 | $9.69 | $8.41 | $11.29 |
| 6 Mar 2026 | $12.48 | $8.97 | $11.33 |
| 13 Mar 2026 | $13.10 | $9.49 | $11.36 |
| 20 Mar 2026 | $15.81 | $10.21 | $11.41 |
| 27 Mar 2026 | $17.53 | $11.12 | $11.44 |
| 2 Apr 2026 | $14.64 | $11.67 | $11.40 |
| 10 Apr 2026 | $12.97 | $12.17 | $11.33 |
| 17 Apr 2026 | $11.46 | $12.45 | $11.24 |
| 24 Apr 2026 | $11.90 | $12.68 | $11.15 |
| 1 May 2026 | $12.73 | $13.01 | $11.05 |
| 8 May 2026 | $11.45 | $13.31 | $10.97 |
| 15 May 2026 | $14.23 | $13.49 | $10.92 |
| 22 May 2026 | $13.83 | $13.69 | $10.90 |
| 29 May 2026 | $12.04 | $13.62 | $10.90 |
| 5 Jun 2026 | $12.80 | $13.31 | $10.89 |
| 12 Jun 2026 | $13.08 | $12.96 | $10.89 |
| 18 Jun 2026 | $11.02 | $12.64 | $10.86 |
| 26 Jun 2026 | $10.95 | $12.46 | $10.80 |
| 2 Jul 2026 | $11.13 | $12.40 | $10.75 |
| 10 Jul 2026 | $12.24 | $12.36 | $10.70 |
| 17 Jul 2026 | $13.80 | $12.36 | $10.67 |
| 24 Jul 2026 | $14.31 | $12.61 | $10.68 |
| 31 Jul 2026 | $13.38 | $12.52 | $10.72 |
| 7 Aug 2026 | $13.26 | $12.49 | $10.82 |
| 14 Aug 2026 | $13.99 | $12.62 | $10.92 |
| 21 Aug 2026 | $14.21 | $12.74 | $11.05 |
| 28 Aug 2026 | $14.18 | $12.97 | $11.21 |
| 4 Sep 2026 | $14.42 | $13.34 | $11.38 |
| 11 Sep 2026 | $15.80 | $13.69 | $11.54 |
| 18 Sep 2026 | $14.02 | $13.99 | $11.73 |
| 25 Sep 2026 | $12.62 | $14.01 | $11.89 |
| 2 Oct 2026 | $13.13 | $13.85 | $12.05 |
| 9 Oct 2026 | $13.16 | $13.87 | $12.23 |
| 16 Oct 2026 | $12.72 | $13.87 | $12.38 |
| 23 Oct 2026 | $14.00 | $13.81 | $12.53 |
| 30 Oct 2026 | $14.79 | $13.84 | $12.70 |
| 4 Nov 2026 | $11.98 | $13.75 | $12.76 |
Price stage: Sideways from Jun 2026 to Aug 2026; Rising from Sep 2026 to Nov 2026.
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 45 of 80 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 31 Jan 2025 | no S&P 500 reading |
| 7 Feb 2025 | no S&P 500 reading |
| 14 Feb 2025 | no S&P 500 reading |
| 21 Feb 2025 | no S&P 500 reading |
| 28 Feb 2025 | no S&P 500 reading |
| 7 Mar 2025 | no S&P 500 reading |
| 14 Mar 2025 | no S&P 500 reading |
| 21 Mar 2025 | no S&P 500 reading |
| 28 Mar 2025 | no S&P 500 reading |
| 4 Apr 2025 | no S&P 500 reading |
| 11 Apr 2025 | no S&P 500 reading |
| 17 Apr 2025 | no S&P 500 reading |
| 25 Apr 2025 | no S&P 500 reading |
| 2 May 2025 | −51.0% |
| 9 May 2025 | −40.6% |
| 16 May 2025 | −36.1% |
| 23 May 2025 | −22.4% |
| 30 May 2025 | −22.5% |
| 6 Jun 2025 | +60.9% |
| 13 Jun 2025 | +58.6% |
| 20 Jun 2025 | +58.4% |
| 27 Jun 2025 | +47.0% |
| 3 Jul 2025 | +84.3% |
| 11 Jul 2025 | +99.1% |
| 18 Jul 2025 | +65.2% |
| 25 Jul 2025 | +53.0% |
| 1 Aug 2025 | +59.5% |
| 8 Aug 2025 | +19.2% |
| 15 Aug 2025 | +19.3% |
| 22 Aug 2025 | +1.5% |
| 29 Aug 2025 | +2.9% |
| 5 Sep 2025 | −23.7% |
| 12 Sep 2025 | −33.0% |
| 19 Sep 2025 | −42.0% |
| 26 Sep 2025 | −13.1% |
| 3 Oct 2025 | −17.4% |
| 10 Oct 2025 | −51.9% |
| 17 Oct 2025 | −50.0% |
| 24 Oct 2025 | −41.1% |
| 31 Oct 2025 | −52.3% |
| 7 Nov 2025 | −40.6% |
| 14 Nov 2025 | −40.5% |
| 21 Nov 2025 | −45.7% |
| 28 Nov 2025 | −48.6% |
| 5 Dec 2025 | −52.8% |
| 12 Dec 2025 | −58.5% |
| 19 Dec 2025 | −54.6% |
| 26 Dec 2025 | −57.4% |
| 2 Jan 2026 | −51.6% |
| 9 Jan 2026 | −29.8% |
| 16 Jan 2026 | −5.0% |
| 23 Jan 2026 | +2.3% |
| 30 Jan 2026 | +12.9% |
| 6 Feb 2026 | +21.0% |
| 13 Feb 2026 | +15.8% |
| 20 Feb 2026 | +29.0% |
| 27 Feb 2026 | +29.5% |
| 6 Mar 2026 | +84.9% |
| 13 Mar 2026 | +115.9% |
| 20 Mar 2026 | +153.7% |
| 27 Mar 2026 | +160.4% |
| 2 Apr 2026 | +112.0% |
| 10 Apr 2026 | +81.5% |
| 17 Apr 2026 | +27.6% |
| 24 Apr 2026 | +16.9% |
| 1 May 2026 | +25.8% |
| 8 May 2026 | +8.9% |
| 15 May 2026 | +43.6% |
| 22 May 2026 | +34.6% |
| 29 May 2026 | +14.0% |
| 5 Jun 2026 | −7.1% |
| 12 Jun 2026 | −12.2% |
| 18 Jun 2026 | −45.4% |
| 26 Jun 2026 | −52.5% |
| 2 Jul 2026 | −37.5% |
| 10 Jul 2026 | −16.7% |
| 17 Jul 2026 | +15.8% |
| 24 Jul 2026 | +16.8% |
| 31 Jul 2026 | +1.4% |
| 7 Aug 2026 | +11.0% |
| 14 Aug 2026 | −6.7% |
| 21 Aug 2026 | +0.1% |
| 28 Aug 2026 | +16.1% |
| 4 Sep 2026 | +8.2% |
| 11 Sep 2026 | +17.8% |
| 18 Sep 2026 | +25.2% |
| 25 Sep 2026 | +9.4% |
| 2 Oct 2026 | +14.6% |
| 9 Oct 2026 | +4.4% |
| 16 Oct 2026 | −10.5% |
| 23 Oct 2026 | −5.0% |
| 30 Oct 2026 | +9.4% |
| 4 Nov 2026 | −8.8% |
Over the last 1 year the share price moved −41% while the S&P 500 moved +27%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Venture Global pay?
