NextDecade
NEXT
Market cap $1.41B

5.45 USD

-0.24

4.22%

At close Oct 17, 4:00 PM EDT

After hours

5.50

+0.05

0.92%

1 day

-4.22%

5 days

4.61%

1 month

9.88%

3 months

-30.13%

6 months

-9.02%

Year to date

16.45%

1 year

19.26%

5 years

-14.71%

About: NextDecade Corp is a energy company predominantly engaged in construction and development activities related to the liquefaction of natural gas and sale of LNG and the capture and storage of CO2 emissions. The company provides a number of services depending on the individual needs of the customer. These include the supply and trade of LNG volumes, the creation of new natural gas infrastructure including pipeline and natural gas liquefaction facilities, treatment and processing of natural gas into LNG, as well as technical engineering and design services related to the development and execution of natural gas infrastructure, transporting, shipping and storage of LNG.

Employees: 147

Utilities Natural Gas Transmission & Distribution

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

664% more call options, than puts

Call options by funds: $20.4M | Put options by funds: $2.67M

125% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 16

97% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 29

30% more capital invested

Capital invested by funds: $1B [Q1] → $1.3B (+$300M) [Q2]

17% more funds holding

Funds holding: 119 [Q1] → 139 (+20) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 7 (+0) [Q2]

5.21% less ownership

Funds ownership: 68.89% [Q1] → 63.69% (-5.21%) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for NEXT.

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

NextDecade (NEXT) Scraps CCS Application for Rio Grande LNG

NextDecade (NEXT) remains committed to advancing carbon capture and storage technology despite withdrawing its CCS application at the Federal Energy Regulatory Commission.

NextDecade (NEXT) Scraps CCS Application for Rio Grande LNG

NextDecade Withdraws Carbon Capture and Storage Application at FERC

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that its subsidiary Rio Grande LNG, LLC withdrew its application at the Federal Energy Regulatory Commission (FERC) for the proposed carbon capture and storage (CCS) project at the Rio Grande LNG facility and requested that the FERC terminate the CCS proceeding. “We appreciate the FERC's diligence during the review process,” said NextDecade Chairman and CEO Matt Schatzman. “The CCS projec.

NextDecade Withdraws Carbon Capture and Storage Application at FERC

NextDecade Provides Second 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 second quarter and early third quarter 2024. CEO Commentary “NextDecade has recently made excellent strides toward achieving its dual goals of constructing Phase 1 at the Rio Grande LNG Facility safely, on schedule, and on budget, and progressing Train 4 expansion capacity toward a positive Final Investment Decision (FID),” said M.

NextDecade Provides Second Quarter 2024 Business Update

Top 3 Energy Stocks That May Rocket Higher This Quarter

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Top 3 Energy Stocks That May Rocket Higher This Quarter

Zacks Investment Research

NextDecade's (NEXT) Rio Grande LNG Project Faces Legal Setback

NextDecade (NEXT) is concerned regarding the impact of the D.C. Circuit court's ruling on the timing of the Final Investment Decision for Train 4 of Rio Grande LNG project.

NextDecade's (NEXT) Rio Grande LNG Project Faces Legal Setback

NextDecade: Buy The FERC News

NextDecade is a pure LNG play aiming to export first gas by 2027, with Bechtel building Trains 1-3 and an EPC contract for Train 4. Despite the DC Circuit overturning FERC site permit, NextDecade remains on site, building Phase 1 (17mpta) of the Rio Grande LNG project. The stock down 35% in the past week, offering a potential buying opportunity with future cash flows from Trains 4 and 5, but significant risks remain.

NextDecade: Buy The FERC News

Zacks Investment Research

After Plunging -17.44% in 4 Weeks, Here's Why the Trend Might Reverse for NextDecade (NEXT)

The heavy selling pressure might have exhausted for NextDecade (NEXT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging -17.44% in 4 Weeks, Here's Why the Trend Might Reverse for NextDecade (NEXT)

NextDecade Comments on Today's Court Actions

HOUSTON--(BUSINESS WIRE)--Today, the U.S. Court of Appeals for the D.C. Circuit (Court) issued an order vacating the Federal Energy Regulatory Commission's (FERC) remand authorization of NextDecade Corporation's (NextDecade) (Nasdaq: NEXT) Rio Grande LNG Facility on the grounds that the FERC should have issued a supplemental Environmental Impact Statement (EIS) during its remand process. NextDecade is disappointed in the Court's decision and disagrees with its conclusions. The Company is review.

NextDecade Comments on Today's Court Actions

NextDecade Executes EPC Contract with Bechtel for Train 4 at the Rio Grande LNG Facility

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that its subsidiary Rio Grande LNG Train 4, LLC (Rio Grande LNG Train 4) has executed a lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy Inc. (Bechtel) for the construction of Train 4 and related infrastructure at the Rio Grande LNG Facility. Rio Grande LNG Train 4 agreed to pay Bechtel approximately $4.3 billion for the work under the EPC cont.

NextDecade Executes EPC Contract with Bechtel for Train 4 at the Rio Grande LNG Facility

24/7 Wall Street

Carlos Slim and Other Insider Buyers Are Boosting Their Stakes

24/7 Wall St. Insights In the past week, there was sizable insider buying at a couple of energy companies and a transportation company.

Carlos Slim and Other Insider Buyers Are Boosting Their Stakes

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