NextDecade Corporation NEXT
- Market cap
- $1.8B
- P/E
- 0.0×
Follow NEXT
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.82 | 5.54 | 3.95 | 3.15 | 1.12 | 1.65 | 2.08 | 3.93 | 4.26 | 4.99 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 10.50 | 20.00 | 9.03 | 6.78 | 6.23 | 6.13 | 8.95 | 8.74 | 8.52 | 12.12 |
High Price
|
|||
| 3 | 35 | 47 | 88 | 57 | 61 | 109 | 160 | 237 | 360 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
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| — | — | — | — | — | — | — | — | — | — | Revenue | |||
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
Gross Margin
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|||
| (8) | (35) | (42) | (36) | (14) | (22) | (60) | (222) | 277 | (430) |
EBT
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| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EBT Margin
|
|||
| (8) | (35) | (42) | (36) | (14) | (22) | (60) | (222) | 277 | (430) |
Net Income
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| 0 | 0 | 0 | 1 | 3 | 2 | 1 | 45 | 72 | 93 |
Depreciation
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Revenue/Sh
|
|||
| (0.09) | (0.35) | (0.41) | (0.32) | (0.24) | (0.34) | (0.65) | (0.94) | (0.24) | (1.17) |
Earnings/Sh
|
|||
| (0.08) | (0.13) | (0.22) | (0.37) | (0.22) | (0.15) | (0.31) | (0.38) | (0.37) | (0.65) |
Cash Flow/Sh
|
|||
| (0.20) | (0.15) | (0.18) | (0.19) | (0.28) | (0.10) | (0.26) | (8.93) | (9.93) | (18.49) |
Capex/Sh
|
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| (0.28) | (0.27) | (0.39) | (0.56) | (0.50) | (0.25) | (0.57) | (9.31) | (10.30) | (19.13) |
Free CF/Sh
|
|||
| 0.71 | 1.02 | 1.40 | 1.72 | 1.47 | 1.58 | 1.97 | 3.81 | 6.75 | 8.78 |
Book Value/Sh
|
|||
| 96 | 101 | 107 | 109 | 118 | 119 | 130 | 195 | 259 | 262 |
Shares
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| — | — | — | — | — | — | — | — | — | — | PE Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PS Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PB Ratio | |||
| — | — | — | — | — | — | — | — | — | — | EV/Sales | |||
| — | — | — | — | — | — | — | — | — | — | EV/FCF | |||
| (7) | (13) | (23) | (41) | (26) | (18) | (40) | (74) | (96) | (169) |
Op' Cash Flow
|
|||
| (19) | (15) | (19) | (20) | (32) | (12) | (34) | (1,738) | (2,568) | (4,847) |
Capex
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|||
| (27) | (28) | (42) | (61) | (59) | (30) | (74) | (1,811) | (2,663) | (5,016) |
FCF
|
|||
| 14 | 34 | 65 | 57 | 18 | 18 | 39 | (238) | (183) | (618) |
Working Cap'
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| — | — | — | 0 | 0 | 1 | 0 | 1,816 | 3,920 | 8,511 |
Total Debt
|
|||
| (18) | (41) | (76) | (78) | (23) | (26) | (62) | 1,522 | 3,528 | 7,804 |
Net Debt
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|||
| 68 | 103 | 149 | 188 | 173 | 188 | 257 | 740 | 1,744 | 2,301 |
Sh' Equity
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| (8.72%) | (36.82%) | (30.52%) | (24.89%) | (13.61%) | (19.06%) | (31.56%) | (10.05%) | (1.27%) | (3.25%) |
ROA
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|||
| (10.51%) | (35.74%) | (36.40%) | (19.95%) | (9.16%) | (7.49%) | (17.51%) | (3.39%) | (2.03%) | (1.40%) |
ROIC
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| (22.96%) | (41.27%) | (46.70%) | (56.15%) | (38.34%) | (100.58%) | (227.17%) | (45.98%) | (4.97%) | (15.15%) |
ROE
|
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NextDecade Corporation peers in Oil & Gas Equipment & Services
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| FLOC Flowco Holdings Inc. | $1.8B | 11.9× | Compare |
| HOS Hornbeck Offshore Services Inc | $1.8B | 30.3× | Compare |
| XPRO Expro Group Holdings N.V. | $1.9B | 51.0× | Compare |
| INVX Innovex International, Inc. | $2.0B | 32.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| AESI Atlas Energy Solutions Inc. | $1.6B | 0.0× | Compare |
| RES RPC, Inc. | $1.3B | 62.1× | Compare |
| VTOL Bristow Group Inc. | $1.3B | 11.9× | Compare |
| WTTR Select Water Solutions, Inc. | $2.7B | 73.7× | Compare |
NextDecade Corporation (NEXT) key facts
- NextDecade Corporation (NEXT) is an Oil & Gas Equipment & Services company in the Energy sector, listed on Nasdaq.
