NextDecadeNEXT
NEXT
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
628% more call options, than puts
Call options by funds: $7.99M | Put options by funds: $1.1M
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
4% more funds holding
Funds holding: 139 [Q2] → 144 (+5) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 45
13.53% less ownership
Funds ownership: 65.84% [Q2] → 52.31% (-13.53%) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]
53% less capital invested
Capital invested by funds: $1.35B [Q2] → $639M (-$709M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for NEXT.
Financial journalist opinion
Positive
Seeking Alpha
5 days ago
NextDecade: The Ultimate Trump Trade
NextDecade's Rio Grande LNG project faces headwinds from a DC Circuit Court ruling, but gains optimism with Trump's pro-LNG administration and key political support. The project aims for 27 mtpa export capacity, with current construction on trains 1-3 and plans for trains 4 and 5 with potential to expand beyond 27 mtpa to be announced. Despite risks from the DC Circuit ruling, the new administration's stance on LNG could significantly benefit NextDecade, making it a compelling long-term investment.
Neutral
Business Wire
1 month ago
NextDecade Provides Third 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 third quarter and early fourth quarter 2024. CEO Commentary “We continued to make excellent progress on the construction of Phase 1 at the Rio Grande Facility during the third quarter,” said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer. “The facility continues to progress safely, in line with schedule, and on.
Neutral
Zacks Investment Research
3 months ago
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.
Neutral
Business Wire
4 months ago
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.
Neutral
Business Wire
4 months ago
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.
Positive
Benzinga
4 months ago
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.
Negative
Zacks Investment Research
4 months ago
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.
Positive
Seeking Alpha
4 months ago
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.
Negative
Zacks Investment Research
4 months ago
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.
Neutral
Business Wire
4 months ago
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.
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