NextDecade stock price soars, company announces production schedule and expansion plans

LootboxPhobia · 2026-03-03T02:11:08+00:00

NextDecade Corporation stock price increased by approximately 11%, reaching $5.97, with plans to achieve its first liquefied natural gas production in the first half of 2027. The company expects to submit the application for Train 6 in mid-2026 and advance the development of Train 7 and Train 8. Meanwhile, U.S. natural gas futures rose by 6.4%.

LootboxPhobia

2026-03-03 02:11:08

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Investing.com – NextDecade Corporation (NASDAQ:NEXT) stock rose about 11% in pre-market trading on Monday to $5.97, as the liquefied natural gas company announced its production schedule and facility expansion plans.

CEO Matt Schatzman stated that the company expects to achieve first LNG production from Train 1 in the first half of 2027. NextDecade plans to submit a full application for Train 6 by mid-2026 and will advance the development of Trains 7 and 8 throughout the year.

According to the company, the Rio Grande LNG facility has enough space to accommodate up to 10 liquefaction trains.

On Monday, U.S. natural gas futures increased by 6.4%, reaching $3.03 per million British thermal units.

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