NextDecade Corporation

NextDecade Corporation

NEXTยทNASDAQ

$8.54

+1.2%
EnergyOil & Gas Exploration & Production

NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. The company focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas. It also focuses on a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities. The company was founded in 2010 is based in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$2.26B
EPS-1.1700
P/E Ratio-7.30
Earnings Date06/03/2026
NextDecade Corporation

NextDecade Corporation Fair Value Envelope

NEXT ยท NASDAQ

Our analysis suggests that NEXT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $8.5388, this represents a potential HIDDEN relative to our calculated worth for NextDecade Corporation.

Intrinsic Value
Current Price: $8.5388

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$981.2M
+ Cash & Equivalents$143.8M
Firm Value-$837.5M
- Debt$8.7B
Equity Value-$9.5B
/ Shares Outstanding264,730,720B
DCF Value-$36
OVERVALUED BY 520%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$84.7M
-$42.3M
-$21.2M
-$10.6M
-$5.3M
-$2.6M
-$1.3M
-$661.7K
-$330.9K
-$165.4K
Maintenance CapEx
-$484.7M
-$242.3M
-$121.2M
-$60.6M
-$30.3M
-$15.1M
-$7.6M
-$3.8M
-$1.9M
-$946.6K
Owner Earnings
-$569.4M
-$284.7M
-$142.3M
-$71.2M
-$35.6M
-$17.8M
-$8.9M
-$4.4M
-$2.2M
-$1.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$527.2M
-$244.1M
-$113.0M
-$52.3M
-$24.2M
-$11.2M
-$5.2M
-$2.4M
-$1.1M
-$515.1K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.