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NextDecade (NEXT) Competitors

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$7.98 -0.07 (-0.81%)
As of 01:10 PM Eastern
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NEXT vs. ELPC, KNTK, CWEN, TXNM, and KGS

Should you buy NextDecade stock or one of its competitors? MarketBeat compares NextDecade with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with NextDecade include Companhia Paranaense de Energia - Copel (ELPC), Kinetik (KNTK), Clearway Energy (CWEN), TXNM Energy (TXNM), and Kodiak Gas Services (KGS). These companies are all part of the "utilities" industry.

How does NextDecade compare to Companhia Paranaense de Energia - Copel?

Companhia Paranaense de Energia - Copel (NYSE:ELPC) and NextDecade (NASDAQ:NEXT) are both mid-cap utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, dividends, earnings, risk and media sentiment.

Companhia Paranaense de Energia - Copel's return on equity of 0.00% beat NextDecade's return on equity.

Company Net Margins Return on Equity Return on Assets
Companhia Paranaense de Energia - CopelN/A N/A N/A
NextDecade N/A -25.39%-4.96%

Companhia Paranaense de Energia - Copel has a beta of 0.06, suggesting that its stock price is 94% less volatile than the broader market. Comparatively, NextDecade has a beta of 1.65, suggesting that its stock price is 65% more volatile than the broader market.

Companhia Paranaense de Energia - Copel currently has a consensus price target of $10.40, suggesting a potential downside of 8.85%. NextDecade has a consensus price target of $8.00, suggesting a potential upside of 0.19%. Given NextDecade's higher probable upside, analysts plainly believe NextDecade is more favorable than Companhia Paranaense de Energia - Copel.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Companhia Paranaense de Energia - Copel
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
NextDecade
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33

Companhia Paranaense de Energia - Copel has higher revenue and earnings than NextDecade. NextDecade is trading at a lower price-to-earnings ratio than Companhia Paranaense de Energia - Copel, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Companhia Paranaense de Energia - Copel$4.68B1.82$424.24M$0.5720.02
NextDecadeN/AN/A-$306.43M-$1.34N/A

In the previous week, NextDecade had 5 more articles in the media than Companhia Paranaense de Energia - Copel. MarketBeat recorded 5 mentions for NextDecade and 0 mentions for Companhia Paranaense de Energia - Copel. NextDecade's average media sentiment score of 0.49 beat Companhia Paranaense de Energia - Copel's score of 0.00 indicating that NextDecade is being referred to more favorably in the news media.

Company Overall Sentiment
Companhia Paranaense de Energia - Copel Neutral
NextDecade Neutral

66.7% of NextDecade shares are owned by institutional investors. 1.8% of NextDecade shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Companhia Paranaense de Energia - Copel beats NextDecade on 7 of the 13 factors compared between the two stocks.

How does NextDecade compare to Kinetik?

NextDecade (NASDAQ:NEXT) and Kinetik (NYSE:KNTK) are both mid-cap energy companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, institutional ownership, valuation, earnings, risk, dividends, profitability and analyst recommendations.

Kinetik has a net margin of 28.58% compared to NextDecade's net margin of 0.00%. NextDecade's return on equity of -25.39% beat Kinetik's return on equity.

Company Net Margins Return on Equity Return on Assets
NextDecadeN/A -25.39% -4.96%
Kinetik 28.58%-36.36%7.10%

66.7% of NextDecade shares are owned by institutional investors. Comparatively, 21.1% of Kinetik shares are owned by institutional investors. 1.8% of NextDecade shares are owned by company insiders. Comparatively, 3.6% of Kinetik shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

NextDecade has a beta of 1.65, meaning that its share price is 65% more volatile than the broader market. Comparatively, Kinetik has a beta of 0.61, meaning that its share price is 39% less volatile than the broader market.

