Excelerate Energy, Inc. provides flexible liquefied natural gas (LNG) solutions worldwide. The company offers floating regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; natural gas supply to-power projects; and a suite of smaller-scale gas distribution solutions. It also leases an LNG terminal in Bahia, Brazil. Excelerate Energy, LLC acts as general partner of the company. Excelerate Energy, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas. Excelerate Energy, Inc. operates as a subsidiary of Excelerate Energy Holdings, LLC.
IPO Year: 2022
Exchange: NYSE
Website: https://www.excelerateenergy.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/30/2024 | $20.00 → $19.00 | Equal Weight → Underweight | Wells Fargo |
4/30/2024 | $21.00 | Overweight | Stephens |
2/26/2024 | $23.00 | Outperform | Northland Capital |
12/14/2023 | $20.00 → $18.00 | Overweight → Equal Weight | Wells Fargo |
11/17/2023 | $24.00 | Overweight | CapitalOne |
4/10/2023 | $31.00 | Buy | Deutsche Bank |
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
4 - Excelerate Energy, Inc. (0001888447) (Issuer)
Wells Fargo downgraded Excelerate Energy from Equal Weight to Underweight and set a new price target of $19.00 from $20.00 previously
Stephens initiated coverage of Excelerate Energy with a rating of Overweight and set a new price target of $21.00
Northland Capital initiated coverage of Excelerate Energy with a rating of Outperform and set a new price target of $23.00
Wells Fargo downgraded Excelerate Energy from Overweight to Equal Weight and set a new price target of $18.00 from $20.00 previously
CapitalOne initiated coverage of Excelerate Energy with a rating of Overweight and set a new price target of $24.00
Deutsche Bank initiated coverage of Excelerate Energy with a rating of Buy and set a new price target of $31.00
10-Q - Excelerate Energy, Inc. (0001888447) (Filer)
8-K - Excelerate Energy, Inc. (0001888447) (Filer)
8-K - Excelerate Energy, Inc. (0001888447) (Filer)
10-Q - Excelerate Energy, Inc. (0001888447) (Filer)
8-K - Excelerate Energy, Inc. (0001888447) (Filer)
ARS - Excelerate Energy, Inc. (0001888447) (Filer)
DEFA14A - Excelerate Energy, Inc. (0001888447) (Filer)
DEF 14A - Excelerate Energy, Inc. (0001888447) (Filer)
8-K - Excelerate Energy, Inc. (0001888447) (Filer)
10-K - Excelerate Energy, Inc. (0001888447) (Filer)
SC 13G - Excelerate Energy, Inc. (0001888447) (Subject)
SC 13G - Excelerate Energy, Inc. (0001888447) (Subject)
SC 13G - Excelerate Energy, Inc. (0001888447) (Subject)
SC 13G/A - Excelerate Energy, Inc. (0001888447) (Subject)
SC 13G/A - Excelerate Energy, Inc. (0001888447) (Subject)
Excelerate Energy, Inc. (NYSE:EE) today announced that it will participate in a Fireside Chat and host meetings with investors at the Barclays CEO Energy-Power Conference on September 3, 2024 in New York. The Fireside Chat with Steven Kobos, President and Chief Executive Officer of Excelerate, is scheduled for Tuesday, September 3, 2024, at 3:00 p.m. Eastern Time (2:00 p.m. Central Time). A live audio webcast of the presentation and an archived recording will be available on the Investors page of the Company's website at www.excelerateenergy.com. ABOUT EXCELERATE ENERGY Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the wa
Excelerate Energy, Inc. (NYSE:EE) (the Company or Excelerate) today reported its financial results for the second quarter ended June 30, 2024. RECENT HIGHLIGHTS Reported Net Income of $33.3 million for the second quarter Reported Adjusted EBITDA of $89.0 million for the second quarter Signed a term sheet with ITECO Joint Stock Company to co-develop a greenfield LNG import terminal in northern Vietnam Declared a quarterly dividend of $0.025 per share, payable on September 5, 2024 CEO COMMENT "We are pleased to have delivered another quarter of strong financial and operational results. Excelerate's performance in the second quarter reflects the strength of our core regasifi
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend, with respect to the quarter ended June 30, 2024, of $0.025 per share of Class A common stock. The dividend is payable on September 5, 2024, to Class A common stockholders of record as of the close of business on August 21, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.025 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. The declaration, timing, amount, and payment of future dividends remain
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its second quarter 2024 results on Wednesday, August 7, 2024, following the close of U.S. financial markets. The earnings release and presentation for the second quarter 2024 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, August 8, 2024, the Company's management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call. About
Excelerate Energy, Inc. (NYSE:EE) announced today that management will participate in the following upcoming investor conferences: J.P. Morgan Energy, Power & Renewables Conference Date: June 17-18, 2024 Location: InterContinental Hotel | New York, New York Steven Kobos, President and Chief Executive Officer will participate in a Fireside Chat on June 17, 2024 at 2:20 p.m. Eastern Time (1:20 p.m. Central Time). A live audio webcast of the Fireside Chat and archived recording will be available on the Investors page of the Company's website. Management will also host one-on-one investor meetings throughout the event. Northland Growth Conference 2024 Date: Tuesday, June 25, 2024 Location:
