Venture Global

Venture Global has completed a $3 billion revolving credit facility with a 364‑day term. The funds are intended for general corporate purposes, including financing project costs for the CP2 and Plaquemines expansions ahead of final investment decisions. Bank of America serves as coordinating lead arranger and administrative agent; numerous international banks are involved as arrangers. Venture Global operates LNG facilities in Louisiana, with initial production starting in 2022. » Plus sur de.investing.com

Venture Global shares fell about 5.3% in premarket trading to $13.50 after Q2 2026 results missed expectations. Analysts had expected $0.29 earnings per share; the company failed to meet those forecasts after already trailing consensus significantly in Q1. Weighing on the stock were insider selling intentions of more than one million shares, increased debt concerns and a cautious analyst tone, even though operating metrics (127 cargo shipments, implied liquefaction fee $6.45/MMBtu) were robust. Mizuho slightly raised its price target but left the rating at Neutral, which did little to ease selling pressure. » Plus sur de.investing.com

Venture Global's stock fell 3.2% to $13.85 in morning trading after investors took profits following roughly a 23% rally the previous week. Baker Hughes received an order to supply liquefaction units for the CP2 project in Louisiana; the order supports the expansion plan but is primarily a revenue driver for Baker Hughes and not a direct earnings boost for Venture Global. Morgan Stanley reiterated its buy recommendation without raising its price target, and a planned insider sale of one million shares was also announced. With quarterly results due on August 11 and the resulting quiet period, investors are holding back for now. » Plus sur de.investing.com