NextDecade Corporation Common Stock
NEXTNextDecade Corporation (NEXT) is a development-stage energy company focused on building infrastructure for the liquefied natural gas (LNG) industry. The company specializes in the development of LNG export projects, aiming to provide cleaner energy solutions by facilitating the global supply of natural gas. Its flagship project, the Rio Grande LNG facility in Texas, is designed to produce and export LNG to international markets.
Company News
Hanwha Aerospace, a 10% shareholder of NextDecade Corporation, purchased 1.65 million shares for $9.4 million on December 11-12, 2025, at $5.69 per share. The acquisition appears strategically motivated to secure LNG supply rather than bet on stock appreciation, as NextDecade remains pre-revenue with $180 million in operating expenses and isn't e...
Brightline Capital Management sold its entire 1,450,000 share stake in NextDecade Corporation during Q3 2025, completely exiting a position that previously represented 5.6% of its assets under management.
Baker Hughes will supply main liquefaction equipment for Train 4 of NextDecade's Rio Grande LNG Facility in Texas, including two gas turbines and six centrifugal compressors, expanding the facility's LNG production capacity by approximately 6 MTPA.
ConocoPhillips is strengthening its position in the liquefied natural gas (LNG) sector through strategic investments in global facilities, including projects in Australia, Qatar, Equatorial Guinea, and the U.S. Gulf Coast, which are expected to boost free cash flow through 2028.
NextDecade's General Counsel sold 44,366 shares for tax purposes, while the company continues developing its Rio Grande LNG facility with long-term sales agreements from major energy companies, targeting operations by 2027.
