Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €12.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 29% over the past year. Board Change • May 15
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Apr 14
Venture Global, Inc. to Report Q1, 2026 Results on May 12, 2026 Venture Global, Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026 Aankondiging • Apr 10
Venture Global, Inc., Annual General Meeting, May 27, 2026 Venture Global, Inc., Annual General Meeting, May 27, 2026. New Risk • Mar 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (16% net profit margin). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to €14.55, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 9x in the Oil and Gas industry in Europe. Declared Dividend • Mar 06
Fourth quarter dividend of US$0.018 announced Shareholders will receive a dividend of US$0.018. Ex-date: 16th March 2026 Payment date: 31st March 2026 Dividend yield will be 0.5%, which is lower than the industry average of 3.1%. Aankondiging • Mar 04
Venture Global, Inc. Announces Cash Dividend, Payable on March 31, 2026 Venture Global, Inc. has announced that its board of directors declared a cash dividend of $0.018 per share on its Class A common stock and Class B common stock. The dividend is payable on March 31, 2026, to shareholders of record as of the close of business on March 16, 2026. Aankondiging • Feb 04
Venture Global, Inc. to Report Q4, 2025 Results on Mar 02, 2026 Venture Global, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 02, 2026 Board Change • Dec 29
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Dec 08
Upcoming dividend of US$0.017 per share Eligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 5.8% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.1%). Aankondiging • Dec 02
Venture Global, Inc. Announces Cash Dividend, Payable on December 31, 2025 Venture Global, Inc. has announced that its board of directors declared a cash dividend of $0.017 per share on its Class A common stock and Class B common stock. The dividend is payable on December 31, 2025, to shareholders of record as of the close of business on December 15, 2025. Board Change • Nov 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Nov 19
Venture Global, Inc. Files Federal Energy Regulatory Commission Application for Permitting and Approval of Plaquemines LNG Brownfield Expansion Project Venture Global, Inc. filed with the Federal Energy Regulatory Commission (FERC) its application for the permitting and approval of the Plaquemines LNG brownfield expansion project. In addition, Venture Global has filed with the U.S. Department of Energy (DOE) for the export authorizations associated with this expansion. The Plaquemines Expansion was announced earlier this year with U.S. Secretary of Energy Chris Wright, U.S. Secretary of the Interior Doug Burgum, and Louisiana Governor Jeff Landry. Venture Global has since increased the expected output from this project by nearly 40% from the previously announced plans due to the continued optimization of liquefaction trains and strong market demand. This bolt-on expansion will be built incrementally in three phases and consist of 32 modular liquefaction trains, adding in total over 30.0MTPA in peak production capacity. This will bring the total peak production capacity across the entire Plaquemines complex to over 58.0MTPA. As previously stated, the commercial operations timelines for Phase I and Phase II remain unchanged. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: US$0.20 (vs US$639 loss in 3Q 2024) Third quarter 2025 results: EPS: US$0.20 (up from US$639 loss in 3Q 2024). Revenue: US$3.33b (up 260% from 3Q 2024). Net income: US$483.0m (up US$815.0m from 3Q 2024). Profit margin: 14% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Oil and Gas industry in Germany. Board Change • Nov 03
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Oct 22
Venture Global Receives CP2 Final Approval from Department of Energy The U.S. Department of Energy issued the final non-FTA export authorization for Venture Global’s CP2 facility in Cameron Parish, Louisiana. Aankondiging • Oct 18
Venture Global, Inc. to Report Q3, 2025 Results on Nov 10, 2025 Venture Global, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 10, 2025 Buy Or Sell Opportunity • Oct 12
Now 40% undervalued The stock has been flat over the last 90 days, currently trading at €8.36. The fair value is estimated to be €13.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last year. Earnings per share has declined by 100%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Board Change • Oct 03
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Sep 12
Venture Global, Inc. Announces Cash Dividend on Outstanding Class A Common Stock and Outstanding Class B Common Stock, Payable on September 30, 2025 The Venture Global, Inc. board of directors determined that the per share amount of its previously declared cash dividend shall be $0.017 per share, payable on September 30, 2025 to holders of its outstanding Class A common stock and outstanding Class B common stock, and that the record date shall be the close of business on September 19, 2025. Aankondiging • Aug 05