Venture Global, Inc. paid $0.07 per share over the last four reported quarters. The most recent declaration was $0.02 for Jun 2026. At today's price of $11.98 that is a yield of 0.58%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $0.02 (Jun 2026)
- Dividend per share $0.02
| Quarter | Dividend per share |
|---|---|
| Mar 2025 | $0.02 |
| Jun 2025 | $0.02 |
| Sep 2025 | $0.02 |
| Dec 2025 | $0.02 |
| Mar 2026 | $0.02 |
| Jun 2026 | $0.02 |
Which stock lists is Venture Global on?
Venture Global is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is Venture Global profitable?
Venture Global, Inc. earned $1.3 B of net profit in the Jun 2026 quarter, +266.0% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $2.3 B. Over 3 years profit has grown 6.7% a year on average. That is 29.4% of the quarter's revenue.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
The same quarter a year earlier earned $368 M. 2 of the last 12 reported quarters were loss-making.
For the full year, FY25 profit was $2.3 B (+53.2% on the year before).
FY25 profit $2.3 B (+53.2% on the year before), 6.7% a year over 3 years
- Net profit $2.3 B
| Quarter | Net profit |
|---|---|
| FY22 | $1.9 B |
| FY23 | $2.7 B |
| FY24 | $1.5 B |
| FY25 | $2.3 B |
Growth on a year earlier
- Growth on a year earlier 53.2%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | 44.3% |
| FY24 | −45% |
| FY25 | 53.2% |
Jun 2026: $1.3 B (+266.0% on a year earlier), the 3rd quarter in a row of growth
- Net profit (quarterly) $1.3 B
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $617 M |
| Dec 2023 | −$50.0 M |
| Mar 2024 | $648 M |
| Jun 2024 | $303 M |
| Sep 2024 | −$347 M |
| Dec 2024 | $871 M |
| Mar 2025 | $396 M |
| Jun 2025 | $368 M |
| Sep 2025 | $429 M |
| Dec 2025 | $1.1 B |
| Mar 2026 | $488 M |
| Jun 2026 | $1.3 B |
Growth on a year earlier
- Growth on a year earlier 266%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | −156.2% |
| Dec 2024 | – |
| Mar 2025 | −38.9% |
| Jun 2025 | 21.5% |
| Sep 2025 | – |
| Dec 2025 | 22.5% |
| Mar 2026 | 23.2% |
| Jun 2026 | 266% |
Why profit moved: revenue changed +47.6% on a year earlier and the margin moved +14.3 percentage points. Most of the change came from keeping more of each sale.
On average over the last four quarters, profit changed +103.9% and revenue +139.4%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does Venture Global make, and is it growing?
Venture Global, Inc. reported $4.6 B of revenue in the Jun 2026 quarter, +47.6% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 3 years it has grown 28.8% a year on average. The last full year, FY25, came in at $13.8 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $17.0 B.
FY25 revenue was $13.8 B, +176.9% on the year before.
FY25 revenue $13.8 B (+176.9% on the year before), 28.8% a year over 3 years
- Revenue $13.8 B
| Quarter | Revenue |
|---|---|
| FY22 | $6.4 B |
| FY23 | $7.9 B |
| FY24 | $5.0 B |
| FY25 | $13.8 B |
Growth on a year earlier
- Growth on a year earlier 176.9%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | 22.5% |
| FY24 | −37% |
| FY25 | 176.9% |
Jun 2026: $4.6 B (+47.6% on a year earlier), the 6th quarter in a row of growth
- Revenue (quarterly) $4.6 B
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $1.1 B |
| Dec 2023 | $1.6 B |
| Mar 2024 | $1.4 B |
| Jun 2024 | $1.1 B |
| Sep 2024 | $926 M |
| Dec 2024 | $1.5 B |
| Mar 2025 | $2.9 B |
| Jun 2025 | $3.1 B |
| Sep 2025 | $3.3 B |
| Dec 2025 | $4.4 B |
| Mar 2026 | $4.6 B |
| Jun 2026 | $4.6 B |
Growth on a year earlier
- Growth on a year earlier 47.6%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | −12.1% |
| Dec 2024 | −6.6% |
| Mar 2025 | 104.7% |
| Jun 2025 | 179.9% |
| Sep 2025 | 259.5% |
| Dec 2025 | 191.7% |
| Mar 2026 | 58.9% |
| Jun 2026 | 47.6% |
Recent pace: the last four quarters grew +139.4% on average, against 28.8% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +100.7%, against +80.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +158.6%, against +48.1% a year (accelerating).
