NextDecade Executives and Stakeholders Demonstrate Confidence as LNG Expansion Advances

NextDecade Corporation (NEXT:US), with a market capitalization of approximately $1.82 billion, is advancing large-scale liquefied natural gas (LNG) and carbon capture projects. The company’s flagship Rio Grande LNG facility in Brownsville, Texas, has the potential to deliver 48 million tonnes per annum (MTPA) of liquefaction capacity under construction or in development, alongside plans for carbon capture to support its lower-carbon strategy.

Insider Buying Underscores Growing Conviction

Between September 12 and September 24, 2025, multiple executives and stakeholders made sizeable insider purchases totaling more than $15.9 million:

• Matthew K. Schatzman (Chairman & CEO): 281,500 shares at $7.14 for $2.01M, raising holdings to 5.25M shares.

• William Charles (Bill) Vrattos (Lead Independent Director): 500,000 shares at $7.31 for $3.66 million and 100,000 shares at $6.86 for $686K, boosting stake to 1.03M shares.

• Bardin Hill Investment Partners LP (Investment Management Company): 357,021 shares at $6.98 for $2.49M, lifting ownership to 9.28M shares.

• Edward Andrew Scoggins Jr. (Independent Director): 15,000 shares at $6.46 for $96,835, increasing stake to 200,070 shares.

• Hanwha Aerospace Co Ltd (10% Owner): 551,819 shares at $6.986 for $3.855 million and 449,510 shares at $7.019 for $3.155 million, raising holding to $18.538 shares.

This coordinated insider activity highlights strong alignment from leadership as NextDecade advances its LNG platform..

Strategic Progress and LNG Expansion

On September 9, 2025, NextDecade announced a positive final investment decision (FID) on Train 4 at Rio Grande LNG, fully funding the project without diluting common shareholders and issuing a full notice to proceed to Bechtel Energy Inc. Train 5 also continues to advance, with commercialization now complete following long-term LNG sale and purchase agreements (SPAs) with ConocoPhillips, EQT, and JERA totaling 4.5 MTPA. The company expects to reach FID on Train 5 in the fourth quarter of 2025.

Recent contracts further reinforce NextDecade’s role in global LNG markets. Agreements with major buyers including Aramco, TotalEnergies, ConocoPhillips, and EQT secure long-term offtake, positioning the company as a key supplier in meeting rising energy demand.

With accelerating LNG development, strong long-term contracts, and substantial insider buying, NextDecade is positioned to deliver both energy security and lower-carbon solutions on a global scale.