US liquefied natural gas exporter Venture Global reported sharply higher third-quarter results on Tuesday, 10 November 2026, with revenue of $4.8 billion and net income attributable to common stockholders of $2.5 billion. The company also raised its full-year earnings guidance after its newest export terminal began commercial operations.

Revenue rose 43 per cent from $3.3 billion in the same quarter last year, while net income jumped 493 per cent from $429 million a year earlier, according to the company's results for the three months ended 30 September 2026. Income from operations increased 74 per cent to $2.3 billion, and consolidated adjusted EBITDA rose 69 per cent to $2.6 billion, the largest quarterly figure in the company's history.

Record volumes and a new terminal

Venture Global exported 124 cargoes of liquefied natural gas during the quarter and sold 465.8 trillion British thermal units of LNG. The company said it began commercial operations at Plaquemines Phase 1, its second export facility in Louisiana, on 31 October 2026, a milestone that expands the volumes it can sell under long-term contracts rather than on the spot market.

For the first nine months of 2026, revenue reached $13.9 billion and net income attributable to common stockholders totalled $4.4 billion. Consolidated adjusted EBITDA for the nine-month period was $6.4 billion.

Guidance raised for the full year

The company raised its full-year 2026 consolidated adjusted EBITDA guidance to between $10.0 billion and $10.3 billion, up from its previous range of $8.7 billion to $9.1 billion. Chief executive Mike Sabel told investors on the company's earnings call that the increase reflected the strong third quarter and the outlook for the rest of the year.

Venture Global, listed on the New York Stock Exchange under the ticker VG, develops, builds, owns and operates LNG export facilities on the US Gulf Coast. Its Plaquemines plant in Louisiana and its Calcasieu Pass facility have made it one of the largest US LNG exporters, at a time when American gas shipments are in high demand in Europe and Asia.

What the results mean for investors

The jump in profit was driven mainly by higher sales volumes and stronger prices than a year ago, when the company was still ramping up its first terminal. The raised guidance suggests management expects the momentum to continue into the final quarter of the year, although LNG prices and shipping costs can move quickly with weather, geopolitics and demand in Asia.

Investors will now watch whether Venture Global can keep lifting volumes from Plaquemines as further phases come online, and how much of its output it locks in under long-term contracts. The company hosted a conference call for investors and analysts at 9:00 a.m. Eastern Time on Tuesday to discuss the results and its guidance for the rest of 2026.