What is the 13F Pro Quality Score for VG?

13F Pro ranks Venture Global, Inc. (VG) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View VG's current score at https://13fpro.ai/research/VG (free sign-up required for the full ranking).

Which hedge funds own the most VG stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of VG include Allianz Asset Management GmbH, D. E. Shaw & Co.,, BlackRock,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/VG as soon as new 13F filings post.

Where does 13F Pro source VG data?

All Venture Global, Inc. fundamentals and ownership data come directly from SEC EDGAR. Venture Global, Inc. files with the SEC under CIK 2007855. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is VG in?

Venture Global, Inc. (VG) is classified in the Energy sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/energy.

What drives VG's revenue?

Per Venture Global, Inc.'s latest 10-Q filed with the SEC on 2026-05-12, the biggest revenue drivers are: LNG revenue ($4,575M, +59% YoY); Other revenue ($24M, +71% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/VG.

What are VG's largest expenses?

Venture Global, Inc.'s latest 10-Q reports these as the largest expense items: Cost of sales ($2,784M, +163% YoY); Depreciation and amortization ($251M, +16% YoY); Operating and maintenance expense ($270M, +7% YoY). Sourced directly from SEC EDGAR filing text for Q1 2026 (quarter ended March 31, 2026).

How often is VG research updated on 13F Pro?

VG's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Venture Global, Inc.(VG)Stock Analysis

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SEC EDGAR: CIK 2007855 VG stock profile & AI dashboard →

13F Pro Quality Score

69.0/100

Rank #385 of 2,879 stocksTOP 25%

View Energy peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

97.5/100

Profitability

77.9/100

Balance Sheet

64.7/100

Earnings Quality

85.8/100

Free Cash Flow

8.9/100

Institutional Flow

22.2/100

Revenue Scale

89.7/100

Dilution Risk

81.3/100

VG Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Venture Global, Inc. (VG), a Energy sector company. 13F Pro's AI-powered ranking engine scores VG at 69.0/100 on a 32-signal composite quality model, placing it at rank #385 of 2,879 stocks — the top 25% of the AI-ranked universe. VG scores in the top quartile across revenue growth (97.5), revenue scale (89.7), earnings quality (85.8). Areas of concern include free cash flow (8.9) and institutional flow (22.2), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), Venture Global, Inc. reports quarterly revenue of $4.6B, net income of $625.0M, an operating margin of 25.0%. Top institutional holders of VG by reported 13-F value include Allianz Asset Management GmbH, D. E. Shaw & Co.,, BlackRock,, based on the most recent SEC filings. VG trades on the NYSE exchange and files with the SEC under CIK 2007855. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate VG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Venture Global, Inc. directly from SEC EDGAR.

What's Driving VG's Business? Latest 10-Q Breakdown

AI-extracted from Venture Global, Inc.'s 10-Q filed 2026-05-12 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Biggest Revenue Drivers

Total revenue: $4,599M+59% YoY

LNG revenue$4,575M+59% YoY

Higher sales volumes at Plaquemines from continued ramp-up of LNG production, partially offset by lower weighted average LNG sales prices.

Other revenue$24M+71% YoY

Miscellaneous revenue streams.

Largest Expense Items

Cost of sales$2,784M+163% YoY

Higher LNG sales volumes and higher costs of feed gas, partially offset by favorable change in fair value of natural gas supply contracts.

Depreciation and amortization$251M+16% YoY

Placing portion of Plaquemines assets and additional LNG tankers in service, partially offset by extension of useful lives of certain LNG facility assets.

Operating and maintenance expense$270M+7% YoY

Higher maintenance and operational insurance costs at Plaquemines, increased personnel costs at CP2, and higher LNG tanker and regasification costs.

Development expense$46M-75% YoY

Lower development costs at CP2 following its declaration as probable in 2025, after which majority of development costs were capitalized.

Watch Items from the Filing

Calcasieu Project involved in arbitration with BP claiming damages of $3.7B to $6.0B+ (no aggregate liability cap applicable per partial award issued October 2025); damages hearing scheduled May 2027. Two other customers claiming $2.4B+ aggregate damages, subject to disputed $425M liability cap.
CP2 Project achieved FID in March 2026 with $8.6B in additional financing; tariffs estimated to increase total project capital costs by approximately $600M as of March 31, 2026.
Calcasieu Project weighted average LNG price fell 42% YoY to $7.62/MMBtu due to transition from commissioning cargos (avg $13.03) to lower post-COD SPA prices; volumes only +13% YoY to 141.3 TBtu.
$336.5B in unsatisfied transaction price across contracted SPAs with 19.4-year weighted average recognition timing; Plaquemines Phase 1 & 2 COD expected 2026-2027, CP2 Phase 1 & 2 COD expected 2029-2030.
Geopolitical supply disruption (Iran war, Strait of Hormuz closure) in February 2026 increased demand and prices for non-Middle East LNG; duration and impact on future supply/pricing unknown.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$4.6B

