NextDecade Corporation (NASDAQ:NEXT) is one of the best oil stocks with highest upside potential.
NextDecade Corporation (NASDAQ:NEXT) provided an update on the developmental and strategic activities for fiscal Q4 2025 and early fiscal Q1 2025 on March 2. The company reported that it commercialized and attained positive final investment decisions (FIDs) on Trains 4 and 5 at the Rio Grande LNG Facility in 2025, with strong anticipated economic returns.
Management further stated that with 30 million tonnes per annum of expected LNG production capacity under construction and the goal of doubling its capacity to 60 MTPA on site, growth at attractive returns remains a primary focus for NextDecade Corporation (NASDAQ:NEXT). The company initiated the pre-filing process with the Federal Energy Regulatory Commission for Train 6 in November 2025, and anticipates filing a full application for Train 6 by mid-year. It also expects to advance the development of Trains 7 and 8 throughout the year.
NextDecade Corporation (NASDAQ:NEXT) further stated that another area of focus for the company is continuing to construct Trains 1 through 5 at the Rio Grande LNG Facility safely, on budget, and on or ahead of schedule. Trains 1 through 3 continue to track ahead of their guaranteed substantial completion dates, and the company is preparing to start commissioning activities at the facility this year. It expects the first LNG production in the first half of 2027.
NextDecade Corporation (NASDAQ:NEXT) is a development company with a focus on liquefied natural gas (LNG) export projects and associated pipelines. The company manages and develops floating and land-based liquefied natural gas projects in the Gulf Coast, with a focus on the Rio Grande LNG.
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