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Venture Global lowers its profit forecast for 2025 due to volatile LNG prices and transport problems

Venture Global, a U.S.-based LNG company, lowered its 2025 full-year?core?profit forecast Monday. This was below Wall Street's expectations due to price volatility and shipping restrictions. Venture Global said that changes in Henry Hub and International LNG prices as well as the limited availability of vessels in the Atlantic basin affected volume and pricing. The second-largest American LNG exporter is now forecasting a core profit between $6,18 billion and $6.24?billion in 2025. This is down from the previous estimate of $6.35?billion to $6.50 billion. In mid-morning trade, shares fell by approximately 3% to just under $7.

According to data compiled LSEG, analysts expected a core profit of $6.36 Billion for the?year.

The company reported that it had accelerated'scheduled maintenance' late in the quarter and used its fleets of owned and chartered ships to mitigate the impact of tight shipping markets.

LNG firm says forward prices for vessels in February or March have improved from the year-end 2025 levels. Venture Global shipped 128 cargoes during the fourth quarter 2025. Of these, 38 were from its Calcasieu Pass facility and 90 from its Plaquemines location.

The liquefaction fee at Venture Global’s Plaquemines facility, where it sells its LNG at the spot market and all of it, was much higher than the liquefaction fee at the Calcasieu Pass facility, where a long-term contract is signed with customers such as Shell and BP.

In its Monday filing, Plaquemines reported that the weighted average fixed fee for liquefaction at the fourth quarter of 2025 would be $6.02 per mbtu. This is almost three times higher than the $2.01 a mbtu charged by Calcasieu Pass.

Venture Global has seen its share price fall by more than 70% in the past year since it went public. It also faces numerous arbitration cases related to delays with previous commissioning. Reporting by Tanay dhumal from Bengaluru, and Curtis Williams from Houston; editing by Krishna Chandra Eluri and Nathan Crooks

(source: Reuters)