Ripple Effect Asset Management has significantly increased its stake in NextDecade (NEXT), purchasing 739,723 shares for approximately $4.21 million in the first quarter of 2026. This acquisition brings Ripple Effect’s total holdings in NextDecade to 1,339,723 shares, valued at $7.10 million after accounting for stock price changes. Despite NextDecade’s shares rising 3% over the past year, they have underperformed compared to the S&P 500’s 28% gain.
NextDecade, focused on liquefied natural gas (LNG) export terminals and carbon capture projects, is advancing its flagship Rio Grande LNG facility, with significant progress reported on its construction. The company has already secured agreements for future LNG production, expected to generate substantial margins, indicating potential earnings growth as the facility nears commercialization in 2026 and 2027.
For investors, Ripple Effect’s increased investment suggests confidence in NextDecade’s future cash flow potential, especially if the company meets its construction timelines and expands its contract portfolio.
Source: fool.com