Welcome to our dedicated page for Nextdecade news (Ticker: NEXT), a resource for investors and traders seeking the latest updates and insights on Nextdecade stock.
NextDecade Corporation develops LNG export infrastructure through Rio Grande LNG, a natural gas liquefaction and export facility near Brownsville, Texas. Company news centers on construction and development of liquefaction trains, potential site expansion, EPC work with Bechtel, FERC permitting activity, LNG sale and purchase agreements, and project financing tied to train-level final investment decisions.
Updates also cover the company's potential carbon capture and storage project, commercial discussions for additional LNG capacity, capital commitments for Rio Grande LNG subsidiaries, investor calls and governance changes. The recurring news profile reflects an energy infrastructure company managing construction, permitting, financing and offtake arrangements for large-scale LNG infrastructure.
NextDecade (NASDAQ: NEXT) reported second-quarter 2026 progress on its Rio Grande LNG project and financing activities. As of June 2026, Trains 1 and 2 were 74.0% complete, Train 3 was 50.4%, Train 4 was 15.5%, and Train 5 was 9.4%, with Phase 1 ahead of the guaranteed EPC schedule. The main substation was energized in May, over 100 operational employees were seconded to Bechtel, and first gas into the facility is expected in the second half of 2026, with first LNG from Train 1 in the first half of 2027.
For expansion, NextDecade filed FERC and DOE applications for Train 6 and secured a Reservation Agreement with Baker Hughes for main refrigeration compressors; FERC scheduled the final Environmental Impact Statement for June 25, 2027. On the financing side, project subsidiaries issued $200 million of 6.56% senior secured notes for Train 5 (total $350 million outstanding), closed a $1.0 billion term loan maturing 2033, and completed a $3.5 billion senior secured notes offering with tranches maturing between 2031 and 2041. Interest rate swap notional reductions generated approximately $109 million of settlement receipts used to reduce credit facility borrowings.
NextDecade (NASDAQ: NEXT) will host a conference call and webcast on Thursday, July 30, 2026, at 9:00 a.m. Eastern Time (8:00 a.m. Central) to discuss second quarter 2026 developments.
According to NextDecade, an accompanying press release and presentation will be issued before the market opens and, along with the webcast and replay, will be accessible via the company’s investor website.
NextDecade (NASDAQ: NEXT) announced that Rio Grande LNG has priced a $3.50 billion senior secured notes offering across four tranches maturing between 2031 and 2041.
Proceeds are intended to repay existing credit agreement borrowings and cover related fees, with closing expected July 2, 2026.
NextDecade (NASDAQ: NEXT) announced that its partially owned subsidiary Rio Grande LNG intends to privately offer senior secured notes to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S. Proceeds are expected to repay existing borrowings, cover related fees, and fund interest rate hedge termination payments. The notes would rank pari passu with Rio Grande LNG’s existing senior secured debt. The contemplated notes will not be registered under the Securities Act and this announcement is not an offer to sell or solicitation to buy.
NextDecade (NASDAQ: NEXT) appointed John Zuklic as Chief Financial Officer, effective July 6, 2026. Interim CFO Mike Mott will return to Senior Vice President of Enterprise Transformation.
Zuklic has over 30 years of energy-industry finance experience at CITGO, Phillips 66, and ConocoPhillips.
NextDecade (NASDAQ: NEXT) provided a Q1 2026 business update highlighting construction progress at Rio Grande LNG and commercial activity.
Key facts: Phase 1 (Trains 1–2/common) is 67.8% complete; Train 3 44.2%; Train 4 10.6%; Train 5 6.8%. First gas expected H2 2026 and first LNG H1 2027. Trains 1–5 capacity ~30 MTPA; Trains 6–8 expected to add ~18 MTPA. Company executed >175 TBtu of LNG sales with expected cargo margin >$3.00/MMBtu and plans a FERC filing for Train 6 before end of Q2 2026.
NextDecade (NASDAQ: NEXT) will host a conference call and webcast on Friday, May 1, 2026 at 11:00 a.m. ET (10:00 a.m. CT) to discuss first-quarter 2026 developments.
The company expects to issue a press release and presentation before markets open that day; materials, live webcast and replay will be available on the company investor website.
NextDecade (NASDAQ: NEXT) provided a Q4 2025 business update on March 2, 2026, detailing construction, financings, commercial contracts, and permitting for the Rio Grande LNG Facility.
Key facts: ~30 MTPA under construction (Trains 1–5), Train 5 cost ~$6.7B and 6 MTPA capacity, first LNG expected H1 2027, and >175 TBtu of early LNG sales (~33% of open 2027–2029 volumes) with >$3.00/MMBtu expected cargo margin.
NextDecade (NASDAQ:NEXT) will host a conference call and webcast on Monday, March 2, 2026 at 10:00 a.m. ET (9:00 a.m. CT) to discuss fourth-quarter 2025 results and early 2026 developments. The company expects to issue a press release and presentation before market open that day.
Investors can access the press release, presentation, and live webcast via the company investor website, with a replay available after the webcast concludes.
NextDecade (NASDAQ: NEXT) has initiated the FERC pre-filing process for an expansion at Rio Grande LNG that would add a sixth liquefaction train (Train 6) and an additional marine berth.
The company said it expects to file a full FERC application in 2026, notes five trains are already under construction, and states there is site capacity that could potentially double overall facility capacity.