NextDecade Corporation

NextDecade Corporation is an energy company focused on the construction and development of natural gas liquefaction and export facilities in the United States. Its primary project is the Rio Grande LNG Facility located near Brownsville, Texas, which is designed to liquefy natural gas for export. The company also develops a carbon capture and storage project at the same facility to reduce emissions. Additionally, NextDecade is involved in the sale of LNG to customers. Founded in 2010 and headquartered in Houston, Texas, the company plays a key role in the growing LNG export market.

NextDecade Corporation is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol NEXT. Its shares trade in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. The NasdaqCM is a market tier of the Nasdaq stock exchange that lists smaller-cap companies, providing them with access to public capital markets while maintaining listing standards.

NextDecade Corporation operates in the Energy sector, specifically within the Oil & Gas Equipment & Services industry. This industry includes companies that provide equipment, services, and infrastructure for oil and gas exploration, production, and processing. In NextDecade's case, its focus is on liquefaction and export facilities for natural gas, as well as carbon capture technology. The company's activities are integral to the natural gas value chain, from processing to export.

NextDecade Corporation is headquartered in Houston, Texas, United States. The company primarily serves the global LNG market, with its Rio Grande LNG Facility located in the Rio Grande Valley near Brownsville, Texas. This strategic location provides access to abundant natural gas supplies from the Permian Basin and other US shale plays, as well as proximity to shipping routes for export to international markets. NextDecade's carbon capture and storage project also positions it to serve customers seeking lower-emission energy solutions.

NextDecade Corporation generates revenue primarily through the sale of liquefied natural gas (LNG). The company is developing the Rio Grande LNG Facility, a natural gas liquefaction and export terminal, which will produce LNG for sale to global buyers under long-term contracts. Additionally, NextDecade is developing a carbon capture and storage (CCS) project at the same facility, which could create additional revenue streams by offering carbon credits or lower-carbon LNG to environmentally conscious customers. The company's business model focuses on monetizing US natural gas reserves through liquefaction and export, while integrating carbon management to differentiate its product.