Excelerate Energy, Inc. (NYSE:EE) (the Company or Excelerate) today reported its financial results for the first quarter ended March 31, 2024. RECENT HIGHLIGHTS Reported Net Income of $28.1 million for the first quarter Reported Adjusted EBITDA of $75.4 million for the first quarter Commenced 10-year charter with Petrobras for the floating storage and regasification unit (FSRU) Sequoia in January Signed a long-term contract to purchase 0.85 to 1.0 MTPA of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years, beginning January 2026 Declared a quarterly dividend of $0.025 per share, payable on June 6, 2024 CEO COMMENT "We are pleased to have deliv
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend, with respect to the quarter ended March 31, 2024, of $0.025 per share of Class A common stock. The dividend is payable on June 6, 2024, to Class A common stockholders of record as of the close of business on May 22, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.025 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. The declaration, timing, amount, and payment of future dividends remains at th
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its first quarter 2024 results on Wednesday, May 8, 2024, following the close of U.S. financial markets. The earnings release and presentation for the first quarter 2024 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, May 9, 2024, the Company's management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call. About Exceler
Excelerate Energy, Inc. (NYSE:EE) (the Company or Excelerate) today reported its financial results for the full year and fourth quarter ended December 31, 2023. RECENT HIGHLIGHTS Reported Net Income of $126.8 million for the full year 2023 and $20.0 million for the fourth quarter Reported Adjusted EBITDA of $346.8 million for the full year 2023 and $71.4 million for the fourth quarter Secured supply for previously announced Petrobangla SPA by executing a long-term contract to purchase 0.85 to 1.0 MTPA of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years, beginning January 2026 Authorized up to $50 million of Class A common stock repurchases through F
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend, with respect to the quarter ended December 31, 2023, of $0.025 per share of Class A common stock. The dividend is payable on March 28, 2024, to Class A common stockholders of record as of the close of business on March 13, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.025 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. The declaration, timing, amount, and payment of future dividends remain
Excelerate Energy, Inc. (NYSE:EE) (the Company or Excelerate) today reported its financial results for the second quarter ended June 30, 2024. RECENT HIGHLIGHTS Reported Net Income of $33.3 million for the second quarter Reported Adjusted EBITDA of $89.0 million for the second quarter Signed a term sheet with ITECO Joint Stock Company to co-develop a greenfield LNG import terminal in northern Vietnam Declared a quarterly dividend of $0.025 per share, payable on September 5, 2024 CEO COMMENT "We are pleased to have delivered another quarter of strong financial and operational results. Excelerate's performance in the second quarter reflects the strength of our core regasifi
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend, with respect to the quarter ended June 30, 2024, of $0.025 per share of Class A common stock. The dividend is payable on September 5, 2024, to Class A common stockholders of record as of the close of business on August 21, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.025 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. The declaration, timing, amount, and payment of future dividends remain
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its second quarter 2024 results on Wednesday, August 7, 2024, following the close of U.S. financial markets. The earnings release and presentation for the second quarter 2024 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, August 8, 2024, the Company's management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call. About
Excelerate Energy, Inc. (NYSE:EE) (the Company or Excelerate) today reported its financial results for the first quarter ended March 31, 2024. RECENT HIGHLIGHTS Reported Net Income of $28.1 million for the first quarter Reported Adjusted EBITDA of $75.4 million for the first quarter Commenced 10-year charter with Petrobras for the floating storage and regasification unit (FSRU) Sequoia in January Signed a long-term contract to purchase 0.85 to 1.0 MTPA of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years, beginning January 2026 Declared a quarterly dividend of $0.025 per share, payable on June 6, 2024 CEO COMMENT "We are pleased to have deliv
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend, with respect to the quarter ended March 31, 2024, of $0.025 per share of Class A common stock. The dividend is payable on June 6, 2024, to Class A common stockholders of record as of the close of business on May 22, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.025 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. The declaration, timing, amount, and payment of future dividends remains at th
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its first quarter 2024 results on Wednesday, May 8, 2024, following the close of U.S. financial markets. The earnings release and presentation for the first quarter 2024 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, May 9, 2024, the Company's management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call. About Exceler
