Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Venture Global Inc (VG)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
$12.00-7.69%
Close 2026-11-04 · 1-day change
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.85 → 1.23 EPS · FY ending Dec 31, 2027 · 10 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 10 to 10; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for VG yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Cargo range guidance at least 494 for 2026 | Venture Global raised its cargo range guidance to 494-523 in 2026. | Intact | Cargo range falls below 486 in 2026 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 10, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
VG is an LNG growth and project-execution story with support from a favorable energy-sector backdrop. The long-term thesis is intact, though risk has recently moved from elevated to high and management execution is rated volatile.
The valuation evidence is mixed: VG is described as cheap versus peers, while a separate measure shows a 0.54 premium versus peers, and confidence in the model is low. Expectations appear broadly justified, with only a small expectations gap; the evidence does not show a high level of valuation fragility.
Near term, recent results show higher year-over-year LNG cargo exports, progress at Plaquemines and CP2, and an October earnings beat, while quarterly revenue was nearly unchanged. Management has raised guidance, but a reversal would damage credibility; recent earnings surprises are erratic, and a litigation filing adds to the risk picture.
Over the multi-year view, the thesis hinges on continued LNG export growth, project commissioning, and turning customer agreements into sustained sales. Near term, a guidance reversal would be a serious setback, while energy-sector support depends in part on whether ENB, WMB, and KMI continue to report strong results and raise guidance.
The 1-to-3-year read is an intact LNG growth thesis with tangible operating progress, but high risk and uneven execution make the outlook sensitive to guidance credibility and sector conditions. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| The company keeps paying a dividend of $0.02 per share. |
| Intact |
| Dividend per share falls below $0.02 in 2026-Q1 |
Dividend per share: $0.02 per share FY2026-Q2; GAAP. Published target: >=0.02 USD per share. The stored target says 2026-Q1; this source reports FY2026-Q2. Fiscal/calendar alignment needs review. Aug 10, 20260.018 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “1 • Other recent key financial milestones achieved during the second quarter through today include: ◦ Declared a dividend of $0.04 per share for the third quarter, an increase of 122%.” “Document Venture Global Reports First Quarter 2026 Results Summary Financial Highlights (in billions) Three months ended March 31, 2026 Revenue $4.6 Income from operations $1.2 Net income 1 $0.5 Consolidated Adjusted EBITDA 2 $1.4 ARLINGTON, Va., May 12, 2026 – Venture Global, Inc. ("Venture Global," "we," or "our") (NYSE: VG) has reported financial results for the quarter ended March 31, 2026.” Delivery assessment Nov 4, 2026 |
Operating income at least $1.15 billion in Q1 2026 | Operating income grew to $1.15 billion in Q1 2026. | Intact | Operating income falls below $1.04 billion in Q1 2026 | Operating income: $2.188B FY2026-Q2; GAAP. Published target: >=1.15 billion USD. The stored target says 2026-Q1; this source reports FY2026-Q2. Fiscal/calendar alignment needs review. Aug 10, 20262,188,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.72 → $1.23 · observed estimates
$15.92B → $17.52B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.72 | $15,923,266,026 | 10 / 9 |
| 2026-07-25 | $0.72 | $15,923,266,026 | 10 / 9 |
| 2026-07-26 | $0.72 | $15,909,913,777 | 10 / 9 |
| 2026-07-27 | $0.72 | $15,909,913,777 | 10 / 9 |
| 2026-07-28 | $1.01 | $16,258,947,000 | 8 / 12 |
| 2026-07-29 | $0.73 | $15,911,773,778 | 10 / 9 |
| 2026-07-30 | $0.73 | $15,911,773,778 | 10 / 9 |
| 2026-07-31 | $0.73 | $15,911,773,778 | 10 / 9 |
| 2026-08-01 | $0.73 | $15,911,773,778 | 10 / 9 |
| 2026-08-02 | $0.98 | $16,260,652,000 | 8 / 12 |
| 2026-08-03 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-04 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-05 | $0.98 | $16,260,652,000 | 8 / 12 |
| 2026-08-06 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-08 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-09 | $0.98 | $16,260,652,000 | 8 / 12 |
| 2026-08-10 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-12 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-13 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-14 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-15 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-16 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-17 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-18 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-19 | $0.72 | $15,911,773,778 | 10 / 9 |
| 2026-08-20 | $0.77 | $16,018,719,825 | 10 / 9 |
| 2026-08-21 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-22 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-23 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-24 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-25 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-26 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-27 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-28 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-29 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-30 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-08-31 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-09-01 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-09-02 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-09-03 | $0.79 | $16,018,719,825 | 10 / 9 |
| 2026-09-04 | $0.79 | $16,018,719,825 | 10 / 8 |
| 2026-09-05 | $0.80 | $16,018,719,825 | 10 / 8 |
| 2026-09-06 | $0.80 | $16,018,719,825 | 10 / 8 |
| 2026-09-07 | $0.80 | $16,018,719,825 | 10 / 8 |
| 2026-09-08 | $0.80 | $16,018,719,825 | 10 / 8 |
| 2026-09-09 | $0.80 | $16,018,719,825 | 10 / 8 |
| 2026-09-10 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-11 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-12 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-13 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-14 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-15 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-16 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-17 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-18 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-19 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-20 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-21 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-22 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-23 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-24 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-25 | $0.81 | $16,018,719,825 | 10 / 8 |
| 2026-09-26 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-09-27 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-09-28 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-09-29 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-09-30 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-01 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-02 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-03 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-04 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-05 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-06 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-07 | $0.85 | $16,175,463,191 | 10 / 8 |
| 2026-10-08 | $0.89 | $16,257,109,080 | 10 / 8 |
| 2026-10-09 | $0.89 | $16,325,059,534 | 10 / 8 |
| 2026-10-10 | $0.89 | $16,325,059,534 | 10 / 8 |
| 2026-10-11 | $0.91 | $16,325,059,534 | 10 / 8 |
| 2026-10-12 | $0.91 | $16,325,059,534 | 10 / 8 |
| 2026-10-13 | $0.95 | $16,326,059,534 | 10 / 8 |
| 2026-10-14 | $0.95 | $16,326,059,534 | 10 / 8 |
| 2026-10-15 | $1.00 | $16,585,526,625 | 10 / 8 |
| 2026-10-16 | $1.01 | $16,585,526,625 | 10 / 8 |
| 2026-10-17 | $1.01 | $16,585,526,625 | 10 / 8 |
| 2026-10-18 | $1.11 | $16,933,526,625 | 10 / 8 |
| 2026-10-19 | $1.11 | $16,933,526,625 | 10 / 8 |
| 2026-10-20 | $1.14 | $17,088,799,352 | 10 / 8 |
| 2026-10-21 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-22 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-23 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-24 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-25 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-26 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-27 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-28 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-29 | $1.24 | $17,582,014,980 | 10 / 8 |
| 2026-10-30 | $1.23 | $17,520,651,343 | 10 / 8 |
| 2026-10-31 | $1.23 | $17,520,651,343 | 10 / 8 |
| 2026-11-01 | $1.23 | $17,520,651,343 | 10 / 8 |
| 2026-11-02 | $1.23 | $17,520,651,343 | 10 / 8 |
| 2026-11-03 | $1.23 | $17,520,651,343 | 10 / 8 |
| 2026-11-04 | $1.23 | $17,520,651,343 | 10 / 8 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 11 Buy / Strong Buy · 7 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 2 recorded
1 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.