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NEXT

NextDecade NasdaqCM:NEXT Stock Report

Last Price

US$6.09

Market Cap

US$779.4m

7D

-3.2%

1Y

207.6%

Updated

15 May, 2022

Data

Company Financials +
NEXT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

NEXT Stock Overview

NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas; and capture and storage of CO2 emissions.

NextDecade Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NextDecade
Historical stock prices
Current Share PriceUS$6.09
52 Week HighUS$7.81
52 Week LowUS$1.84
Beta0.46
1 Month Change-17.37%
3 Month Change190.00%
1 Year Change207.58%
3 Year Change12.16%
5 Year Changen/a
Change since IPO-38.79%

Recent News & Updates

Feb 17
Companies Like NextDecade (NASDAQ:NEXT) Are In A Position To Invest In Growth

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...

Shareholder Returns

NEXTUS Oil and GasUS Market
7D-3.2%-3.5%-2.5%
1Y207.6%47.7%-10.4%

Return vs Industry: NEXT exceeded the US Oil and Gas industry which returned 47.7% over the past year.

Return vs Market: NEXT exceeded the US Market which returned -10.4% over the past year.

Price Volatility

Is NEXT's price volatile compared to industry and market?
NEXT volatility
NEXT Average Weekly Movement18.6%
Oil and Gas Industry Average Movement8.5%
Market Average Movement7.8%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: NEXT is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: NEXT's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201057Matt Schatzmanhttps://www.next-decade.com

NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas; and capture and storage of CO2 emissions. The company focuses on the development activities of Rio Grande LNG terminal facility located in the Port of Brownsville, southern Texas. It also focuses on a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities.

NextDecade Fundamentals Summary

How do NextDecade's earnings and revenue compare to its market cap?
NEXT fundamental statistics
Market CapUS$779.36m
Earnings (TTM)-US$50.04m
Revenue (TTM)n/a

0.0x

P/S Ratio

-15.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEXT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$3.16m
Gross Profit-US$3.16m
Other ExpensesUS$46.88m
Earnings-US$50.04m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.39
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NEXT perform over the long term?

See historical performance and comparison

Valuation

Is NextDecade undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry

Share Price vs. Fair Value

Below Fair Value: NEXT ($6.09) is trading above our estimate of fair value ($2.12)

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 has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.


Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-31.4%

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: NEXT's revenue (92% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: NEXT's revenue (92% per year) 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


Past Performance

How has NextDecade performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.6%

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 7.6% 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 (86.4%).


Return on Equity

High ROE: NEXT has a negative Return on Equity (-16.22%), as it is currently unprofitable.


Financial Health

How is NextDecade's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: NEXT's short term assets ($23.4M) exceed its short term liabilities ($7.2M).

Long Term Liabilities: NEXT's short term assets ($23.4M) do not cover its long term liabilities ($30.6M).


Debt to Equity History and Analysis

Debt Level: NEXT is debt free.

Reducing Debt: NEXT has not had any debt for past 5 years.


Balance Sheet


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 sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: NEXT is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


7.75%

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as NEXT has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Matt Schatzman (55 yo)

4.25yrs

Tenure

US$9,202,686

Compensation

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 ($USD9.20M) is above average for companies of similar size in the US market ($USD3.88M).

Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: NEXT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: NEXT's board of directors are considered experienced (4.7 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.


Top Shareholders

Company Information

NextDecade Corporation's 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
  • Implied Market Cap: US$779.361m
  • Shares outstanding: 127.97m
  • Website: https://www.next-decade.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.