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Venture Global Advances CP2 LNG Phase 2 Expansion Agreement

Story Highlights
  • On January 30, 2026, Venture Global hired Worley to design and build key elements of Phase 2 of its CP2 LNG export project.
  • Worley will deliver warranted, performance-tested LNG facilities under a reimbursable target-price contract with schedule-based incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Venture Global Advances CP2 LNG Phase 2 Expansion Agreement

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Venture Global, Inc. Class A ( (VG) ) just unveiled an update.

On January 30, 2026, Venture Global CP2 LNG, LLC signed an engineering, procurement and construction contract with Worley Field Services Inc. for Phase 2 of its CP2 LNG export project, assigning Worley responsibility for detailed plant design, procurement of certain materials, construction management, installation and integration of critical LNG equipment, construction of an associated power plant, and overall project controls. Worley is required to deliver fully operational LNG export facilities that meet specified performance tests and extensive warranty standards, while being compensated under a reimbursable, target-price structure with limited adjustment rights and schedule- and milestone-based bonus incentives designed to enforce cost discipline, ensure quality, and promote on-time completion of Phase 2, with implications for the timely expansion of Venture Global’s LNG export capacity and its competitive positioning in the LNG market.

The most recent analyst rating on (VG) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Venture Global, Inc. Class A stock, see the VG Stock Forecast page.

Spark’s Take on VG Stock

According to Spark, TipRanks’ AI Analyst, VG is a Neutral.

The score is held back primarily by high leverage and very weak free cash flow despite strong margins. Technicals and a reasonable P/E provide support, while earnings-call results and guidance are broadly positive but tempered by arbitration risk and a slight guidance reduction; recent corporate events are net positive but add financing/leverage considerations.

To see Spark’s full report on VG stock, click here.

More about Venture Global, Inc. Class A

Venture Global, Inc., through its wholly owned subsidiary Venture Global CP2 LNG, LLC, operates in the liquefied natural gas (LNG) sector, focusing on the development and construction of LNG export facilities. The company’s CP2 Project aims to expand its LNG production and export capacity, positioning it as a significant player in global LNG markets.

Average Trading Volume: 11,847,908

Technical Sentiment Signal: Buy

Current Market Cap: $23.99B

Find detailed analytics on VG stock on TipRanks’ Stock Analysis page.

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