Venture Global Shares Jump 28.8% on 53.7% Net Income Surge and $0.018 Dividend
Venture Global shares climbed 28.8% week-on-week after the New York Supreme Court upheld its legal victory over Shell and Goldman Sachs issued a buy rating with a $15 target. Full-year net income rose 53.7% to $2.26 billion on 177% revenue growth, with a $0.018 dividend declared.
1. Legal Victory Upheld
The New York Supreme Court upheld its earlier decision backing Venture Global in its dispute with Shell over liquefied natural gas sales. Shell had lost in August 2025 and failed to overturn the ruling in November, removing a major legal overhang for the company.
2. Exceptionally Strong Earnings Performance
Venture Global reported full-year net income attributable to shareholders of $2.26 billion, up 53.7% from $1.47 billion, on revenues of $13.77 billion, a 177% year-on-year increase. In the fourth quarter net income rose 22% to $1.067 billion and revenues nearly tripled to $4.4 billion.
3. Rating Upgrade and Price Target
Following the court ruling and robust financial results, Goldman Sachs upgraded the shares to a buy rating with a $15 price target, citing the legal milestone and strengthened cash flows as key drivers for further valuation upside.
4. Dividend Declaration and Timeline
Venture Global declared a $0.018 per share dividend for all Class A and B stockholders as of March 16, payable on March 31. This marks the company’s first distribution following the ramp-up of its flagship Plaquemine and other LNG export facilities.