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Venture Global, Inc. (VG) company profile

VGNYSENatural Gas DistributionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 7/3052% below fair value
$13.14−0.12 (-0.90%)

Close on Nov 13, 2026Market cap $32.85BP/E 6.3Yield 0.23%

About Venture Global

Natural Gas Distribution, SIC 4924

Venture Global operates as an integrated producer and exporter across the liquefied natural gas supply chain, transforming North American feed gas into liquefied natural gas for delivery to international energy markets. Its operations encompass natural gas liquefaction, pipeline transportation networks, maritime transport via dedicated tanker vessels, regasification services, and carbon capture initiatives. The business markets fuel through long-term sales and purchase agreements, commissioning sales, and excess production arrangements, serving wholesale energy counterparties, global utilities, and downstream gas distributors.

The company's liquefaction facilities and supporting pipeline infrastructure are situated in Louisiana, including the operational Calcasieu facility alongside the Plaquemines and CP2 projects under construction. Logistical operations include fleet transport and regasification capacity secured in Greece and the United Kingdom. Liquefaction equipment is prefabricated in Italy before shipment to domestic project sites. The provided text does not identify the city or location of the company's corporate headquarters.

Summary of the business section of Venture Global's latest annual report, written by StockData.

Company profile

Company

Legal name
Venture Global, Inc.
Headquarters
Arlington, VA
Address
1001 19th Street North, Suite 1500 22209
Phone
(202) 759-6740
Employees
2,000, Dec 31, 2025
Industry
Natural Gas Distribution
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Ernst & Young LLP, Tysons, VA

Stock & identifiers

Ticker
VG
Exchange
NYSE
IPO date
Jan 24, 2025
Shares outstanding
2.50B, Jul 31, 2026
Public float
$7.10B, Jun 30, 2025
Filer category
Non-accelerated filer
SEC CIK
2007855
CUSIP
92333F101
ISIN
US92333F1012
FIGI
BBG01RGY23K6
Share class FIGI
BBG01RGY24F0
LEI
2549007XC91CAB3E0N98
EIN
93-3539083

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Michael SabelSee Remarks, Director1,187,111
Robert B. PenderSee Remarks, Director1,187,111
Venture Global Partners II, LLCSee Remarks, Director1,968,604,458
Fory MusserSenior VP, Development0
Jonathan W. ThayerChief Financial Officer0
Keith D. LarsonGeneral Counsel and Secretary0
Brian CothranChief Operating Officer152,660
Sarah BlakeSVP, Chief Accounting Officer0
Thomas EarlChief Commercial Officer1,000,000
Sari Beth GranatDirector0
Jimmy D. StatonDirector1,083,000
Thomas J. ReidDirector–
Andrew J. OrekarDirector–
Roderick ChristieDirector–

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$39.10M$39.10M$9.82M$29$102
FY2024$36.29M$36.29M$11.89M$0$0

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusOtherTotalvs. prior year
Michael Sabel
Chief Executive Officer, Executive Co-Chairman and Founder
$7.43M$28.00M$3.67M$39.10M+8%
Jonathan Thayer
Chief Financial Officer
$1.50M$7.56M$21.06K$9.08M+43%
Robert Pender
Executive Co-Chairman and Founder
$3.43M$9.00M$51.48K$12.48M-56%
Thomas Earl
Chief Commercial Officer
$1.50M$7.59M$36.00K$9.12M+43%
Keith Larson
General Counsel and Secretary
$1.50M$7.06M$21.06K$8.58M+36%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Jan 24, 2025
Offer price
$25.00
Securities offered
70,000,000
Gross proceeds
$1.75B
Exchange
NYSE
Lock-up ends (est.)
Jul 23, 2025

“The initial public offering price is $25.00 per share.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had over 2,000 full-time employees working on our EPCM, project development, project financing, corporate finance, legal, and LNG marketing teams.”

Corporate history

Events identified from SEC filings

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