NextDecade Corp (NEXT) stock
Close on Nov 12, 2026Market cap $1.75BP/E –Yield –
NextDecade Corp reported revenue of $0 for the twelve months to Sep 30, 2026. Free cash flow was -$5.37B. At the latest close the market valued the company at $1.75B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $1.75B
- P/E ratio
- –
- Price to sales
- –
- Price to book
- 15.67
- Dividend yield
- –
- Free cash flow yield
- -306.58%
Fundamentals
- Revenue
- $0
- Net income
- -$429.64M
- EPS, diluted
- -$0.40
- Free cash flow
- -$5.37B
- Book value per share
- $0.40
- Diluted shares
- 281M
Trading
- Previous close
- $6.54
- Open
- $6.56
- Day's range
- $6.38 – $6.65
- Volume
- 1,809,941
- Average volume (20 days)
- 3,246,404
- Index membership
- Russell 2000 (since Jun 2022), Russell 3000 (since Aug 2022)
- Beta (5 years)
- 1.21
- 52-week range
- $4.75 – $9.24
- RSI (14 days)
- 50.9
- Volatility (1 year)
- 62.5%
- Relative volume
- 0.66×
- WACC
- 4.8%
Index membership is inferred from the holdings of funds that track each index (IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2015, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | NEXT | S&P 500 | Difference | NEXT per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -2.4% | -2.7% | +0.3 pts | ||
| 3 months | -3.6% | -1.7% | −1.8 pts | ||
| Year to date | +23.7% | +11.9% | +11.8 pts | ||
| 1 year | +6.7% | +12.0% | −5.3 pts | ||
| 3 years | +52.7% | +78.2% | −25.5 pts | +15.2% | +21.2% |
| 5 years | +70.2% | +73.2% | −3.0 pts | +11.2% | +11.6% |
| 10 years | -35.8% | +309.6% | −345.4 pts | -4.3% | +15.1% |
Twelve years at a glance
Fiscal years 2014 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases NextDecade filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Update
- Update
- Update
- Update
- Update
About NextDecade
Natural Gas Transmisison & Distribution
NextDecade Corporation is an energy company focused on natural gas liquefaction and the sale of liquefied natural gas. The company constructs and develops natural gas liquefaction and export facilities, alongside evaluating carbon capture and storage initiatives. Its commercial operations center on producing and providing liquefied natural gas as well as managing natural gas transportation. NextDecade serves third-party energy buyers and commercial counterparties under long-term purchase agreements, while also marketing uncontracted volumes across the broader commodity market through spot and short-term contracts.
Company profile, executives and historyNextDecade stock: common questions
What is NextDecade's stock price?
NEXT closed at $6.52 on Nov 12, 2026, down 0.31% on the day. Over the past 52 weeks it traded between $4.75 and $9.24.
What is NextDecade's market cap?
NextDecade was worth $1.75B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is NEXT's P/E ratio?
NextDecade lost money over the twelve months to Sep 30, 2026 (diluted EPS -$0.40), so it has no meaningful P/E ratio.
How much revenue does NextDecade make?
NextDecade reported revenue of $0 for the twelve months to Sep 30, 2026.
Does NextDecade pay a dividend?
No. NextDecade has not paid a cash dividend over the last twelve months.
How has NEXT stock performed over the past year?
Including dividends, NEXT returned +6.7% over the past year, against +12.0% for the S&P 500.
How many NEXT shares are sold short?
23M shares were sold short at the latest FINRA report, 11.93% of the float, or 6.7 days of average trading volume.
Who are NextDecade's competitors?
Companies most similar to NextDecade by business, industry and size include LNG, VG, CQP, SLNG, RGCO.
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