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NextDecade Extends CEO Schatzman Contract and Compensation Package

Story Highlights
  • NextDecade renewed CEO Matthew Schatzman’s contract through 2029, with higher pay incentives.
  • The revised agreement grants Schatzman robust severance and equity protections, especially after change of control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NextDecade Extends CEO Schatzman Contract and Compensation Package

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NextDecade ( (NEXT) ) just unveiled an announcement.

On April 15, 2026, NextDecade Corporation amended and restated the employment agreement with Chairman and CEO Matthew Schatzman, replacing his 2017 contract and extending his initial term through April 15, 2029. The new agreement sets a $1,000,000 base salary, a target bonus of 130% of base pay, eligibility for long-term incentive awards, and access to standard health and disability benefits.

The contract outlines substantial severance protections if Schatzman is terminated without cause or resigns for good reason, including up to three years of salary, up to 300% of target bonus, prorated current-year bonus and extended benefits coverage. In a change-of-control scenario, he would also receive accelerated vesting of equity awards, reinforcing leadership continuity and potentially signaling the board’s emphasis on stability during strategic transactions.

The most recent analyst rating on (NEXT) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on NextDecade stock, see the NEXT Stock Forecast page.

Spark’s Take on NEXT Stock

According to Spark, TipRanks’ AI Analyst, NEXT is a Neutral.

The score is primarily weighed down by very weak financial performance (no revenue, sizable losses, and sustained cash burn with elevated balance sheet risk). Technicals provide some offset due to improving short-term momentum, but overbought signals and a lack of meaningful valuation support (negative P/E, no dividend) keep the overall score low.

To see Spark’s full report on NEXT stock, click here.

More about NextDecade

NextDecade Corporation operates in the energy infrastructure sector, focusing on liquefied natural gas development and related projects. The company is led by a board and executive team that oversee long-term planning, capital allocation, and strategic growth initiatives in its chosen markets.

Average Trading Volume: 4,544,138

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.99B

See more insights into NEXT stock on TipRanks’ Stock Analysis page.

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