NasdaqCM:NEXTOil and Gas
Did NEXT’s On‑Track Rio Grande LNG Project Offset Its Widening Losses Just Shift NextDecade’s (NEXT) Investment Narrative?
NextDecade Corporation recently reported that for the quarter ended March 31, 2026, its net loss widened to US$136.41 million, or US$0.51 per basic share from continuing operations, compared with a US$88.81 million loss and US$0.34 per share a year earlier.
At the same time, the company reported that construction of its Rio Grande LNG facility remains on budget and ahead of schedule, with early electrical commissioning underway and strong interest in future liquefaction trains amid tighter...