24/7 Market News Snapshot 18 March, 2025 – NextDecade Corporation Common Stock (NASDAQ:NEXT)

March 18, 2025

DENVER, Colo., 18 March, 2025 (247marketnews.com) – (NASDAQ:NEXT) are discussed in this article.
NextDecade Corporation is experiencing notable momentum in the market, with shares trading significantly higher at approximately $8.315, reflecting an increase of 14.69% from the previous close of $7.25. This upward trend has been met with robust investor interest, as indicated by a trading volume of 2.63 million shares. Analysts are observing key resistance levels around $8.50 and support near the opening price, suggesting a promising short-term outlook for the company’s stock.

In parallel, NextDecade has announced a pivotal development following a judgment from the U.S. Court of Appeals for the D.C. Circuit. The court revised a previous ruling regarding the Federal Energy Regulatory Commission’s (FERC) order on the first five liquefaction trains at the Rio Grande LNG Facility. The revision remands the order without vacatur, ensuring that construction at the facility will proceed uninterrupted.

CEO Matt Schatzman expressed satisfaction with the court’s decision, highlighting its positive implications for shareholders, project partners, the local community, and customers. This ruling allows NextDecade to continue its commitment to advancing reliable and low-carbon energy solutions through the Rio Grande LNG facility, which is poised to have a liquefaction capacity of approximately 48 million tons per annum.

Moreover, the company is actively developing a carbon capture and storage initiative alongside its main project, reflecting its dedication to supporting sustainable energy goals. Trading under the ticker symbol “NEXT” on the Nasdaq Stock Market, NextDecade is strategically positioned to contribute to the global energy transition. With the court ruling bolstering its initiatives, the company is set to play an essential role in meeting the increasing demand for secure and sustainable energy solutions while collaborating closely with regulatory bodies and local communities in responsible energy development.

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