NEXT
vs
S&P 500
NEXT
S&P 500
Over the past 12 months, NEXT has underperformed S&P 500, delivering a return of -26% compared to S&P 500's +21% growth.
Stocks Performance
NEXT vs S&P 500
Performance Gap
NEXT vs S&P 500
Performance By Year
NEXT vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
NextDecade Corp
Glance View
NextDecade develops and runs natural gas liquefaction facilities that turn pipeline gas into liquefied natural gas, or LNG, for export by ship. Its main project is the Rio Grande LNG terminal in Texas, where the company builds and sells the ability to liquefy, store, and load LNG for overseas customers. It does not drill for gas itself; it sits in the middle of the LNG value chain as the exporter and terminal operator. The company makes money mainly by signing long-term contracts with LNG buyers and charging fees tied to liquefaction and terminal use. Its customers are large energy buyers, utilities, and trading houses that want reliable LNG supply for power generation, heating, and industrial use, especially outside the United States. The business is capital-intensive because it requires major upfront investment in terminals, pipelines, and storage. What makes NextDecade different is that it is a pure-play LNG infrastructure company rather than a broad oil and gas producer. Its value comes from owning and operating export capacity that helps move U.S. natural gas into global markets. That puts it in a strategic position between gas producers at home and overseas buyers that need flexible, long-term LNG supply.
