NextDecade begins pre-filing process to expand Rio Grande LNG; shares up

Nextdecade

24/11/2025 14:14

** Shares of LNG producer NextDecade NEXT.O rise 2.1% to $5.8 premarket

     **  Co begins pre-filling process with the Federal Energy Regulatory Commission for Rio Grande LNG expansion, including a sixth liquefaction train and an additional marine berth
     ** "With five trains already under construction and room to double capacity, we are focused on the next phase of growth," CEO Matt Schatzman says
     ** Co expects to file a full application for this expansion with FERC in 2026

     **  Up to last close, share down 25.9% YTD

 (Reporting by Varun Sahay in Bengaluru)

 ((Varun.sahay@thomsonreuters.com;))