92 stories mentioning Venture GlobalUpdated just now
RBC Capital Markets maintained a positive view after Venture Global expanded a long-term LNG supply agreement, adding contracted capacity amid strong US export demand.
Venture Global (VG) and China Gas have executed a new agreement for the purchase of 0.5 million tonnes per annum of US liquefied natural gas for 20 years, beginning in 2030, the companies said Monday.The deal brings Venture Global's long-term offtake with China Gas to 2.5 MTPA under 20-year agreements supplied across its portfolio.Venture Global shares were up 2.7% in premarket activity.
Midstream mergers and acquisitions are accelerating as companies pursue scale and new volumes, while RBC's preferred picks offer growth tied to gas, power and Permian demand, RBC Capital Markets said in a Friday note.The Alerian Midstream Index gained 0.6% for the week ended Sep. 10, compared with a 2% decline for the S&P 500 as West Texas Intermediate crude rose about 12% to $102.48 per barrel.Year to date, the AMZ has advanced 25.5% versus a 10.9% rise for the S&P 500, outperforming utilities and real estate investment trusts by 2,473 and 1,305 basis points.The AMZ remains behind oilfield services and exploration and production stocks by 2,208 and 2,933 basis points, respectively, while Henry Hub natural gas declined about 3% to $2.83 per million British thermal units.Venture Global (VG) led RBC's coverage universe with a 7.0% weekly gain, helped by higher Dutch Title Transfer Facility prices, while Cheniere Energy (LNG) fell 4.5% after missing the latest S&P 500 rebalance.Master limited partnerships rose 0.4% over the week and outperformed C-corporations, which slipped 0.1%, while RBC estimates its coverage universe trades at 10.3 times 2027 estimated enterprise value to EBITDA.RBC said midstream deal activity has accelerated, citing ONEOK's (OKE) acquisition of Brazos Midstream's Permian Midland assets and renewed market attention on a potential Kinetik (KNTK) sale.RBC has long viewed Kinetik Holdings as an attractive acquisition target because of its Permian presence, natural gas liquids exposure and New Mexico sour-gas capabilities, which could add scale and near-term growth.Kinetik could benefit from stronger customer demand in New Mexico, including an expansion of its KL2 processing plant, which RBC expects to enter service in mid-2028.RBC also noted that external insurance capital could help finance acquisitions.The US Third Circuit Court of Appeals vacated a water-quality certificate for the Northeast Supply Enhancement project on technical and procedural grounds, sending the matter back to the New Jersey Department of Environmental Protection.Williams (WMB) does not expect the ruling to affect construction and continues to target an in-service date in the fourth quarter of 2027, while viewing the remand as a path to resolve the outstanding issues.RBC sees Kinetik well positioned for growth in the second half of 2026 and beyond as new Permian gas takeaway capacity comes online and producer interest rises across the Northern Delaware Basin.A May 2026 federal lease sale generated about $4 billion in bids, compared with the prior record of $972 million in 2018, underscoring the scale of producer interest in the Northern Delaware Basin.Kinetik Holdings has built its sour-gas handling system, giving it an advantage over new entrants because permits for acid-gas injection wells can take more than three years.RBC expects Kodiak Gas Services (KGS) to deliver about 16% annual adjusted EBITDA growth over five years, supported by Permian production, tight compression capacity and rising data-center power demand.RBC favors Targa Resources (TRGP), citing customer-backed growth projects that reduce capital-spending risk, expanded customer agreements and exposure to well-capitalized Permian producers. Rising gas-to-oil ratios could also support mid-single-digit gas growth.RBC also favors Williams, which it sees benefiting from rising power and natural gas demand through 2030 and beyond. The company targets more than 11% adjusted EBITDA growth through 2030.Midstream M&A Gains Momentum as Permian, Power Demand Support Growth, RBC Says
