NEXT Carbon Solutions (NCS), a subsidiary of NextDecade Corporation (NASDAQ:NEXT) and California Resources Corporation (NYSE:CRC) today jointly announced the execution of an agreement (Agreement) to further explore the decarbonization of CRC's Elk Hills Power Plant. Through the deployment of NCS' proprietary post-combustion carbon capture processes for CRC's CalCapture CCS+ project, the companies seek to capture and utilize the emissions from the Elk Hills Power Plant for permanent storage in oil producing reservoirs. Pursuant to the Agreement, NCS will perform a front-end engineering design (FEED) study for the post combustion capture and compression of up to 95% of the carbon dioxide (CO

NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT), announced today that Tarik Skeik has been appointed Chief Operating Officer (COO) of the Company. In this role, Skeik will report to the Chairman and CEO, Matt Schatzman, and further enhance a management team with outstanding experience in major capital project delivery and operations as the Company works to deliver Phase 1 of Rio Grande LNG (RGLNG) safely, on schedule, and within budget, reach positive final investment decisions on RGLNG Trains 4 and 5, and advance its Next Carbon Solutions business. Before his appointment as the COO of the Company, Mr. Skeik, 44, was a global project executive at ExxonMobil where he worke

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced that the Board of Directors has appointed Brent E. Wahl as Chief Financial Officer effective February 1, 2021. Mr. Wahl has served as the Company’s Senior Vice President, Finance, since June 17, 2019. Mr. Wahl will replace Benjamin A. Atkins, who has notified the Company of his intention to resign his position as Chief Financial Officer for personal reasons. Mr. Atkins will continue to be employed by the Company until February 1, 2021, to ensure a seamless transition of the role to Mr. Wahl. “I join my fellow employees and Directors in congratulating Brent on his appointment

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13G - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

SC 13D/A - NextDecade Corp. (0001612720) (Subject)

4 - NextDecade Corp. (0001612720) (Issuer)

3 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

4 - NextDecade Corp. (0001612720) (Issuer)

Proceeds will be Used to Repay Existing $50 Million Revolving Credit Facility and $12.5 Million Interest Term Loan and for Working Capital and General Corporate Purposes NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT) announced today that its wholly owned subsidiary, Rio Grande LNG Super Holdings, LLC, has entered into a credit agreement with General Atlantic Credit's ("GA Credit") Atlantic Park Fund that provides for a $175 million senior secured loan (the "Senior Loan"). Proceeds from the Senior Loan were disbursed at closing on December 31, and net proceeds, after fees and related transaction expenses, will be used to repay outstanding borrowings under the Company's

NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT) today provided an update on developmental and strategic activities for the third quarter and early fourth quarter 2024. CEO Commentary "We continued to make excellent progress on the construction of Phase 1 at the Rio Grande Facility during the third quarter," said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer. "The facility continues to progress safely, in line with schedule, and on budget, and the site has significantly advanced in the past few months. The Bechtel team has done exemplary work, including continued pipe work for Train 1, completing the first foundation pour for Train 2, and preparing to b

NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT) announced today that its subsidiary Rio Grande LNG, LLC withdrew its application at the Federal Energy Regulatory Commission (FERC) for the proposed carbon capture and storage (CCS) project at the Rio Grande LNG facility and requested that the FERC terminate the CCS proceeding. "We appreciate the FERC's diligence during the review process," said NextDecade Chairman and CEO Matt Schatzman. "The CCS project at RGLNG is not sufficiently developed to allow FERC review to continue at this time. We remain committed to advancing and lowering the cost of utilizing carbon capture and storage and helping companies reduce their facilit

NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT) today provided an update on developmental and strategic activities for the second quarter and early third quarter 2024. CEO Commentary "NextDecade has recently made excellent strides toward achieving its dual goals of constructing Phase 1 at the Rio Grande LNG Facility safely, on schedule, and on budget, and progressing Train 4 expansion capacity toward a positive Final Investment Decision (FID)," said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer. "We do not agree with the D.C. Circuit Court's recent decision to vacate the Federal Energy Regulatory Commission's (FERC) remand authorization of the Rio Gr

