Venture Global lowers its profit forecast for 2025 due to volatile LNG prices and transport problems
Venture Global, an LNG company, cut its "full-year core profit forecast" for 2025 on Monday. This was lower than Wall Street expectations, due to price volatility and shipping restrictions.
Venture Global stated that changes in Henry Hub prices and international LNG were affecting volume and pricing, as well as the limited availability of vessels in the Atlantic basin.
The company said it had 'advanced scheduled maintenance late in quarter, and used its fleet of owned and chartered ships 'to reduce some of the impact on shipping markets.
The LNG firm stated that the forward price for these factors in February or March is better than what it was at year-end 2025.
The company reported that it exported 128 loads in the fourth quarter of 2025, 38 from its Calcasieu Pass facility and 90 from Plaquemines.
Venture's 2025 core profits are expected to be between $6.18 and $6.24 trillion, up from its previous estimate of $6.35-$6.50 trillion.
According to data compiled by LSEG, analysts on average expected a core profit of $6.36billion for the year. (Reporting from Tanay Dhumal, Bengaluru. Editing by Krishna Chandra Eluri.)
(source: Reuters)