Venture Global Calcasieu Pass Receives Uprate Approval from U.S. Department of Energy Venture Global, Inc. received approval from the U.S. Department of Energy (DOE) for an uprate amendment to its Calcasieu Pass LNG project. The uprate approval increases Calcasieu Pass’ permitted peak liquefaction capacity from 12.0 million tonnes per annum (MTPA) to 12.4 MTPA. Calcasieu Pass, Venture Global’s first project, reached first LNG production in 2022 and began commercial operations in April 2025. The company’s second facility, Plaquemines LNG, began LNG production in December 2024. Venture Global’s third project, CP2, received DOE export authorization and FERC approval in March 2025 and May 2025, respectively, signed long-term sales and purchase agreements for all of Phase One, and commenced site work on the project. Aankondiging • Jul 17
Venture Global, Inc. to Report Q2, 2025 Results on Aug 13, 2025 Venture Global, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 13, 2025 Board Change • Jun 11
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Jun 03
Venture Global Launches Site Work At CP2 LNG Following Federal Approval Venture Global, Inc. announced that it has initiated full mobilization and started site work at the company's third LNG export facility, CP2 LNG. The launch of the site work comes shortly after CP2 received final approval and Notices to Proceed from the Federal Energy Regulatory Commission (FERC) on the Project, and weeks after receiving its non-FTA export authorization from the U.S. Department of Energy. CP2 begins on-site work in Cameron Parish, La. CP2 is a strategically important project that is expected to provide U.S. LNG to customers in Europe, Japan and other allies around the world. The Project is expected to support approximately 3,000 new jobs in Louisiana - 400 of which will be direct, permanent employees of CP2 - and pay more than $4 billion in local property taxes during its operation. At peak construction, CP2 is expected to employ approximately 7,500 direct construction jobs and support tens of thousands of indirect subcontractor, part-time and full-time jobs in over 30 states. Building off Venture Global's "design one, build many" modularized LNG facility strategy, CP2 is already well advanced in engineering, procurement and contracting. Separate from the site work commencing now, the Project already has significant off-site work underway on the Project modules and equipment. This significant engineering and off-site progress now positions CP2 as one of the most advanced LNG export projects under development in the United States and believe, once completed, will position Venture Global to become the top export of U.S. LNG. Aankondiging • May 30
Venture Global, Inc. Announces Cash Dividend, Payable on June 30, 2025 The Venture Global, Inc. declared cash dividend shall be $0.0165 per share, or approximately $40 million in the aggregate, payable on June 30, 2025 to holders of its outstanding Class A common stock and outstanding Class B common stock, and that the record date shall be the close of business on June 10, 2025. New Risk • May 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.0% operating cash flow to total debt). Shares are highly illiquid. High level of non-cash earnings (44% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (19% net profit margin). Board Change • May 12
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Apr 17
Venture Global, Inc. to Report Q1, 2025 Results on May 13, 2025 Venture Global, Inc. announced that they will report Q1, 2025 results Pre-Market on May 13, 2025 Aankondiging • Apr 15
Venture Global Commences Commercial Operations at Calcasieu Pass Venture Global announced the commercial operation date for its inaugural LNG export project - Calcasieu Pass - and the commencement of the sale of low-cost, U.S. LNG to the project's long-term customers. Calcasieu Pass has reached this milestone in just 68 months from the final investment decision on the project, making it among the fastest greenfield LNG projects completed. The project's multi-billion-dollar contracts will have a significant positive impact on the US balance of trade with several European allies. Due to its innovative, first-of-its kind configuration consisting of many mid-scale, modular liquefaction trains and process facilities that are delivered and installed sequentially, as well as Venture Global's owner-led approach to construction, the project was able to overcome significant unforeseen challenges, including a global pandemic, two hurricanes, and a force majeure event that arose due to major manufacturing issues with the facility's power island. Having completed a multi-year rectification and remediation of key components of the facility that underpin the redundancy features inherent in the project's design, Calcasieu Pass is now ready to operate safely and reliably. Aankondiging • Apr 05
