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NextDecade Corp. (NASDAQ:NEXT) is one of the 10 Stocks Investors Are Dumping Right Now.

NextDecade ended three straight days of losses on Wednesday, losing 7.55 percent to close at $8.08, as investors unloaded positions in energy companies amid the US and Iran’s two-week ceasefire.

NextDecade Corp. (NASDAQ:NEXT) dropped alongside its counterparts, including Venture Global, following President Donald Trump’s announcement that the US and Iran have agreed to a two-week ceasefire on condition of the latter reopening the Strait of Hormuz.

NextDecade

Photo from NextDecade Corp.’s website

The news, however, dampened sentiment for oil and gas companies, having benefited for weeks from the tensions that sparked surging prices for their commodities.

On the same day, prices of natural gas fell to $2.7025/MMBtu, with a potential to drop lower if the ceasefire stays, according to Oxford Economics lead US economist Bernard Yaros.

“But again, it’s going to really depend on the global energy market’s perception of the safety of going through the Strait of Hormuz,” he noted.

NextDecade Corp. (NASDAQ:NEXT) is a US-based liquefied natural gas (LNG) company currently developing the Rio Grande LNG facility in Texas.

Upon full operations, the facility would be capable of producing 48 MTPA of potential liquefaction capacity.

Late last month, NextDecade Corp. (NASDAQ:NEXT) said that it widened its net loss attributable to shareholders by 396 percent to $306 million from $61.7 million in 2024.

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