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NEXT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
8.060
Open
7.720
VWAP
7.85
Vol
2.91M
Mkt Cap
2.07B
Low
7.683
Amount
22.83M
EV/EBITDA(TTM)
--
Total Shares
264.99M
EV
13.61B
EV/OCF(TTM)
--
P/S(TTM)
--
NextDecade Corporation is an energy company. The Company is engaged in construction and development activities related to the liquefaction of natural gas and sale of liquefied natural gas (LNG) and the capture and storage of carbon dioxide (CO2) emissions. The Company is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley in Brownsville, Texas (the Rio Grande LNG Facility), which has five liquefaction trains and related infrastructure under construction. The Company is constructing and developing the Rio Grande LNG Facility on the north shore of the Brownsville Ship Channel in south Texas. The site is located on 1,000 acres of land which has been leased long-term and includes 15 thousand feet of frontage on the Brownsville Ship Channel. It is also developing a planned carbon capture and storage (CCS) project at the Rio Grande LNG Facility.
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Events Timeline

(ET)
2026-06-22
09:30:00
NextDecade Subsidiary Plans to Issue Senior Secured Notes
select
2026-06-03 (ET)
2026-06-03
16:40:00
NextDecade Appoints John Zuklic as New CFO
select
2026-05-01 (ET)
2026-05-01
08:10:00
NextDecade's Rio Grande LNG Project 67.8% Complete
select
2026-04-08 (ET)
2026-04-08
10:10:00
NextDecade Shares Drop 15.2% to $7.41
select

News

seekingalpha
8.5
06-26seekingalpha
NextDecade's Subsidiary Prices $3.5B Bond Offering
  • Bond Offering Size: NextDecade's subsidiary, Rio Grande LNG, successfully priced a $3.5 billion senior secured note offering across four maturities, reflecting market confidence in its financing capabilities.
  • Specific Bond Details: The offering includes $1.0 billion of 5.25% notes due 2031, $500 million of 5.50% notes due 2034, $1.25 billion of 5.75% notes due 2036, and $750 million of 6.15% notes due 2041, providing the company with diversified financing options.
  • Use of Proceeds: The net proceeds from the new notes will be used to repay a portion of outstanding borrowings under existing credit agreements and cover related fees, aiming to optimize the company's capital structure and reduce financial costs.
  • Expected Closing Date: The closing of this bond offering is anticipated to occur on July 2, 2026, marking a significant step for Rio Grande LNG in the capital markets and further solidifying its position in the U.S. LNG industry.
NASDAQ.COM
2.0
06-24NASDAQ.COM
Oil & Gas Exploration Stocks Lagging Market on Wednesday
  • Market Decline: Oil and gas exploration and production stocks fell approximately 2.6% on Wednesday, indicating pressure on the sector amid increasing market volatility.
  • HighPeak Energy Leads Drop: HighPeak Energy's stock decreased by about 8.4%, making it the worst performer in the industry, reflecting investor concerns regarding its future profitability.
  • NextDecade Follows Suit: NextDecade's shares dropped approximately 6.9%, further exacerbating the pessimistic sentiment surrounding the oil and gas sector, which could impact its financing and expansion plans.
  • Uncertain Industry Outlook: With overall market sentiment low, the future performance of oil and gas exploration and production stocks may be affected by ongoing market uncertainties and a lack of investor confidence.
Newsfilter
8.5
06-22Newsfilter
NextDecade Plans to Issue Senior Secured Notes
  • Financing Initiative: NextDecade's subsidiary, Rio Grande LNG, intends to issue Senior Secured Notes under Rule 144A of the Securities Act, aiming to raise funds to repay a portion of existing borrowings, thereby enhancing financial flexibility.
  • Use of Proceeds: The net proceeds from this offering will be allocated to repaying part of the outstanding borrowings under existing credit agreements, covering related fees, and paying interest rate hedge termination payments, which aims to optimize capital structure and reduce financial costs.
  • Market Compliance: The offering of these notes will comply with U.S. securities laws, being offered only to qualified institutional buyers and non-U.S. persons, ensuring legal compliance and minimizing regulatory risks.
  • Project Development: NextDecade is constructing the Rio Grande LNG facility in Brownsville, Texas, with a projected liquefaction capacity of 48 MTPA, further solidifying its position in the clean energy market.
Fool
8.5
06-19Fool
Investment Choices in Energy: Kinder Morgan vs NextDecade
  • Stability of Kinder Morgan: Managing nearly 78,000 miles of pipelines, Kinder Morgan reported a 12% revenue increase to $16.9 billion in FY 2025, with a net income of $3.1 billion, showcasing its strong position and stable income stream in the U.S. natural gas market.
  • Growth Potential of NextDecade: Focused on the Rio Grande LNG facility in South Texas, NextDecade targets a capacity of approximately 48 million tonnes per annum, and despite a net loss of $306.4 million in FY 2025, it has secured long-term purchase agreements with 14 customers, laying a foundation for future cash flows.
  • Risk Comparison: Kinder Morgan faces minimal commodity price volatility risk due to its fee-based long-term contracts, while NextDecade must navigate construction delays and legal challenges, particularly in the development of its LNG facility.
  • Valuation Differences: With a forward P/E of 21.6x, Kinder Morgan appears more attractive to conservative investors, whereas NextDecade lacks a traditional P/S ratio, indicating differing risk and return expectations between the two companies.
NASDAQ.COM
8.5
06-19NASDAQ.COM
Comparing Kinder Morgan and NextDecade for Investment Choices
  • Company Overview: Kinder Morgan operates as a backbone of North American energy infrastructure, managing nearly 78,000 miles of pipelines and 136 terminals, with a 12% revenue growth to $16.9 billion and a net income of $3.1 billion in FY 2025, showcasing its strong profitability in natural gas transportation.
  • Financial Health: With a debt-to-equity ratio of approximately 1.0, Kinder Morgan demonstrates a balanced capital structure, generating nearly $3.2 billion in free cash flow in FY 2025, highlighting its ability to consistently produce cash, making it suitable for conservative investors.
  • NextDecade's Growth Potential: Focused on the Rio Grande LNG facility in South Texas, NextDecade targets a total capacity of approximately 48 million tonnes per annum and has secured long-term purchase agreements with 14 creditworthy customers, although it reported a net loss of $306.4 million in FY 2025 due to high development costs.
  • Market Outlook: Despite facing high risks and potential construction delays, NextDecade is positioned to benefit from a projected exponential rise in LNG demand, with the Rio Grande LNG expected to become one of the world's largest LNG export terminals, attracting significant interest from major energy companies.
NASDAQ.COM
5.0
06-04NASDAQ.COM
NextDecade Appoints John Zuklic as CFO Amid Strategic Transformation
  • Executive Appointment: NextDecade Corp. appointed John Zuklic as the new Chief Financial Officer effective July 6, succeeding interim CFO Mike Mott, who will return to his role as Senior Vice President of Enterprise Transformation, indicating stability and continuity in the company's leadership team.
  • Market Reaction: Following the announcement, NextDecade's shares rose 1.07% in after-hours trading to $8.53, after a 2.06% increase during regular trading on Wednesday, reflecting positive market sentiment regarding the new CFO and confidence in the company's future prospects.
  • Industry Experience: Zuklic brings over 30 years of experience in the energy sector, having served as CFO at Citgo Petroleum since 2020, and previously held senior finance roles at Phillip 66 and ConocoPhillips, showcasing his extensive background and leadership capabilities in the industry.
  • Strategic Transformation: This appointment comes as NextDecade transitions from an LNG development company to an LNG operating company, with Zuklic's expertise expected to drive opportunities for organic growth and enhance the company's competitive position in the market.
Wall Street analysts forecast NEXT stock price to rise
1 Analyst Rating
Wall Street analysts forecast NEXT stock price to rise
0 Buy
1 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
7.00
Averages
7.00
High
7.00
Current: 0.000
sliders
Low
7.00
Averages
7.00
High
7.00
Citi
Buy
initiated
$11
AI Analysis
2026-05-13
Reason
Citi
Price Target
$11
AI Analysis
2026-05-13
initiated
Buy
Reason
Citi initiated coverage of NextDecade with a Buy rating and $11 price target. The firm says the company offers exposure to one of the last large-scale U.S. Gulf Coast liquefied natural gas export facilities. Citi believes U.S. liquefied natural gas is likely to become an \"increasingly coveted commodity.\"
TD Cowen
Hold
downgrade
$7 -> $6
2026-03-05
Reason
TD Cowen
Price Target
$7 -> $6
2026-03-05
downgrade
Hold
Reason
TD Cowen lowered the firm's price target on NextDecade to $6 from $7 and keeps a Hold rating on the shares. The firm updated its model after the company said they have locked in spot margins for 2027 at $3/mcf, below $5 embedded in its financials. It provided a financing scenario at $3 margin in which it would increase contracted capacity and project-level debt; which Cowen sees as a positive.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NEXT
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Valuation Metrics

