Why These Energy Stocks are Gaining This Week

2. NextDecade Corporation (NASDAQ:NEXT)

Share Price Gains Between Mar. 17 – Mar. 24: 30.07%

NextDecade Corporation (NASDAQ:NEXT) is an energy company that engages in construction and development activities related to the liquefaction of natural gas in the United States.

NextDecade Corporation (NASDAQ:NEXT) revealed last week that it has received a favorable ruling from the US Court of Appeals for the District of Columbia, allowing the construction of the company’s flagship LNG project in Texas. The Rio Grande LNG facility has been in development for several years and has already suffered repeated delays. The company was pleased with the revised judgement, stating that it will help remove uncertainties arising from environmental and legal challenges.