NEXT begins FERC pre-filing for Train 6 at Rio Grande LNG, signaling a major step toward expanding its LNG production capacity into the next decade.
NEXT secures $1.8B from TotalEnergies and GIP to advance the Train 4 expansion at its Rio Grande LNG facility in Texas.
NextDecade offers a compelling Trump-era LNG play, leveraging U.S. energy policy tailwinds and robust project finance discipline. The Rio Grande LNG project is de-risked by strong institutional partners, long-term contracts, and a robust expansion plan. Revenue is underpinned by 19-year fixed-fee contracts covering over 90% of Phase I capacity, with upside from spot sales and future CCS.
NEXT finalizes $9 billion in EPC deals with Bechtel for two new liquefaction trains at its Rio Grande LNG project in Texas.
NEXT inks 1.5 MTPA LNG deal with TotalEnergies, setting the stage for a favorable Final Investment Decision on Rio Grande LNG Train 4.
NEXT secures a 20-year LNG supply deal from Aramco, marking a major milestone for the Rio Grande LNG Train 4 project pending final investment approval.
NEXT's Rio Grande LNG project gets a revised court judgment removing vacatur risk and ensuring smooth construction.
NextDecade said on Tuesday that the U.S. Court of Appeals for the District of Columbia had revised its August 2024 judgment.
NextDecade Corporation CEO Matt Schatzman said on Tuesday he expects natural gas demand to continue to grow at around 2% for the next 15 years.
NextDecade (NEXT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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.
NextDecade (NEXT) remains committed to advancing carbon capture and storage technology despite withdrawing its CCS application at the Federal Energy Regulatory Commission.