The current forward P/E ratio for NextDecade Corp (NEXT.O) is 0.00, compared to its 5-year average forward P/E of -13.64. For a more detailed relative valuation and DCF analysis to assess NextDecade Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-13.64
Current PE
0.00
Overvalued PE
2.62
Undervalued PE
-29.90

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-35.12
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.83
Undervalued EV/EBITDA
-71.07

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
4.10
Current PS
1.41
Overvalued PS
16.56
Undervalued PS
-8.36

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Frequently Asked Questions

What is NextDecade Corp (NEXT) stock price today?

The current price of NEXT is 7.81 USD — it has increased 2.9

What is NextDecade Corp (NEXT)'s business?

NextDecade Corporation is an energy company. The Company is engaged in construction and development activities related to the liquefaction of natural gas and sale of liquefied natural gas (LNG) and the capture and storage of carbon dioxide (CO2) emissions. The Company is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley in Brownsville, Texas (the Rio Grande LNG Facility), which has five liquefaction trains and related infrastructure under construction. The Company is constructing and developing the Rio Grande LNG Facility on the north shore of the Brownsville Ship Channel in south Texas. The site is located on 1,000 acres of land which has been leased long-term and includes 15 thousand feet of frontage on the Brownsville Ship Channel. It is also developing a planned carbon capture and storage (CCS) project at the Rio Grande LNG Facility.

What is the price predicton of NEXT Stock?

Wall Street analysts forecast NEXT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEXT is7.00 USD with a low forecast of 7.00 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is NextDecade Corp (NEXT)'s revenue for the last quarter?

NextDecade Corp revenue for the last quarter amounts to 0.00 USD, decreased

What is NextDecade Corp (NEXT)'s earnings per share (EPS) for the last quarter?

NextDecade Corp. EPS for the last quarter amounts to -0.51 USD, increased 50.00

How many employees does NextDecade Corp (NEXT). have?

NextDecade Corp (NEXT) has 360 emplpoyees as of July 08 2026.

What is NextDecade Corp (NEXT) market cap?

Today NEXT has the market capitalization of 2.07B USD.