CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 13F: Adds $6.1M to VG Stake

Cushing Asset Management has increased its stake in Venture Global, Inc. (VG) by 481,000 shares, bringing its total holdings to 1.87 million shares. This change, reported in a filing on October 26, 2026, represents a 34.6% increase in its position, with a reported value of approximately $23.6 million.

VG Venture Global, Inc.

$13.76 ▲ +96.57% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Venture Global Fits in Cushing Asset Management's Portfolio

Cushing Asset Management now holds about 1.67% of its total 13F portfolio in Venture Global, ranking 22nd among its 73 reported positions.

Other Institutional Activity in Venture Global

Allianz Asset Management GmbH reduced its holdings by 79,068,453 shares, leaving it with 172,261,658 shares valued at about $2.37 billion. Shaw D.E. & Co., Inc. increased its stake by 2,234,133 shares, totaling 15,644,297 shares worth approximately $215.3 million. Blackstone Inc. added 14,091,170 shares, bringing its total to 14,291,170 shares valued at $196.6 million.

Venture Global, Inc. Stock Down 1.7%

As of the close on October 26, 2026, Venture Global shares were trading at $13.76. This price is about equal to the recent trading level, but it is 21.9% below the 52-week high of $17.62. The stock is currently above its 52-week low of $5.72, indicating a solid recovery.

Recent Earnings

Venture Global reported trailing twelve-month revenue of $16.95 billion, with a net margin of 22.1%. The next earnings report is scheduled for November 10, 2026.

Dividend

Venture Global pays an annual dividend of $0.16 per share, which translates to a yield of 1.16%. This is a modest payout compared to its revenue growth of 47.6% year-over-year.

Insider Buying and Selling at Venture Global, Inc.

Recently, several insiders sold shares. Keith D. Larson, General Counsel, sold 2,350,000 shares on September 9, 2026, while Chief Operating Officer Brian Christopher Cothran sold 152,660 shares on September 14, 2026, at an average price of $16.15. Chief Financial Officer Jonathan W. Thayer sold 222,222 shares on both September 18 and October 20, 2026.

Analysts Set New Price Targets

On October 20, 2026, Wells Fargo upgraded Venture Global to an Overweight rating with a target price of $21.00, up from $15.00. The current consensus among analysts is a 'buy' rating with a mean target price of $17.22, reflecting optimism about the company's growth potential.

About Venture Global, Inc.

Venture Global, Inc. is a liquefied natural gas (LNG) company that develops and operates LNG production facilities and related infrastructure in the United States and internationally. The company is engaged in LNG production, natural gas transportation, and regasification operations.

Bottom Line

Investors should keep an eye on Venture Global as it approaches its next earnings date on November 10, 2026. Cushing Asset Management's recent increase in stake suggests confidence in the company's prospects, while ongoing insider sales may warrant further investigation.