NasdaqCM:NEXT

Stock Analysis Report

Executive Summary

NextDecade Corporation, a liquefied natural gas (LNG) development company, engages in the development of LNG export projects and associated pipelines in the State of Texas.

Snowflake

Fundamentals

Excellent balance sheet with weak fundamentals.

Risks

  • NextDecade has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has NextDecade's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.0%

NasdaqCM:NEXT

1.7%

US Oil and Gas

-0.02%

US Market


1 Year Return

50.9%

NasdaqCM:NEXT

-19.2%

US Oil and Gas

1.6%

US Market

NEXT outperformed the Oil and Gas industry which returned -18.3% over the past year.

NEXT outperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

NEXTIndustryMarket
7 Day4.0%1.7%-0.02%
30 Day41.0%6.0%2.7%
90 Day7.0%-4.0%1.4%
1 Year50.9%50.9%-16.2%-19.2%3.8%1.6%
3 Yearn/a1.1%-8.0%45.2%35.8%
5 Yearn/a-25.3%-35.5%61.8%44.1%

Price Volatility Vs. Market

How volatile is NextDecade's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NextDecade undervalued based on future cash flows and its price relative to the stock market?

12.98x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for NextDecade to establish if it is available at moderate discount.

Unable to calculate intrinsic value for NextDecade to establish if it is available at substantial discount.


Price Based on Earnings

NextDecade is loss making, we can't compare its value to the US Oil and Gas industry average.

NextDecade is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for NextDecade, we can't assess if its growth is good value.


Price Based on Value of Assets

NextDecade is overvalued based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is NextDecade expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

-61.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if NextDecade is high growth as no revenue estimate data is available.

NextDecade is not considered high growth as it is expected to be loss making for the next 1-3 years.

Unable to compare NextDecade's revenue growth to the United States of America market average as no estimate data is available.

Unable to compare NextDecade's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare NextDecade's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if NextDecade will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has NextDecade performed over the past 5 years?

-44.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

NextDecade does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare NextDecade's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare NextDecade's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if NextDecade has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if NextDecade has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if NextDecade improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is NextDecade's financial position?


Financial Position Analysis

NextDecade is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

NextDecade's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

NextDecade has no debt.

NextDecade has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

NextDecade has no debt, it does not need to be covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

NextDecade has less than a year of cash runway based on current free cash flow.

NextDecade has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 36.6% each year.


Next Steps

Dividend

What is NextDecade's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate NextDecade's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate NextDecade's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as NextDecade has not reported any payouts.

Unable to verify if NextDecade's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as NextDecade has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of NextDecade's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of NextDecade's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average management tenure


CEO

Matt Schatzman (53yo)

1.6yrs

Tenure

0

Mr. Matthew K. Schatzman, also known as Matt, serves as Chairman of the Board at NextDecade Corporation since June 04, 2019. He served as the President of NextDecade Corporation since September 18, 2017 un ...


Management Age and Tenure

1.6yrs

Average Tenure

The average tenure for the NextDecade management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.2yrs

Average Tenure

51.5yo

Average Age

The average tenure for the NextDecade board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Matt Schatzman (53yo)

    Chairman & CEO

    • Tenure: 1.6yrs
  • Patrick Hughes

    Senior Vice President of Strategy & Business Development

    • Tenure: 0.3yrs
  • Toni Beck

    Vice President of Communications & Community Relations

    • Tenure: 0.2yrs
  • Krysta De Lima

    General Counsel & Corporate Secretary

    • Tenure: 4.2yrs
  • Alfonso Puga

    Senior Vice President of LNG Marketing – Europe & Americas

    • Tenure: 3.9yrs
    • Compensation: US$656.25k
  • Ben Atkins

    Chief Financial Officer

    • Tenure: 3.8yrs
    • Compensation: US$481.25k
  • Eric Garcia (41yo)

    VP & Chief Accounting Officer

    • Tenure: 2.1yrs
  • Stephan Huisman

    Technical Director

    • Tenure: 0yrs
  • Raquel Couri

    Vice President of Human Resources & Administration

    • Tenure: 1.3yrs
  • James MacTaggart

    Senior Vice President of LNG Marketing – Asia & Middle East

    • Tenure: 1.3yrs

Board Members

  • Bill Vrattos (50yo)

    Director

    • Tenure: 2.2yrs
  • Matt Schatzman (53yo)

    Chairman & CEO

    • Tenure: 1.6yrs
  • Eric Rosenfeld (62yo)

    Director

    • Tenure: 2.2yrs
  • Dave Gallo

    Director

    • Tenure: 2.2yrs
  • Spencer Wells

    Director

    • Tenure: 2.2yrs
  • Matthew Bonanno (40yo)

    Lead Independent Director

    • Tenure: 0.3yrs
  • Taewon Jun

    Director

    • Tenure: 0.3yrs
  • David Magid

    Director

    • Tenure: 2.2yrs
  • Brian Belke

    Director

    • Tenure: 2.2yrs
  • Avinash Kripalani

    Director

    • Tenure: 2.2yrs

Company Information

NextDecade Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NextDecade Corporation
  • Ticker: NEXT
  • Exchange: NasdaqCM
  • Founded: 2010
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: US$714.094m
  • Shares outstanding: 110.54m
  • Website: https://www.next-decade.com

Number of Employees


Location

  • NextDecade Corporation
  • 1000 Louisiana Street
  • Suite 3900
  • Houston
  • Texas
  • 77002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NEXTNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJul 2017

Biography

NextDecade Corporation, a liquefied natural gas (LNG) development company, engages in the development of LNG export projects and associated pipelines in the State of Texas. It intends to develop a portfoli ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 00:29
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.