Energy stocks were mixed late Friday afternoon, with the NYSE Energy Sector Index down 0.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.3%.The Philadelphia Oil Service Sector Index fell 0.3%, and the Dow Jones US Utilities Index shed 0.3%.Front-month West Texas Intermediate crude oil fell 1.9% to $100.51 a barrel, and the global benchmark Brent crude contract dropped 2.6% to $104.87 a barrel. Henry Hub natural gas futures were steady at $2.83 per 1 million BTU.In sector news, the White House is mulling ways it can use the Defense Production Act to expand US oil refining capacity, Reuters reported. The suggestion to use the act occurred in a recent meeting between President Donald Trump and nearly a dozen US refiners, the report said, citing sources, who added that no final decisions were made and that participants expected conversations to continue.In corporate news, Chevron (CVX) CEO Mike Wirth said oil buffers that curbed the rise in crude prices since the start of the US-Iran war are depleted, and the conflict may drive prices higher in the coming months, Reuters reported Friday, citing his speech at an energy conference in Austin, Texas. "I think the risks remain to the upside over the next few months," Wirth said, according to the report. Chevron shares were up 0.7%.Venture Global (VG), Cheniere Energy (LNG), and Woodside Energy (WDS) are included in a group of companies that are in talks with QatarEnergy for liquefied natural gas contracts aimed at replacing capacity in the Ras Laffan facility damaged by Iranian attacks, Reuters reported. Venture shares rose 1.8%, Cheniere added 0.2%, and Woodside was down 1.4%.TotalEnergies (TTE) said it has agreed to acquire Plastic Energy's 35% stake in the Grandpuits plastics recycling plant in France, making it the sole owner of the facility. Shares were up 0.5%.Shell (SHEL) disclosed Thursday that it has acquired 100% of Hunlock Creek Generating, which owns 169 megawatts of natural gas-fired generation capacity in Pennsylvania. Shell also disclosed it has agreed to sell interests in RISEC, which owns a 609-MW, two-unit combined cycle gas turbine power plant in New England, to Constellation Energy (CEG), for $715 million. Shell shares added 0.6%, and Constellation was down 0.5%.
(Updates with response from Cheniere in fourth paragraph.)Venture Global (VG), Cheniere Energy (LNG), and Woodside Energy Group (WDS) are included in a group of companies that are in talks with QatarEnergy for liquefied natural gas contracts aimed at replacing capacity in the Ras Laffan facility damaged by Iranian attacks, Reuters reported Friday, citing three trading and industry sources.QatarEnergy is targeting to secure multi-year US LNG contracts through 2031 to replace volumes lost due to the Iranian attacks, according to the report.State-owned QatarEnergy, which stopped production in March, has renewed force majeure notices monthly, with the most recent extension into November, the report said.Woodside and Cheniere declined to comment, while Venture Global and QatarEnergy did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $15.69, Change: $+0.19, Percent Change: +1.19%
Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.1% and the State Street Energy Select Sector SPDR ETF (XLE) gaining 0.4%.The Philadelphia Oil Service Sector Index was decreasing 0.9%, and the Dow Jones US Utilities Index was 0.2% higher.Front-month West Texas Intermediate crude oil fell 2.4% to $100.05 a barrel, and the global benchmark Brent crude contract dropped 2.5% to $104.92 a barrel. Henry Hub natural gas futures shed 1% to $2.81 per 1 million BTU.In sector news, the White House is mulling ways it can use the Defense Production Act to expand US oil refining capacity, Reuters reported. The suggestion to use the act occurred in a recent meeting between President Donald Trump and nearly a dozen US refiners, the report said, citing sources, who added that no final decisions were made and that participants expected conversations to continue.In corporate news, Chevron's (CVX) $7 billion expansion in Venezuela will be funded with cash generated from the country, Bloomberg reported, citing CEO Mike Wirth as saying at the University of Texas' Energy Symposium in Austin. Shares were up 0.6%.Venture Global (VG), Cheniere Energy (LNG), and Woodside Energy (WDS) are included in a group of companies that are in talks with QatarEnergy for liquefied natural gas contracts aimed at replacing capacity in the Ras Laffan facility damaged by Iranian attacks, Reuters reported. Venture shares rose 3%, Cheniere added 0.5%, and Woodside was down 1.5%.TotalEnergies (TTE) said it has agreed to acquire Plastic Energy's 35% stake in the Grandpuits plastics recycling plant in France, making it the sole owner of the facility. Shares were up 0.4%.
