NextDecade Management
Management criteria checks 2/4
NextDecade's CEO is Matt Schatzman, appointed in Feb 2018, has a tenure of 8.42 years. total yearly compensation is $12.84M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 1.29% of the company’s shares, worth $25.92M. The average tenure of the management team and the board of directors is 2.9 years and 5.3 years respectively.
Key information
Matt Schatzman
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 7.20% |
| CEO tenure | 8.4yrs |
| CEO ownership | 1.3% |
| Management average tenure | 2.9yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
NEXT: Fair Outlook Hinges On Rio Grande Financing And Activist Oversight
Analysts now see higher upside for NextDecade, lifting their fair value estimate from $6.00 to $7.00 as they factor in updated assumptions for discount rates, revenue growth, profit margins, and a lower future P/E multiple. What’s in the News for NextDecade NextDecade subsidiary Rio Grande LNG Intermediate HoldCo Borrower, LLC secured a US$1b term loan credit agreement for the Rio Grande LNG project, with proceeds intended for equity injections into the project, repayment of project-level borrowings, transaction costs, and general administrative expenses, according to The Globe and Mail.NextDecade (NEXT) Stock Could Be 16.9% Undervalued After CFO Appointment
NextDecade (NEXT) stock is in focus after the company confirmed a new Chief Financial Officer, John Zuklic, and the election of Class C directors at its annual meeting on June 3, 2026. See our latest analysis for NextDecade. Those leadership updates come as NextDecade’s recent share price momentum has cooled, with the stock down 20.29% over the past month but still showing a 35.13% year to date share price return, compared with a weaker 1 year total shareholder return. If this kind of energy...
Early LNG Volumes And Long Term Demand Will Support Expanding Liquefaction Capacity
Catalysts About NextDecade NextDecade is developing and building the Rio Grande LNG export facility, focused on long-term LNG supply from multiple liquefaction trains on the U.S. Gulf Coast. What are the underlying business or industry changes driving this perspective?
Long Term LNG Expansion And Early Cash Flows Will Transform Future Earnings Potential
Catalysts About NextDecade NextDecade is developing and constructing liquefied natural gas export capacity at its Rio Grande LNG facility in South Texas. What are the underlying business or industry changes driving this perspective?Early LNG Margin Dependence And Contract Risks Will Restrain Long Term Cash Generation
Catalysts About NextDecade NextDecade is a liquefied natural gas company developing and constructing the Rio Grande LNG export facility in the U.S. Gulf Coast, with plans for up to 10 liquefaction trains. What are the underlying business or industry changes driving this perspective?We Think NextDecade (NASDAQ:NEXT) Needs To Drive Business Growth Carefully
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...Here's Why We're Not Too Worried About NextDecade's (NASDAQ:NEXT) Cash Burn Situation
Just because a business does not make any money, does not mean that the stock will go down. For example, although...Does This Valuation Of NextDecade Corporation (NASDAQ:NEXT) Imply Investors Are Overpaying?
Today we will run through one way of estimating the intrinsic value of NextDecade Corporation ( NASDAQ:NEXT ) by...NextDecade announces $85M private placement of common stock
NextDecade (NASDAQ:NEXT) will sell $85M of company's common stock to 10 institutional investors. The shares will be sold at $5.50/share, and the private placement is expected to close on September 19, 2022. The company intends to use the proceeds from the private placement to continue development activity in preparation for its anticipated positive final investment decision on the first three trains at its Rio Grande LNG project. Press ReleaseNextDecade announces 1.0 MTPA LNG sale and purchase agreement with ExxonMobil
NextDecade (NASDAQ:NEXT) enters a 20-year sale and purchase agreement with ExxonMobil LNG Asia Pacific, an ExxonMobil affiliate, for the supply of liquefied natural gas from company’s Rio Grande LNG export project in Brownsville, Texas. Under the agreement, EMLAP will purchase 1M metric tonnes per annum of LNG. The LNG will be supplied from the first two trains of Rio Grande LNG, with the first train expected to start commercial operations as early as 2026.Companies Like NextDecade (NASDAQ:NEXT) Are In A Position To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...Calculating The Fair Value Of NextDecade Corporation (NASDAQ:NEXT)