Excelerate Energy, Inc. (NYSE:EE) (the Company or Excelerate) today reported its financial results for the full year and fourth quarter ended December 31, 2023. RECENT HIGHLIGHTS Reported Net Income of $126.8 million for the full year 2023 and $20.0 million for the fourth quarter Reported Adjusted EBITDA of $346.8 million for the full year 2023 and $71.4 million for the fourth quarter Secured supply for previously announced Petrobangla SPA by executing a long-term contract to purchase 0.85 to 1.0 MTPA of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years, beginning January 2026 Authorized up to $50 million of Class A common stock repurchases through F
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend, with respect to the quarter ended December 31, 2023, of $0.025 per share of Class A common stock. The dividend is payable on March 28, 2024, to Class A common stockholders of record as of the close of business on March 13, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.025 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. The declaration, timing, amount, and payment of future dividends remain
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its fourth quarter and full year 2023 results on Wednesday, February 28, 2024, following the close of U.S. financial markets. The earnings release and presentation for the fourth quarter and full year 2023 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, February 29, 2024, the Company's management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the w
Excelerate Energy, Inc. (NYSE:EE) (the Company or Excelerate) today reported its financial results for the third quarter ended September 30, 2023. RECENT HIGHLIGHTS Reported Net Income of $46.5 million for the third quarter Reported Adjusted EBITDA of $106.9 million for the third quarter Raised Full Year 2023 Adjusted EBITDA guidance; now expected to range between $340 million and $350 million Signed an agreement with Petrobras to charter the floating storage and regasification unit (FSRU) Sequoia for 10 years Signed a long-term contract to sell to Petrobangla 0.85 to 1.0 MTPA of LNG for 15 years beginning in 2026 Declared a quarterly dividend of $0.025 per share, payabl
Stephens & Co. analyst Mike Scialla reiterates Excelerate Energy (NYSE:EE) with a Overweight and maintains $21 price target.
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommends buying Abercrombie & Fitch Co. (NYSE:ANF). Abercrombie & Fitch is scheduled to report its first-quarter earnings on Wednesday. Analysts expect the company to report quarterly earnings at $1.56 per share on revenue of $941.66 million. Taseko Mines Limited (NYSE:TGB) is a “great spec,” Cramer said. He recommended buying the stock. On May 2, Taseko Mines posted downbeat first-quarter earnings, while sales topped expectations. The “Mad Money” host said he is “not a big fan” of Excelerate Energy, Inc. (NYSE:EE). On May 8, Excelerate Energy posted stronger-than-expected quarterly earnings. “Winner winner chicken dinner,
Excelerate Energy (NYSE:EE) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.16 by 50 percent. The company reported quarterly sales of $200.100 million which beat the analyst consensus estimate of $187.567 million by 6.68 percent. This is a 5.19 percent decrease over sales of $211.056 million the same period last year.
As of May 7, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Excelerate Energy, Inc. (NYSE:EE) Excelerate Energy is expected to release its first quarter 2024
Stephens & Co. analyst Mike Scialla initiates coverage on Excelerate Energy (NYSE:EE) with a Overweight rating and announces Price Target of $21.
SHARE REPURCHASE PROGRAM The Excelerate Board of Directors has authorized a share repurchase program under which the Company may repurchase up to $50 million of its outstanding Class A common stock through February 2026. Under the program, repurchases can be made using a variety of methods, which may include open market purchases, block trades, privately negotiated transactions and/or a non-discretionary trading plan, all in compliance with the rules of the SEC and other applicable legal requirements. The timing, manner, price, and amount of any Class A Common Stock repurchases under the program are determined by the Company in its discretion and depend on a variety of factors, including le
Excelerate Energy (NYSE:EE) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.18 by 22.22 percent. The company reported quarterly sales of $240.06 million which missed the analyst consensus estimate of $331.17 million by 27.51 percent. This is a 47.25 percent decrease over sales of $455.11 million the same period last year.
Companies Reporting Before The Bell • ICL Group (NYSE:ICL) is likely to report quarterly earnings at $0.08 per share on revenue of $1.69 billion. • Golden Ocean Group (NASDAQ:GOGL) is likely to report quarterly earnings at $0.27 per share on revenue of $193.12 million. • Wallbox (NYSE:WBX) is likely to report earnings for its fourth quarter. • Immunocore Hldgs (NASDAQ:IMCR) is estimated to report quarterly loss at $0.28 per share on revenue of $67.23 million. • Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.08 per share on revenue of $9.95 billion. • TG Therapeutics (NASDAQ:TGTX) is likely to report quarterly loss at $0.10 per share on revenue of $40.06 mil
Excelerate Energy (NYSE:EE) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 2 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $21.0, along with a high estimate of $24.00 and a low estimate of $18.00. A decline of 14.88% from