Venture global CCO Earl Thomas sells $6.85m in shares

Published 18/09/2025, 01:02
Venture global CCO Earl Thomas sells $6.85m in shares

Venture Global, Inc. NASDAQ:VG Chief Commercial Officer Earl Thomas, sold 500,000 shares of Class A Common Stock on September 15, 2025, for a total of $6.85 million. The shares were sold at prices ranging from $13.61 to $13.76. The company, currently valued at $34.2 billion, operates with a concerning debt-to-equity ratio of 5.87x and negative free cash flow yield, according to InvestingPro data.

According to a Form 4 filing with the Securities and Exchange Commission, on the same day, Thomas also exercised options to acquire 500,000 shares of Class A Common Stock at a price of $0.79, totaling $395,000. Following the sale, Thomas directly holds zero shares of Class A Common Stock. For deeper insights into Venture Global’s valuation and financial health metrics, including 8 key ProTips, check out the comprehensive research report available on InvestingPro.

The exercised options are immediately exercisable and expire on July 18, 2027.

In other recent news, Venture Global has been the focus of several analyst updates and developments. Deutsche Bank upgraded the company’s stock rating from Hold to Buy, setting a price target of $17.00 after a visit to the Plaquemines LNG facility in Louisiana. UBS also upgraded Venture Global from Neutral to Buy, maintaining an $18.00 price target, citing a stronger-than-expected volume ramp at the Plaquemines project. The project exported 51 cargoes in the second quarter of 2025, surpassing the fully ramped Calcasieu Pass facility by 13 cargoes. Additionally, Goldman Sachs reiterated its Buy rating with an $18.00 price target, highlighting recent positive news, including new SPAs and favorable arbitration outcomes.

Wells Fargo raised its price target for Venture Global to $14.00 from $12.00, maintaining an Equal Weight rating after the company’s Q2 earnings beat. UBS maintained its Buy rating and $18.00 price target following a visit to the Plaquemines facility, noting the scale of operations and production timeline. Venture Global reported a record 89 total cargoes in Q2 2025, up from 63 in Q1 2025 and 36 in Q2 2024. These developments reflect the company’s strategic progress and operational achievements.

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