Looking at the filing, I can confirm this is a Form 10-Q filed by Venture Global, Inc. with Class A common stock trading as VG on the New York Stock Exchange, for the quarterly period ended September 30, 2026. The filing content provided is primarily the cover page and glossary section. I will build the article from the verifiable facts present.

Venture Global, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 10, 2026, covering the company's financial condition and operations as a liquefied natural gas producer.

Key Highlights

  • Share count: As of October 30, 2026, Venture Global reported 549,044,584 shares of Class A common stock outstanding and 1,968,604,458 shares of Class B common stock outstanding.
  • Exchange listing: Class A common stock trades under the symbol VG on the New York Stock Exchange (NYSE:VG), with a par value of $0.01 per share.
  • Non-accelerated filer: The company is classified as a non-accelerated filer and is not an emerging growth company, according to the filing.
  • LNG infrastructure: The filing references the Blackfin Pipeline, described as an approximately 3.3 Bcf/d natural gas pipeline system linking Colorado County to Jasper County in Texas, developed through a joint venture.
  • IPO reference: The filing states that Venture Global completed its initial public offering of Class A common stock on January 27, 2025.
  • Filer status: The registrant confirmed it has filed all required reports during the preceding 12 months and has submitted all required Interactive Data Files electronically.

Venture Global's LNG Operations and Capital Structure in Q3 2026

Venture Global, Inc. (NYSE:VG), a Delaware-incorporated liquefied natural gas company headquartered at 1001 19th Street North, Suite 1500, Arlington, Virginia, filed its quarterly report covering the period ended September 30, 2026. The company describes LNG as methane "supercooled to -260°F and converted into a liquid state, which reduces it to 1/600th of its original volume, enabling large quantities of natural gas to be loaded and shipped by LNG tankers," according to the filing's glossary.

The filing discloses two classes of common stock. As of October 30, 2026, Class A common stock outstanding totaled 549,044,584 shares, while Class B common stock outstanding totaled 1,968,604,458 shares. The company completed its initial public offering of Class A common stock on January 27, 2025, as stated in the filing. Venture Global is classified as a non-accelerated filer under the definitions of Rule 12b-2 of the Exchange Act and confirmed it is not a shell company.

The quarterly report includes references to several key operational and financing concepts. The Blackfin Pipeline, an approximately 3.3 Bcf/d natural gas pipeline system in Texas, is described as a joint venture between the company, through its wholly-owned subsidiary Venture Global Midstream Holdings, LLC, and WhiteWater Development LLC. The filing also defines commercial operations date (COD) as the first day of commercial operations at a project or phase, subject to specific completion and notification conditions. Revenue recognition for commissioning cargo sales proceeds shifts from a reduction of construction-in-progress cost basis to recognized revenue after assets are placed in service from an accounting perspective, according to the filing.

What Was Disclosed

Venture Global, Inc. submitted its quarterly report for the period ended September 30, 2026, disclosing share counts for both Class A and Class B common stock as of October 30, 2026, its non-accelerated filer classification, and key operational definitions related to its LNG business and pipeline joint venture.