How much of every $100 of sales does Venture Global keep?
Venture Global, Inc.'s operating margin was 47.8% in the Jun 2026 quarter, 14.3 percentage points higher than the same quarter a year ago. Across 4 years it has been between 35.5% and 61.2%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +14.3 percentage points on the year while gross margin changed +9.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged.
FY25: 37.4%, within a range of 35.5% to 61.2% over 4 years
- Operating margin 37.4%
| Quarter | Operating margin |
|---|---|
| FY22 | 55.1% |
| FY23 | 61.2% |
| FY24 | 35.5% |
| FY25 | 37.4% |
Change on the year before (points)
- Change on the year before (points) +1.9 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY22 | – |
| FY23 | +6.1 pts |
| FY24 | −25.7 pts |
| FY25 | +1.9 pts |
Jun 2026: operating margin 47.8% (+14.3 points on a year earlier)
- Operating margin 47.8%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 29.3% |
| Dec 2023 | 45.2% |
| Mar 2024 | 43.6% |
| Jun 2024 | 32.8% |
| Sep 2024 | 20.4% |
| Dec 2024 | 39% |
| Mar 2025 | 37.3% |
| Jun 2025 | 33.5% |
| Sep 2025 | 39.7% |
| Dec 2025 | 38.7% |
| Mar 2026 | 25% |
| Jun 2026 | 47.8% |
Change on a year earlier (points)
- Change on a year earlier (points) +14.3 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | −8.9 pts |
| Dec 2024 | −6.2 pts |
| Mar 2025 | −6.3 pts |
| Jun 2025 | +0.7 pts |
| Sep 2025 | +19.3 pts |
| Dec 2025 | −0.3 pts |
| Mar 2026 | −12.3 pts |
| Jun 2026 | +14.3 pts |
Is Venture Global's profit turning into cash?
Over the last 3 years, 207% of Venture Global, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $6.6 B of operating cash against $2.3 B of profit.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
After $13.4 B of spending on assets, free cash was −$6.8 B: it spent more than its operations brought in.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $6.6 B against profit $2.3 B; 207% of 3 years' profit came in as cash
- Operating cash $6.6 B
- Net profit $2.3 B
- Free cash −$6.8 B
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY22 | $3.7 B | $1.9 B | −$916 M |
| FY23 | $4.5 B | $2.7 B | −$3.5 B |
| FY24 | $2.1 B | $1.5 B | – |
| FY25 | $6.6 B | $2.3 B | −$6.8 B |
Jun 2026: operating cash $2.1 B = 154% of the quarter's profit
- Operating cash (quarterly) $2.1 B
| Quarter | Operating cash (quarterly) |
|---|---|
| Dec 2023 | $593 M |
| Mar 2024 | $638 M |
| Jun 2024 | $558 M |
| Sep 2024 | $280 M |
| Dec 2024 | $673 M |
| Mar 2025 | $1.1 B |
| Jun 2025 | $1.5 B |
| Sep 2025 | $1.9 B |
| Dec 2025 | $2.1 B |
| Mar 2026 | $763 M |
| Jun 2026 | $2.1 B |
Operating cash as % of profit
- Operating cash as % of profit 154%
| Quarter | Operating cash as % of profit |
|---|---|
| Dec 2023 | – |
| Mar 2024 | 98% |
| Jun 2024 | 184% |
| Sep 2024 | – |
| Dec 2024 | 77% |
| Mar 2025 | 281% |
| Jun 2025 | 396% |
| Sep 2025 | 439% |
| Dec 2025 | 198% |
| Mar 2026 | 156% |
| Jun 2026 | 154% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Venture Global's cash go?
Venture Global, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $35.2 B on assets over the last 3 years. Averaged over those years that is 85.2% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $35.2 B over the last 3 years.
FY25: capex $13.4 B, steady spending
- Capex $13.4 B
| Quarter | Capex |
|---|---|
| FY22 | $4.6 B |
| FY23 | $8.1 B |
| FY24 | $13.7 B |
| FY25 | $13.4 B |
Jun 2026: capex $3.7 B in the quarter
- Capex (quarterly) $3.7 B
| Quarter | Capex (quarterly) |
|---|---|
| Dec 2023 | $3.6 B |
| Mar 2024 | $3.0 B |
| Jun 2024 | $3.3 B |
| Sep 2024 | $3.8 B |
| Dec 2024 | $3.7 B |
| Mar 2025 | $3.5 B |
| Jun 2025 | $3.0 B |
| Sep 2025 | $3.3 B |
| Dec 2025 | $3.6 B |
| Mar 2026 | $3.2 B |
| Jun 2026 | $3.7 B |
Free cash
- Free cash −$1.6 B
| Quarter | Free cash |
|---|---|
| Dec 2023 | −$3.0 B |
| Mar 2024 | −$2.4 B |
| Jun 2024 | −$2.7 B |
| Sep 2024 | −$3.5 B |
| Dec 2024 | −$3.0 B |
| Mar 2025 | −$2.4 B |
| Jun 2025 | −$1.5 B |
| Sep 2025 | −$1.4 B |
| Dec 2025 | −$1.5 B |
| Mar 2026 | −$2.4 B |
| Jun 2026 | −$1.6 B |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Venture Global's P/E ratio, and how does it compare with its own history?
