NextDecade Secures $3 Billion for LNG Expansion

An update from NextDecade ( (NEXT) ) is now available.

On August 7, 2025, NextDecade Corporation announced entering into subscription agreements with TotalEnergies SE and GIP V Velocity Aggregator T4, L.P., among others, to finance the development of the fourth liquefaction train at the Rio Grande LNG Facility. The agreements involve equity commitments totaling approximately $3 billion, with specific equity interests allocated to each investor. The completion of these transactions is subject to certain conditions, including the absence of material adverse changes and the final investment decision on the project.

The most recent analyst rating on (NEXT) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on NextDecade stock, see the NEXT Stock Forecast page.

More about NextDecade

NextDecade Corporation operates in the liquefied natural gas (LNG) industry, focusing on the development of LNG export projects. Its primary service includes the development of LNG facilities, with a market focus on expanding LNG infrastructure and export capabilities.

Average Trading Volume: 2,545,011

Technical Sentiment Signal: Buy

Current Market Cap: $2.71B

For an in-depth examination of NEXT stock, go to TipRanks’ Overview page.