• The company struck two key agreements with France’s TotalEnergies and Swiss-based Vitol to supply them with U.S. LNG.
• For the first quarter, revenue came in at $4.6 billion and earnings per share (EPS) at $0.19, both ahead of estimates.
• Venture Global now expects earnings before interest, taxes, depreciation, and amortization between $8.2 billion and $8.5 billion for 2026.

Shares of liquefied natural gas producer Venture Global (VG) climbed on Tuesday after the company struck two key agreements with France’s TotalEnergies and Swiss-based Vitol to supply them with U.S. LNG and also delivered blowout first-quarter results.

At the time of writing, VG stock was up over 10% in premarket trading.

US LNG For International Partners

Under its new agreement with TotalEnergies, the company will supply about 0.85 million tonnes per annum (MTPA) of LNG for roughly five years starting from this year. On the other hand, Vitol has amended its existing five-year contract with Venture, entered earlier this year, to purchase 1.7 MTPA of LNG, up from 1.5 MTPA.

“These agreements reflect the continued confidence and trust in our ability to deliver reliable, low-cost U.S. LNG to global markets quickly and at scale as demand for energy security continues to grow,” said CEO Mike Sabel.

A Reuters report suggested that the deal with TotalEnergies is notable because it marks the first time the two have reached an official agreement. TotalEnergies previously bought Venture’s LNG on spot markets.

VG’s Q1 Results

For the first quarter (Q1), revenue surged 59% to $4.6 billion, significantly ahead of the Fiscal AI estimate of $3.85 billion. Earnings per share (EPS) came in at $0.19, ahead of the consensus estimate of $0.12.

For the full year, Venture Global increased its earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast to $8.2 billion to $8.5 billion, up from $5.2 billion to $5.8 billion and above the $7.64 billion estimate. It also expects to ship 494 to 523 LNG cargoes this year, up from the previously guided range of 486 to 527.

What Does Retail Think Of VG Stock?

On Stocktwits, retail sentiment about VG turned ‘bullish’ from ‘bearish' amid ‘extremely high’ message volumes over the last 24 hours.

One user on the platform cheered the report and said the stock is a hold for the next three years.

Another user also believes in the stock’s long-term story, while noting that the company stands to benefit from the ongoing U.S.-Iran war.

VG stock has gained over 70% so far this year and more than 17% over the past 12 months.

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