NextDecade gains on reaching positive FID on Rio Grande Train 4 LNG project
ReutersSep 9, 2025 10:19 PM
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
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