NextDecade Corp
NASDAQ:NEXT
Operating Margin
NextDecade Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
NextDecade Corp
NASDAQ:NEXT
|
2.9B USD | N/A | |
| CA |
|
Enbridge Inc
TSX:ENB
|
133.6B CAD |
17%
|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
70.1B USD |
32%
|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
67.8B USD |
12%
|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
60B USD |
28%
|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
59.4B USD |
11%
|
|
| US |
|
MPLX LP
NYSE:MPLX
|
51.4B USD |
44%
|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
50.3B USD |
35%
|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
50.2B USD |
21%
|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
67.7B CAD |
44%
|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
35.5B USD |
16%
|
NextDecade Corp
Glance View
In the dynamic world of energy, NextDecade Corp. emerges as a significant player, straddling liquefied natural gas (LNG) and infrastructure development. Established with a vision to connect abundant natural gas reserves in the United States with the increasing global demand for cleaner energy, NextDecade focuses on developing export solutions. The centerpiece of its operation is the Rio Grande LNG project, strategically located in South Texas. This facility is designed to receive natural gas via pipelines, super-cool it to liquid form, and export it to international markets. By bridging U.S. supply with overseas demand, NextDecade taps into the lucrative global LNG market, where economic and political shifts continue to heighten the appeal of natural gas as a transitional energy source. At the heart of NextDecade's business model is its commitment to sustainability and innovation, leveraging cutting-edge technology to reduce carbon emissions and enhance operational efficiencies. The company offers a value proposition not only through its product – LNG – but also by aligning its processes with the evolving environmental standards and energy policies. This approach not only positions NextDecade to capitalize on traditional energy needs but also prepares it to adapt to future regulatory landscapes. Thus, the company derives revenue not just through direct sales of LNG but also through long-term contracts that hedge against market volatility, fostering an integrated and robust energy value chain that underpins its financial growth.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on NextDecade Corp's most recent financial statements, the company has Operating Margin of 0%.
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