NextDecade gains on reaching positive FID on Rio Grande Train 4 LNG project

Nextdecade

09/09/2025 23:19

** Shares of LNG producer NextDecade NEXT.O rise ~2% to $10.13 in extended trading

** Company reaches positive final investment decision on Train 4 at its Rio Grande LNG export facility in Texas

** Project costs for Train 4 and related infrastructure are expected to total nearly $6.7 billion, which is being financed using equity and loan commitments

** Company expects positive FID on Train 5 in Q4

** Up till last close, stock up 29% YTD

 (Reporting by Pooja Menon in Bengaluru)

 ((Pooja.Menon@thomsonreuters.com;))