NEXT
NextDecade Corporation
Price Chart
Latest Quote
$7.72
+0.31 (+4.18%)
Current Price
| Previous Close | $7.41 |
| Open | $7.41 |
| Day High | $7.76 |
| Day Low | $7.30 |
| Volume | 4,329,158 |
Stock Information
| Shares Outstanding | 264.99M |
| Total Debt | $9.47B |
| Cash Equivalents | $143.12M |
| Net Income | $-354.04M |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Market Cap | $2.05B |
| EPS (TTM) | $-1.34 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $13.77B |
| Income | $-354.04M |
| Book/sh | $-0.12 |
| Cash/sh | $0.54 |
| Employees | 360 |
Financial Ratios
| Quick Ratio | 0.12 |
| Current Ratio | 0.40 |
| Debt/Eq | 401.42 |
Returns & Margins
| ROA | -1.42% |
| ROE | -18.58% |
Ownership
| Insider Ownership | 45.68% |
| Institutional Ownership | 44.50% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 110.29 |
| P/B | -66.55 |
Analyst Data
| Recommendation | none |
| Target Price | $9.40 |
Technical Indicators
| SMA20 | $8.07 |
| SMA50 | $7.96 |
| SMA200 | $6.58 |
| RSI | 43.14 |
| ATR | 0.5111 |
| Shares Float | 128.49M |
| Short Float | 14.38% |
| Short Ratio | 6.43 |
| Volatility | 1.50 |
| Rel Volume | 1.50 |
Performance History
| Week | -0.13% |
| Month | -8.64% |
| Quarter | +7.07% |
| 6 Months | +46.49% |
| YTD | +43.49% |
| Year | -8.53% |
| 3 Years | -4.34% |
| 5 Years | +93.48% |
| 10 Years | -23.03% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $7.72 | 4,391,400 |
| 2026-06-22 | $7.41 | 6,465,200 |
| 2026-06-18 | $7.35 | 4,011,700 |
| 2026-06-17 | $7.80 | 3,135,200 |
| 2026-06-16 | $7.27 | 3,891,000 |
| 2026-06-15 | $7.73 | 3,966,700 |
| 2026-06-12 | $8.40 | 2,782,800 |
| 2026-06-11 | $8.26 | 2,289,200 |
| 2026-06-10 | $8.43 | 2,126,600 |
| 2026-06-09 | $8.13 | 2,245,900 |
| 2026-06-08 | $8.46 | 1,379,000 |
| 2026-06-05 | $8.53 | 2,151,400 |
| 2026-06-04 | $8.66 | 2,269,100 |
| 2026-06-03 | $8.44 | 2,211,300 |
| 2026-06-02 | $8.27 | 1,706,300 |
| 2026-06-01 | $8.28 | 2,414,000 |
| 2026-05-29 | $7.91 | 3,189,700 |
| 2026-05-28 | $8.05 | 2,268,200 |
| 2026-05-27 | $7.97 | 2,753,600 |
| 2026-05-26 | $8.37 | 2,951,900 |
About NextDecade Corporation
NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company constructs and develops natural gas liquefaction and export facilities located in the Rio Grande Valley near Brownsville, Texas; and a carbon capture and storage project at the Rio Grande LNG Facility. It is also involved in the sale of LNG. NextDecade Corporation was founded in 2010 and is based in Houston, Texas.
đ° Latest News
Cheniere Energy Up 17% YTD: Time to Buy, Hold or Take Profits?
Zacks âĸ 2026-06-22T12:28:00Z
Kinder Morgan vs. NextDecade: Which Energy Stock Is a Better Buy in 2026?
Motley Fool âĸ 2026-06-19T17:16:43Z
NextDecade Stock Has Lagged the Market, so Why Did One Investor Buy Up More?
