nextdecade, llc, based in the woodlands, texas, is a global development and management company of liquefied natural gas projects. founded in 2010 by kathleen eisbrenner, nextdecade’s world-class team has developed, led, closed and operated industry-leading lng, gas and electricity projects across the globe. nextdecade delivers opportunities for customers to meet their unique needs by providing access to the full spectrum of the lng value chain, including infrastructure development, natural gas supply and project ownership. to fulfill this mission, nextdecade provides commercial flexibility and strategic partnerships inside a company culture that respects the values and needs of customers and the communities in which it operates. nextdecade builds successful projects by bringing together companies, people, and opportunities to assemble the best mix of assets. our current projects include rio grande lng (www.rglng.com) in brownsville, texas and pelican island lng in galveston, texa
Company profile
Ticker
NEXT
Exchange
Website
CEO
Matthew Schatzman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Harmony Merger Corp.
SEC CIK
Corporate docs
Subsidiaries
NextDecade LNG, LLC • NEXT Carbon Solutions, LLC • Rio Grande LNG Gas Supply LLC • Rio Grande LNG Gas Marketing LLC • Rio Grande LNG Super Holdings, LLC • Rio Grande LNG Intermediate Super Holdings, LLC • Rio Grande Intermediate Holdings, LLC • Rio Grande LNG Holdings, LLC • Rio Grande LNG, LLC ...
NEXT stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
3 Jun 24
10-Q
2024 Q1
Quarterly report
9 May 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
8-K
Changes in Registrant's Certifying Accountant
25 Mar 24
8-K
Other Events
20 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
Entry into a Material Definitive Agreement
12 Feb 24
8-K
Departure of Directors or Certain Officers
25 Jan 24
Latest ownership filings
SC 13D/A
York Capital Management Global Advisors, LLC
24 May 24
4
CAPITAL MANAGEMENT L P YORK
24 May 24
4
CAPITAL MANAGEMENT L P YORK
26 Mar 24
SC 13D/A
York Capital Management Global Advisors, LLC
26 Mar 24
4
Avinash Kripalani
26 Mar 24
4
Eric Garcia
5 Feb 24
4
Louis Spencer Wells
2 Feb 24
4
Edward Andrew Jr. Scoggins
2 Feb 24
4
Frank Chapman
2 Feb 24
4
Brian Belke
2 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 251.40 mm | 251.40 mm | 251.40 mm | 251.40 mm | 251.40 mm | 251.40 mm |
Cash burn (monthly) | 14.36 mm | (no burn) | 12.71 mm | 11.14 mm | 9.61 mm | 6.61 mm |
Cash used (since last report) | 32.47 mm | n/a | 28.73 mm | 25.19 mm | 21.73 mm | 14.93 mm |
Cash remaining | 218.93 mm | n/a | 222.67 mm | 226.21 mm | 229.67 mm | 236.46 mm |
Runway (months of cash) | 15.2 | n/a | 17.5 | 20.3 | 23.9 | 35.8 |
Institutional ownership, Q1 2024
98.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 123 |
Opened positions | 107 |
Closed positions | 1 |
Increased positions | 8 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 569.04 bn |
Total shares | 253.81 mm |
Total puts | 279.10 k |
Total calls | 1.38 mm |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
York Capital Management Global Advisors | 57.77 mm | $319.49 mm |
TTE TotalEnergies SE | 30.10 mm | $255.23 mm |
HGC Next Inv | 23.41 mm | $198.52 mm |
BLK Blackrock | 16.60 mm | $94.31 bn |
Mubadala Investment Co PJSC | 14.21 mm | $80.69 bn |
Ninteenth Investment | 14.21 mm | $100.58 mm |
Valinor Management | 14.16 mm | $80.40 bn |
Halcyon Mount Bonnell Fund | 9.54 mm | $52.92 mm |
Bardin Hill Investment Partners | 8.58 mm | $39.15 mm |
Bardin Hill Management Partners | 8.58 mm | $48.76 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 24 | York Capital Management Global Advisors | Common Stock, $ 0.0001 par value | Other | Dispose J | Yes | No | 0 | 18,437,070 | 0.00 | 39,337,035 |
22 Mar 24 | Bardin Hill Investment Partners | Common Stock, $ 0.0001 par value | Payment of exercise | Dispose F | Yes | No | 0 | 165 | 0.00 | 8,583,861 |
22 Mar 24 | Bardin Hill Investment Partners | Common Stock, $ 0.0001 par value | Option exercise | Acquire M | Yes | No | 0 | 91,227 | 0.00 | 8,584,026 |
22 Mar 24 | Bardin Hill Investment Partners | Series C Warrants Common Stock, $ 0.0001 par value | Option exercise | Dispose M | Yes | No | 0.01 | 91,227 | 912.27 | 0 |
22 Mar 24 | York Capital Management Global Advisors | Common Stock, $ 0.0001 par value | Payment of exercise | Dispose F | Yes | No | 0 | 794 | 0.00 | 57,774,102 |
22 Mar 24 | York Capital Management Global Advisors | Common Stock, $ 0.0001 par value | Option exercise | Acquire M | Yes | No | 0 | 436,861 | 0.00 | 57,774,896 |
22 Mar 24 | York Capital Management Global Advisors | Series C Warrants Common Stock, $ 0.0001 par value | Option exercise | Dispose M | Yes | No | 0.01 | 436,861 | 4.37 k | 0 |
2 Feb 24 | Eric Garcia | Common Stock | Payment of exercise | Dispose F | No | No | 5.01 | 1,977 | 9.90 k | 394,351 |
News
TD Cowen Maintains Hold on NextDecade, Raises Price Target to $9
6 Jun 24
Aramco In Discussions With Tellurian And NextDecade On LNG Projects: Report
5 Jun 24
Top 5 Energy Stocks That May Collapse In May
22 May 24
Why Virios Therapeutics Shares Are Trading Lower By Around 48%? Here Are Other Stocks Moving In Monday's Mid-Day Session
20 May 24
Overseas Shipholding, Micron, Squarespace, Incyte And Other Big Stocks Moving Higher On Monday
20 May 24