NextDecade presently has a consensus target price of $8.00, indicating a potential upside of 0.19%. Kinetik has a consensus target price of $48.92, indicating a potential upside of 7.30%. Given Kinetik's stronger consensus rating and higher possible upside, analysts clearly believe Kinetik is more favorable than NextDecade.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextDecade
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33
Kinetik
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.64

Kinetik has higher revenue and earnings than NextDecade. NextDecade is trading at a lower price-to-earnings ratio than Kinetik, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextDecadeN/AN/A-$306.43M-$1.34N/A
Kinetik$1.76B4.20$525.93M$2.4518.61

In the previous week, NextDecade had 2 more articles in the media than Kinetik. MarketBeat recorded 5 mentions for NextDecade and 3 mentions for Kinetik. Kinetik's average media sentiment score of 0.90 beat NextDecade's score of 0.49 indicating that Kinetik is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextDecade
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Kinetik
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Kinetik beats NextDecade on 11 of the 15 factors compared between the two stocks.

How does NextDecade compare to Clearway Energy?

NextDecade (NASDAQ:NEXT) and Clearway Energy (NYSE:CWEN) are both mid-cap energy companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, institutional ownership, valuation, dividends, analyst recommendations, earnings and profitability.

In the previous week, NextDecade had 5 more articles in the media than Clearway Energy. MarketBeat recorded 5 mentions for NextDecade and 0 mentions for Clearway Energy. NextDecade's average media sentiment score of 0.49 beat Clearway Energy's score of 0.00 indicating that NextDecade is being referred to more favorably in the media.

Company Overall Sentiment
NextDecade Neutral
Clearway Energy Neutral

NextDecade has a beta of 1.65, indicating that its stock price is 65% more volatile than the broader market. Comparatively, Clearway Energy has a beta of 0.87, indicating that its stock price is 13% less volatile than the broader market.

66.7% of NextDecade shares are held by institutional investors. Comparatively, 84.5% of Clearway Energy shares are held by institutional investors. 1.8% of NextDecade shares are held by insiders. Comparatively, 0.5% of Clearway Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

NextDecade presently has a consensus price target of $8.00, indicating a potential upside of 0.19%. Clearway Energy has a consensus price target of $43.00, indicating a potential upside of 4.49%. Given Clearway Energy's stronger consensus rating and higher possible upside, analysts clearly believe Clearway Energy is more favorable than NextDecade.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextDecade
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33
Clearway Energy
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78

Clearway Energy has higher revenue and earnings than NextDecade. NextDecade is trading at a lower price-to-earnings ratio than Clearway Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextDecadeN/AN/A-$306.43M-$1.34N/A
Clearway Energy$1.43B5.91$169M$0.041,028.85

Clearway Energy has a net margin of 0.13% compared to NextDecade's net margin of 0.00%. Clearway Energy's return on equity of 0.04% beat NextDecade's return on equity.

Company Net Margins Return on Equity Return on Assets
NextDecadeN/A -25.39% -4.96%
Clearway Energy 0.13%0.04%0.01%

Summary

Clearway Energy beats NextDecade on 11 of the 15 factors compared between the two stocks.

How does NextDecade compare to TXNM Energy?

TXNM Energy (NYSE:TXNM) and NextDecade (NASDAQ:NEXT) are both mid-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, dividends, media sentiment, risk and earnings.

TXNM Energy has a beta of 0.16, meaning that its stock price is 84% less volatile than the broader market. Comparatively, NextDecade has a beta of 1.65, meaning that its stock price is 65% more volatile than the broader market.

In the previous week, NextDecade had 3 more articles in the media than TXNM Energy. MarketBeat recorded 5 mentions for NextDecade and 2 mentions for TXNM Energy. TXNM Energy's average media sentiment score of 0.53 beat NextDecade's score of 0.49 indicating that TXNM Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TXNM Energy
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NextDecade
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

91.7% of TXNM Energy shares are held by institutional investors. Comparatively, 66.7% of NextDecade shares are held by institutional investors. 1.1% of TXNM Energy shares are held by insiders. Comparatively, 1.8% of NextDecade shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

TXNM Energy has higher revenue and earnings than NextDecade. NextDecade is trading at a lower price-to-earnings ratio than TXNM Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TXNM Energy$2.17B3.03$151.89M$1.3942.60
NextDecadeN/AN/A-$306.43M-$1.34N/A

TXNM Energy has a net margin of 6.96% compared to NextDecade's net margin of 0.00%. TXNM Energy's return on equity of 7.18% beat NextDecade's return on equity.