Motley Fool âĸ 2026-05-30T16:58:08Z
NextDecade Wins 24 7 Approval As Rio Grande LNG Execution Story Builds
Simply Wall St. âĸ 2026-05-28T23:04:56Z
Analyst Initiates Coverage of NextDecade (NEXT) with Buy Rating, $11 Price Target
Insider Monkey âĸ 2026-05-26T12:48:07Z
Trumpâs Science Advisor Calls Nuclear EO âMost Consequential Dayâ Since Atoms for Peace in 1953
24/7 Wall St. âĸ 2026-05-25T12:34:24Z
It took over a decade, but NextDecadeâs longshot bet to lead LNG in Texas is finally paying off
Fortune âĸ 2026-05-24T07:09:00Z
Jim Cramer on NextDecade: âI Think Itâs an Okay Idea, Not Greatâ
Insider Monkey âĸ 2026-05-08T15:28:06Z
A Look At NextDecade (NEXT) Valuation As Rio Grande LNG Construction Progresses Ahead Of Schedule
Simply Wall St. âĸ 2026-05-07T03:24:47Z
NextDecade Corporation Q1 2026 Earnings Call Summary
Moby âĸ 2026-05-02T12:30:00Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $12,122,000 | $12,706,000 | $6,309,000 | $162,000 |
| Cost Of Revenue | $12,122,000 | $12,706,000 | $6,309,000 | $162,000 |
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Revenue | $0 | $0 | $0 | $0 |
| Expenses | ||||
| Interest Expense | $89,541,000 | $22,203,000 | $8,895,000 | $0 |
| Total Expenses | $225,931,000 | $171,075,000 | $122,668,000 | $54,475,000 |
| Other Income Expense | $-33,695,000 | $536,061,000 | $-48,687,000 | $-5,596,000 |
| Other Non Operating Income Expenses | $7,449,000 | $-1,166,000 | $5,647,000 | $151,000 |
| Net Non Operating Interest Income Expense | $-170,011,000 | $-87,539,000 | $-50,285,000 | $0 |
| Total Other Finance Cost | $80,470,000 | $65,336,000 | $41,390,000 | - |
| Interest Expense Non Operating | $89,541,000 | $22,203,000 | $8,895,000 | $0 |
| Operating Expense | $213,809,000 | $158,369,000 | $116,359,000 | $54,313,000 |
| Other Operating Expenses | $3,518,000 | - | - | - |
| General And Administrative Expense | $202,285,000 | $150,109,000 | $111,468,000 | $50,212,000 |
| Rent Expense Supplemental | - | $10,775,000 | $6,141,000 | $1,119,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-306,434,000 | $-61,751,000 | $-162,261,000 | $-60,071,000 |
| Net Interest Income | $-170,011,000 | $-87,539,000 | $-50,285,000 | $0 |
| Normalized Income | $-265,290,000 | $-486,160,330 | $-107,927,000 | $-54,324,000 |
| Net Income From Continuing And Discontinued Operation | $-306,434,000 | $-61,751,000 | $-162,261,000 | $-60,071,000 |
| Total Operating Income As Reported | $-225,931,000 | $-171,075,000 | $-122,668,000 | $-54,475,000 |
| Net Income Common Stockholders | $-306,434,000 | $-61,751,000 | $-182,745,000 | $-84,353,000 |
| Net Income | $-306,434,000 | $-61,751,000 | $-162,261,000 | $-60,071,000 |
| Net Income Including Noncontrolling Interests | $-429,637,000 | $277,447,000 | $-221,640,000 | $-60,071,000 |
| Net Income Continuous Operations | $-429,637,000 | $277,447,000 | $-221,640,000 | $-60,071,000 |
| Pretax Income | $-429,637,000 | $277,447,000 | $-221,640,000 | $-60,071,000 |
| Special Income Charges | $-30,138,000 | $-49,314,000 | $-9,531,000 | $0 |
| Operating Income | $-225,931,000 | $-171,075,000 | $-122,668,000 | $-54,475,000 |
| Gross Profit | $-12,122,000 | $-12,706,000 | $-6,309,000 | $-162,000 |
| Interest Income | - | - | - | - |
| Interest Income Non Operating | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $-1.17 | $-0.24 | $-0.94 | $-0.65 |
| Basic EPS | $-1.17 | $-0.24 | $-0.94 | $-0.65 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $112,817,670 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-286,830,000 | $-230,901,000 | $-155,263,000 | $-53,406,000 |