(Updates with response from Woodside in fourth paragraph.)Venture Global (VG), Cheniere Energy (LNG), and Woodside Energy Group (WDS) are included in a group of companies that are in talks with QatarEnergy for liquefied natural gas contracts aimed at replacing capacity in the Ras Laffan facility damaged by Iranian attacks, Reuters reported Friday, citing three trading and industry sources.QatarEnergy is targeting to secure multi-year US LNG contracts through 2031 to replace volumes lost due to the Iranian attacks, according to the report.State-owned QatarEnergy, which stopped production in March, has renewed force majeure notices monthly, with the most recent extension into November, the report said.Woodside declined to comment, while Venture Global, Cheniere, and QatarEnergy did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $15.60, Change: $+0.10, Percent Change: +0.61%
Venture Global (VG), Cheniere Energy (LNG), and Woodside Energy Group (WDS) are included in a group of companies that are in talks with QatarEnergy for liquefied natural gas contracts aimed at replacing capacity in the Ras Laffan facility damaged by Iranian attacks, Reuters reported Friday, citing three trading and industry sources.QatarEnergy is targeting to secure multi-year US LNG contracts through 2031 to replace volumes lost due to the Iranian attacks, according to the report.State-owned QatarEnergy, which stopped production in March, has renewed force majeure notices monthly, with the most recent extension into November, the report said.Venture Global, Cheniere, Woodside, and QatarEnergy did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $15.71, Change: $+0.21, Percent Change: +1.32%
QatarEnergy is in talks with several producers for US LNG supplies through 2031 as it seeks to offset volumes lost after Iranian strikes damaged two Ras Laffan LNG trains and a gas-to-liquids facility in March, Reuters reported Friday, citing trading and industry sources.QatarEnergy's discussions include Venture Global (VG), Cheniere Energy (LNG) and Woodside Energy (WDS). QatarEnergy has maintained force majeure since March, renewing the notices monthly through November, with further extensions possible as the Strait of Hormuz remains closed, the report said.QatarEnergy Trading, the company's LNG trading arm, is targeting annual supplies of 2 million to 3 million metric tons through 2031, according to the report.QatarEnergy, Venture Global, Cheniere Energy and Woodside Energy did not immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $15.67, Change: $+0.16, Percent Change: +1.06%
Keith D Larson, General Counsel and Secretary, on September 08, 2026, sold 2,350,000 shares in Venture Global (VG) for $35,677,169.SEC Filing:https://www.sec.gov/Archives/edgar/data/2007855/000205085726000014/xslF345X05/primarydocument.xml
Energy stocks rose late Wednesday afternoon, with the NYSE Energy Sector Index climbing up 0.5% and the State Street Energy Select Sector SPDR ETF (XLE) gaining 0.9%.The Philadelphia Oil Service Sector Index jumped 2.7%, and the Dow Jones US Utilities Index advanced 0.1%.West Texas Intermediate crude oil rose 0.7% to $90.81 a barrel, and global benchmark Brent gained 0.9% to $95.45 a barrel. Henry Hub natural gas futures added 2.8% to $2.99 per 1 million BTU.In geopolitical news, additional US strikes on Iran Tuesday led to Tehran attacking Jordan, Bahrain and Kuwait. "They will be hit again at a much harder and higher level, but it will not be the biggest attack of them all, that is waiting in the wings and, when it is over, there will be very little left of the Islamic Republic of Iran!" Trump posted on Truth Social Tuesday.The Iran Revolutionary Guards Corps said two oil tankers exploded after hitting a mine and are now on fire, Al Jazeera, a Middle Eastern broadcaster, reported Wednesday.In sector news, US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 7.6 million barrels in the week ended Aug. 28 following a decrease of 3.6 million barrels in the previous week. Excluding inventories in the SPR, commercial crude oil stocks declined by 4.5 million barrels after a 100,000-barrel gain in the previous week, compared to the 60,000-barrel increase expected in a survey compiled by Bloomberg.In corporate news, Chevron (CVX) outlined a plan to invest more than $7 billion in Venezuela and double its oil production capacity in the South American country over the next five years. Shares rose 0.6%.GE Vernova (GEV) has agreed to restore large sections of Venezuela's electrical network under a US government initiative to boost the nation's energy generation, Bloomberg reported. GE Vernova shares gained 3%.Venture Global (VG) told customers of its Plaquemines Phase 2 LNG export plant in Louisiana that deliveries remain on schedule at previously agreed prices, Reuters reported. Venture Global shares fell 2.2%.Calumet (CLMT) said Wednesday that the US Environmental Protection Agency granted full small refinery exemptions for two of its petitions covering the 2025 compliance year. The company said the exemptions will reduce its balance-sheet liability by 71 million renewable identification numbers, valued at about $170 million as of last June. Calumet shares rose 3%.