Venture Global, Inc.'s P/E is 9.4×, near the low end of its own history: it has been lower only 10% of the time. Its usual P/E (the middle reading) is 14.1×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 9.4× against a usual 14.1×: near the low end of its own history: it has been lower only 10% of the time
- P/E 9.43×
- Median 14.1×
| Week | P/E | Median |
|---|---|---|
| 31 Jan 2025 | 36.7× | 14.1× |
| 7 Feb 2025 | 31.5× | 14.1× |
| 14 Feb 2025 | 28.6× | 14.1× |
| 21 Feb 2025 | 27.6× | 14.1× |
| 28 Feb 2025 | 27.1× | 14.1× |
| 7 Mar 2025 | 16.6× | 14.1× |
| 14 Mar 2025 | 19.2× | 14.1× |
| 21 Mar 2025 | 20.8× | 14.1× |
| 28 Mar 2025 | 17.9× | 14.1× |
| 4 Apr 2025 | 16.4× | 14.1× |
| 11 Apr 2025 | 18.1× | 14.1× |
| 17 Apr 2025 | 18.9× | 14.1× |
| 25 Apr 2025 | 18.9× | 14.1× |
| 2 May 2025 | 19.3× | 14.1× |
| 9 May 2025 | 20.5× | 14.1× |
| 16 May 2025 | 21.4× | 14.1× |
| 23 May 2025 | 24.9× | 14.1× |
| 30 May 2025 | 25.3× | 14.1× |
| 6 Jun 2025 | 33.3× | 14.1× |
| 13 Jun 2025 | 38.6× | 14.1× |
| 20 Jun 2025 | 38.6× | 14.1× |
| 27 Jun 2025 | 34.3× | 14.1× |
| 3 Jul 2025 | 32.6× | 14.1× |
| 11 Jul 2025 | 37.5× | 14.1× |
| 18 Jul 2025 | 33.3× | 14.1× |
| 25 Jul 2025 | 30.5× | 14.1× |
| 1 Aug 2025 | 31.3× | 14.1× |
| 8 Aug 2025 | 25.9× | 14.1× |
| 15 Aug 2025 | 26.2× | 14.1× |
| 22 Aug 2025 | 27.0× | 14.1× |
| 29 Aug 2025 | 27.3× | 14.1× |
| 5 Sep 2025 | 26.9× | 14.1× |
| 12 Sep 2025 | 28.5× | 14.1× |
| 19 Sep 2025 | 27.8× | 14.1× |
| 26 Sep 2025 | 31.1× | 14.1× |
| 3 Oct 2025 | 17.7× | 14.1× |
| 10 Oct 2025 | 12.0× | 14.1× |
| 17 Oct 2025 | 11.3× | 14.1× |
| 24 Oct 2025 | 12.1× | 14.1× |
| 31 Oct 2025 | 10.9× | 14.1× |
| 7 Nov 2025 | 10.2× | 14.1× |
| 14 Nov 2025 | 10.1× | 14.1× |
| 21 Nov 2025 | 9.21× | 14.1× |
| 28 Nov 2025 | 9.48× | 14.1× |
| 5 Dec 2025 | 8.67× | 14.1× |
| 12 Dec 2025 | 7.81× | 14.1× |
| 19 Dec 2025 | 8.07× | 14.1× |
| 26 Dec 2025 | 8.83× | 14.1× |
| 2 Jan 2026 | 8.18× | 14.1× |
| 9 Jan 2026 | 8.40× | 14.1× |
| 16 Jan 2026 | 10.2× | 14.1× |
| 23 Jan 2026 | 11.5× | 14.1× |
| 30 Jan 2026 | 11.4× | 14.1× |
| 6 Feb 2026 | 11.5× | 14.1× |
| 13 Feb 2026 | 10.9× | 14.1× |
| 20 Feb 2026 | 11.3× | 14.1× |
| 27 Feb 2026 | 11.3× | 14.1× |
| 6 Mar 2026 | 14.5× | 14.1× |
| 13 Mar 2026 | 15.2× | 14.1× |
| 20 Mar 2026 | 18.4× | 14.1× |
| 27 Mar 2026 | 20.4× | 14.1× |
| 2 Apr 2026 | 16.3× | 14.1× |
| 10 Apr 2026 | 14.4× | 14.1× |
| 17 Apr 2026 | 12.7× | 14.1× |
| 24 Apr 2026 | 13.2× | 14.1× |
| 1 May 2026 | 14.1× | 14.1× |
| 8 May 2026 | 12.7× | 14.1× |
| 15 May 2026 | 15.8× | 14.1× |
| 22 May 2026 | 15.3× | 14.1× |
| 29 May 2026 | 13.4× | 14.1× |
| 5 Jun 2026 | 14.2× | 14.1× |
| 12 Jun 2026 | 14.5× | 14.1× |
| 18 Jun 2026 | 12.2× | 14.1× |
| 26 Jun 2026 | 12.2× | 14.1× |
| 2 Jul 2026 | 8.76× | 14.1× |
| 10 Jul 2026 | 9.63× | 14.1× |
| 17 Jul 2026 | 10.9× | 14.1× |
| 24 Jul 2026 | 11.3× | 14.1× |
| 31 Jul 2026 | 10.5× | 14.1× |
| 7 Aug 2026 | 10.4× | 14.1× |
| 14 Aug 2026 | 11.0× | 14.1× |
| 21 Aug 2026 | 11.2× | 14.1× |
| 28 Aug 2026 | 11.2× | 14.1× |
| 4 Sep 2026 | 11.3× | 14.1× |
| 11 Sep 2026 | 12.4× | 14.1× |
| 18 Sep 2026 | 11.0× | 14.1× |
