NextDecade Corporation's share traded at $5.25 as of January 13th, with a trailing P/E of 40.83 according to Yahoo Finance.
The company is uniquely positioned to capitalize on Europe's permanent exit from Russian natural gas, a shift driven by Brussels' push for "energy sovereignty" expected to fully take effect by the end of 2027.
As Russian pipeline and LNG supplies are phased out, European markets face higher energy costs, creating an arbitrage opportunity for producers like NEXT. Its Rio Grande LNG project in South Texas is timed to start operations just as Russian gas disappears from the continent. Major energy players TotalEnergies and Exxon have already secured most of the project's output, with pricing tied directly to European gas hubs.
With a market capitalization of $500 million today, NEXT is on track to generate $2–3 billion in annual cash flow within five years. The combination of timing, contractual security, and market supply-demand imbalance positions NEXT as a potential growth story over the coming decade.
Nishant Chandra shared a bullish outlook on NextDecade Corporation, emphasizing the timing of its Rio Grande LNG project to capture Europe's exit from Russian gas. Previously, a bullish thesis on Golar LNG Limited by Value Science in February 2025 highlighted potential upside from commodity-linked tariffs and newbuild vessels, though the stock price depreciated by approximately 2.65% since coverage due to timing and market volatility.
NextDecade Corporation is not on the list of the 30 Most Popular Stocks Among Hedge Funds. According to the database, 41 hedge fund portfolios held NEXT at the end of the third quarter, down from 50 in the previous quarter.