NextDecade (NEXT) Competitors

$6.40
+0.14 (+2.24%)
(As of 05:45 PM ET)

NEXT vs. GLP, KRP, DKL, WKC, EE, GEL, RES, HLX, SHLS, and CEPU

Should you be buying NextDecade stock or one of its competitors? The main competitors of NextDecade include Global Partners (GLP), Kimbell Royalty Partners (KRP), Delek Logistics Partners (DKL), World Kinect (WKC), Excelerate Energy (EE), Genesis Energy (GEL), RPC (RES), Helix Energy Solutions Group (HLX), Shoals Technologies Group (SHLS), and Central Puerto (CEPU). These companies are all part of the "oils/energy" sector.

NextDecade vs.

Global Partners (NYSE:GLP) and NextDecade (NASDAQ:NEXT) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, community ranking, earnings, media sentiment, profitability, analyst recommendations, institutional ownership, valuation and dividends.

38.1% of Global Partners shares are held by institutional investors. Comparatively, 66.7% of NextDecade shares are held by institutional investors. 41.5% of Global Partners shares are held by insiders. Comparatively, 1.2% of NextDecade shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Global Partners has a net margin of 0.92% compared to Global Partners' net margin of 0.00%. NextDecade's return on equity of 23.91% beat Global Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Global Partners0.92% 23.91% 4.94%
NextDecade N/A -110.75%-25.59%

Global Partners received 79 more outperform votes than NextDecade when rated by MarketBeat users. However, 58.86% of users gave NextDecade an outperform vote while only 55.56% of users gave Global Partners an outperform vote.

CompanyUnderperformOutperform
Global PartnersOutperform Votes
285
55.56%
Underperform Votes
228
44.44%
NextDecadeOutperform Votes
206
58.86%
Underperform Votes
144
41.14%

Global Partners presently has a consensus price target of $44.00, indicating a potential downside of 8.30%. NextDecade has a consensus price target of $8.50, indicating a potential upside of 36.00%. Given Global Partners' higher probable upside, analysts plainly believe NextDecade is more favorable than Global Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Global Partners
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
NextDecade
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Global Partners$16.49B0.10$142.60M$3.7612.70
NextDecadeN/AN/A-$162.26M-$0.77-8.17

Global Partners has a beta of 1.35, indicating that its share price is 35% more volatile than the S&P 500. Comparatively, NextDecade has a beta of 1.32, indicating that its share price is 32% more volatile than the S&P 500.

In the previous week, Global Partners had 7 more articles in the media than NextDecade. MarketBeat recorded 9 mentions for Global Partners and 2 mentions for NextDecade. NextDecade's average media sentiment score of 0.42 beat Global Partners' score of 0.34 indicating that Global Partners is being referred to more favorably in the media.

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

Summary

Global Partners 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

MetricNextDecadeGas transmission & distribution IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.61B$11.11B$8.01B$7.63B
Dividend YieldN/A3.17%11.35%3.93%
P/E Ratio-8.1712.6218.4816.45
Price / SalesN/A1.9995.3481.82
Price / CashN/A9.9510.8735.09
Price / Book2.181.943.434.39
Net Income-$162.26M$530.11M$991.80M$213.88M
7 Day Performance2.95%3.28%0.96%1.82%
1 Month Performance14.36%6.56%2.84%-3.77%
1 Year Performance14.78%4.15%7.89%9.28%

NextDecade Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GLP
Global Partners
2.8502 of 5 stars
$45.58
+0.3%
$44.00
-3.5%
+50.5%$1.54B$16.49B12.125,060Dividend Increase
Analyst Downgrade
News Coverage
KRP
Kimbell Royalty Partners
3.8127 of 5 stars
$15.86
-0.2%
$20.86
+31.5%
-0.2%$1.50B$294.07M17.242,020Upcoming Earnings
DKL
Delek Logistics Partners
3.0235 of 5 stars
$37.31
-0.2%
$45.00
+20.6%
-17.0%$1.63B$1.02B12.872,020Short Interest ↑
WKC
World Kinect
2.9039 of 5 stars
$24.55
-1.6%
$26.75
+9.0%
N/A$1.47B$47.71B29.235,289News Coverage
Gap Down
EE
Excelerate Energy
3.0547 of 5 stars
$15.13
-1.1%
$23.00
+52.0%
-17.5%$1.64B$1.16B14.69915Short Interest ↑
GEL
Genesis Energy
2.1864 of 5 stars
$11.83
+0.9%
$15.00
+26.8%
+15.9%$1.45B$3.18B53.772,137Upcoming Earnings
Short Interest ↑
RES
RPC
2.0579 of 5 stars
$7.70
-1.4%
$8.00
+3.9%
-0.8%$1.66B$1.62B8.562,691Earnings Report
Dividend Increase
Analyst Report
News Coverage
HLX
Helix Energy Solutions Group
4.5569 of 5 stars
$10.86
-2.3%
$14.67
+35.1%
+56.7%$1.66B$1.29B-155.142,531Earnings Report
Short Interest ↓
News Coverage
Positive News
SHLS
Shoals Technologies Group
3.7192 of 5 stars
$8.35
-4.2%
$21.06
+152.2%
-61.7%$1.42B$488.94M33.401,309Short Interest ↓
CEPU
Central Puerto
2.6455 of 5 stars
$9.39
-1.3%
$8.00
-14.8%
+65.1%$1.42B$1.20B3.96885

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This page (NASDAQ:NEXT) was last updated on 4/26/2024 by MarketBeat.com Staff

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