Venture Global Approves $0.018 Dividend After Shares Soar 10% on Court Win
Venture Global’s board approved a $0.018 cash dividend per share for shareholders on record March 16, payable March 31, after shares jumped 10.04%. The New York Supreme Court upheld its LNG sale ruling over Shell, and last year net income rose 53.7% to $2.26 billion on 177% revenue growth.
1. Dividend Approval and Share Reaction
Venture Global’s board approved a $0.018 per share cash dividend for shareholders of record March 16, payable March 31, driving shares up 10.04% as investors positioned for the payout.
2. Legal Victory Over Shell
The New York Supreme Court upheld a previous ruling that Shell’s LNG sale violated contract terms, resolving a dispute first decided in August 2025. This legal clarity removes a major overhang on Venture Global’s business and supports its project expansion plans.
3. Financial Results and Analyst Outlook
For 2025, net income attributable to shareholders climbed 53.7% to $2.26 billion on 177% revenue growth to $13.77 billion; Q4 net income rose 22% to $1.067 billion and revenues nearly tripled to $4.4 billion. Following these results and the court ruling, Goldman Sachs upgraded the stock to buy with a $15 price target.