New Era Energy & Digital, Inc. develops and operates next-generation digital infrastructure and integrated power assets for advanced artificial intelligence hyperscalers. Its flagship project, Texas Critical Data Centers, covers 438 square kilometers in Ector County, Texas. The company was formerly known as New Era Helium, Inc. and changed its name to New Era Energy & Digital, Inc. in August 2025. It is based in Midland, Texas.
New Era Energy & Digital Fair Value Raised to US$11.67 on Data Center Progress
Analysts have lifted the implied fair value of New Era Energy & Digital to about US$11.67 from US$10.50, roughly an 11% increase, as Wall Street weighs progress at the company's Texas Critical Data Centers against sector and regulatory risk. Roth Capital initiated coverage with a Buy rating and a US$10 price target, saying the share price does not fully capture potential commercialization of Texas Critical Data Centers Phases I and II. Northland raised its target to US$12 from US$10 with an Outperform rating, citing progress on the Phase 1 PPA, strong major tenant interest, and management guidance around capacity delivery in 2H27, while B. Riley lifted its target to US$13 from US$10 and kept a Buy rating. B. Riley also noted that the digital mining and HPC peer group has fallen 34% since June 22, compared with 6.2% for the Russell 2000, reflecting regulatory uncertainty, higher yields, and slower leasing activity. The updated model raised the revenue growth assumption to 626.36% from 344.38%, lifted the profit margin forecast to 20.24% from 17.82%, cut the future P/E multiple to 26.88x from 75.20x, and adjusted the discount rate to 7.236% from 7.108%.
Artificial Intelligence › Colocation & Hyperscale REITs Capital
NUAI · Capital · Positive Analysts raised New Era Energy & Digital's fair value to ~US$11.67 and multiple firms lifted price targets on Texas Critical Data Centers progress.
Roth Capital Partners · Capital · Positive Roth Capital initiated coverage on New Era Energy & Digital with a Buy rating and US$10 price target.
New Era secures construction permits for Texas data center project
New Era Energy & Digital has secured construction permits for its Texas Critical Data Centers project, a milestone the company says reduces development risk at the site. The company received Development Structure and Drive Approach Permits from Ector County, submitted the Phase 1 plat to Ector County and the City of Odessa, and obtained approval of a Notice of Intent from the Texas Commission on Environmental Quality to begin grading. CEO Charlie Nelson said the standard air permit filed by Phase 2 power partner Thunderhead Energy Solutions will support approximately 550MW of Phase 2 capacity, up from 450MW, bringing Phases 1 and 2 to about 757MW combined on the same timeline. New Era also closed its 54-acre corridor acquisition, bringing the campus to 493 acres, and reported $84.8 million of cash and $270 million undrawn under its up to $290 million facility with Macquarie as of June 30, 2026.
NUAI · Regulation · Positive Secured construction permits and approvals for Texas data center project, reducing development risk.
Thunderhead Energy Solutions · Demand · Positive Thunderhead's air permit supports increased Phase 2 capacity, indicating stronger demand for its power solutions.
Grabar Law Office Investigates Claims for Shareholders of Commvault, Hub Group, New Era Energy, and Power Solutions
Grabar Law Office is investigating claims on behalf of long-term shareholders of Commvault Systems, Hub Group, New Era Energy and Digital, and Power Solutions International. The investigations concern whether certain officers and directors at each company breached their fiduciary duties. For Commvault, the probe follows a securities fraud class action alleging misleading statements about projected annual recurring revenue growth for fiscal year 2026. The Hub Group investigation relates to a complaint claiming financial misstatements from the first quarter of 2023 through the third quarter of 2025 involving premature revenue recognition and understated transportation costs. New Era Energy and Digital faces allegations of making false statements about its Texas Critical Data Centers project, permitting progress, and related-party transactions, with a New Mexico Attorney General suit alleging a fraudulent oil-and-gas scheme. Power Solutions International is accused of overstating its ability to capture data center market demand and understating the impact of manufacturing capacity enhancements. Shareholders who purchased shares before specified dates and still hold them may seek corporate reforms and return of funds at no cost.
CVLT · Regulation · Negative Securities fraud class action alleging misleading statements about ARR growth for FY2026.
HUBG · Regulation · Negative Complaint claiming financial misstatements from Q1 2023 through Q3 2025 involving premature revenue recognition and understated transportation costs.
NUAI · Regulation · Negative Allegations of false statements about Texas Critical Data Centers project, permitting progress, and related-party transactions; New Mexico AG suit alleging fraudulent oil-and-gas scheme.
PSIX · Regulation · Negative Accused of overstating ability to capture data center market demand and understating impact of manufacturing capacity enhancements.
New Era Energy Receives Final Court Approval For Acacia Trustee Settlement
New Era Energy & Digital has received final court approval for its settlement with the United States Trustee for the bankruptcy estates of Acacia Resources LLC and Acacia Operating Company LLC. The U.S. Bankruptcy Court for the Western District of Texas approved the settlement on July 9, under which the company defendants will pay a total of $1 million, with $350,000 going to the State of New Mexico and $650,000 to the trustee on behalf of the Acacia Resources bankruptcy estate. The payment is due within five business days of the court's approval order. The settlement resolves all trustee-controlled claims in the State of New Mexico's lawsuit against the company and certain related parties, and upon receipt of the payment, the trustee will release its defendants from those claims and dismiss them with prejudice. The State of New Mexico will continue to pursue three claims against E. Will Gray II in his individual capacity, while its five claims against the company itself are dismissed.
Grabar Law Office Investigates Claims on Behalf of Shareholders of Badger Meter, Navan, New Era Energy & Digital, and Power Solutions International
Grabar Law Office is investigating claims on behalf of shareholders of Badger Meter, Navan, New Era Energy & Digital, and Power Solutions International. The investigations concern whether certain officers and directors of each company breached their fiduciary duties. For Badger Meter, the probe follows a federal securities class action alleging that the company attributed strong financial performance to sustainable demand while results were materially impacted by accelerated customer orders, masking weakening trends, with the truth emerging through disappointing quarterly announcements in 2025 and 2026. The Navan investigation focuses on whether its IPO offering documents omitted material information about decelerating revenue growth and increased sales and marketing spending. The New Era Energy & Digital investigation involves allegations of false statements about its Texas Critical Data Centers project, permitting progress, and related-party transactions, as well as a lawsuit by the New Mexico Attorney General alleging a fraudulent oil-and-gas scheme. The Power Solutions International investigation concerns claims that the company overstated its ability to capture data center market demand and understated the impact of manufacturing capacity enhancements. Current shareholders who acquired shares during the specified periods may seek corporate reforms and return of funds at no cost.
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