NextDecade stock turns profitable as Rio Grande LNG advances

Published on 11/10/2026 at 22:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NextDecade stock is in focus after a sharp third-quarter profit swing. Rio Grande LNG construction remains the key execution test for investors.

Profit Meets Project Execution

NextDecade moved from a year-earlier quarterly loss to net income as Rio Grande LNG development continued.
Construction progress and financing remain central to the investment case.
Management expects first LNG production in the second quarter of 2027.

NEXT, US65342K1051, Illustration mit AI erstellt.

NextDecade reported a sharp swing to quarterly profit as construction of its Rio Grande LNG export project continued. Simply Wall St published its analysis on Tuesday, November 10, based on NextDecade's third-quarter 2026 results.

Quarterly Profit Changes The Picture

Net income reached USD 155.38 million in the third quarter, compared with a net loss of USD 109.48 million a year earlier. Basic earnings per share moved from a loss of USD 0.42 to earnings of USD 0.58 from continuing operations, while the nine-month loss narrowed to USD 46.45 million from USD 259.15 million.

The improvement changes the reported earnings profile, but the longer-term investment case remains tied to the construction, commissioning and financing of Rio Grande LNG. Simply Wall St highlighted project execution, leverage and the timing of cash generation as key considerations for investors.

Rio Grande LNG Sets The Next Milestones

RGV Business Journal reported on November 2 that the first two production trains were nearly 80 percent complete overall. The publication said initial liquefied natural gas production is expected in the second quarter of 2027, while Train 1 is expected to reach substantial completion in the third quarter of 2027.

NextDecade stock traded at 5.72 euros on Lang & Schwarz at 22:44 CET on Tuesday, November 10. The quote is a current European trading indication; the earnings swing and the construction timetable remain separate considerations for investors.