- As of September 25, 2026, NEXT traded at $6.56, a market capitalization of $1.8 billion.
- Return on equity was −15.2% and debt-to-equity 3.70.
NextDecade Corporation (NEXT) Latest News
3 Aug
NextDecade (NEXT) held its Q2 2026 earnings call to review financial results, operational progress on LNG projects, and forward guidance. Q2 2026 earnings and project updates can materially shift investor views on revenue trajectory and execution risk.
1 Aug
NextDecade advances Rio Grande LNG project with fresh momentum while its shares continue trading at undervalued levels. Rio Grande LNG momentum represents a major strategic development that can materially lift revenues and investor sentiment.
NextDecade advances Rio Grande LNG project while losses widen and equity plans expand, shaping investor responses to the company's shifting operational and financial position. Rio Grande LNG advancement alongside widening losses and equity expansion signals major strategic and financial shifts that can alter NextDecade's trajectory.
30 Jul
NextDecade (NEXT) released its Q2 2026 earnings call transcript covering quarterly financial results, operational updates and forward guidance. Earnings call details directly shape investor views on revenue trajectory, project milestones and capital plans.
NextDecade Corporation reported Q2 2026 earnings call highlights focused on Rio Grande LNG project progress. Rio Grande LNG project advances represent major strategic progress directly tied to NextDecade's core operations and long-term revenue potential.
NextDecade Corporation released its Q2 2026 earnings call summary covering financial results, operational updates, and forward guidance. Earnings call delivers quarterly financials and strategy updates with moderate influence on near-term market views.
NextDecade Q2 earnings call highlighted financial results, operational updates and strategic outlook for the company. Q2 earnings updates typically deliver moderate insights into financial health and operations that can shift near-term investor sentiment.
NextDecade Corporation released its second quarter 2026 business update. Quarterly business updates deliver operational and financial details that can shift near-term investor sentiment and valuation.
13 Jul
Hormuz crisis elevates NextDecade LNG stock as key overlooked play, diverting focus from tanker trades amid regional tensions. Hormuz tensions position NextDecade LNG as direct beneficiary, shifting market dynamics and investor attention.
25 Jun
NextDecade Corporation prices $3.50 billion senior secured notes for Rio Grande LNG, LLC. $3.5 billion financing directly funds core LNG project development.
24 Jun
NextDecade Corporation executive Megan Light discusses the company's strategic vision and initiatives for the next decade. Executive commentary on long-term plans offers moderate insight into strategy without confirming major contracts or financial shifts.
22 Jun
NextDecade Corporation announces contemplated notes sale by Rio Grande LNG, LLC. Contemplated notes sale signals potential debt financing for core LNG projects.
28 May
NextDecade gains 24/7 approval advancing Rio Grande LNG project execution. Approval marks key regulatory milestone for primary LNG facility development.
24 May
NextDecade's decade-long push to lead Texas LNG production is succeeding and delivering results for the company. Long-awaited LNG project success in Texas strengthens NextDecade's competitive position and growth outlook.
6 May
NextDecade Corporation's (NEXT) Rio Grande LNG construction progresses ahead of schedule, supporting a positive valuation outlook amid advancing project timelines and market dynamics. Ahead-of-schedule Rio Grande LNG construction accelerates NextDecade's path to production and revenue, significantly enhancing valuation and investor sentiment.
