Venture Global, Inc. (NYSE:VG – Get Free Report) announced a quarterly dividend on Tuesday, June 2nd. Shareholders of record on Monday, June 15th will be given a dividend of 0.018 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th.
Venture Global Stock Down 2.4%
VG stock opened at $12.38 on Wednesday. The company has a debt-to-equity ratio of 3.40, a quick ratio of 0.80 and a current ratio of 0.87. The stock has a market capitalization of $30.76 billion, a P/E ratio of 13.76, a PEG ratio of 0.58 and a beta of 0.27. The company has a 50 day moving average price of $13.63 and a two-hundred day moving average price of $10.41. Venture Global has a one year low of $5.72 and a one year high of $19.50.
Venture Global (NYSE:VG – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.12 by $0.07. The company had revenue of $4.60 billion during the quarter. Venture Global had a return on equity of 26.90% and a net margin of 16.94%.The business’s revenue for the quarter was up 58.9% on a year-over-year basis. As a group, sell-side analysts expect that Venture Global will post 1.39 EPS for the current year.
Key Headlines Impacting Venture Global
- Positive Sentiment: US Capital Advisors raised earnings estimates across multiple periods for Venture Global, including FY2026, FY2027, and several 2027 quarters, suggesting improved profitability expectations ahead. US Capital Advisors estimate boosts for Venture Global
- Positive Sentiment: The analyst also increased FY2028 EPS estimates, indicating a more optimistic long-term earnings outlook for Venture Global. US Capital Advisors FY2028 estimate increase
- Neutral Sentiment: Venture Global announced a quarterly cash dividend of $0.018 per share, signaling a shareholder return policy but with a relatively small yield. Record date for cash dividend
- Neutral Sentiment: The company also priced and launched a $2.25 billion senior secured notes refinancing, which may strengthen the balance sheet but increases leverage-related focus for investors. Pricing of senior secured notes
Venture Global Company Profile
Venture Global (NYSE: VG) is a Houston-based energy company that develops, constructs and operates large-scale liquefied natural gas (LNG) export facilities in the United States. The company focuses on converting domestically produced natural gas into LNG for shipment to international markets, positioning itself as a supplier of pipeline-quality gas in vessel-ready form for global customers.
Venture Global’s core activities include site development, engineering and construction of liquefaction and export terminals, commissioning and ongoing operations of those facilities, and commercial marketing of LNG under both long-term and short-term contracts.
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