Company Net Margins Return on Equity Return on Assets
TXNM Energy6.96% 7.18% 2.05%
NextDecade N/A -25.39%-4.96%

TXNM Energy currently has a consensus target price of $61.25, suggesting a potential upside of 3.44%. NextDecade has a consensus target price of $8.00, suggesting a potential upside of 0.19%. Given TXNM Energy's higher probable upside, equities analysts clearly believe TXNM Energy is more favorable than NextDecade.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TXNM Energy
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
NextDecade
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33

Summary

TXNM Energy beats NextDecade on 10 of the 16 factors compared between the two stocks.

How does NextDecade compare to Kodiak Gas Services?

NextDecade (NASDAQ:NEXT) and Kodiak Gas Services (NYSE:KGS) are both mid-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings.

Kodiak Gas Services has a net margin of 5.13% compared to NextDecade's net margin of 0.00%. Kodiak Gas Services' return on equity of 13.12% beat NextDecade's return on equity.

Company Net Margins Return on Equity Return on Assets
NextDecadeN/A -25.39% -4.96%
Kodiak Gas Services 5.13%13.12%3.72%

Kodiak Gas Services has higher revenue and earnings than NextDecade. NextDecade is trading at a lower price-to-earnings ratio than Kodiak Gas Services, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextDecadeN/AN/A-$306.43M-$1.34N/A
Kodiak Gas Services$1.31B4.57$80.52M$0.7490.96

66.7% of NextDecade shares are held by institutional investors. Comparatively, 25.0% of Kodiak Gas Services shares are held by institutional investors. 1.8% of NextDecade shares are held by insiders. Comparatively, 0.6% of Kodiak Gas Services shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

NextDecade has a beta of 1.65, suggesting that its share price is 65% more volatile than the broader market. Comparatively, Kodiak Gas Services has a beta of 1.01, suggesting that its share price is 1% more volatile than the broader market.

In the previous week, Kodiak Gas Services had 1 more articles in the media than NextDecade. MarketBeat recorded 6 mentions for Kodiak Gas Services and 5 mentions for NextDecade. Kodiak Gas Services' average media sentiment score of 1.10 beat NextDecade's score of 0.49 indicating that Kodiak Gas Services is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextDecade
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Kodiak Gas Services
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

NextDecade currently has a consensus price target of $8.00, indicating a potential upside of 0.19%. Kodiak Gas Services has a consensus price target of $74.75, indicating a potential upside of 11.05%. Given Kodiak Gas Services' stronger consensus rating and higher possible upside, analysts plainly believe Kodiak Gas Services is more favorable than NextDecade.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextDecade
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33
Kodiak Gas Services
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.80

Summary

Kodiak Gas Services beats NextDecade on 12 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEXT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEXT vs. The Competition

MetricNextDecadeOil/Gas Prod Pipeline MLP IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.11B$33.95B$10.08B$12.60B
Dividend YieldN/A6.66%10.31%5.26%
P/E Ratio-5.9515.0620.4526.32
Price / SalesN/A1.48822.65114.49
Price / CashN/A7.8838.5956.90
Price / Book0.901.824.657.34
Net Income-$306.43M$2.21B$4.23B$337.06M
7 Day Performance-5.61%-7.57%-2.22%3.67%
1 Month Performance3.84%-5.13%-1.67%7.41%
1 Year Performance4.11%9.02%49.25%37.93%

NextDecade Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NEXT
NextDecade
2.3927 of 5 stars
$7.99
-0.8%
$8.00
+0.2%
+4.8%$2.11BN/AN/A60
ELPC
Companhia Paranaense de Energia - Copel
3.2503 of 5 stars
$11.72
-0.1%
$10.40
-11.3%
+42.5%$8.73B$4.68B20.576,320
KNTK
Kinetik
4.2589 of 5 stars
$50.44
-0.2%
$48.92
-3.0%
+2.5%$8.20B$1.76B20.59200
CWEN
Clearway Energy
1.9913 of 5 stars
$38.95
-0.1%
$40.57
+4.2%
+32.3%$8.00B$1.43B973.8960
TXNM
TXNM Energy
1.1404 of 5 stars
$59.48
+0.0%
$61.25
+3.0%
+5.2%$6.58B$2.17B42.791,700

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This page (NASDAQ:NEXT) was last updated on 5/29/2026 by MarketBeat.com Staff.
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