NextDecade Corporation
NEXTEnergyNASDAQOil & Gas Equipment & Services
Scan Results
Daily timeframeHeadquartered within the energy sector, NextDecade Corporation focuses on Oil & Gas Equipment & Services services and products. NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. With a market capitalization of $1.67B, it sits in small-cap territory. The company constructs and develops natural gas liquefaction and export facilities located in the Rio Grande Valley near Brownsville, Texas; and a carbon capture and storage project at the Rio Grande LNG Facility.
Market Cap
$1.67B
Beta
1.54
P/E (TTM)
—
P/E (Fwd)
6.76
EPS (TTM)
$-1.33
EPS (Fwd)
$0.93
ROE
-15.8%
ROA
-1.2%
Cash
$83.7M
Total Debt
$10.66B
Free CF
-$4.92B
52W Change
7.9%
Annual Financials
Cash vs Debt
Where NEXT stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, NEXT finished 15.88% below its 150-day moving average ($7.43) and 9.42% below its 200-day moving average ($6.90). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is NEXT overbought or oversold?
At the October 20, 2026 close, NEXT's RSI(14) was 48.0, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
NextDecade Corporation carries $10.66B in total debt against $83.7M in cash reserves — debt is roughly 127.4x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$4.92B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -15.8% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity.
With a beta above 1.5, NEXT tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. NextDecade Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence NextDecade Corporation's trajectory.