|Bid||4.20 x 800|
|Ask||7.05 x 1000|
|Day's Range||4.28 - 4.79|
|52 Week Range||3.95 - 10.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.25|
We may still be months away from 2019, but three Motley Fool energy analysts already see three big trends that will play out next year.
It’s the second C-suite change for the company in less than a year and comes as the company has announced some other changes regarding its proposed liquefied natural gas project in South Texas.
Federal regulators have released new timelines for reviewing applications for 12 proposed liquefied natural gas export terminals, including six projects planned in Texas.
As previously disclosed, NextDecade and McDermott International, Inc. (“McDermott”) planned to sign a lump-sum turnkey (“LSTK”) EPC contract for the construction of RGLNG by the end of 2Q 2018. NextDecade and McDermott have agreed not to execute an EPC contract for the construction of RGLNG.
NextDecade Corporation (“NextDecade”) (NEXT) announced today that the company’s Chief Operating Officer, René van Vliet, will retire as an officer and director of the company effective October 1, 2018. Mr. van Vliet will remain as an advisor to company until the end of 2018. Mr. van Vliet has helped position NextDecade to be one of the leading second wave U.S. LNG companies by overseeing the front-end engineering and design of the company’s Rio Grande LNG project and by helping implement the competitive EPC process NextDecade announced today, which will lead to a lump-sum turnkey EPC contract.
NextDecade Corporation (“NextDecade”) (NEXT) announced today that the Federal Energy Regulatory Commission (“FERC”) has issued a notice of schedule for environmental review of NextDecade’s Rio Grande LNG project in South Texas, as well as the associated Rio Bravo Pipeline to originate in the Agua Dulce area. According to the notice, FERC will issue its final Environmental Impact Statement (EIS) on April 26, 2019, based on issuance of a draft EIS in October 2018. FERC has established a 90-day Federal Authorization Decision Deadline on July 25, 2019.
NextDecade Corporation (“NextDecade” or the “Company”) (NEXT) announced today that it has agreed to sell Series B Convertible Preferred Stock to funds managed by BlackRock. The investment by funds managed by BlackRock further strengthens NextDecade’s capital position as it continues development of its Rio Grande LNG terminal facility and associated pipelines in South Texas. NextDecade is a liquefied natural gas development company focused on LNG export projects and associated pipelines in Texas, including the Rio Grande LNG export facility in Brownsville, Texas.
NextDecade Corporation (“NextDecade” or the “Company”) (NEXT) announced today that it has agreed to sell $50 million of convertible preferred stock to HGC NEXT INV, LLC (“HGC”), and to funds and accounts managed by each of York Capital Management Global Advisors, LLC and its affiliates (“York”), Valinor Management, L.P. (“Valinor”), and Halcyon Capital Management LP (“Halcyon”). HGC, a wholly owned subsidiary of a leading Korean petrochemical company, will invest $35 million, and the Company’s three largest stockholders, York, Valinor, and Halcyon, will invest $15 million pursuant to backstop agreements dated April 11, 2018.
NextDecade Corporation (“NextDecade” or the “Company”) (NEXT) announced today that Dr. Ping Lee has joined the Company as Senior Vice President, LNG Marketing – China and Southeast Asia. NextDecade announced earlier this year that it had opened offices in Singapore and Beijing to serve customers throughout Asia.
NextDecade Corporation (“NextDecade” or the “Company”) (NEXT) is set to join the Russell 2000® Index and Russell 3000® Index as part of the 2018 Russell indices reconstitution. Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
Protesters will include environmentalists and other opponents of plans to build LNG export terminals in deep South Texas.
Kaskela Law LLC has commenced an investigation of NextDecade Corp. on behalf of the Company’s stockholders. The investigation seeks to determine whether NextDecade’s executive officers and/or directors have breached their fiduciary duties to the Company and its stockholders.