Does the January share price for NextDecade Corporation ( NASDAQ:NEXT ) reflect what it's really worth? Today, we will...NextDecade: More Rio Grande Delays
LNG markets continue to be hot, but contractual agreements for new supply still remain elusive. NextDecade has delayed its FID on Rio Grande again into the latter part of this year, likely due to a lack of productive discussions on offtake agreements. If the situation does not change soon, LNG shortfalls likely persist with demand set to only grow from here.NextDecade names Ivan Van der Walt as chief operating officer
NextDecade (NEXT) has appointed Ivan Van der Walt as the company's Chief Operating Officer effective July 1, 2021.The company also named Vera de Gyarfas as General Counsel and Corporate Secretary effective July 12, 2021.Van der Walt joined NextDecade in July 2018 serving as Senior Vice President, Engineering and Construction. He has nearly thirty years of experience in the global energy industry, including senior roles with Chicago Bridge & Iron and Chevron.de Gyarfas joins NextDecade with nearly thirty years of legal experience in the global energy industryCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -US$354m |
| Dec 31 2025 | US$13m | US$925k | -US$306m |
| Sep 30 2025 | n/a | n/a | -US$193m |
| Jun 30 2025 | n/a | n/a | -US$207m |
| Mar 31 2025 | n/a | n/a | -US$179m |
| Dec 31 2024 | US$5m | US$767k | -US$62m |
| Sep 30 2024 | n/a | n/a | -US$257m |
| Jun 30 2024 | n/a | n/a | -US$26m |
| Mar 31 2024 | n/a | n/a | -US$120m |
| Dec 31 2023 | US$12m | US$750k | -US$183m |
| Sep 30 2023 | n/a | n/a | -US$79m |
| Jun 30 2023 | n/a | n/a | -US$212m |
| Mar 31 2023 | n/a | n/a | -US$101m |
| Dec 31 2022 | US$11m | US$683k | -US$84m |
| Sep 30 2022 | n/a | n/a | -US$72m |
| Jun 30 2022 | n/a | n/a | -US$51m |
| Mar 31 2022 | n/a | n/a | -US$50m |
| Dec 31 2021 | US$9m | US$636k | -US$40m |
| Sep 30 2021 | n/a | n/a | -US$33m |
| Jun 30 2021 | n/a | n/a | -US$40m |
| Mar 31 2021 | n/a | n/a | -US$34m |
| Dec 31 2020 | US$581k | US$581k | -US$29m |
| Sep 30 2020 | n/a | n/a | -US$40m |
| Jun 30 2020 | n/a | n/a | -US$36m |
| Mar 31 2020 | n/a | n/a | -US$34m |
| Dec 31 2019 | US$1m | US$617k | -US$49m |
Compensation vs Market: Matt's total compensation ($USD12.84M) is above average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
CEO
Matt Schatzman (60 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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.4yrs | US$12.84m | 1.29% $ 25.9m | |
| Senior Vice President of Enterprise Transformation | no data | US$1.72m | 0.12% $ 2.4m | |
| Chief Operating Officer | 2yrs | US$3.07m | 0.032% $ 647.0k | |
| General Counsel & Corporate Secretary | 5yrs | US$3.54m | 0.19% $ 3.9m | |
| Chief Accounting Officer | 1.3yrs | no data | 0.083% $ 1.7m | |
| Executive Vice President of Human Resources & Administration | 8.2yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 5.5yrs | no data | no data | |
| Executive VP of Commercial & Carbon Solutions | 4.9yrs | no data | no data | |
| Senior Vice President of Engineering & Construction | 2.9yrs | no data | no data | |
| Senior Vice President of Operations | 2yrs | no data | no data | |
| Senior Vice President of Policy & Corporate Affairs | 1.3yrs | no data | no data |
Experienced Management: NEXT's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.8yrs | US$12.84m | 1.29% $ 25.9m | |
| Non-Executive Independent Director | 6.7yrs | US$255.00k | 0.11% $ 2.2m | |
| Lead Independent Director | 9yrs | US$240.00k | 0.48% $ 9.6m | |
| Board Observer | no data | no data | no data | |
| Director | 1yr | US$95.98k | 0.018% $ 359.3k | |
| Independent Director | less than a year | no data | 0.032% $ 643.6k | |
| Independent Director | 5.3yrs | US$225.00k | 0.070% $ 1.4m | |
| Independent Director | 9yrs | US$240.00k | 0.17% $ 3.3m | |
| Independent Director | 9yrs | no data | no data | |
| Independent Director | 1.8yrs | no data | no data | |
| Independent Director | 4.2yrs | no data | no data | |
| Independent Director | 1yr | no data | no data |
Experienced Board: NEXT's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 21:20 |
| End of Day Share Price | 2026/07/06 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NextDecade Corporation is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julien Dumoulin-Smith | BofA Global Research |
| Wade Suki | Capital One Securities, Inc. |
| Spiro Dounis | Citigroup Inc |