Venture Global's Basis Differential Headwinds Prompt Lower Q3 EBITDA Estimate, RBC Says

MT Newswires Live10-09 22:34

Venture Global's (VG) basis differential headwinds have prompted a lowering of the company's Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate, RBC Capital Markets said.

In a regulatory filing, the company reported 124 exported cargoes for Q3, which is modestly better than the midpoint of previous guidance and RBC's prior estimate of 122, the analysts said in a Thursday note.

Total weighted average liquefaction fee of $6.79 per MMBtu was in line with the analysts' estimates, but basis differential headwinds from Appalachia-sourced gas for the company's Plaquemines LNG facility in Louisiana have caused a revision of their Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate to $2.51 billion from $2.65 billion, slightly below the FactSet consensus of $2.61 billion.

The analysts said they anticipate Venture Global to report Q3 earnings in the second week of November, with the call expected to focus on the latest macro views, expectations for Q4 and 2027, and the contracting of capacity in the near and longer term, among other areas.

RBC reiterated its outperform rating and $16 price target on the company.

Price: 13.34, Change: +0.05, Percent Change: +0.38

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2674185049?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-09 22:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2674185049","market":"sg","top_or_hot":-1,"title":"Venture Global's Basis Differential Headwinds Prompt Lower Q3 EBITDA Estimate, RBC Says","media":"MT Newswires Live","content":"<html><body><p> Venture Global's (VG) basis differential headwinds have prompted a lowering of the company's Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate, RBC Capital Markets said.</p><p>In a regulatory filing, the company reported 124 exported cargoes for Q3, which is modestly better than the midpoint of previous guidance and RBC's prior estimate of 122, the analysts said in a Thursday note.</p><p>Total weighted average liquefaction fee of $6.79 per MMBtu was in line with the analysts' estimates, but basis differential headwinds from Appalachia-sourced gas for the company's Plaquemines LNG facility in Louisiana have caused a revision of their Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate to $2.51 billion from $2.65 billion, slightly below the FactSet consensus of $2.61 billion.</p><p>The analysts said they anticipate Venture Global to report Q3 earnings in the second week of November, with the call expected to focus on the latest macro views, expectations for Q4 and 2027, and the contracting of capacity in the near and longer term, among other areas.</p><p>RBC reiterated its outperform rating and $16 price target on the company.</p><p>Price: 13.34, Change: +0.05, Percent Change: +0.38</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Venture Global's Basis Differential Headwinds Prompt Lower Q3 EBITDA Estimate, RBC Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVenture Global's Basis Differential Headwinds Prompt Lower Q3 EBITDA Estimate, RBC Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-10-09 22:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Venture Global's (VG) basis differential headwinds have prompted a lowering of the company's Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate, RBC Capital Markets said.</p><p>In a regulatory filing, the company reported 124 exported cargoes for Q3, which is modestly better than the midpoint of previous guidance and RBC's prior estimate of 122, the analysts said in a Thursday note.</p><p>Total weighted average liquefaction fee of $6.79 per MMBtu was in line with the analysts' estimates, but basis differential headwinds from Appalachia-sourced gas for the company's Plaquemines LNG facility in Louisiana have caused a revision of their Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate to $2.51 billion from $2.65 billion, slightly below the FactSet consensus of $2.61 billion.</p><p>The analysts said they anticipate Venture Global to report Q3 earnings in the second week of November, with the call expected to focus on the latest macro views, expectations for Q4 and 2027, and the contracting of capacity in the near and longer term, among other areas.</p><p>RBC reiterated its outperform rating and $16 price target on the company.</p><p>Price: 13.34, Change: +0.05, Percent Change: +0.38</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VG","symbol_name":"Venture Global, Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2674185049","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2674185049","pubTimestamp":1791556456,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Venture Global's  basis differential headwinds have prompted a lowering of the company's Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate, RBC Capital Markets said.In a regulatory filing, the company reported 124 exported cargoes for Q3, which is modestly better than the midpoint of previous guidance and RBC's prior estimate of 122, the analysts said in a Thursday note.Total weighted average liquefaction fee of $6.79 per MMBtu was in line with the analysts' estimates, but basis differential headwinds from Appalachia-sourced gas for the company's Plaquemines LNG facility in Louisiana have caused a revision of their Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate to $2.51 billion from $2.65 billion, slightly below the FactSet consensus of $2.61 billion.The analysts said they anticipate Venture Global to report Q3 earnings in the second week of November, with the call expected to focus on the latest macro views, expe","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VG":"Venture Global, Inc.","BK4213":"石油与天然气的勘探与生产","BK4023":"应用软件"},"translate_title":"加拿大皇家银行表示，Venture Global 的基差阻力导致第三季度 EBITDA 预期下调","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VG":1.5},"content_text":"Venture Global's (VG) basis differential headwinds have prompted a lowering of the company's Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate, RBC Capital Markets said.In a regulatory filing, the company reported 124 exported cargoes for Q3, which is modestly better than the midpoint of previous guidance and RBC's prior estimate of 122, the analysts said in a Thursday note.Total weighted average liquefaction fee of $6.79 per MMBtu was in line with the analysts' estimates, but basis differential headwinds from Appalachia-sourced gas for the company's Plaquemines LNG facility in Louisiana have caused a revision of their Q3 adjusted earnings before interest, taxes, depreciation, and amortization estimate to $2.51 billion from $2.65 billion, slightly below the FactSet consensus of $2.61 billion.The analysts said they anticipate Venture Global to report Q3 earnings in the second week of November, with the call expected to focus on the latest macro views, expectations for Q4 and 2027, and the contracting of capacity in the near and longer term, among other areas.RBC reiterated its outperform rating and $16 price target on the company.Price: 13.34, Change: +0.05, Percent Change: +0.38","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2674185049","isCrawlerRequest":true}