Energy stocks rose late Wednesday afternoon with the NYSE Energy Sector Index climbing 0.5% and the State Street Energy Select Sector SPDR ETF (XLE) gaining 0.9%.The Philadelphia Oil Service Sector Index jumped 2.7%, and the Dow Jones US Utilities Index advanced 0.1%.West Texas Intermediate crude oil rose 0.7% to $90.81 a barrel, and global benchmark Brent gained 0.9% to $95.45 a barrel. Henry Hub natural gas futures added 2.8% to $2.99 per 1 million BTU.In corporate news, Venture Global (VG) told customers of its Plaquemines Phase 2 LNG export plant in Louisiana that deliveries remain on schedule at previously agreed prices, Reuters reported. Venture Global shares fell 2%.
Venture Global (VG) told customers of its Plaquemines Phase 2 LNG export plant in Louisiana that deliveries remain on schedule at previously agreed prices, Reuters reported Wednesday, citing a person familiar with the matter.In a letter to customers, Venture Global said it remains committed to starting long-term deliveries by the end of Q2 2027 despite a recent jump in global gas prices, the report said. Customers include Exxon Mobil (XOM) and Chevron (CVX), the report said.Venture Global did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $14.88, Change: $-0.23, Percent Change: -1.56%
US LNG developer Venture Global has informed its customers that cargo deliveries from its Plaquemines Phase 2 export plant in Louisiana will start on schedule and at previously-agreed prices, a source with direct knowledge of this told Reuters.Customers for Plaquemines Phase 2 include oil majors Exxon Mobil (XOM) and Chevron (CVX). Venture Global sent a letter to unspecified customers on Tuesday saying it remained on track to start the deliveries from Phase 2 by the end of Q2, 2027.The company has been embroiled in disputes over LNG deliveries from its first LNG plant at Calcasieu Pass in Louisiana, Reuters reported.Higher spot LNG prices can cause concern among buyers that commercial arrangements agreed before such increases might no longer be honoured, the article said.Venture Global did not immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $14.33, Change: $-0.79, Percent Change: -5.20%
Fory Musser, Senior Vice President, Development, on August 19, 2026, sold 272,013 shares in Venture Global (VG) for $3,875,098.SEC Filing:https://www.sec.gov/Archives/edgar/data/2007855/000205037226000015/xslF345X05/primarydocument.xml
US LNG production rose from the prior week and month, with Cheniere Energy's (LNG) Corpus Christi output increasing while other major terminals posted mixed results, UBS said in a Wednesday note.Total weekly LNG production reached 16,141 million cubic feet per day, compared with 16,015 MMcf/d a week earlier and 15,795 MMcf/d a month earlier, according to UBS.Cheniere Energy's Corpus Christi terminal produced 3,356 MMcf/d, up from 3,280 MMcf/d a week earlier and 3,088 MMcf/d a month earlier.Cheniere Energy's Sabine Pass terminal, meanwhile, produced 3,968 MMcf/d, down from 4,012 MMcf/d a week earlier but above 3,877 MMcf/d a month earlier.Venture Global's (VG) Plaquemines terminal produced 3,273 MMcf/d, down from 3,296 MMcf/d a week earlier and 3,388 MMcf/d a month earlier, UBS said.Venture Global's Calcasieu Pass terminal produced 1,427 MMcf/d, up from 1,423 MMcf/d a week earlier but below 1,439 MMcf/d a month earlier.Golden Pass weekly production rose to 316 MMcf/d from 253 MMcf/d a week earlier and 311 MMcf/d a month earlier, following the terminal's first LNG export cargo in April, UBS said.UBS' tracker uses data from the Energy Information Administration and the Federal Energy Regulatory Commission to monitor daily terminal gas deliveries and train-level changes in baseload and peak LNG production.Price: $14.47, Change: $+0.68, Percent Change: +4.89%
Jonathan W Thayer, Chief Financial Officer, on August 18, 2026, sold 222,222 shares in Venture Global (VG) for $3,113,686.SEC Filing:https://www.sec.gov/Archives/edgar/data/2007855/000144876526000013/xslF345X05/primarydocument.xml
