NEXT

NextDecade Corporation Common Stock

Utilities · Natural Gas Transmission & Distribution
$7.80-0.38% today
AI Take · AlgoThesis

NEXT's 16.27% short interest stands out as notably elevated for a utility, suggesting meaningful skepticism about the LNG export story. Trading well below its 52-week high with an RSI of 57.7—neither overbought nor deeply oversold—the stock sits in a neutral technical zone. The lack of a P/E ratio indicates current losses, which aligns with NextDecade's pre-revenue phase as it develops its Rio Grande LNG project. The combination of substantial short exposure, negative earnings, and $2.1B market cap creates potential squeeze dynamics if project milestones accelerate, though execution risk on capital-intensive LNG infrastructure remains considerable.

Snapshot

Market cap
$2.1B
P/E
Forward P/E
EPS (TTM)
$-0.74
Dividend yield
Net margin
ROE
-70.7%
RSI (14)
58
Beta
-0.19
Short % of float
16.3%
Days to cover
3.3
52w high
No

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