Venture Global, Inc. (VG) Stock

Venture Global, Inc. (VG) is a Utilities stock trading at $14.20 (as of 2026-08-21), with a market capitalization of $37.53B and a trailing P/E of 9.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Venture Global, Inc. supplies natural gas products. It focuses on the commissioning, construction, and development of natural gas liquefaction and export projects.

Understand Venture Global, Inc.: how it makes money

Venture Global supplies natural gas products through natural gas liquefaction and export projects, specializing in commissioning, constructing, and developing these LNG export initiatives.

Profitability hinges on translating covered LNG demand into completed, producing liquefaction capacity and actual exported LNG cargoes.

Business quality (Strong): The dataset includes natural gas project KPIs (cargo coverage, LNG cargoes, producing trains) alongside Vonage communications KPIs, so investors should verify which operating business is the main driver of the reported results.

Valuation: At 12× earnings, VG trades 45% below the Utilities average (22×). Note: one-time items can distort reported P/E.

Bull case

  • Cargo demand coverage: 2026 Cargo Contract Coverage is 84 percent.
  • LNG export and production progress: Liquefaction Trains Producing LNG (Plaquemines) is 34, and Exported LNG Cargoes is 130.
  • Profitability snapshot: Operating margin is shown as 25.0 percent for the period ending 2026-03-31.

Bear case

  • Not fully covered demand: Cargo coverage is 84 percent, which leaves room for lower utilization versus fully covered scenarios.
  • Execution and ramp sensitivity: Because the company specializes in commissioning, constructing, and developing liquefaction and export projects, results can be sensitive to project timing and producing capacity (as reflected by the producing trains KPI).
  • Potential data-mix ambiguity: The provided KPI set includes Vonage communications platform metrics, which may complicate interpretation unless investors confirm the relevant operating driver for the company’s consolidated results.
Valuation — source: SEC EDGAR (first-party)
Price$14.20
Market Cap$37.53B
P/E Ratio9.9
EV / EBITDA10.2
Price / Book3.11
Price / Sales2.21
FCF Yield-18.6%
DCF Value (model)$31.71
DCF Upside vs Price123.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$13.77B
Net Margin19.8%
Revenue Growth (YoY)47.6%
EPS Growth (YoY)260.0%
FCF Growth (YoY)8.2%
Financial Health — source: SEC EDGAR
Altman Z-Score1.21 (distress)
Valuation vs Sector & Industry
Stock P/E9.9
Sector P/E (Utilities)20.8
Industry P/E (Utilities)20.1
vs Sector-52.4%
vs Industry-50.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderAllianz Asset Management GmbH ($3.96B)
Institutional Holders Tracked10
Congressional Trades (recent)1
Company
SectorUtilities
IndustryUtilities
CEOMichael A. Sabel
Employees1,500
CountryUS
IPO Date2025-01-24

Related Companies (Business model: Regulated Utility (Electric / Gas); 8 closest by market cap; US-domiciled)

  • Public Service Enterprise Group Incorporated (PEG)
  • Atmos Energy Corporation (ATO)
  • National Fuel Gas Company (NFG)
  • Southwest Gas Holdings, Inc. (SWX)
  • New Jersey Resources Corporation (NJR)
  • ONE Gas, Inc. (OGS)
  • Spire Inc. (SR)
  • Northwest Natural Holding Company (NWN)
VG earnings history · VG institutional & insider holders · VG KPIs & operating metrics · VG financials · VG investor presentations & press releases · VG SEC filings · VG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.