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NextDecade ( (NEXT) ) has issued an update.
On June 7, 2025, NextDecade‘s subsidiary, Rio Grande LNG Train 4, LLC, updated its EPC agreement with Bechtel Energy for the construction of the fourth liquefaction train at the Rio Grande LNG facility, setting a contract price of $4.768 billion. This agreement includes specific payment terms and conditions, with certain costs excluded from the contract price. On June 12, 2025, another subsidiary, Rio Grande LNG Train 5, LLC, entered into a similar EPC agreement with Bechtel for the fifth liquefaction train, priced at $4.320 billion. Both agreements highlight Bechtel’s responsibilities and liabilities, including performance guarantees and potential liquidated damages, while also offering incentives for early project completion.
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 energy sector, focusing on the development of liquefied natural gas (LNG) export projects. The company is primarily engaged in engineering, procurement, and construction (EPC) services for LNG facilities, with a market focus on expanding LNG infrastructure.
Average Trading Volume: 1,967,805
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.18B
For an in-depth examination of NEXT stock, go to TipRanks’ Overview page.