Venture Global, Inc., Annual General Meeting, May 21, 2025 Venture Global, Inc., Annual General Meeting, May 21, 2025. Aankondiging • Mar 25
Venture Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit Robbins Geller Rudman & Dowd LLP announced that purchasers of Venture Global, Inc. stock pursuant and/or traceable to Venture Global's registration statement issued in connection with Venture Global's initial public offering (IPO) held between January 24 and 27, 2025 and were damaged thereby, have until Friday, April 18, 2025 to seek appointment as lead plaintiff of the Venture Globalclass action lawsuit. Captioned Bowes v. Venture Global, Inc., No. 25-cv-01364 (S.D.N.Y.), the Venture Globalclass action lawsuit charges Venture Global as well as certain of Venture Global's top executives and directors with violations of the Securities Act of 1933. CASE ALLEGATIONS: Venture Global engages in the commissioning, constructing, and developing of natural gas liquefaction and export projects. In its IPO, Venture Global sold 70 million shares at $24.00 per share. The Venture Globalclass action lawsuit alleges that the IPO's offering documents were materially false and/or misleading and/or failed to disclose information concerning Venture Global's repeated confidence in Venture Global's ability to utilize its approach to deliver liquefied nature gas (LNG) to the world. The Venture Global class action lawsuit further alleges that, on February 5, 2025, TotalEnergies CEO, Patrick Pouyanne, stated that he was approached by Venture Global to see if TotalEnergies would be interested in a long-term supply contract for LNG from the Calcasieu Pass terminal in Louisiana, but he rejected the offer "because of what they are doing. Pouyanne also cited a lack of trust with respect to Venture Global, according to the complaint. On this news, Venture Global's stock price declined, according to the Venture Global class action lawsuit. The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Venture Global stock pursuant and/or traceable to the registration statement issued in connection with the IPO to seek appointment as lead plaintiff in the Venture Globalclass action lawsuit. A lead plaintiff is generally the movant with the greater financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Venture Globalclass action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Venture Globalclass action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Venture Globalclass action lawsuit. Aankondiging • Mar 20
Venture Global Receives Non-FTA Export Authorization for CP2 LNG from the U.S. Department of Energy Venture Global received approval from the U.S. Department of Energy to export liquefied natural gas (LNG) to non-FTA countries for its third project, CP2 LNG, located in Cameron Parish, Louisiana. Earlier this month, Venture Global announced that it has launched the FID process for CP2 LNG. To date, the initial phase of CP2 LNG has been sold through 20-year sales and purchase agreements with ExxonMobil, Chevron, JERA, New Fortress Energy, INPEX, China Gas, SEFE and EnBW. Venture Global is in active discussions for the remaining capacity and has launched significant off site construction of the project while it has awaited project authorizations from U.S. regulators. Aankondiging • Mar 01
Venture Global, Inc. Announces Declares Cash Dividend, Payable on March 31, 2025 The Venture Global, Inc. board of directors determined that the per share amount of its previously declared cash dividend shall be $0.0165 per share, or approximately $40 million in the aggregate, payable on March 31, 2025 to holders of its outstanding Class A common stock and outstanding Class B common stock, and that the record date shall be the close of business on March 10, 2025. Aankondiging • Feb 19
Kirby McInerney LLP Announces the Filing of Securities Class Action on Behalf of Venture Global, Inc. Investors The law firm of Kirby McInerney LLP announced that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Venture Global, Inc.: common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s January 2025 initial public offering (IPO). Investors have until April 18, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. The complaint alleges that defendants, throughout the Class Period, failed to account for and address these issues which caused statements in Venture’s registration statements to be false and/or materially misleading at the time of the IPO. Aankondiging • Feb 15
Venture Global, Inc. to Report Q4, 2024 Results on Mar 06, 2025 Venture Global, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 06, 2025 Board Change • Jan 28
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Founder & Executive Co-Chairman of the Board Bob Pender is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
