NextDecade Corporation, a liquefied natural gas (LNG) development company, engages in the development activities related to the liquefaction and sale of LNG. More Details
+ 1 more risk
Excellent balance sheet with weak fundamentals.
Share Price & News
How has NextDecade's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NEXT's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: NEXT exceeded the US Oil and Gas industry which returned -45.5% over the past year.
Return vs Market: NEXT underperformed the US Market which returned 12.9% over the past year.
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
4 months ago | Simply Wall StOne Thing To Remember About The NextDecade Corporation (NASDAQ:NEXT) Share Price
6 months ago | Simply Wall StHere's Why We're Watching NextDecade's (NASDAQ:NEXT) Cash Burn Situation
10 months ago | Simply Wall StWhat Percentage Of NextDecade Corporation (NASDAQ:NEXT) Shares Do Insiders Own?
Is NextDecade undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: NEXT ($3.67) is trading above our estimate of fair value ($1.27)
Significantly Below Fair Value: NEXT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NEXT is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: NEXT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NEXT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NEXT is overvalued based on its PB Ratio (5.6x) compared to the US Oil and Gas industry average (0.8x).
How is NextDecade forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEXT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NEXT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NEXT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if NEXT's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if NEXT's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NEXT's Return on Equity is forecast to be high in 3 years time
How has NextDecade performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEXT is currently unprofitable.
Growing Profit Margin: NEXT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NEXT is unprofitable, and losses have increased over the past 5 years at a rate of 28.5% per year.
Accelerating Growth: Unable to compare NEXT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NEXT is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-39.4%).
Return on Equity
High ROE: NEXT has a negative Return on Equity (-12.12%), as it is currently unprofitable.
How is NextDecade's financial position?
Financial Position Analysis
Short Term Liabilities: NEXT's short term assets ($38.5M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: NEXT's short term assets ($38.5M) exceed its long term liabilities ($19.4M).
Debt to Equity History and Analysis
Debt Level: NEXT is debt free.
Reducing Debt: NEXT has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NEXT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NEXT has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 28.3% each year.
What is NextDecade current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NEXT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NEXT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NEXT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NEXT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NEXT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Schatzman (54 yo)
Mr. Matthew K. Schatzman, also known as Matt, serves as Chairman of the Board at NextDecade Corporation since June 04, 2019. He served as the President of NextDecade Corporation since September 18, 2017 un ...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD1.47M) is about average for companies of similar size in the US market ($USD1.98M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
|Chairman & CEO||2.58yrs||US$1.47m||0.95% |
|Chief Financial Officer||4.83yrs||US$398.24k||0.10% |
|General Counsel & Corporate Secretary||5yrs||US$491.88k||0.072% |
|VP & Chief Accounting Officer||3.08yrs||no data||0.015% |
|Technical Director||no data||no data||no data|
|Vice President of Human Resources & Administration||2.33yrs||no data||no data|
|Senior Vice President of Strategy & Business Development||1.33yrs||no data||no data|
|Senior Vice President of LNG Marketing – Asia & Middle East||2.25yrs||no data||no data|
|Senior Vice President of LNG Marketing for China & Southeast Asia||2.25yrs||no data||no data|
|Senior Vice President of LNG Marketing – Europe & America||1.67yrs||no data||no data|
|Senior Vice President of Engineering & Construction||no data||no data||0.051% |
|Senior Vice President of Gas Supply & Commercial Operations||1.33yrs||no data||no data|
Experienced Management: NEXT's management team is considered experienced (2.3 years average tenure).
|Chairman & CEO||2.58yrs||US$1.47m||0.95% |
|Non-Executive Independent Director||0.83yr||US$33.33k||0.075% |
|Lead Independent Director||0.42yr||no data||no data|
|Independent Director||0.75yr||no data||no data|
|Independent Director||3.17yrs||US$128.16k||0.067% |
|Independent Director||1.25yrs||no data||no data|
|Independent Director||3.17yrs||no data||0.032% |
|Independent Director||3.17yrs||no data||no data|
|Independent Director||0.42yr||no data||no data|
Experienced Board: NEXT's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.1%.
NextDecade Corporation's company bio, employee growth, exchange listings and data sources
- Name: NextDecade Corporation
- Ticker: NEXT
- Exchange: NasdaqCM
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$442.802m
- Shares outstanding: 120.65m
- Website: https://www.next-decade.com
Number of Employees
- NextDecade Corporation
- Wells Fargo Plaza
- Suite 3900
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NEXT||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Jul 2017|
NextDecade Corporation, a liquefied natural gas (LNG) development company, engages in the development activities related to the liquefaction and sale of LNG. It focusses on the development activities of Ri ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 06:13|
|End of Day Share Price||2020/09/21 00:00|
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.