| 25 Sep 2026 | 9.93× | 14.1× |
| 2 Oct 2026 | 10.3× | 14.1× |
| 9 Oct 2026 | 10.3× | 14.1× |
| 16 Oct 2026 | 10.0× | 14.1× |
| 23 Oct 2026 | 11.0× | 14.1× |
| 30 Oct 2026 | 11.6× | 14.1× |
| 4 Nov 2026 | 9.43× | 14.1× |
Earnings per share, 12 months
- Earnings per share, 12 months $1.27
| Week | Earnings per share, 12 months |
|---|---|
| 31 Jan 2025 | – |
| 7 Feb 2025 | – |
| 14 Feb 2025 | – |
| 21 Feb 2025 | – |
| 28 Feb 2025 | – |
| 7 Mar 2025 | – |
| 14 Mar 2025 | – |
| 21 Mar 2025 | – |
| 28 Mar 2025 | $0.56 |
| 4 Apr 2025 | $0.56 |
| 11 Apr 2025 | $0.56 |
| 17 Apr 2025 | $0.56 |
| 25 Apr 2025 | $0.56 |
| 2 May 2025 | $0.56 |
| 9 May 2025 | $0.56 |
| 16 May 2025 | $0.56 |
| 23 May 2025 | $0.56 |
| 30 May 2025 | $0.56 |
| 6 Jun 2025 | $0.56 |
| 13 Jun 2025 | $0.56 |
| 20 Jun 2025 | $0.56 |
| 27 Jun 2025 | $0.46 |
| 3 Jul 2025 | $0.46 |
| 11 Jul 2025 | $0.46 |
| 18 Jul 2025 | $0.46 |
| 25 Jul 2025 | $0.46 |
| 1 Aug 2025 | $0.46 |
| 8 Aug 2025 | $0.46 |
| 15 Aug 2025 | $0.46 |
| 22 Aug 2025 | $0.46 |
| 29 Aug 2025 | $0.46 |
| 5 Sep 2025 | $0.46 |
| 12 Sep 2025 | $0.46 |
| 19 Sep 2025 | $0.46 |
| 26 Sep 2025 | $0.48 |
| 3 Oct 2025 | $0.48 |
| 10 Oct 2025 | $0.48 |
| 17 Oct 2025 | $0.48 |
| 24 Oct 2025 | $0.48 |
| 31 Oct 2025 | $0.48 |
| 7 Nov 2025 | $0.48 |
| 14 Nov 2025 | $0.48 |
| 21 Nov 2025 | $0.48 |
| 28 Nov 2025 | $0.48 |
| 5 Dec 2025 | $0.48 |
| 12 Dec 2025 | $0.48 |
| 19 Dec 2025 | $0.48 |
| 26 Dec 2025 | $0.79 |
| 2 Jan 2026 | $0.79 |
| 9 Jan 2026 | $0.79 |
| 16 Jan 2026 | $0.79 |
| 23 Jan 2026 | $0.79 |
| 30 Jan 2026 | $0.79 |
| 6 Feb 2026 | $0.79 |
| 13 Feb 2026 | $0.79 |
| 20 Feb 2026 | $0.79 |
| 27 Feb 2026 | $0.79 |
| 6 Mar 2026 | $0.79 |
| 13 Mar 2026 | $0.79 |
| 20 Mar 2026 | $0.79 |
| 27 Mar 2026 | $0.86 |
| 2 Apr 2026 | $0.86 |
| 10 Apr 2026 | $0.86 |
| 17 Apr 2026 | $0.86 |
| 24 Apr 2026 | $0.86 |
| 1 May 2026 | $0.86 |
| 8 May 2026 | $0.86 |
| 15 May 2026 | $0.86 |
| 22 May 2026 | $0.86 |
| 29 May 2026 | $0.86 |
| 5 Jun 2026 | $0.86 |
| 12 Jun 2026 | $0.86 |
| 18 Jun 2026 | $0.86 |
| 26 Jun 2026 | $0.90 |
| 2 Jul 2026 | $0.90 |
| 10 Jul 2026 | $0.90 |
| 17 Jul 2026 | $0.90 |
| 24 Jul 2026 | $0.90 |
| 31 Jul 2026 | $0.90 |
| 7 Aug 2026 | $0.90 |
| 14 Aug 2026 | $0.90 |
| 21 Aug 2026 | $0.90 |
| 28 Aug 2026 | $0.90 |
| 4 Sep 2026 | $0.90 |
| 11 Sep 2026 | $0.90 |
| 18 Sep 2026 | $0.90 |
| 25 Sep 2026 | $1.27 |
| 2 Oct 2026 | $1.27 |
| 9 Oct 2026 | $1.27 |
| 16 Oct 2026 | $1.27 |
| 23 Oct 2026 | $1.27 |
| 30 Oct 2026 | $1.27 |
| 4 Nov 2026 | $1.27 |
PEG 0.76 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
- PEG 0.76×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Mar 2025 | 0.31× | 1.00× |
| Jun 2025 | 0.31× | 1.00× |
| Sep 2025 | 0.31× | 1.00× |
| Dec 2025 | 0.31× | 1.00× |
| Mar 2026 | 0.31× | 1.00× |
| Jun 2026 | 0.76× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved +50.9% while the price moved +49.9%. Earnings did better than the price, which pulled the multiple down within its own range.
In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.
Is the Venture Global business getting better or worse?
