NextDecade Corporation (NEXT)

NASDAQ: NEXT · IEX Real-Time Price · USD
7.93
+0.95 (13.61%)
May 20, 2024, 1:08 PM EDT - Market open
13.61%
Market Cap 2.05B
Revenue (ttm) n/a
Net Income (ttm) -120.35M
Shares Out 257.99M
EPS (ttm) -0.88
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,014,537
Open 7.40
Previous Close 6.98
Day's Range 7.39 - 8.24
52-Week Range 4.01 - 8.74
Beta 1.29
Analysts Strong Buy
Price Target 8.50 (+7.19%)
Earnings Date May 9, 2024

About NEXT

NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. It focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas; and a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities. The company is also involved in sale of liquefied natural gas (LNG); and capture and storage of CO2 ... [Read more]

Sector Energy
CEO Matthew K. Schatzman
Employees 147
Stock Exchange NASDAQ
Ticker Symbol NEXT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for NEXT stock is "Strong Buy." The 12-month stock price forecast is $8.5, which is an increase of 7.19% from the latest price.

Price Target
$8.5
(7.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ADNOC buys stake in NextDecade's Rio Grande LNG, inks supply deal

Abu Dhabi National Oil Company (ADNOC) on Monday said it has acquired an 11.7% stake in phase 1 of NextDecade's Rio Grande LNG export facility and entered into LNG supply agreement.

6 hours ago - Reuters

ADNOC Secures Equity Position and LNG Offtake Agreement in NextDecade's Rio Grande LNG Project

HOUSTON--(BUSINESS WIRE)--ADNOC announced today the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade Corporation's (NextDecade) (Nasdaq: NEXT) Rio Grande LNG (RGLNG), a leading lique...

7 hours ago - Business Wire

NextDecade Provides First Quarter 2024 Business Update

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the first quarter 2024 and early seco...

10 days ago - Business Wire

NextDecade Provides Fourth Quarter 2023 Business Update

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the fourth quarter 2023 and early 202...

2 months ago - Business Wire

What Biden's decision to pause new U.S. LNG exports means for the energy market

The Biden administration's announcement Friday that it's pausing liquefied natural gas export approvals sparked political backlash, drew cheers from climate activists and stoked uncertainty in energy ...

Other symbols: BKRGTLS
4 months ago - Market Watch

TotalEnergies says it has no plans to sell shares in NextDecade

French company TotalEnergies has no current plans to sell its shares in U.S. liquefied natural gas (LNG) company NextDecade , it said on Thursday after market speculation over a potential sale.

Other symbols: TTE
4 months ago - Reuters

NextDecade Announces $50 Million Senior Secured Revolving Credit Facility and $12.5 Million Interest Term Loan

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that its wholly owned subsidiary, NextDecade LNG, LLC, has entered into a credit agreement with MUFG Bank, ...

4 months ago - Business Wire

NextDecade Provides Third Quarter 2023 Business Update

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the third quarter 2023. CEO Commentar...

6 months ago - Business Wire

NextDecade Announces $356 Million of Senior Loans for Rio Grande LNG Phase 1

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that its subsidiary, Rio Grande LNG, LLC (RGLNG), has entered into a credit agreement with a group of lende...

8 months ago - Business Wire

NextDecade shares fall 23% as LNG project funding disappoints investors

NextDecade Corp shares fell 23% on Thursday on investor worries over the terms of $18.4 billion financing the U.S. liquefied natural gas developer obtained to go ahead with the long-delayed Phase 1 of...

11 months ago - Reuters

NextDecade Announces Positive Final Investment Decision on Rio Grande LNG Phase 1

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three lique...

11 months ago - Business Wire

NextDecade Announces Bank Commitments and Updated FID Timing for Rio Grande LNG

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that Rio Grande LNG (RGLNG) has received binding commitments from a syndicate of lenders in an amount suffi...

11 months ago - Business Wire

NextDecade stock soars on TotalEnergies deal to buy $219 mln stake

Shares of NextDecade jumped more than 30% in premarket trading on Wednesday after French energy major TotalEnergies said it would buy 17.5% of the U.S. liquefied natural gas developer for $219 million...

Other symbols: TTE
1 year ago - Reuters

TotalEnergies to buy $219 mln stake in LNG developer NextDecade

TotalEnergies will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade for $219 million, the French group said on Wednesday, as part of a broader deal to enable the Texas company's Ri...

Other symbols: TTE
1 year ago - Reuters

NextDecade Announces Framework Agreements with Global Infrastructure Partners and TotalEnergies to Support the Development of the Rio Grande LNG Project

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) today announced that it has entered into framework agreements with Global Infrastructure Partners (GIP) and TotalEnergies (...

Other symbols: TTE
1 year ago - Business Wire

NextDecade to Establish Permanent Conservation at the Las Lomas Area

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) plans to acquire from the Brownsville Navigation District (BND) 1,500 acres of the Las Lomas ecological preserve as part of...

1 year ago - Business Wire

NextDecade Clarifies Recent News Articles about its Financial Advisors

HOUSTON--(BUSINESS WIRE)--Following recent news articles about its financial advisors, NextDecade Corporation (NextDecade) (NASDAQ: NEXT) is clarifying the following: Macquarie Capital (USA) Inc. has ...

1 year ago - Business Wire

NextDecade and Itochu Corporation Execute 1.0 MTPA LNG Sale and Purchase Agreement

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today the execution of a 15-year sale and purchase agreement (SPA) with Itochu Corporation (Itochu) for the sup...

1 year ago - Business Wire

NextDecade increases LNG supply volume in deal with China's ENN

U.S. liquefied natural gas (LNG) developer NextDecade Corp announced it will increase the volume of LNG supplies in a sales and purchase agreement signed with China's ENN Natural Gas Co. Ltd..

1 year ago - Reuters

NextDecade Announces Increase of ENN LNG Sale and Purchase Agreement

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today a volume increase of the sale and purchase agreement (SPA) with ENN LNG (Singapore) Pte Ltd (ENN), a whol...

1 year ago - Business Wire

NextDecade and Galp Execute 1.0 MTPA LNG Sale and Purchase Agreement

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today the execution of a sale and purchase agreement (SPA) with Galp Trading S.A. (Galp), for the long-term sup...

1 year ago - Business Wire

Most Oversold Stocks In The Energy Sector: NextDecade And More - Ecoark Hldgs (NASDAQ:ZEST), NextDecade (NASDAQ:NEXT)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. Here's the latest list of major oversold players in this sector, having an RSI near or below 30...

1 year ago - Benzinga

NextDecade Announces $85 Million Private Placement of Common Stock

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (“NextDecade or the “Company”) (NASDAQ: NEXT) today announced a private placement of common stock pursuant to which NextDecade will sell $85 million of...

1 year ago - Business Wire

NextDecade Announces 1.0 MTPA LNG Sale and Purchase Agreement with ExxonMobil

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (“NextDecade”) (NASDAQ: NEXT) announced today the execution of a 20-year sale and purchase agreement (“SPA”) with ExxonMobil LNG Asia Pacific (“EMLAP”)...

1 year ago - Business Wire

NextDecade Announces 1.0 MTPA LNG Sale and Purchase Agreement With Guangdong Energy Group

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (“NextDecade”) (NASDAQ: NEXT) announced today the execution of a 20-year sale and purchase agreement (“SPA”) with Guangdong Energy Group for the supply...

2 years ago - Business Wire