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NextDecade Hits 68% Completion on Phase 1 as Debt Reaches $9.4 Billion

NEXT10-QFiling Date: 5/1/2026
NextDecade Corporation
Description

What this story covers

NextDecade's Q1 2026 filing shows significant construction progress at Rio Grande LNG, with Phase 1 nearly 68% complete. Despite a $136.4 million net loss, the company secured $1 billion in financing for its 2027 production goals.

Story snapshot

CompanyNextDecade Corporation
TickerNEXT
VariantStandard detailed
Duration13:54
Filing type10-Q
PeriodQ1 2026
IndustryEnergy
Accession0001612720-26-000026
Sources1

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Primary Sources

sec_filing10-QView on SEC.gov →

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