Added to YB: 2024-10-31
Pitch date: 2024-10-28
NEXT [bullish]
NextDecade Corporation
-12.76%
current return
Author Info
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Company Info
NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States.
Market Cap
$1.6B
Pitch Price
$5.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
-47.22
P/E
-8.30
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Quick Idea: NextDecade Corp. (NEXT US)
NEXT: $4.5bn EV LNG co developing Rio Grande project. Aug '24 FERC remand vacated, risking construction halt. Petition for rehearing filed Oct '24. 6-train, 33 MTPA capacity planned. $640/MT EPC cost for initial 2 trains. Key risks: regulatory approval, construction delays. Brownsville location advantageous for exports.
Read full article (5 min)