Net Income

Q1 2026

$625.0M

Free Cash Flow

Q1 2026

$-2.4B

Operating Margin

Q1 2026

25.0%

ROIC

Q1 2026

2.6%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+176.9% YoY

$13.77BFY 2025

FY23 $7.90BFY24 $4.97BFY25 $13.77B

Operating Income

+192.5% YoY

$5.16BFY 2025

FY23 $4.85BFY24 $1.76BFY25 $5.16B

EPS (Diluted)

+859900.0% YoY

$0.86FY 2025

FY23 $0.00FY24 $0.00FY25 $0.86

Total Assets

+22.9% YoY

$53.45BFY 2025

FY23 —FY24 $43.49BFY25 $53.45B

Total Debt

+18.8% YoY

$35.02BFY 2025

FY23 —FY24 $29.47BFY25 $35.02B

Op. Cash Flow

+205.5% YoY

$6.57BFY 2025

FY23 $4.55BFY24 $2.15BFY25 $6.57B

Metric	FY 2025	FY 2024	FY 2023
Revenue	$13.77B +176.9%	$4.97B -37.0%	$7.90B
Operating Income	$5.16B +192.5%	$1.76B -63.6%	$4.85B
EPS (Diluted)	$0.86 +859900.0%	$0.00 -66.7%	$0.00
Total Assets	$53.45B +22.9%	$43.49B	—
Total Debt	$35.02B +18.8%	$29.47B	—
Operating Cash Flow	$6.57B +205.5%	$2.15B -52.8%	$4.55B

AI Insight: VG Financial Trends

Revenue surged 59% year-over-year to $4.6B in Q1 2026, but operating income collapsed 33% sequentially and operating cash flow halved.

• Revenue grew from $2.9B (Q1 2025) to $4.6B (Q1 2026), a 59% year-over-year increase driven by capacity ramp.

• Operating income peaked at $1.7B in Q4 2025 but fell to $1.2B in Q1 2026, down 33% sequentially.

• Total debt rose 24% from $29.5B (Q1 2025) to $36.7B (Q1 2026); equity grew 48% to $7.2B.

⚠ Operating cash flow dropped 64% from $2.1B (Q4 2025) to $763M (Q1 2026)—sharpest decline in dataset.

⚠ Debt-to-equity ratio deteriorated to 5.1x from 6.0x, as debt growth outpaced equity expansion.

AI Insight: VG Ratio Trends

Operating margin collapsed to 25.0% in Q1 2026, the lowest in two years, while ROIC fell 6pp from Q4 2025's peak.

• OpMargin declined sharply from 38.6% (Q4 2025) to 25.0% (Q1 2026), marking the steepest quarterly drop in the dataset.

• ROIC fell to 10.5% in Q1 2026 from 16.5% in Q4 2025, reversing four consecutive quarters of improvement.

• Debt-to-equity improved to 5.08 in Q1 2026 from 5.88 in Q3 2025, showing deleveraging despite margin pressure.

⚠ Q1 2026 margins and returns represent significant sequential deterioration; assess whether seasonal, structural, or operational.

⚠ TTM OpMargin (33.8%) masks Q1 2026 weakness; monitor Q2 2026 for trend reversal or continued decline.

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Available Research

13F Pro tracks comprehensive data for Venture Global, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of VG

Allianz Asset Management GmbH
$4.0B251,315,622 sh
D. E. Shaw & Co., Inc.
$211.3M13,410,074 sh
BlackRock, Inc.
$197.5M12,531,365 sh
STATE STREET CORP
$148.4M9,416,679 sh
VANGUARD CAPITAL MANAGEMENT LLC
$146.9M9,322,763 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$144.1M9,140,412 sh
NOMURA HOLDINGS INC
$101.0M6,411,700 sh
UBS Group AG
$95.9M6,087,037 sh
GOLDMAN SACHS GROUP INC
$88.5M5,613,672 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$87.4M5,547,800 sh

Fund	Value	Shares
Allianz Asset Management GmbH	$4.0B	251,315,622
D. E. Shaw & Co., Inc.	$211.3M	13,410,074
BlackRock, Inc.	$197.5M	12,531,365
STATE STREET CORP	$148.4M	9,416,679
VANGUARD CAPITAL MANAGEMENT LLC	$146.9M	9,322,763
VANGUARD PORTFOLIO MANAGEMENT LLC	$144.1M	9,140,412
NOMURA HOLDINGS INC	$101.0M	6,411,700
UBS Group AG	$95.9M	6,087,037
GOLDMAN SACHS GROUP INC	$88.5M	5,613,672
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$87.4M	5,547,800

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Is VG a good stock to buy?

13F Pro's AI-powered analysis of Venture Global, Inc. (VG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for VG are available on the VG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own VG?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling VG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Venture Global, Inc.'s investment landscape.