NextDecade Corporation
NEXTEnergyNASDAQOil & Gas Equipment & Services
Scan Results
Daily timeframeNextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company carries a $2.04B market cap, placing it firmly in the mid-cap category. 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
$2.04B
Beta
1.51
P/E (TTM)
—
P/E (Fwd)
-17.59
EPS (TTM)
$-1.35
EPS (Fwd)
$-0.44
ROE
-18.6%
ROA
-1.4%
Cash
$143.1M
Total Debt
$9.47B
Free CF
-$4.72B
52W Change
-36.0%
Annual Financials
Cash vs Debt
On the balance sheet, NEXT has $143.1M in cash with $9.47B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$4.72B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -18.6%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.
NextDecade Corporation's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. NextDecade Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for NextDecade Corporation and its sector.