nextdecade, llc, based in the woodlands, texas, is a global development and management company of liquefied natural gas projects. founded in 2010 by kathleen eisbrenner, nextdecade’s world-class team has developed, led, closed and operated industry-leading lng, gas and electricity projects across the globe. nextdecade delivers opportunities for customers to meet their unique needs by providing access to the full spectrum of the lng value chain, including infrastructure development, natural gas supply and project ownership. to fulfill this mission, nextdecade provides commercial flexibility and strategic partnerships inside a company culture that respects the values and needs of customers and the communities in which it operates. nextdecade builds successful projects by bringing together companies, people, and opportunities to assemble the best mix of assets. our current projects include rio grande lng (www.rglng.com) in brownsville, texas and pelican island lng in galveston, texa
Company profile
Ticker
NEXT
Exchange
Website
CEO
Matthew Schatzman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Harmony Merger Corp.
SEC CIK
Corporate docs
Subsidiaries
NextDecade LNG, LLC • NEXT Carbon Solutions, LLC • Rio Grande LNG Gas Supply LLC • Rio Grande LNG Gas Marketing LLC • Rio Grande LNG Super Holdings, LLC • Rio Grande LNG Intermediate Super Holdings, LLC • Rio Grande Intermediate Holdings, LLC • Rio Grande LNG Holdings, LLC • Rio Grande LNG, LLC ...
NEXT stock data
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
25 Mar 24
8-K
Other Events
20 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
Entry into a Material Definitive Agreement
12 Feb 24
8-K
Departure of Directors or Certain Officers
25 Jan 24
8-K
NextDecade Announces $50 Million Senior Secured Revolving Credit Facility and $12.5 Million Interest Term Loan
8 Jan 24
8-K
Entry into a Material Definitive Agreement
3 Jan 24
EFFECT
Notice of effectiveness
26 Dec 23
424B3
Prospectus supplement
22 Dec 23
CORRESP
Correspondence with SEC
20 Dec 23
Latest ownership filings
4
CAPITAL MANAGEMENT L P YORK
26 Mar 24
SC 13D/A
York Capital Management Global Advisors, LLC
26 Mar 24
4
Avinash Kripalani
26 Mar 24
4
Eric Garcia
5 Feb 24
4
Louis Spencer Wells
2 Feb 24
4
Edward Andrew Jr. Scoggins
2 Feb 24
4
Frank Chapman
2 Feb 24
4
Brian Belke
2 Feb 24
3
Tim Wyatt
1 Feb 24
SC 13G
BlackRock Inc.
29 Jan 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 445.86 mm | 445.86 mm | 445.86 mm | 445.86 mm | 445.86 mm | 445.86 mm |
Cash burn (monthly) | (no burn) | (no burn) | 11.95 mm | 9.25 mm | 3.81 mm | 5.40 mm |
Cash used (since last report) | n/a | n/a | 79.80 mm | 61.77 mm | 25.44 mm | 36.04 mm |
Cash remaining | n/a | n/a | 366.06 mm | 384.09 mm | 420.42 mm | 409.82 mm |
Runway (months of cash) | n/a | n/a | 30.6 | 41.5 | 110.4 | 76.0 |
Institutional ownership, Q3 2023
95.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 125 |
Opened positions | 26 |
Closed positions | 16 |
Increased positions | 47 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 723.99 bn |
Total shares | 245.73 mm |
Total puts | 280.70 k |
Total calls | 475.60 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
York Capital Management Global Advisors | 48.32 mm | $247.42 bn |
TTE TotalEnergies SE | 30.10 mm | $255.23 mm |
HGC Next Inv | 23.41 mm | $198.52 mm |
Valinor Management | 17.76 mm | $90.92 bn |
Mubadala Investment Co PJSC | 14.21 mm | $84.53 mm |
Ninteenth Investment | 14.21 mm | $100.58 mm |
BLK Blackrock | 14.00 mm | $71.67 bn |
Bardin Hill Investment Partners | 12.70 mm | $107.72 mm |
Bardin Hill Management Partners | 11.21 mm | $57.39 bn |
Halcyon Mount Bonnell Fund | 9.54 mm | $52.92 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Bardin Hill Investment Partners | Common Stock, $ 0.0001 par value | Payment of exercise | Dispose F | Yes | No | 0 | 165 | 0.00 | 8,583,861 |
22 Mar 24 | Bardin Hill Investment Partners | Common Stock, $ 0.0001 par value | Option exercise | Acquire M | Yes | No | 0 | 91,227 | 0.00 | 8,584,026 |
22 Mar 24 | Bardin Hill Investment Partners | Series C Warrants Common Stock, $ 0.0001 par value | Option exercise | Dispose M | Yes | No | 0.01 | 91,227 | 912.27 | 0 |
22 Mar 24 | York Capital Management Global Advisors | Common Stock, $ 0.0001 par value | Payment of exercise | Dispose F | Yes | No | 0 | 794 | 0.00 | 57,774,102 |
22 Mar 24 | York Capital Management Global Advisors | Common Stock, $ 0.0001 par value | Option exercise | Acquire M | Yes | No | 0 | 436,861 | 0.00 | 57,774,896 |
22 Mar 24 | York Capital Management Global Advisors | Series C Warrants Common Stock, $ 0.0001 par value | Option exercise | Dispose M | Yes | No | 0.01 | 436,861 | 4.37 k | 0 |
2 Feb 24 | Eric Garcia | Common Stock | Payment of exercise | Dispose F | No | No | 5.01 | 1,977 | 9.90 k | 394,351 |
1 Nov 23 | Brian Belke | Common Stock | Other | Acquire J | No | No | 0 | 29,279 | 0.00 | 321,033 |