2 May
NextDecade Corporation released Q1 2026 earnings call summary detailing financial results, operational updates, and future guidance. Q1 2026 earnings call reveals key financial metrics and strategic plans directly impacting stock performance and investor outlook.
1 May
NextDecade Corporation's Q1 earnings call highlighted financial results, progress on Rio Grande LNG Phase 1 FID, production start timeline for Train 1 in H2 2027, reaffirmed 2024 capex guidance, and strong partner commitments. Q1 earnings updates on financials, project timelines, and capex directly influence financial performance and market sentiment with moderate effect.
11 Apr
Ceasefire-driven LNG price movements could reshape the narrative surrounding NextDecade's (NEXT) high-cost LNG export buildout projects. Ceasefire-driven LNG price shifts pose significant risk to NextDecade's high-cost export projects' economics and investor narrative.
4 Apr
NextDecade Corporation (NEXT) valuation reassessed after insider buying signals confidence and entry of a new passive investor boosts interest. Insider buying and new passive investor entry positively affect sentiment and valuation but lack transformative operational impact.
2 Apr
NextDecade Corporation (NEXT) stock jumped today due to positive developments boosting investor sentiment. Stock price surge signals major strategic progress likely to enhance long-term market performance and competitive position.
26 Mar
NextDecade Corporation's stock surged 18% after announcing a 20-year sales and purchase agreement for 1.5 million tonnes per annum of LNG from its Rio Grande LNG facility with an Asian utility, enhancing project economics and commercialization prospects. Long-term LNG sales agreement delivers critical revenue commitment and de-risks Rio Grande LNG development, significantly boosting valuation and investor confidence.
24 Mar
NextDecade (NEXT) shares jumped 25.6% as Mideast tensions tightened LNG supply, boosting market dynamics favorably for the LNG developer; future implications outlined. Mideast tensions tightened LNG markets, sparking 25.6% NEXT stock surge and signaling major positive shifts in demand and pricing.
23 Mar
NextDecade Corporation (NEXT) stock surged 27% due to an intensifying LNG crisis boosting demand for its LNG export projects. 27% stock surge from LNG crisis highlights major positive shift in market dynamics favoring NEXT's core LNG operations.
9 Mar
NextDecade Corporation (NEXT) issued its fiscal Q4 2025 business update, covering operational progress, financial highlights, and strategic developments. Q4 business update reveals major operational and financial milestones that could significantly shape NEXT's future performance and investor outlook.
6 Mar
NextDecade Corporation (NEXT) advances financial and LNG strategies, driving shares up 4%. Advancing financial and LNG strategies signals major strategic progress, boosting shares 4% and positively influencing future performance.
2 Mar
NextDecade Corp (NEXT) Q4 2025 earnings call highlights strategic LNG expansion amid market conditions. Strategic LNG expansion in earnings call signals major growth moves altering NEXT's trajectory and investor sentiment.
NextDecade Corporation shared Q4 earnings call highlights covering financial results, Rio Grande LNG project progress, regulatory updates, and 2024 outlook. Q4 earnings highlights disclose key financial metrics and project milestones that significantly influence investor sentiment and company trajectory.
27 Feb
Saudi Aramco is bringing the shale gas revolution to the Arabian Desert. Saudi Aramco's shale gas development boosts regional supply and reduces LNG import demand, moderately pressuring NextDecade's export market and pricing.
16 Feb
NextDecade Corporation (NEXT) shares are struggling, prompting valuation assessment amid concerns over its premium price-to-book ratio. Valuation doubts from struggling shares and high P/B ratio may noticeably affect investor sentiment and stock trajectory.
12 Feb
NextDecade Corporation's Texas LNG project at the Port of Brownsville has received a significant boost as the U.S. Department of Energy granted the company authorization to export liquefied natural gas. This approval is a crucial step in advancing the project, which aims to enhance the U.S. LNG export capacity and meet global energy demands. The project is expected to create jobs and stimulate economic growth in the region, while also contributing to the transition to cleaner energy sources. The DOE's authorization is a major strategic move that could significantly enhance NextDecade's market position and investor sentiment.