Venture Global revenue rises 43% to $4.76B

Venture Global reported strong third-quarter 2026 results, with revenue of about $4.8 billion and higher earnings as LNG sales volumes and prices rose, driven in part by production ramping up at Plaquemines. The company said Plaquemines Phase 1 began commercial operations in October and raised the midpoint of its 2026 volume and adjusted EBITDA guidance. Venture Global is also expanding its behind-the-meter power network and exploring an off-grid utility business for data centers, positioning its power, land, water and natural-gas resources to support growing demand from AI computing. To advance the power-network expansion, it signed agreements with GE Vernova and Baker Hughes covering up to 16 power-island units and associated transformer equipment.