NextDecade Corporation (NEXT)
Summary
NextDecade: The Ownership Staircase Is The Real Bull Case
NextDecade Corporation is advancing five LNG trains at Rio Grande, supported by long-term contracts and fully wrapped EPC agreements, mitigating construction and cost overrun risks. NEXT's economic interest will rise from 20.8% in Phase 1 to 60% in Train 4 and 70% in Train 5, with Train 6 offering potential for even greater accretion. Commissioning LNG sales at margins above $3.00 per MBtu and a forward price-to-book of 0.41 highlight undervaluation and near-term cash flow catalysts.
NextDecade Corporation (NEXT) Q2 2026 Earnings Call Transcript
NextDecade Corporation (NEXT) Q2 2026 Earnings Call Transcript
NextDecade Q2 Earnings Call Highlights
NextDecade NASDAQ: NEXT said construction of its Rio Grande LNG Phase 1 project continued ahead of the schedule reflected in its production guidance, with the company still targeting first gas later in 2026 and first LNG production from Train 1 in the first half of 2027.
NextDecade Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 163 | $1,384.45 | $1,095.36 | -$289.09 | -20.88% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 56,226 | $423,940 | $376,714.2 | -$47,225.8 | -11.14% |
| NA Nizar Araji National Bank Of Canada /FI/ | 4,124 | $32,252.51 | $28,785.52 | -$3,466.99 | -10.75% |
| BG Bart Gancher Intech Investment Management LLC | 32,522 | $271,436.46 | $227,003.56 | -$44,432.9 | -16.37% |
| SR Shantelle Reidy Ironwood Investment Management LLC | 19,921 | $104,984 | $143,231.99 | $38,247.99 | 36.43% |
NextDecade Corporation (NEXT) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has NextDecade Corporation ever had a stock split?
NextDecade Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Matthew K. Schatzman CEO | NASDAQ (CM) Exchange | 65342K105 CUSIP |
| US Country | 360 Employees | - Last Dividend | - Last Split | 4 Jun 2015 IPO Date |
Overview
NextDecade Corporation is a pioneering energy company based in Houston, Texas, founded in 2010. Specializing in the liquefaction of natural gas, the company's main endeavor involves the construction and operation of facilities within the United States. Its key project is at the forefront of energy transition and environmental consideration, integrating carbon capture and storage (CCS) technologies to minimize carbon footprint alongside its natural gas operations. The focal point of its business model revolves around the development of the Rio Grande LNG terminal situated in the strategic Port of Brownsville in southern Texas. This initiative not only represents a significant milestone in the energy sector but also highlights NextDecade's commitment to sustainable and responsible energy production and distribution practices.
Products and Services
- Liquefied Natural Gas (LNG) Production and Sale
At the cornerstone of NextDecade Corporation's operations is the production and sale of liquefied natural gas (LNG). Leveraging cutting-edge technologies, the company is able to convert natural gas into a liquefied form, making it easier and safer to store and transport. This process involves cooling natural gas to a temperature where it becomes liquid, significantly reducing its volume and allowing for efficient distribution to global markets. By doing so, NextDecade addresses the growing demand for cleaner energy sources worldwide, positioning LNG as a pivotal component in the transition towards more sustainable energy systems.
- Carbon Capture and Storage (CCS) Projects
Understanding the critical need to combat climate change, NextDecade Corporation invests in Carbon Capture and Storage (CCS) projects, underscoring its commitment to environmental stewardship. The CCS initiative at the Rio Grande LNG terminal embodies the company's innovative approach to reducing carbon emissions from its operations. This involves capturing carbon dioxide (CO2) emissions produced during the LNG production process and securely storing it underground or utilizing it in other industrial applications, rather than releasing it into the atmosphere. NextDecade's CCS projects extend beyond its immediate operations, encompassing collaborations with third-party industrial sources to promote wider adoption of CCS technologies. This strategic direction not only mitigates the environmental impact of its business activities but also sets a precedent for integrating sustainability practices in the energy sector.