| Total Unusual Items | $-41,144,000 | $537,227,000 | $-54,334,000 | $-5,747,000 |
| Total Unusual Items Excluding Goodwill | $-41,144,000 | $537,227,000 | $-54,334,000 | $-5,747,000 |
| Reconciled Depreciation | $12,122,000 | $6,676,000 | $3,148,000 | $918,000 |
| EBITDA (Bullshit earnings) | $-327,974,000 | $306,326,000 | $-209,597,000 | $-59,153,000 |
| EBIT | $-340,096,000 | $299,650,000 | $-212,745,000 | $-60,071,000 |
| Diluted Average Shares | $262,164,000 | $258,535,000 | $194,595,000 | $130,136,000 |
| Basic Average Shares | $262,164,000 | $258,535,000 | $194,595,000 | $130,136,000 |
| Diluted NI Availto Com Stockholders | $-306,434,000 | $-61,751,000 | $-182,745,000 | $-84,353,000 |
| Minority Interests | $123,203,000 | $-339,198,000 | $59,379,000 | $0 |
| Other Special Charges | $30,138,000 | $49,314,000 | $9,531,000 | - |
| Gain On Sale Of Security | $-11,006,000 | $586,541,000 | $-44,803,000 | $-5,747,000 |
| Research And Development | $8,006,000 | $8,260,000 | $4,891,000 | $4,101,000 |
| Selling General And Administration | $202,285,000 | $150,109,000 | $111,468,000 | $50,212,000 |
| Other Gand A | $202,285,000 | $150,109,000 | $111,468,000 | $49,093,000 |
| Rent And Landing Fees | - | $10,775,000 | $6,141,000 | $1,119,000 |
| Preferred Stock Dividends | - | - | $20,484,000 | $24,282,000 |
Fetched: 2026-06-23
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $95,338,000 | $377,641,000 | $287,923,000 | $54,371,000 |
| Total Assets | $12,425,828,000 | $6,404,059,000 | $3,323,801,000 | $312,430,000 |
| Total Non Current Assets | $11,707,779,000 | $5,991,487,000 | $3,009,276,000 | $248,492,000 |
| Other Non Current Assets | $21,654,000 | $15,557,000 | $11,021,000 | $28,372,000 |
| Non Current Deferred Assets | $423,076,000 | $317,788,000 | $389,695,000 | $0 |
| Financial Assets | $532,245,000 | $472,057,000 | $0 | - |
| Current Assets | $718,049,000 | $412,572,000 | $314,525,000 | $63,938,000 |
| Other Current Assets | $10,961,000 | $2,943,000 | $2,089,000 | $1,149,000 |
| Hedging Assets Current | $0 | $16,867,000 | $17,958,000 | $0 |
| Restricted Cash | $563,306,000 | $244,625,000 | $256,237,000 | $0 |
| Cash Cash Equivalents And Short Term Investments | $143,782,000 | $148,137,000 | $38,241,000 | $62,789,000 |
| Cash And Cash Equivalents | $143,782,000 | $148,137,000 | $38,241,000 | $62,789,000 |
| Prepaid Assets | - | - | - | $1,042,000 |
| Goodwill And Other Intangible Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $8,367,143,000 | $3,772,288,000 | $1,778,060,000 | - |
| Total Debt | $8,657,074,000 | $4,067,470,000 | $1,965,406,000 | $1,558,000 |
| Long Term Debt And Capital Lease Obligation | $8,653,191,000 | $4,064,589,000 | $1,962,263,000 | $465,000 |
| Long Term Debt | $8,510,925,000 | $3,920,425,000 | $1,816,301,000 | - |
| Current Debt And Capital Lease Obligation | $3,883,000 | $2,881,000 | $3,143,000 | $1,093,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $10,124,741,000 | $4,659,673,000 | $2,583,367,000 | $258,059,000 |
| Total Non Current Liabilities Net Minority Interest | $8,788,711,000 | $4,064,589,000 | $2,030,980,000 | $232,698,000 |
| Derivative Product Liabilities | $135,520,000 | $0 | $66,899,000 | $0 |
| Current Liabilities | $1,336,030,000 | $595,084,000 | $552,387,000 | $25,361,000 |
| Payables And Accrued Expenses | $1,312,407,000 | $578,778,000 | $539,974,000 | $17,618,000 |
