Venture Global is now quite a good story because it will have enough free cash flow to keep debt down while executing its long-term plan. Once locked-in underlying free cash flow tops $10 billion, risk falls by definition, and EBITDA could reach about $30 billion over the next three years, with far more production by 2029. Industry fees are rising with construction costs, so a $2.15 new-build baseline looks low. @ShaleTier7, whom the author answers, sees only about $2.2B a year contracted today. … Show more

Gaztransport & Technigaz can become a steady compounder as LNG demand surges. Its business is engineering and temperature-control expertise rather than commodity exposure, which makes it attractive. x.com 

Venture Global's Q2 was very solid, with locked-in contracts setting up cheaper financing. Revenue of $4.587 billion missed on timing, but EPS beat, the dividend rose to $0.04 and full-year EBITDA guidance rose $500-600 million. Contracted cargoes reached 91% for 2026 and 75% for 2027, struck at elevated TTF prices. That take-or-pay cash flow enabled $5.3 billion of refinancing saving $100 million a year, and with Plaquemines Phase I due in Q4, it expects better credit ratings next year. x.com  … Show more