Venture Global's (VG) outlook has strengthened after the energy firm raised its 2026 earnings guidance, as ongoing disruptions to Middle East energy supplies are expected to create additional demand for US LNG, RBC Capital Markets strategists said on Tuesday.RBC analysts said that the US liquefied natural gas producer now expects full-year 2026 adjusted EBITDA in the range of $8.7 billion to $9.1 billion.The new midpoint of $8.9 billion represents a 6.5% increase over its previous outlook and exceeds the $8.5 billion forecast previously held by analysts.The upward revision comes despite a slight miss in Q2 results, with adjusted EBITDA of $2.49 billion falling about 1% short of FactSet consensus expectations.Venture Global's shares remain rated "Outperform" with a $16 price target, according to RBC."We still believe Venture Global can capture incremental demand for LNG from the ongoing conflict in the Middle East and impact on supply," RBC analysts said in a note.Global appetite for LNG has remained resilient despite higher price tags, said RBC. The latest data shows that Asian importers, led by China, Japan, and India, have sustained purchasing levels even as prices jumped 56% year-over-year in Q2.Meanwhile, low natural gas inventories in Europe suggest the potential for further spikes in demand for US exports ahead of the winter season.Operationally, the company exported 127 cargoes in Q2, buoyed by increased production at its Plaquemines facility during commissioning.Despite undergoing major maintenance at its Calcasieu Pass site, Venture Global used its modular design to maintain output of 37 cargoes, avoiding the broader curtailments typically seen at larger, traditional facilities.Venture Global is pressing ahead with its capital expenditure program. RBC analysts expect the first phase of Plaquemines to enter commercial operation by Q4, with the second phase slated for mid-2027, and the first LNG from its CP2 project expected in H1 2027.Going forward, RBC said that Venture Global is positioning itself for a total run-rate capacity of approximately 85 million tonnes per annum by 2029.Price: $13.82, Change: $-0.38, Percent Change: -2.68%
Venture Global (VG) is positioned to capture incremental demand for liquified natural gas amid the ongoing conflict in the Middle East and its impact on supply, given its construction and production ramp as well as contract timing, RBC Capital Markets said in a note emailed Wednesday.Venture Global targets commercial operations at Plaquemines Phase 1 in Q4 and Phase II in mid-2027, with first LNG production from its Calcasieu Pass 2 project expected in H2 2027, the firm noted. Its in-house engineering, procurement and construction team manufactures heat recovery steam generators at Morgan City, removing a significant bottleneck, the note added.Bolt-on expansions target final investment decisions in early 2027 for the Calcasieu Pass 2 project and in H1 2027 for Plaquemines Phase 1, positioning total run-rate capacity at approximately 85 million tonnes per annum by the end of 2029, the brokerage said.RBC now models 2026 and 2027 adjusted earnings before interest, taxes, depreciation, and amortization of $8.88 billion and $6.96 billion, respectively, up from $8.32 billion and $6.76 billion previously.RBC kept an outperform rating on Venture Global with a price target of $16.Price: $13.86, Change: $-0.34, Percent Change: -2.42%
Fory Musser, Senior Vice President, Development, on August 14, 2026, sold 469,547 shares in Venture Global (VG) for $6,582,658.SEC Filing:https://www.sec.gov/Archives/edgar/data/2007855/000205037226000013/xslF345X05/primarydocument.xml
Energy stocks were declining premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) 0.2% lower.The United States Oil Fund (USO) was down 0.2% and The United States Natural Gas Fund (UNG) was 0.8% higher.Front-month US West Texas Intermediate crude oil was 0.1% lower at $82.06 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined 0.1% to $87.64 per barrel, and natural gas futures were up 0.1% at $2.80 per 1 million British Thermal Units.Venture Global (VG) stock was down more than 4% after the company reported Q2 revenue that missed analysts' expectations.Flowco (FLOC) shares were up more than 2% after the company posted higher Q2 earnings and revenue.Baker Hughes (BKR) has signed a multiyear contract with Kuwait Oil Co. to support technology innovation in the country's upstream energy sector, the company said. Baker Hughes stock was 0.1% higher premarket.
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