NextDecade Corporation (NASDAQ:NEXT) is included among the 12 Best LNG Stocks to Buy in 2026.
NextDecade Corporation (NASDAQ:NEXT) engages in the construction and development activities related to the liquefaction of natural gas in the United States
On May 13, Citi initiated coverage of NextDecade Corporation (NASDAQ:NEXT) with a ‘Buy’ rating and a price target of $11, indicating an upside of 30% from the current levels. With approximately 48 million tonnes per annum of potential liquefaction capacity currently under construction and in development at its Rio Grande LNG site, NextDecade Corporation (NASDAQ:NEXT) offers exposure to one of the last large-scale LNG export facilities on the US Gulf Coast. With the soaring global energy demand and supply disruptions in the Middle East, Citi expects American LNG to become an “increasingly coveted commodity”.
NextDecade revealed earlier this month that it is working to introduce first gas into the facility in the second half of this year and produce the first LNG from Train 1 in the first half of 2027. As of March 2026, Trains 1 and 2 are 67.8% complete. Train 3 is 44.2% complete, and Trains 4 and 5 are 10.6% and 6.8% complete, respectively.