China's interest in reducing its trade surplus with the United States through increased energy imports could advance plans for U.S. liquefied natural gas (LNG) plants and ethanol sales, analysts and energy executives involved in developing new LNG facilities said. Washington and Beijing stepped back from the brink of a full-blown trade war after talks last week, with the United States appearing to set aside for now its demands that China revamp key planks of its industrial policy. "China represents an enormous economic opportunity for U.S. LNG and ethanol exports as both products will likely see dramatic demand growth in the coming years, during which time the United States is also expected to dominate global export markets," Katie Bays, energy analyst at Height Securities in Washington, D.C., said in a note on Tuesday.
NextDecade Corporation announced today that, effective April 23, 2018, James MacTaggart will join the Company as Senior Vice President, LNG Marketing – Asia.
The Trump administration's planned steel tariffs and a potential trade battle with China could hurt U.S. liquefied natural gas companies just as a new wave of developments in the fast-growing market is gaining steam, company executives say. China is the fastest growing major buyer of LNG, making it an important customer for U.S. producers. It is also a significant exporter of the steel components used in LNG plant construction.
ABB has been selected as the Automation and Electrical partner for NextDecade's Rio Grande LNG project in South Texas HOUSTON , March 7, 2018 /PRNewswire/ -- NextDecade Corporation (NextDecade) (NASDAQ: ...
The Texas Commission on Environmental Quality will hold a public meeting in the Rio Grande Valley to discuss a permit application from a company seeking to build a pipeline and a liquefied natural gas export terminal in deep South Texas. The state agency will hold a March 8 meeting at the Brownsville Events Center to discuss a permit application filed by The Woodlands-based NextDecade Corp. to build Rio Grande LNG and the Rio Bravo Pipeline, TCEQ officials announced in a Friday afternoon notice. Using natural gas extracted from the Eagle Ford Shale and Permian Basin, NextDecade (NEXT) is seeking to build a pipeline that would connect the Agua Dulce natural gas hub near Corpus Christi to a proposed LNG export terminal at the Port of Brownsville.
Cheniere Energy Inc said on Friday it has signed a deal to sell liquefied natural gas to China National Petroleum Corp (CNPC) from its Corpus Christi export terminal under construction in Texas, moving the top U.S. LNG company closer to expanding the site. CNPC's PetroChina International Co Ltd subsidiary will buy about 1.2 million tonnes per annum (mtpa) of LNG under two agreements with a portion of the supply beginning in 2018 and the balance in 2023, Cheniere said.
NextDecade Corporation announced today that it has completed the Front-End Engineering & Design update package with CB&I for the proposed Rio Grande LNG project in South Texas.
NextDecade Corporation , a liquefied natural gas development company focused on LNG export projects in the State of Texas, announced that, effective February 1, 2018, Kathleen M.
A proposed project to export natural gas from the Eagle Ford Shale from deep South Texas has taken a step forward after the U.S. Coast Guard gave the Port of Brownsville a green light for LNG marine traffic. In a letter released by the Federal Energy Regulatory Commission on Thursday morning, U.S. Coast Guard Captain R.A. Hahn with the agency's regional office in Corpus Christi recommended that the Brownsville Ship Channel be considered suitable for tankers carrying shipments of liquefied natural gas.
Categories: Yahoo FinanceGet free summary analysis Company Profile NextDecade Corp. is an energetic project development and management company of LNG projects. The company engages in the development and management of land-based and floating liquefied natural gas projects. Its projects include the U.S. Gulf Coast called Rio Grande LNG. The company was founded in 2010 and is headquartered ... Read more (Read more...)
NextDecade Corporation announced several corporate updates today, including plans to participate in three investor conferences in December 2017 and the addition of key personnel to its industry-leading team.
NextDecade Corp. has received a 10-year tax abatement for its proposed Rio Grande LNG export terminal at the Port of Brownsville. The Cameron County Commissioners Court met on Tuesday where in a 4-1 vote, it approved a series of tax abatements for the liquefied natural gas export project. Under the deal, the terminal will be built in phases with full abatements for county property taxes during the first 10 years of operation.