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 $1.95B market capitalization puts NEXT squarely in small-cap range for its industry. 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
$1.95B
Beta
1.57
P/E (TTM)
—
P/E (Fwd)
112.92
EPS (TTM)
$-1.35
EPS (Fwd)
$0.07
ROE
-15.8%
ROA
-1.2%
Cash
$83.7M
Total Debt
$10.66B
Free CF
-$4.92B
52W Change
-26.5%
Annual Financials
Cash vs Debt
Where NEXT stands vs its 150-day and 200-day moving averages
As of the August 20, 2026 close, NEXT finished 3.86% below its 150-day moving average ($6.99) and 0.90% above its 200-day moving average ($6.66). 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 August 20, 2026 close, NEXT's RSI(14) was 49.8, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, NEXT has $83.7M in cash with $10.66B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$4.92B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -15.8%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.
A beta of 1.57 means NEXT is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. 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.