Venture Global 2Q26: Record $2.5B EBITDA, 127 LNG Cargoes Shipped

Venture Global (VG), the Arlington, Virginia-based LNG exporter that operates the Calcasieu Pass and Plaquemines liquefaction plants in Louisiana — and is building a third, CP2 — reported second quarter 2026 results Tuesday that were, by any measure, a blowout. Revenue hit $4.6 billion (up 48% from 2Q25), net income came in at $1.3 billion (up 266%), and consolidated adjusted EBITDA reached $2.5 billion (up 79%), the largest quarterly EBITDA in company history. VG shipped 127 cargoes in the quarter and raised its full-year EBITDA guidance to $8.7-$9.1 billion, up from the $8.2-$8.5 billion it guided to in May. The company also passed its 1,000th cargo overall and jacked up its quarterly dividend by 122%. Why do we care in Appalachia? Because Plaquemines is fed by pipelines that carry Marcellus/Utica molecules south — and VG is planning to nearly double in size.

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