Today, the U.S. Court of Appeals for the D.C. Circuit (Court) issued an order vacating the Federal Energy Regulatory Commission's (FERC) remand authorization of NextDecade Corporation's (NextDecade) (NASDAQ:NEXT) Rio Grande LNG Facility on the grounds that the FERC should have issued a supplemental Environmental Impact Statement (EIS) during its remand process. NextDecade is disappointed in the Court's decision and disagrees with its conclusions. The Company is reviewing the Court's decision and assessing all of its options. At this time, construction continues on the first three liquefaction trains and related infrastructure (Phase 1) at the Rio Grande LNG Facility, and the Company is ev

NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT) announced today that its subsidiary Rio Grande LNG Train 4, LLC (Rio Grande LNG Train 4) has executed a lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy Inc. (Bechtel) for the construction of Train 4 and related infrastructure at the Rio Grande LNG Facility. Rio Grande LNG Train 4 agreed to pay Bechtel approximately $4.3 billion for the work under the EPC contract for Train 4. Price validity under the contract extends through December 31, 2024. NextDecade currently projects that owner's costs, contingencies, financing fees and interest during construction will total approximately

NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT), announced today that Tarik Skeik has been appointed Chief Operating Officer (COO) of the Company. In this role, Skeik will report to the Chairman and CEO, Matt Schatzman, and further enhance a management team with outstanding experience in major capital project delivery and operations as the Company works to deliver Phase 1 of Rio Grande LNG (RGLNG) safely, on schedule, and within budget, reach positive final investment decisions on RGLNG Trains 4 and 5, and advance its Next Carbon Solutions business. Before his appointment as the COO of the Company, Mr. Skeik, 44, was a global project executive at ExxonMobil where he worke

Note proceeds will be utilized to reduce outstanding borrowings and commitments under existing Rio Grande LNG, LLC term loan facilities NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT) announced today that its subsidiary Rio Grande LNG, LLC (Rio Grande LNG) has issued $1.115 billion of senior secured notes in a private placement. These senior secured notes will accrue interest at a fixed rate of 6.58%. Proceeds from the notes will be used to reduce outstanding borrowings and commitments under Rio Grande LNG's existing term loan facilities for Phase 1 at the Rio Grande LNG Facility. The senior secured notes will be amortized over a period of 18 years beginning in Septembe

Aramco, one of the world's leading integrated energy and chemicals companies, and NextDecade Corporation (NextDecade) (NASDAQ:NEXT) announced today that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake from Train 4 at the Rio Grande LNG Facility at the Port of Brownsville, Texas, USA. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611802841/en/ Under the terms of the HoA, Aramco expects to purchase 1.2 million tonnes per annum (MTPA) of LNG for 20 years on a free on board basis, at a price indexed to Henry H

11.7% equity stake in Phase 1 of Rio Grande LNG marks ADNOC's first strategic investment in the US and complements its efforts to expand its lower-carbon LNG portfolio to meet growing gas demand ADNOC and NextDecade enter into 20-year LNG offtake agreement for 1.9 mtpa from Rio Grande LNG Train 4 NextDecade to maintain its expected economic interest in Phase 1 and fully permitted Train 4 and 5 expansion capacity ADNOC announced today the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade Corporation's (NextDecade) (NASDAQ:NEXT) Rio Grande LNG (RGLNG), a leading liquefied natural gas (LNG) export project located in Texas, United States (US), which is expected to produce

TD Cowen reiterated coverage of NextDecade with a rating of Buy and set a new price target of $9.00 from $7.00 previously

Wolfe Research upgraded NextDecade from Peer Perform to Outperform and set a new price target of $8.00

Stifel upgraded NextDecade from Hold to Buy and set a new price target of $9.00 from $7.50 previously

Stifel upgraded NextDecade from Sell to Hold and set a new price target of $6.00 from $4.50 previously

Stifel downgraded NextDecade from Hold to Sell and set a new price target of $4.00 from $2.00 previously

Credit Suisse downgraded NextDecade from Outperform to Neutral and set a new price target of $7.50 from $3.00 previously

Morgan Stanley reiterated coverage of NextDecade with a rating of Overweight and set a new price target of $5.00 from $6.00 previously

Evercore ISI upgraded NextDecade from In-line to Outperform and set a new price target of $9.00 from $3.00 previously

Morgan Stanley upgraded NextDecade from Equal-Weight to Overweight and set a new price target of $6.00

Morgan Stanley upgraded NextDecade from Underweight to Equal-Weight and set a new price target of $2.00