Rio Grande LNG facility
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NextDecade (NEXT) Insider Loads Up On the Stock After Plunge. Should You Buy the Dip Too?
Yahoo Finance· 2025-12-17 16:01
Core Insights - Hanwha Aerospace Co. Ltd. has increased its direct holdings in NextDecade Corporation by purchasing 932,598 shares, raising its ownership percentage to 9.356% of shares outstanding after the transaction [2][3][6] - The weighted average purchase price for these shares was approximately $6.16, which is 4.8% above the closing price of $5.88 on December 10, 2025, and 12.8% above the price of $5.46 on December 14, 2025 [4][6] - NextDecade's stock has experienced a significant decline of over 50% since mid-July, presenting a buying opportunity for investors [6][7] Company Overview - NextDecade Corporation is focused on developing liquefied natural gas (LNG) export infrastructure and carbon capture and storage (CCS) projects, particularly the Rio Grande LNG terminal in Texas [1][6] - The Rio Grande LNG facility is projected to have a total capacity of 48 million tonnes per annum, with 85% of its estimated LNG production already sold under long-term contracts with major energy companies [8][9] Market Context - The global demand for LNG is expected to rise by nearly 60% by 2040, positioning the Rio Grande terminal as a potential major player in the LNG export market [9] - Hanwha Aerospace's investment in NextDecade is strategically aligned with South Korea's focus on securing energy resources, particularly LNG from the U.S. [9]