.@XRG_Official and @NextDecadeLNG are partnering to build LNG infrastructure in Brownsville, TX. “The world needs more energy,” explains NextDecade CEO Matt Schatzman, and the UAE and US are committed to building it. https://t.co/5EtOXhYo0p #UAEPreferred
NextDecade Corp $NEXT is transitioning from a high-risk project developer into a major U.S. liquefied natural gas exporter as it constructs its massive Rio Grande LNG terminal in South Texas. Although currently pre-revenue with zero operational income, the company has secured twenty-year take-or-pay contracts that insulate its future cash flows from volatile commodity price swings. With construction on its first five liquefaction trains actively advancing under a turnkey contract with Bechtel, the project is positioned to capture a significant share of the expanding global energy market. Once operational, management projects steady-state distributable cash flows of up to eight hundred million dollars annually, representing a highly asymmetric long-term upside from its current consolidative trading range. Will this emerging tolling infrastructure giant successfully navigate its remaining construction milestones to unlock massive value for long-term investors?
$NEXT Back in for the 4th or 5th time. Love the tailwinds of the heavy insider buying by executives AND the largest S. Korean military company. Nice hammer formed today too. $IWM $IWC #smallcaps