Venture Global, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 2 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +176.9% in FY25, profit +53.2%
- Revenue growth 176.9%
| Quarter | Revenue growth |
|---|---|
| FY22 | – |
| FY23 | 22.5% |
| FY24 | −37% |
| FY25 | 176.9% |
Profit growth, EPS growth
- Profit growth 53.2%
- EPS growth 50.9%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY22 | – | – |
| FY23 | 44.3% | 33% |
| FY24 | −45% | −54.4% |
| FY25 | 53.2% | 50.9% |
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
- Revenue 47.6%
| Quarter | Revenue |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | −12.1% |
| Dec 2024 | −6.6% |
| Mar 2025 | 104.7% |
| Jun 2025 | 179.9% |
| Sep 2025 | 259.5% |
| Dec 2025 | 191.7% |
| Mar 2026 | 58.9% |
| Jun 2026 | 47.6% |
Profit, EPS
- Profit 266%
- EPS 166.2%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | – | – |
| Dec 2023 | – | – |
| Mar 2024 | – | – |
| Jun 2024 | – | – |
| Sep 2024 | −156.2% | – |
| Dec 2024 | – | – |
| Mar 2025 | −38.9% | – |
| Jun 2025 | 21.5% | −100% |
| Sep 2025 | – | 268.4% |
| Dec 2025 | 22.5% | 54.5% |
| Mar 2026 | 23.2% | 97% |
| Jun 2026 | 266% | 166.2% |
ROCE: the return line, worked out each quarter
- ROCE 12.6%
| Quarter | ROCE |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | 7.7% |
| Sep 2024 | 7.7% |
| Dec 2024 | 5.3% |
| Mar 2025 | 6.5% |
| Jun 2025 | 8.3% |
| Sep 2025 | 9.8% |
| Dec 2025 | 11.6% |
| Mar 2026 | 11% |
| Jun 2026 | 12.6% |
Why it matters: with too little history, we say so rather than guess a direction.
One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +176.9% | +28.8% | — | — |
| Profit | +53.2% | +6.7% | — | — |
| EPS | +50.9% | −2.9% | — | — |
| Stock price | +49.9% | — | — | — |
How much does Venture Global earn on its capital?
Venture Global, Inc. earned a ROE of 19% in FY25. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 16.4% net margin and 0.26× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a 16.4% net margin × 0.26× asset turnover × 4.46× leverage (assets divided by equity) ≈ 19.0% on equity. The margin does most of the work; borrowing is a big part of it.
FY25: ROE 19%, the full history
- ROE 18.8%
- ROIC (annual) 10.6%
| Quarter | ROE | ROIC (annual) |
|---|---|---|
| FY22 | 105.3% | 25.5% |
| FY23 | 77.3% | 24.7% |
| FY24 | 18.7% | 5.2% |
| FY25 | 18.8% | 10.6% |
Jun 2026: ROIC 10.3% (last 12 months)
- ROIC (12 months) 10.3%
- ROE (12 months) 20.5%
| Quarter | ROIC (12 months) | ROE (12 months) |
|---|---|---|
| Sep 2022 | – | 0% |
| Dec 2022 | – | 0% |
| Jun 2024 | – | 80.5% |
| Mar 2025 | 4% | 53.5% |
| Jun 2025 | 6.4% | 23.2% |
| Sep 2025 | 8.6% | 18.7% |
| Dec 2025 | 8.9% | 20.7% |
| Mar 2026 | 10.6% | 41.8% |
| Jun 2026 | 10.3% | 20.5% |
Does Venture Global have too much debt?
Venture Global, Inc. has total debt of $42.8 B against shareholder equity of $12.1 B as of Jun 2026, so its debt is 3.55× its equity. Year by year, that ratio went from 6.26 in FY22 to 2.94 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $35.2 B, 2.94× equity
- Total debt $35.2 B
| Quarter | Total debt |
|---|---|
| FY22 | $11.0 B |
| FY23 | $21.3 B |
| FY24 | $30.2 B |
| FY25 | $35.2 B |
Debt-to-equity
- Debt-to-equity 2.94×
| Quarter | Debt-to-equity |
|---|---|
| FY22 | 6.26× |
| FY23 | 6.13× |
| FY24 | 3.82× |
| FY25 | 2.94× |
Jun 2026: debt $42.8 B, debt-to-equity 3.55
- Total debt (quarterly) $42.8 B
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2022 | $10.9 B |
| Dec 2022 | $10.9 B |
| Dec 2023 | $21.3 B |
| Mar 2024 | $21.3 B |
| Sep 2024 | $27.7 B |
| Dec 2024 | $30.2 B |
| Mar 2025 | $30.2 B |
| Jun 2025 | $30.9 B |
| Sep 2025 | $33.9 B |
| Dec 2025 | $35.2 B |
| Mar 2026 | $37.6 B |
| Jun 2026 | $42.8 B |
Debt-to-equity
- Debt-to-equity 3.55×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2022 | 6.20× |
| Dec 2022 | 6.20× |
| Dec 2023 | 6.13× |
| Mar 2024 | 6.13× |
| Sep 2024 | 4.01× |
| Dec 2024 | 3.82× |
| Mar 2025 | 3.04× |
| Jun 2025 | 2.97× |
| Sep 2025 | 3.13× |
| Dec 2025 | 2.94× |
| Mar 2026 | 3.05× |
| Jun 2026 | 3.55× |
What is the Venture Global shareholding pattern?
8.7% of Venture Global, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Venture Global from balance-sheet trouble?
For Venture Global, Inc., the Z-score is 1.12. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 1.12 is inside the danger zone, so the balance sheet is a real risk.
How does Venture Global rank in its industry?
61.1 out of 100, rank 8 of 30 in Oil & Gas Midstream, with 81% of the evidence available.
Venture Global, Inc. scores 61.1 out of 100 against the 30 companies it is compared with in Oil & Gas Midstream, ranking 8. Earnings are strong; relative strength in its sector is -3.3% and the one-year return is 49.9%.
The four parts add up to the total exactly: 27 + 11.9 + 15.5 + 6.7 = 61.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Venture Global compared with?
Venture Global ranks 8 of 30 Oil & Gas Midstream companies on the 4-Factor Sector Score, with 61.1 out of 100.
