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BlackRock Inc. acquired a new position in shares of NextDecade Corporation (NASDAQ: NEXT) in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,820,718 shares of the company's stock, valued at approximately $179,608,000. BlackRock Inc. owned 8.95% of NextDecade as of its
Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NGL) exports. Companies also demonstrated the defensive nature of their fee-based cash flows.
NextDecade Corporation is advancing five LNG trains at Rio Grande, supported by long-term contracts and fully wrapped EPC agreements, mitigating construction and cost overrun risks. NEXT's economic interest will rise from 20.8% in Phase 1 to 60% in Train 4 and 70% in Train 5, with Train 6 offering potential for even greater accretion. Commissioning LNG sales at margins above $3.00 per MBtu and a forward price-to-book of 0.41 highlight undervaluation and near-term cash flow catalysts.
Deutsche Bank has raised its target price on Next PLC (LSE:NXT) to 16,000p from 14,000p following the clothing retailer's second-quarter trading update, while keeping a hold recommendation on the stock. Analyst Adam Cochrane said the shares, which closed at 15,715p on Thursday, now offer only around 2% upside.
NextDecade Corporation (NEXT) Q2 2026 Earnings Call Transcript
NextDecade NASDAQ: NEXT said construction of its Rio Grande LNG Phase 1 project continued ahead of the schedule reflected in its production guidance, with the company still targeting first gas later in 2026 and first LNG production from Train 1 in the first half of 2027.
HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (“NextDecade,” “we,” or the “Company”) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the second quarter of 2026. CEO Commentary “Construction at Rio Grande LNG continues to progress positively toward first LNG, ahead of schedule and within budget, while maintaining robust safety standards,” said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer. “We are working with Bechtel to coordinate an.
NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that it will host a conference call and webcast on Thursday, July 30, 2026, a