Sector: Energy | Industry: Oil & Gas Transportation Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1000 Louisiana St Ste 3900 HOUSTON TX 77002-5035 |
Tel: | N/A |
Website: | https://www.next-decade.com |
IR: | See website |
Key People | ||
Matthew K. Schatzman Chairman of the Board, Chief Executive Officer | Brent E. Wahl Chief Financial Officer | Vera De Gyarfas General Counsel, Corporate Secretary |
Business Overview |
NextDecade Corporation is an energy company. The Company is engaged in construction and development activities related to the liquefaction and sale of liquefied natural gas (LNG) and the capture and storage of carbon dioxide (CO2) emissions. The Company is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley in Brownsville, Texas (the Rio Grande LNG Facility), which has three liquefaction trains and related infrastructure under construction. Through its subsidiary, Rio Grande LNG, LLC (Rio Grande), the Company is constructing the Rio Grande LNG Facility on the north shore of the Brownsville Ship Channel. The site is located on 984 acres of land which has been leased long-term and includes 15 thousand feet of frontage on the Brownsville Ship Channel. It is also developing a planned carbon capture and storage (CCS) project at the Rio Grande LNG Facility and other potential CCS projects. |
Financial Overview |
For the fiscal year ended 31 December 2023, Nextdecade Corp revenues was not reported. Net loss applicable to common stockholders increased from $84.4M to $182.7M. Higher net loss reflects Natural Gas Transmisison & Distribution segment loss increase from $54.5M to $122.7M. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.65 to -$0.94. |
Employees: | 147 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,162M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$122.50M as of Dec 31, 2023 |
Net annual income (TTM): | -$182.75M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1,826M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,778M as of Dec 31, 2023 |
Shares outstanding: | 256,708,470 as of Mar 4, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |