NextDecade Corporation (NEXT)
Energy · NCM
Price as at 1 Oct 2026, 08:45 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
NextDecade Corporation trades at $6.35. We do not hold enough of the inputs to value this company with the confidence the estimate implies, so we publish no fair value for it rather than a number we would not defend.
Our moat model scores it 5 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
NEXT earnings and analyst estimates
Recommendation mix, 6 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Israel Englander, MILLENNIUM MANAGEMENT LLC$17.00M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$6.16M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$825.5K · 0.0% of book
- Roberto Mignone, BRIDGER MANAGEMENT, LLC$511.5K · 0.3% of book
- Ken Griffin, CITADEL ADVISORS LLC$506.7K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
NEXT peers
The largest companies in the same industry (Oil & Gas Equipment & Services), then in the same sector.
- BKR Baker Hughes Company
- FTI TechnipFMC plc
- TS Tenaris S.A.
- SEI Solaris Energy Infrastructure, Inc.
- OII Oceaneering International, Inc.
- WHD Cactus, Inc.
- FLOC Flowco Holdings Inc.
- WBI WaterBridge Infrastructure LLC
Every energy company we cover is on the Energy hub.
Common questions
Which funds own NEXT?
7 of the institutions we track reported a position in NEXT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Where does SteadyShares get its NEXT data?
Fundamentals for NEXT come from company filings and exchange data, as listed on NCM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 08:45 UTC and is delayed. Our data quality score for this company is 75/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for NEXT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.