- 1Frontline plcFRO · leader · Sector-leading setup · 81% evidence86.3out of 100
How the score adds up
Growth & earnings 30.0/35 · Revenue 48.9% · Profit 100% · Operating margin change 38.3 points · 83% evidenceCapital efficiency 21.2/25 · ROCE 25.5% · Operating margin 65.8% · 76% evidenceValuation 15.5/20 · P/E 5.2× · PEG 0.19 · 65% evidenceRelative strength 19.6/20 · Lead over its industry 25.2% · Lead over S&P 500 25.2% · 1 year 104.9% · 100% evidence · 12 of 12 weeks aheadExact sum: 30 + 21.2 + 15.5 + 19.6 = 86.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2TORM plcTRMD · breaking out · Sector-leading setup · 81% evidence80.2out of 100
How the score adds up
Growth & earnings 27.4/35 · Revenue 33.3% · Profit 89.4% · Operating margin change 31.6 points · 83% evidenceCapital efficiency 18.0/25 · ROCE 19.9% · Operating margin 53.6% · 76% evidenceValuation 15.1/20 · P/E 4.2× · PEG 0.38 · 65% evidenceRelative strength 19.7/20 · Lead over its industry 21.3% · Lead over S&P 500 21.8% · 1 year 65.2% · 100% evidence · 11 of 12 weeks aheadExact sum: 27.4 + 18 + 15.1 + 19.7 = 80.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 3International Seaways, Inc.INSW · leader · Most evidence points up · 81% evidence78.1out of 100
How the score adds up
Growth & earnings 28.9/35 · Revenue 57.8% · Profit 100% · Operating margin change 34.3 points · 83% evidenceCapital efficiency 19.1/25 · ROCE 24.2% · Operating margin 64.2% · 76% evidenceValuation 16.3/20 · P/E 4.9× · PEG 0.09 · 65% evidenceRelative strength 13.8/20 · Lead over its industry 17.7% · Lead over S&P 500 17.7% · 1 year 86.4% · 100% evidence · 12 of 12 weeks aheadExact sum: 28.9 + 19.1 + 16.3 + 13.8 = 78.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 4Scorpio Tankers Inc.STNG · breaking out · Most evidence points up · 81% evidence75.9out of 100
How the score adds up
Growth & earnings 27.1/35 · Revenue 32.8% · Profit 100% · Operating margin change 25.4 points · 83% evidenceCapital efficiency 14.9/25 · ROCE 13.2% · Operating margin 59.7% · 76% evidenceValuation 16.4/20 · P/E 3.9× · PEG 0.11 · 65% evidenceRelative strength 17.5/20 · Lead over its industry 8.4% · Lead over S&P 500 9% · 1 year 33% · 100% evidence · 6 of 12 weeks aheadExact sum: 27.1 + 14.9 + 16.4 + 17.5 = 75.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5BW LPG LimitedBWLP · losing its lead · Most evidence points up · 81% evidence71.2out of 100
How the score adds up
Growth & earnings 23.8/35 · Revenue -0.8% · Profit 100% · Operating margin change 8 points · 83% evidenceCapital efficiency 17.3/25 · ROCE 20% · Operating margin 13.8% · 76% evidenceValuation 15.3/20 · P/E 5.9× · PEG 0.28 · 65% evidenceRelative strength 14.8/20 · Lead over its industry 12.3% · Lead over S&P 500 12.6% · 1 year 68% · 100% evidence · 11 of 12 weeks aheadExact sum: 23.8 + 17.3 + 15.3 + 14.8 = 71.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 6Cmb.Tech NVCMBT · leader · Evidence leans up · 71% evidence62.9out of 100
How the score adds up
Growth & earnings 27.9/35 · Revenue 100% · Profit 100% · Operating margin change 27.7 points · 83% evidenceCapital efficiency 10.4/25 · ROCE 9.1% · Operating margin 43.2% · 76% evidenceValuation 11.2/20 · P/E 4.9× · PEG — · 15% evidenceRelative strength 13.4/20 · Lead over its industry 10.8% · Lead over S&P 500 11.3% · 1 year 79.8% · 100% evidence · 11 of 12 weeks aheadExact sum: 27.9 + 10.4 + 11.2 + 13.4 = 62.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 7Targa Resources Corp.TRGP · breaking out · Evidence leans up · 81% evidence61.2out of 100
How the score adds up
Growth & earnings 16.7/35 · Revenue -2% · Profit 47.9% · Operating margin change 3.5 points · 83% evidenceCapital efficiency 15.3/25 · ROCE 15.3% · Operating margin 27.8% · 76% evidenceValuation 12.8/20 · P/E 25.5× · PEG 0.51 · 65% evidenceRelative strength 16.4/20 · Lead over its industry 8.7% · Lead over S&P 500 9.2% · 1 year 65.5% · 100% evidence · 7 of 12 weeks aheadExact sum: 16.7 + 15.3 + 12.8 + 16.4 = 61.2 · What this means: Relative strength against the index is 9.2%, and revenue and profit growth are weak. - 8Venture Global, Inc. this pageVG · quiet · Evidence leans up · 81% evidence61.1out of 100
How the score adds up
Growth & earnings 27.0/35 · Revenue 100% · Profit 100% · Operating margin change 14.3 points · 83% evidenceCapital efficiency 11.9/25 · ROCE 11.1% · Operating margin 47.8% · 76% evidenceValuation 15.5/20 · P/E 8.3× · PEG 0.14 · 65% evidenceRelative strength 6.7/20 · Lead over its industry -3.3% · Lead over S&P 500 -3.7% · 1 year 49.9% · 100% evidence · 7 of 12 weeks aheadExact sum: 27 + 11.9 + 15.5 + 6.7 = 61.1 · What this means: Earnings are strong; relative strength in its sector is -3.3% and the one-year return is 49.9%. - 9Plains All American Pipeline, L.P.PAA · breaking out · Evidence leans up · 81% evidence59.3out of 100
How the score adds up
Growth & earnings 20.6/35 · Revenue 12.2% · Profit 100% · Operating margin change 0.1 points · 83% evidenceCapital efficiency 7.7/25 · ROCE 6.9% · Operating margin 2.8% · 76% evidenceValuation 14.0/20 · P/E 6.2× · PEG 0.62 · 65% evidenceRelative strength 17.0/20 · Lead over its industry 7.1% · Lead over S&P 500 8% · 1 year 51.6% · 100% evidence · 8 of 12 weeks aheadExact sum: 20.6 + 7.7 + 14 + 17 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 10Plains GP Holdings, L.P.PAGP · leader · Evidence leans up · 81% evidence58.4out of 100
