BUZZ-NextDecade begins pre-filing process to expand Rio Grande LNG; shares up

Reuters
2025/11/24
BUZZ-NextDecade begins pre-filing process to expand Rio Grande LNG; shares up

** Shares of LNG producer NextDecade NEXT.O rise 2.1% to $5.8 premarket

** Co begins pre-filling process with the Federal Energy Regulatory Commission for Rio Grande LNG expansion, including a sixth liquefaction train and an additional marine berth ** "With five trains already under construction and room to double capacity, we are focused on the next phase of growth," CEO Matt Schatzman says ** Co expects to file a full application for this expansion with FERC in 2026

** Up to last close, share down 25.9% YTD

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com;))

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