| Interest Payable | $73,945,000 | $40,911,000 | $20,392,000 | $0 |
| Payables | $443,947,000 | $244,642,000 | $243,129,000 | $1,084,000 |
| Accounts Payable | $443,947,000 | $244,642,000 | $243,129,000 | $1,084,000 |
| Other Non Current Liabilities | - | - | $1,818,000 | $29,790,000 |
| Other Current Liabilities | - | - | $6,851,000 | $182,000 |
| Equity | ||||
| Common Stock Equity | $95,338,000 | $377,641,000 | $287,923,000 | $54,371,000 |
| Total Equity Gross Minority Interest | $2,301,087,000 | $1,744,386,000 | $740,434,000 | $54,371,000 |
| Stockholders Equity | $95,338,000 | $377,641,000 | $287,923,000 | $54,371,000 |
| Retained Earnings | $-759,957,000 | $-453,523,000 | $-391,772,000 | $-230,140,000 |
| Preferred Securities Outside Stock Equity | - | - | $0 | $202,443,000 |
| Preferred Stock Equity | - | - | - | $202,443,000 |
| Other | ||||
| Treasury Shares Number | $4,900,000 | $3,100,000 | $2,200,000 | $991,089 |
| Ordinary Shares Number | $264,801,408 | $260,291,186 | $256,500,000 | $143,500,000 |
| Share Issued | $269,701,408 | $263,391,186 | $258,700,000 | $144,491,089 |
| Tangible Book Value | $95,338,000 | $377,641,000 | $287,923,000 | $54,371,000 |
| Invested Capital | $8,606,263,000 | $4,298,066,000 | $2,104,224,000 | $54,371,000 |
| Working Capital | $-617,981,000 | $-182,512,000 | $-237,862,000 | $38,577,000 |
| Capital Lease Obligations | $146,149,000 | $147,045,000 | $149,105,000 | $1,558,000 |
| Total Capitalization | $8,606,263,000 | $4,298,066,000 | $2,104,224,000 | $54,371,000 |
| Minority Interest | $2,205,749,000 | $1,366,745,000 | $452,511,000 | $0 |
| Treasury Stock | $37,862,000 | $20,916,000 | $14,214,000 | $4,587,000 |
| Additional Paid In Capital | $893,131,000 | $852,054,000 | $693,883,000 | $289,084,000 |
| Capital Stock | $26,000 | $26,000 | $26,000 | $14,000 |
| Common Stock | $26,000 | $26,000 | $26,000 | $14,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $142,266,000 | $144,164,000 | $145,962,000 | $465,000 |
| Current Capital Lease Obligation | $3,883,000 | $2,881,000 | $3,143,000 | $1,093,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $19,740,000 | $13,425,000 | $9,270,000 | $6,650,000 |
| Current Accrued Expenses | $868,460,000 | $334,136,000 | $296,845,000 | $16,534,000 |
| Net PPE | $10,730,804,000 | $5,186,085,000 | $2,608,560,000 | $220,120,000 |
| Accumulated Depreciation | $-2,884,000 | $-1,978,000 | $-1,174,000 | $-1,006,000 |
| Gross PPE | $10,733,688,000 | $5,188,063,000 | $2,609,734,000 | $221,126,000 |
| Other Properties | $170,656,000 | $178,824,000 | $178,345,000 | $22,508,000 |
| Machinery Furniture Equipment | $10,563,032,000 | $5,009,239,000 | $2,431,389,000 | $197,144,000 |
| Construction In Progress | - | - | $7,534,000 | $0 |
| Buildings And Improvements | - | - | $170,827,000 | $1,474,000 |
| Properties | - | - | $0 | $0 |
| Leases | - | - | - | $101,000 |
| Land And Improvements | - | - | - | - |
Fetched: 2026-06-23
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-5,016,204,000 | $-2,663,386,000 | $-1,811,256,000 | $-73,829,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-169,397,000 | $-95,585,000 | $-73,620,000 | $-40,076,000 |
| Cash Flow From Continuing Operating Activities | $-169,397,000 | $-95,585,000 | $-73,620,000 | $-40,076,000 |
| Operating Gains Losses | $62,411,000 | $-488,551,000 | $58,472,000 | $5,747,000 |
| Investing Activities | ||||
| Capital Expenditure | $-4,846,807,000 | $-2,567,801,000 | $-1,737,636,000 | $-33,753,000 |
