| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.09 |
| 52 Week High | US$7.81 |
| 52 Week Low | US$1.84 |
| Beta | 0.46 |
| 1 Month Change | -17.37% |
| 3 Month Change | 190.00% |
| 1 Year Change | 207.58% |
| 3 Year Change | 12.16% |
| 5 Year Change | n/a |
| Change since IPO | -38.79% |
Recent News & Updates
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
| NEXT | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -3.2% | -3.5% | -2.5% |
| 1Y | 207.6% | 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
| NEXT volatility | |
|---|---|
| NEXT Average Weekly Movement | 18.6% |
| Oil and Gas Industry Average Movement | 8.5% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 57 | Matt Schatzman | https://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
| NEXT fundamental statistics | |
|---|---|
| Market Cap | US$779.36m |
| Earnings (TTM) | -US$50.04m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-15.6x
P/E RatioIs NEXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEXT income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$3.16m |
| Gross Profit | -US$3.16m |
| Other Expenses | US$46.88m |
| Earnings | -US$50.04m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.39 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did NEXT perform over the long term?
See historical performance and comparisonValuation
Is NextDecade undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation 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
2/6Future 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
0/6Past 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
5/6Financial 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
0/6Dividend 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/15 00:00 |
| End of Day Share Price | 2022/05/13 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.