Episode

Ripple Effect Buys NextDecade Amid LNG Hype

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
May 30, 2026
Duration seconds
106
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Summary

Ripple Effect Asset Management just dumped nearly $4.2 million into NextDecade stock—buying over 739,000 shares to bring their total stake to more than 1.3 million—despite the company’s stock lagging the S&P 500 by a mile. Why? Because they’re betting big on NextDecade’s Rio Grande LNG project, which is ahead of schedule and already locked in future production deals. With first gas expected by late 2026 and full LNG production by early 2027, this move signals confidence in the company’s massive infrastructure play—even without any revenue yet. While Ripple Effect also holds put options to hedge, this bold purchase suggests they see long-term upside in NextDecade’s pipeline, and if the project delivers on time, the current valuation could look downright cheap. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/dfe75f4faddd4f43