NextDecade Corporation's stock surged 6.34% in pre-market trading on Tuesday, reflecting a significant upward movement for the US liquefied natural gas (LNG) company.
The sharp rise is attributed to a jump in gas prices after Qatar, a major LNG producer, halted output due to the Iran war. This development has led to increased investor interest in US LNG companies, which are seen as potential beneficiaries of the supply disruption and higher energy prices.