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An update from NextDecade ( (NEXT) ) is now available.
On November 17, 2025, NextDecade‘s subsidiary, Rio Grande LNG Super Holdings, LLC, entered into an Amended and Restated Credit Agreement, which provides a $50 million Series A term loan and recharacterizes another $50 million of outstanding loan principal as Series A loans. These loans, maturing in 2030, are exchangeable for NextDecade’s common stock and include anti-dilution protections. The agreement also adjusts the terms for Series B loans and includes covenants limiting Super Holdings’ financial activities. This move terminates a prepayment obligation related to previous financing transactions and involves related agreements to extend warrant exercise periods and adjust board observer rights, potentially impacting the company’s financial flexibility and governance structure.
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.
More about NextDecade
NextDecade Corporation operates in the energy industry, focusing on liquefied natural gas (LNG) projects. The company is involved in the development of LNG export facilities and aims to provide clean energy solutions to global markets.
Average Trading Volume: 4,148,719
Technical Sentiment Signal: Sell
Current Market Cap: $1.6B
See more data about NEXT stock on TipRanks’ Stock Analysis page.