Streetbeat News

NEXT

NextDecade Corporation

https://www.next-decade.com

Industry

Oil & Gas Exploration & Production

NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. The company focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas. It also focuses on a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities. The company was founded in 2010 is based in Houston, Texas.

Open

7.47

Mkt cap

1.9B

Volume

2.5M

High

7.47

P/E Ratio

-6.63

52-wk high

8.52

Low

7.20

Div yield

N/A

52-wk low

4.25

NextDecade Corporation provided a business update for Q3 2024, highlighting progress on the construction of Phase 1 at the Rio Grande Facility, which is on schedule and progressing safely.

Portfolio Pulse from

November 07, 2024 | 10:00 pm

Energy stocks are rising as oil prices increase following an Israeli airstrike on Hezbollah in Beirut. Israeli PM Netanyahu emphasized the right to address threats, impacting the energy sector.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 4:20 pm

Energy stocks are experiencing a decline due to a decrease in oil prices following OPEC's reduced demand forecast.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:46 pm

NextDecade's CEO announced the company's intention to appeal to the U.S. Supreme Court after a federal court overturned FERC's approval for the Rio Grande LNG project. Despite the legal challenges, the CEO does not anticipate construction halting before a final ruling. The stock price has declined due to increased project risks.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 7:47 pm

NextDecade's subsidiary has withdrawn its application at the Federal Energy Regulatory Commission (FERC) for a proposed carbon capture and storage project at the Rio Grande LNG facility.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 9:01 pm

NextDecade (NASDAQ:NEXT) reported Q2 EPS of $(0.13), missing the analyst consensus estimate of $(0.05) by 160%. This represents an 84.52% improvement over the $(0.84) per share loss from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:47 pm

The article highlights three oversold energy stocks with potential for short-term gains: Arch Resources Inc (ARCH), Nextdecade Corp (NEXT), and Chesapeake Energy Corp (CHK). These stocks have experienced significant price declines and have RSI values indicating they are oversold.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 11:43 am

NextDecade shares are trading lower after the U.S. Court of Appeals issued an order to revoke the company's authorization to operate its Rio Grand LNG Facility.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:52 pm

NextDecade Corporation (NASDAQ:NEXT) expressed disappointment over the U.S. Court of Appeals for the D.C. Circuit's decision to vacate the Federal Energy Regulatory Commission's (FERC) remand authorization of its Rio Grande LNG Facility. The court ruled that FERC should have issued a supplemental Environmental Impact Statement (EIS). NextDecade is reviewing the decision and assessing its options, while construction on the first three liquefaction trains continues. The company is also evaluating the impact on the timing of a final investment decision for Train 4.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:23 pm

NextDecade Corporation (NASDAQ:NEXT) has announced that its subsidiary Rio Grande LNG Train 4, LLC has signed a $4.3 billion EPC contract with Bechtel Energy Inc. for the construction of Train 4 and related infrastructure at the Rio Grande LNG Facility. The total estimated project costs are expected to be $6.0-$6.2 billion. The company aims for a positive Final Investment Decision in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:55 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.