How the score adds up
Growth & earnings 22.1/35 · Revenue 12.2% · Profit 100% · Operating margin change 0.2 points · 83% evidenceCapital efficiency 7.3/25 · ROCE 6.6% · Operating margin 2.8% · 76% evidenceValuation 12.5/20 · P/E 8.7× · PEG 0.92 · 65% evidenceRelative strength 16.5/20 · Lead over its industry 6.3% · Lead over S&P 500 7.1% · 1 year 53.7% · 100% evidence · 8 of 12 weeks aheadExact sum: 22.1 + 7.3 + 12.5 + 16.5 = 58.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11Cheniere Energy, Inc.LNG · leader · Evidence leans up · 81% evidence57.7out of 100
- 12Cheniere Energy Partners, L.P.CQP · quiet · Evidence leans up · 81% evidence57.0out of 100
- 13Kinetik Holdings Inc.KNTK · losing its lead · Evidence leans up · 81% evidence51.1out of 100
- 14Excelerate Energy, Inc.EE · quiet · Evidence leans up · 75% evidence50.2out of 100
- 15Viper Energy, Inc.VNOM · turning · Evidence leans down · 81% evidence49.8out of 100
- 16Kinder Morgan, Inc.KMI · turning · Evidence leans down · 85% evidence49.0out of 100
- 17South Bow CorporationSOBO · quiet · Evidence leans down · 81% evidence48.8out of 100
- 18ONEOK, Inc.OKE · turning · Evidence leans down · 81% evidence48.2out of 100
- 19Hess Midstream LPHESM · basing · Evidence leans down · 81% evidence47.7out of 100
- 20Pembina Pipeline CorporationPBA · turning · Evidence leans down · 81% evidence47.0out of 100
- 21The Williams Companies, Inc.WMB · quiet · Evidence leans down · 81% evidence45.4out of 100
- 22Energy Transfer LPET · quiet · Evidence leans down · 81% evidence44.8out of 100
- 23Golar LNG LimitedGLNG · quiet · Evidence leans down · 81% evidence43.0out of 100
- 24Western Midstream Partners, LPWES · quiet · Evidence leans down · 81% evidence42.8out of 100
- 25MPLX LPMPLX · quiet · Evidence leans down · 81% evidence41.0out of 100
- 26Enterprise Products Partners L.P.EPD · quiet · Evidence leans down · 81% evidence40.6out of 100
- 27TC Energy CorporationTRP · quiet · Evidence leans down · 81% evidence40.0out of 100
- 28Antero Midstream CorporationAM · quiet · Evidence leans down · 81% evidence38.6out of 100
- 29DT Midstream, Inc.DTM · basing · Evidence leans down · 81% evidence38.4out of 100
- 30Enbridge Inc.ENB · basing · Most evidence points down · 81% evidence26.0out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Oil & Gas Midstream, all 30 compared on one page.
Which companies are close to Venture Global in size?
Venture Global is the 11th largest of 47 Oil & Gas Midstream companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Cheniere Energy, Inc., MPLX LP and ONEOK, Inc. Just below it: Pembina Pipeline Corporation, Cheniere Energy Partners, L.P. and Plains All American Pipeline, L.P.
Oil & Gas Midstream companies close in size
- Cheniere Energy, Inc. $59.6 billion
- MPLX LP $57 billion
- ONEOK, Inc. $55.8 billion
- Venture Global, Inc. $30 billion
- Pembina Pipeline Corporation $28.3 billion
- Cheniere Energy Partners, L.P. $27.3 billion
- Plains All American Pipeline, L.P. $17.8 billion
All 47 Oil & Gas Midstream companies, largest first
Companies close in size in other industries
- Shinhan Financial Group Co., Ltd. $30.2 billion · Banks - Regional
- Koninklijke Philips N.V. $30 billion · Medical Devices
- Venture Global, Inc. $30 billion
- Labcorp Holdings Inc. $29.9 billion · Diagnostics & Research
- W. R. Berkley Corporation $29.8 billion · Insurance - Property & Casualty
What else do people ask about Venture Global?
What were Venture Global's latest quarterly results?
Venture Global, Inc. reported revenue of $4.6 B and net profit of $1.3 B for the Jun 2026 quarter. Revenue rose 47.6% and profit rose 266.0% compared with a year earlier. Earnings per share were $0.51.
The operating margin was 47.8%, 14.3 percentage points higher than a year earlier (as of 4 November 2026).
What is Venture Global's market cap?
Venture Global, Inc.'s market capitalisation is $30.0 B at a stock price of $11.98. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Venture Global performing?
Venture Global, Inc.'s share price has been moving sideways for 1 weeks. In its latest quarter, revenue rose 47.6% and profit rose 266.0% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running (as of 4 November 2026).
Will Venture Global's stock price go up?
This page does not forecast Venture Global, Inc.'s stock price. What it shows instead: the stock price is $11.98, and it has been moving sideways for 1 weeks. Its P/E of 9.4× is higher than 10% of its own last 2 years (as of 4 November 2026).
Where is Venture Global in its business cycle?
Venture Global, Inc.'s FY25 operating margin was 37.4%, against a 4-year range of 35.5% to 61.2%: the low end of its own range, which is often where recoveries start. The latest quarter was 47.8%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Venture Global story?
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Venture Global a stock worth studying right now?
What the numbers show: Venture Global, Inc.'s results are improving, while its P/E is near the low end of its own history over 1 year, higher than only 10% of past readings. The main open question: the next one or two quarters of results.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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