NextDecade gains as Rio Grande LNG plans advance

Shares of LNG company NextDecade NEXT.O up ~11% at $5.97 premarket

Co expects to file a full application for Train 6 by mid-2026 and advance the development of Trains 7 and 8 throughout the year

"We expect first LNG production from Train 1 in the first half of 2027," says CEO Matt Schatzman

Adds there is sufficient space at the Rio Grande LNG Facility for up to 10 liquefaction trains

U.S. natural gas futures NGc1 up 6.4% at $3.03 mmBtu

As of last close, NEXT up 2.3% YTD