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NextDecadeNEXT 24 Market Cap is $1,791.43 Mil as of Aug. 01, 2026. GuruFocus rates NEXT with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 1,045 Oil & Gas companies, NextDecade ranks better than 75.5% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). NextDecade's share price for the quarter that ended in Jun. 2026 was $7.54. NextDecade's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 265.39 Mil. Therefore, NextDecade's market cap for the quarter that ended in Jun. 2026 was $2,001.02 Mil.
NextDecade's quarterly market cap
increased
from Dec. 2025 ($1,395.50 Mil) to Mar. 2026 ($2,029.36 Mil) but then
declined
from Mar. 2026 ($2,029.36 Mil) to Jun. 2026 ($2,001.02 Mil).
NextDecade's annual market cap
increased
from Dec. 2023 ($1,223.51 Mil) to Dec. 2024 ($2,006.84 Mil) but then
declined
from Dec. 2024 ($2,006.84 Mil) to Dec. 2025 ($1,395.50 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NextDecade's Enterprise Value for Today is $14,625.10 Mil.
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
NextDecade Market Cap Related Terms
NextDecade Market Cap Historical Data
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The historical data trend for NextDecade's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, NextDecade's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NextDecade Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NextDecade's Market Cap distribution charts can be found below:
* The bar in red indicates where NextDecade's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
NextDecade's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NextDecade (NEXT) has a Market Cap of $1,791.43 Mil as of Aug. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NextDecade and its competitors. According to the industry distribution chart, NextDecade ranks #256 out of 1045 companies in the Oil & Gas industry, placing it in the top 24.5%.
Is NextDecade's Market Cap too high?
NextDecade's current Market Cap is $1,791.43 Mil. The Oil & Gas industry median Market Cap is 211.79. NextDecade's value of $1,791.43 Mil is 745.8% above this industry median. Based on the distribution chart, NextDecade ranks #256 out of 1045 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NextDecade has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does NextDecade's Market Cap compare to INVX and XPRO?
According to the Oil & Gas industry distribution chart, NextDecade ranks #256 out of 1045 companies for Market Cap. This places NextDecade in the top 25% of its industry — outperforming the majority of peers. The industry median Market Cap is 211.79. NextDecade's value of $1,791.43 Mil is 745.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 211.79, based on 1,045 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NextDecade's current Market Cap of $1,791.43 Mil is 745.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NextDecade and its competitors. For the Oil & Gas industry, the median Market Cap is 211.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextDecade's current Market Cap is $1,791.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextDecade stock overvalued right now?
NextDecade (NEXT) has a current Market Cap of $1,791.43 Mil. The current Market Cap is $1,791.43 Mil and 745.8% above the Oil & Gas industry median of 211.79. NextDecade's overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For NextDecade (NEXT), the current Market Cap is $1,791.43 Mil as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NextDecade Corp is a Houston-based energy company engaged in construction and development activities related to the liquefaction of natural gas, the sale of LNG, and the capture and storage of CO2 emissions. The group is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley near Brownsville, Texas (the Rio Grande LNG Facility). It also engaged in NEXT Carbon Solutions, advancing proprietary processes to lower the cost of utilizing carbon capture and storage (CCS) and help companies reduce their emissions and achieve their clean energy goals.
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