Hanwha Aerospace buys NextDecade (NEXT) shares worth $7m

Published 26/09/2025, 01:06
Hanwha Aerospace buys NextDecade (NEXT) shares worth $7m

Hanwha Aerospace Co., Ltd. a ten percent owner of NextDecade Corp (NASDAQ:NEXT), has purchased shares of common stock in two transactions valued at $7,010,032. The purchases occurred on September 23 and September 24, 2025, with prices ranging from $6.9856 to $7.0193. The stock, currently trading at $6.87, has shown significant volatility with a 43% gain over the past year despite a 24% decline in the last six months. According to InvestingPro analysis, the stock’s RSI indicates oversold conditions.

On September 23, Hanwha Aerospace acquired 551,819 shares. The price per share ranged from $6.8100 to $7.1550. Following this transaction, Hanwha Aerospace directly held 18,088,187 shares of NextDecade. InvestingPro data reveals the company’s overall financial health score is rated as WEAK, with 12 additional key insights available to subscribers.

The following day, September 24, the company bought an additional 449,510 shares. The price per share for this transaction ranged from $6.8200 to $7.2200. After this purchase, Hanwha Aerospace’s direct ownership increased to 18,537,697 shares.

Hanwha Aerospace also indirectly holds 17,536,369 shares through Hanwha Ocean LLC.

In other recent news, NextDecade Corporation has made significant strides with its Rio Grande LNG project by reaching a positive final investment decision on Train 4. This decision includes financial transactions totaling approximately $6.7 billion to support Train 4 and its related infrastructure, featuring a $3.85 billion term loan facility and $1.13 billion in equity commitments from NextDecade. Investment partners such as Global Infrastructure Partners, GIC, Mubadala Investment Company, and TotalEnergies have also contributed $1.7 billion. Following this announcement, Morgan Stanley downgraded NextDecade’s stock from Overweight to Equalweight, citing a lower cash flow outlook. The downgrade comes as the company maintains expectations for a fourth-quarter 2025 decision on Train 5. Meanwhile, Dynagas LNG Partners has filed a Form 6-K with the SEC, providing interim unaudited consolidated financial statements for the first half of 2025. The filing includes management’s discussion and analysis of financial condition and results of operations.

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