Venture Global cuts 2025 profit forecast on volatile LNG prices, transport snags
LNG firm Venture Global has lowered its full-year 2025 core profit forecast on Monday, which was below Wall Street expectations, weighed down by price volatility and shipping constraints.
Volume and pricing were affected by changes in Henry Hub and international LNG prices, as well as limited vessel availability in the Atlantic basin, Venture Global said.
The company added it pulled forward scheduled maintenance late in the quarter and used its fleet of owned and chartered vessels to mitigate some of the impact from tight shipping markets.
However, the LNG firm said forward pricing for such factors in February and March has improved from 2025 year-end levels.
The company said it exported 128 cargos in the fourth quarter of 2025: 38 from its Calcasieu Pass facility and 90 from its Plaquemines facility.
Venture forecast 2025 core profit between $6.18 B and $6.24 B, from its previous estimate of $6.35 B–$6.5 B.
Analysts on average were expecting core profit of $6.36 B for the year, according to data compiled by LSEG.
Related News
Related News
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Golden Pass LNG revises EPC contract for Trains 2 and 3
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
- Aramco's Jafurah gas plant (Phase 1) begins output
- Japan set to approve the restart of the world's biggest nuclear plant, lessening 2026 LNG import demand
Comments