| Investing Cash Flow | $-4,852,904,000 | $-2,574,205,000 | $-1,752,800,000 | $-40,888,000 |
| Cash Flow From Continuing Investing Activities | $-4,852,904,000 | $-2,574,205,000 | $-1,752,800,000 | $-40,888,000 |
| Net Other Investing Changes | $-6,097,000 | $-6,404,000 | $-15,164,000 | $-7,135,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $0 | $0 | $254,400,000 | $125,500,000 |
| Financing Cash Flow | $5,336,627,000 | $2,768,074,000 | $2,058,109,000 | $118,201,000 |
| Cash Flow From Continuing Financing Activities | $5,336,627,000 | $2,768,074,000 | $2,058,109,000 | $118,201,000 |
| Net Other Financing Charges | $652,573,000 | $589,776,000 | $-36,611,000 | $-3,952,000 |
| Cash Dividends Paid | $0 | $0 | $-53,000 | $-75,000 |
| Preferred Stock Dividend Paid | $0 | $0 | $-53,000 | $-75,000 |
| Net Common Stock Issuance | $0 | $0 | $254,400,000 | $115,000,000 |
| Common Stock Issuance | $0 | $0 | $254,400,000 | $115,000,000 |
| Net Preferred Stock Issuance | - | - | $0 | $10,500,000 |
| Preferred Stock Issuance | - | - | $0 | $10,500,000 |
| Other | ||||
| Repayment Of Debt | $0 | $-1,338,243,000 | $-233,000,000 | $0 |
| Issuance Of Debt | $4,701,000,000 | $3,523,243,000 | $2,083,000,000 | $0 |
| End Cash Position | $707,088,000 | $392,762,000 | $294,478,000 | $62,789,000 |
| Beginning Cash Position | $392,762,000 | $294,478,000 | $62,789,000 | $25,552,000 |
| Changes In Cash | $314,326,000 | $98,284,000 | $231,689,000 | $37,237,000 |
| Proceeds From Stock Option Exercised | $-16,946,000 | $-6,702,000 | $-9,627,000 | $-3,272,000 |
| Net Issuance Payments Of Debt | $4,701,000,000 | $2,185,000,000 | $1,850,000,000 | $0 |
| Net Long Term Debt Issuance | $4,701,000,000 | $2,185,000,000 | $1,850,000,000 | $0 |
| Long Term Debt Payments | $0 | $-1,338,243,000 | $-233,000,000 | $0 |
| Long Term Debt Issuance | $4,701,000,000 | $3,523,243,000 | $2,083,000,000 | $0 |
| Net PPE Purchase And Sale | $-4,846,807,000 | $-2,567,801,000 | $-1,737,636,000 | $-33,753,000 |
| Purchase Of PPE | $-4,846,807,000 | $-2,567,801,000 | $-1,737,636,000 | $-33,753,000 |
| Change In Working Capital | $36,821,000 | $20,119,000 | $-4,142,000 | $5,504,000 |
| Change In Other Current Liabilities | $-7,639,000 | $-2,060,000 | $-179,000 | $-678,000 |
| Change In Payables And Accrued Expense | $48,411,000 | $23,033,000 | $-3,023,000 | $6,496,000 |
| Change In Accrued Expense | $46,241,000 | $25,255,000 | $-7,080,000 | $5,812,000 |
| Change In Payable | $2,170,000 | $-2,222,000 | $4,057,000 | $684,000 |
| Change In Account Payable | $2,170,000 | $-2,222,000 | $4,057,000 | $684,000 |
| Change In Prepaid Assets | $-3,951,000 | $-854,000 | $-940,000 | $-314,000 |
| Other Non Cash Items | $109,675,000 | $68,817,000 | $63,989,000 | $354,000 |
| Stock Based Compensation | $39,211,000 | $19,907,000 | $26,553,000 | $7,472,000 |
| Depreciation Amortization Depletion | $12,122,000 | $6,676,000 | $3,148,000 | $918,000 |
| Depreciation And Amortization | $12,122,000 | $6,676,000 | $3,148,000 | $918,000 |
| Depreciation | $12,122,000 | $6,676,000 | $3,148,000 | $918,000 |
| Gain Loss On Investment Securities | $32,273,000 | $-537,865,000 | $48,941,000 | $5,747,000 |
| Net Income From Continuing Operations | $-429,637,000 | $277,447,000 | $-221,640,000 | $-60,071,000 |
| Interest Paid Supplemental Data | - | $3,557,000 | $23,365,000 | - |
| Net Investment Purchase And Sale | - | - | - | - |
| Sale Of Investment | - | - | - | - |
| Purchase Of Investment | - | - | - | - |
Fetched: 2026-06-23