FID
First Trust Exchange-Traded Fund VI First Trust S&P International Dividend Aristocrats ETF
stock NASDAQ ETF

$NEXT — The setup is getting increasingly interesting.
NextDecade is building Rio Grande LNG into a potentially transformational U.S. LNG platform. Phase 1 construction is advancing, with Trains 1–2 around 74% complete, while the company has successfully refinanced roughly $4.6B of Phase 1 debt through the capital markets.
But the bigger opportunity may be what comes next.
🚀 **Train 6** is being actively commercialized, with management targeting a 2H 2027 FID.
🌎 Global LNG demand continues to favor reliable long-term U.S. supply, particularly from Asia and Europe.
🏗️ If NEXT can execute on additional trains through 2030s, the company could evolve from a single-project developer into a major LNG platform with substantial long-term cash-flow potential.
And this is where the asymmetry gets interesting:
**10-year potential:** \~$70–$120/share
**15-year potential:** \~$100–$180+/share

$NEXT — The setup is getting increasingly interesting.
NextDecade is building Rio Grande LNG into a potentially transformational U.S. LNG platform. Phase 1 construction is advancing, with Trains 1–2 around 74% complete, while the company has successfully refinanced roughly $4.6B of Phase 1 debt through the capital markets.
But the bigger opportunity may be what comes next.
🚀 **Train 6** is being actively commercialized, with management targeting a 2H 2027 FID.
🌎 Global LNG demand continues to favor reliable long-term U.S. supply, particularly from Asia and Europe.
🏗️ If NEXT can execute on additional trains through 2030s, the company could evolve from a single-project developer into a major LNG platform with substantial long-term cash-flow potential.
And this is where the asymmetry gets interesting:
**10-year potential:** \~$70–$120/share
**15-year potential:** \~$100–$180+/share