NextDecade Q2 2024 Earnings Report

NextDecade EPS Results

• Actual EPS: -$0.39
• Consensus EPS: -$0.11
• Beat/Miss: Missed by -$0.28
• One Year Ago EPS: N/A

NextDecade Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

NextDecade Announcement Details

• Quarter: Q2 2024
• Date: 8/14/2024
• Time: N/A
• Conference Call Date: Wednesday, August 14, 2024
• Conference Call Time: 4:00PM ET

NextDecade (NASDAQ:NEXT) is a Houston‐based liquefied natural gas (LNG) and decarbonization company focused on the development, engineering, construction and operation of large‐scale LNG export facilities. The company’s core mission is to deliver cleaner energy solutions to global customers while integrating carbon capture and sequestration technologies to reduce greenhouse gas emissions. NextDecade’s projects are designed to leverage abundant U.S. natural gas supplies to meet growing worldwide demand for low‐carbon fuel.

NextDecade’s flagship project, Rio Grande LNG, is located at the Port of Brownsville in southern Texas. Rio Grande LNG is being developed in multiple phases, with a design capacity that can accommodate several production trains capable of serving international markets. The project encompasses permit filings, front‐end engineering and design (FEED) studies, and agreements for pipeline interconnections that will secure feed gas from the Permian Basin and Eagle Ford Shale regions.

The company has entered into long‐term sale and purchase agreements with a diverse group of international energy companies to deliver LNG to customers in Asia, Europe and Latin America. In parallel with its export activities, NextDecade is advancing feasibility studies for carbon capture, utilization and storage infrastructure at its facilities to support decarbonization goals and enhance the environmental performance of its operations.

Founded in 2014, NextDecade went public on the Nasdaq exchange under the ticker NEXT. Headquartered in Houston, the company is led by President and Chief Executive Officer Matt Schatzman and supported by an executive team with deep experience in energy project development, finance and operations. NextDecade continues to pursue strategic partnerships and project milestones to bring its LNG and decarbonization solutions to market.