- ISIN
- US65342K1051
- CUSIP
- 65342K105
- Sector
- Energy
- Industry
- Oil & Gas E&P
- IPO Date
- Jun 4, 2015
Highlights
- Market Cap
- $1.96B
- Enterprise Value
- $10.97B
- EPS (TTM)
- -$1.35
- Gross Profit (TTM)
- -$15.67M
- EBITDA (TTM)
- -$271.66M
- Year Range
- $4.75 - $12.12
- Target Price
- $7.00
- ROA (TTM)
- -2.68%
- ROE (TTM)
- 1,152.91%
Share Price Chart
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Performance
NEXT Performance Chart
NextDecade Corporation (NEXT) is up 40.6% since the beginning of the year. At $7 per share, NEXT is trading 38.9% below its 52-week high of $12. Investors who bought $1,000 worth of NEXT shares 5 years ago would now be looking at an investment worth $1,625.
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Returns By Period
NextDecade Corporation (NEXT) has returned 40.61% so far this year and -12.20% over the past 12 months. Over the last ten years, NEXT has returned -2.98% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
NextDecade Corporation
- 1D
- 0.82%
- 1M
- -12.41%
- YTD
- 40.61%
- 6M
- 35.22%
- 1Y
- -12.20%
- 3Y*
- -2.24%
- 5Y*
- 10.20%
- 10Y*
- -2.98%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NEXT Monthly Returns History
Based on dividend-adjusted daily data since Jun 4, 2015, NEXT's average daily return is +0.12%, while the average monthly return is +2.30%. At this rate, an investment would double in approximately 2.5 years.
Historically, 49% of months were positive and 51% were negative. The best month was Sep 2020 with a return of +124.1%, while the worst month was Mar 2020 at -50.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.
On a daily basis, NEXT closed higher 41% of trading days. The best single day was Sep 8, 2020 with a return of +75.2%, while the worst single day was Mar 16, 2020 at -32.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.38% | 1.89% | 42.12% | 2.22% | 1.02% | -6.32% | 40.61% | ||||||
| 2025 | 9.99% | -3.07% | -5.35% | -3.86% | 10.70% | 7.61% | 27.50% | -5.63% | -36.66% | -12.67% | 3.04% | -13.75% | -31.65% |
| 2024 | 6.71% | -9.82% | 23.75% | 13.03% | 11.53% | 10.89% | 2.14% | -42.54% | 1.07% | 23.99% | 23.97% | 6.49% | 61.64% |
| 2023 | 21.26% | 17.86% | -29.60% | 25.35% | -10.91% | 47.93% | -32.16% | 8.98% | -15.65% | -14.26% | 13.67% | -4.41% | -3.44% |
| 2022 | -22.46% | 53.39% | 95.28% | -15.56% | 28.09% | -37.99% | 59.23% | 4.24% | -18.32% | 16.28% | -22.43% | -9.02% | 73.33% |
| 2021 | 11.48% | -15.02% | 34.85% | -17.23% | -12.67% | 113.99% | -20.34% | 0.91% | -16.27% | 32.01% | -13.35% | -10.38% | 36.36% |
Benchmark Metrics
NextDecade Corporation has an annualized alpha of 15.88%, beta of 1.11, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since June 04, 2015.
- This stock participated in 84.46% of S&P 500 Index downside but only 32.62% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.06 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 15.88%
- Beta
- 1.11
- R²
- 0.06
- Upside Capture
- 32.62%
- Downside Capture
- 84.46%
Return for Risk
Risk / Return Rank
NEXT ranks 36 for risk / return — below 36% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for NextDecade Corporation (NEXT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NEXT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 2.78 | -2.99 |
| Martin ratioReturn relative to average drawdown | -0.30 | 12.44 | -12.73 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the NextDecade Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NextDecade Corporation was 88.79%, occurring on May 14, 2020. Recovery took 1295 trading sessions.
The current NextDecade Corporation drawdown is 38.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2020 bear market2020 | -88.79%May 2020 | 2y 7mo | 5y 1mo | 7y 9moOct 2017 - Jul 2025 |
2026 bear market2026 | -60.00%Jan 2026 | 5mo 25d | — | 11mo 7dJul 2025 - now |
2017 correction2017 | -18.58%Aug 2017 | 21d | 2mo | 2mo 21dJul 2017 - Oct 2017 |
2015 pullback2015 | -3.96%Dec 2015 | 5mo 6d | 7mo 22d | 1y 23dJul 2015 - Aug 2016 |
2017 pullback2017 | -1.95%Jul 2017 | 0s | 8d | 8dJul 2017 - Jul 2017 |
Drawdown Indicators
| NEXT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.79% | -56.78% | -32.01% |
Max Drawdown (1Y)Largest decline over 1 year | -60.00% | -9.10% | -50.90% |
Max Drawdown (3Y)Largest decline over 3 years | -60.00% | -18.90% | -41.10% |
Max Drawdown (5Y)Largest decline over 5 years | -60.00% | -25.43% | -34.57% |
Max Drawdown (10Y)Largest decline over 10 years | -88.79% | -33.92% | -54.87% |
Current DrawdownCurrent decline from peak | -38.25% | -1.80% | -36.45% |
Average DrawdownAverage peak-to-trough decline | -39.02% | -10.71% | -28.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.40% | 2.03% | +39.37% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of NextDecade Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how NextDecade Corporation is priced in the market compared to other companies in the Oil & Gas E&P industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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