Key Points
- Director Jimmy Staton sold 66,000 Venture Global shares for approximately $881,100, reducing his ownership by 5.74% to 1.083 million shares.
- Venture Global reported quarterly earnings of $0.51 per share, slightly above estimates, on $4.58 billion in revenue. The company also doubled its quarterly dividend to $0.04 per share.
- Analyst sentiment remains moderately positive, with an average rating of “Moderate Buy” and a $16.12 price target, although Zacks downgraded the stock to “Hold” amid debt, legal and LNG-pricing risks.
Venture Global, Inc. (NYSE:VG - Get Free Report) Director Jimmy Staton sold 66,000 shares of the firm's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $13.35, for a total value of $881,100.00. Following the completion of the transaction, the director directly owned 1,083,000 shares in the company, valued at $14,458,050. The trade was a 5.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Venture Global Stock Up 3.4%
VG stock opened at $14.01 on Friday. The business's 50-day moving average price is $12.55 and its 200-day moving average price is $12.39. The stock has a market cap of $34.79 billion, a P/E ratio of 11.03, a PEG ratio of 0.58 and a beta of 0.22. Venture Global, Inc. has a twelve month low of $5.72 and a twelve month high of $17.62. The company has a quick ratio of 0.80, a current ratio of 1.19 and a debt-to-equity ratio of 3.44.
Venture Global (NYSE:VG - Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.01. The company had revenue of $4.58 billion during the quarter. Venture Global had a net margin of 21.24% and a return on equity of 34.08%. On average, equities research analysts forecast that Venture Global, Inc. will post 1.56 EPS for the current year.
Venture Global Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, September 15th. This is a positive change from Venture Global's previous quarterly dividend of $0.02. Venture Global's dividend payout ratio is currently 12.60%.
Wall Street Analyst Weigh In
A number of analysts have issued reports on VG shares. Citigroup upgraded shares of Venture Global from a "neutral" rating to a "buy" rating and lifted their price target for the company from $12.00 to $17.00 in a report on Wednesday, May 13th. Zacks Research downgraded Venture Global from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Morgan Stanley increased their price target on Venture Global from $20.00 to $22.00 and gave the company an "overweight" rating in a research note on Wednesday, May 13th. The Goldman Sachs Group set a $18.00 price target on Venture Global in a report on Thursday, May 14th. Finally, Royal Bank Of Canada lifted their price objective on Venture Global from $14.00 to $16.00 and gave the stock an "outperform" rating in a research note on Friday, April 17th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $16.12.
Check Out Our Latest Report on VG
Institutional Trading of Venture Global
A number of large investors have recently made changes to their positions in the business. Kestra Private Wealth Services LLC raised its position in shares of Venture Global by 8.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 12,429 shares of the company's stock valued at $196,000 after buying an additional 1,004 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its position in Venture Global by 8.8% in the fourth quarter. Summit Financial Wealth Advisors LLC now owns 14,336 shares of the company's stock worth $98,000 after acquiring an additional 1,161 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its stake in Venture Global by 11.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 12,254 shares of the company's stock worth $84,000 after acquiring an additional 1,215 shares during the last quarter. CWM LLC raised its position in Venture Global by 24.1% during the fourth quarter. CWM LLC now owns 7,014 shares of the company's stock valued at $48,000 after purchasing an additional 1,363 shares during the period. Finally, Wells Fargo & Company MN raised its position in Venture Global by 1.5% during the fourth quarter. Wells Fargo & Company MN now owns 93,615 shares of the company's stock valued at $638,000 after purchasing an additional 1,407 shares during the period.
Key Venture Global News
Here are the key news stories impacting Venture Global this week:
- Positive Sentiment: Morgan Stanley initiated or reiterated a Buy rating on Venture Global, supporting the stock’s positive momentum and signaling confidence in its growth outlook. Venture Global receives a Buy from Morgan Stanley
- Positive Sentiment: Wells Fargo projected substantial appreciation potential for VG, adding to the constructive analyst sentiment surrounding the LNG producer. Wells Fargo forecasts strong price appreciation for Venture Global
- Positive Sentiment: Venture Global’s contracted LNG growth provides revenue visibility, while its momentum ranking remains strong in Zacks’ stock-selection framework. These factors may appeal to investors seeking exposure to expanding global LNG demand. Venture Global is a top-ranked momentum stock
- Neutral Sentiment: Global LNG markets have been reshaped by supply disruptions, including QatarEnergy’s reported production halt following military strikes. Tighter supply could support LNG prices and producers, but the broader market impact remains uncertain. The global gas market has shifted
- Negative Sentiment: Zacks Research downgraded VG from “Strong Buy” to “Hold,” citing a more balanced risk-reward profile. Rising debt, arbitration claims and potential LNG pricing pressure could limit further upside. Is VG stock a buy amid LNG growth, debt and legal risk?
- Negative Sentiment: Several insiders reported sizable stock sales: Director Jimmy Staton sold 66,000 shares, Director Sari Beth Granat sold 200,000 shares, and Chief Accounting Officer Sarah Blake sold 1 million shares. The transactions may weigh on sentiment by suggesting insiders are taking profits after the recent advance. Venture Global insider sale filing
About Venture Global
(
Get Free Report)
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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