Citigroup Boosts Stake in NextDecade Corporation

Investment firm increases ownership in LNG developer by over 1,100%

Mar. 4, 2026 at 8:54am

Got story updates? Submit your updates here. ›

Citigroup Inc. significantly increased its stake in NextDecade Corporation (NASDAQ:NEXT), a Houston-based liquefied natural gas (LNG) and decarbonization company, by 1,112.2% in the third quarter of 2025 according to a recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor now owns 681,904 shares of the company's stock, representing a 0.26% ownership stake worth $4.63 million.

Why it matters

NextDecade is developing the Rio Grande LNG export facility in Brownsville, Texas, which is designed to leverage abundant U.S. natural gas supplies to meet growing global demand for low-carbon fuel. Citigroup's substantial investment in the company suggests confidence in NextDecade's long-term growth potential as the energy transition accelerates.

The details

Citigroup purchased an additional 625,652 shares of NextDecade in the third quarter, bringing its total ownership to 681,904 shares. This represents a significant increase from the 56,252 shares the firm held in the prior quarter. NextDecade is focused on developing large-scale LNG export facilities that integrate carbon capture and sequestration technologies to reduce greenhouse gas emissions.

  • Citigroup increased its stake in NextDecade by 1,112.2% in the 3rd quarter of 2025.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

NextDecade Corporation

A Houston-based liquefied natural gas (LNG) and decarbonization company focused on developing large-scale LNG export facilities.

Got photos? Submit your photos here. ›

The takeaway

Citigroup's substantial investment in NextDecade signals confidence in the company's ability to capitalize on the growing global demand for low-carbon energy sources as the world transitions away from traditional fossil fuels.