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 |
Excelerate Energy, Inc. (NYSE:EE) today announced that the Management team will host one-on-one investor meetings at the 2024 Stephens Annual Investment Conference. Stephens Annual Investment Conference | Grand Hyatt, Nashville, Tennessee Participation Date: November 19, 2024 Participants: Dana Armstrong, Executive Vice President and Chief Financial Officer, and Oliver Simpson, Executive Vice President and Chief Commercial Officer ABOUT EXCELERATE ENERGY Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of
-- Quarterly Cash Dividend Increased 140% from the Prior Quarter -- Excelerate Energy, Inc. (NYSE:EE) (Excelerate or the Company) today reported its financial results for the third quarter ended September 30, 2024. RECENT HIGHLIGHTS Reported Net Income of $45.5 million for the third quarter Reported Adjusted EBITDA of $92.3 million for the third quarter Raised and narrowed Full Year 2024 Adjusted EBITDA guidance, now expected to range between $335 million and $345 million Declared a quarterly cash dividend of $0.06 per share, or $0.24 per share on an annualized basis, representing a 140% increase from the prior quarter, payable on December 5, 2024 CEO COMMENT "Excelerate delive
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.06 per share of Class A common stock, representing a 140% increase from the prior quarter. The dividend payment with respect to the quarter ended September 30, 2024, is payable on December 5, 2024, to Class A common stockholders of record as of the close of business on November 20, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.06 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. "The Boar
Tyler D. Todd to Join as Newest Board Member Henry G. Kleemeier Retired from the Board Excelerate Energy, Inc. (NYSE:EE) ("Excelerate" or the "Company") today announced the election of Tyler D. Todd to its Board of Directors, effective October 10, 2024. Henry G. Kleemeier has retired from the Board effective October 9, 2024. Mr. Todd will serve on the Compensation and Nominating and Corporate Governance Committees. Mr. Todd currently serves as Senior Vice President of Business Development at Kaiser-Francis Oil Company, an upstream oil and gas company owned by George Kaiser, Excelerate Energy's controlling stockholder, which he joined in 2014. Prior to joining Kaiser-Francis Oil Company,
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its third quarter 2024 results on Wednesday, November 6, 2024, following the close of U.S. financial markets. The earnings release and presentation for the third quarter 2024 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, November 7, 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
Haas brings decades of diplomatic experience across Asia, Europe, and North Africa Excelerate Energy, Inc. (NYSE:EE) ("Excelerate" or "Company") is pleased to announce the addition of Ambassador (ret.) Peter D. Haas as a Strategic Advisor to the Company. Ambassador Haas retired from the U.S. Foreign Service on September 27 after 33 years of U.S. government service, most recently as Ambassador to Bangladesh. He will join Excelerate's Washington DC office in October. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240930915688/en/Former Ambassador Peter D. Haas Joins Excelerate Energy as Strategic Advisor (Photo: Business Wire) Amb
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate"), a leading provider of floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) solutions, and PetroVietnam Technical Services Corporation (PTSC), a subsidiary of Vietnam Oil and Gas Group (PetroVietnam) and the leading provider of oil & gas and industrial services in Vietnam, have signed a strategic partnership agreement to jointly study FSRU based technical solutions for LNG imports into Vietnam. Through this strategic alliance, Excelerate and PTSC will leverage their unique strengths and combined resources to deliver affordable and reliable energy solutions that address Vietnam's growing energy de
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") has entered into an agreement with Wärtsilä Gas Solutions, part of technology group Wärtsilä, to purchase a reliquefaction system for retrofit installation onboard one of Excelerate's floating storage regasification units (FSRUs). The equipment will be available to be installed on any of Excelerate's existing vessels based on customer demand or for prospective LNG projects. The retrofit project will improve the environmental footprint of Excelerate's FSRU operations by reliquefying boil-off gas and returning it back to the cargo tanks, thus reducing emissions and saving cargo at the same time. The system is also fitted with t
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that it has published its 2023 Sustainability Report showcasing the Company's global sustainability activities, environmental performance, and results from the calendar year 2023. The 2023 Sustainability Report, titled "Waves of Change: Embarking on a Sustainable Future," highlights Excelerate's role in addressing global energy challenges by making LNG available to more people who need it worldwide while minimizing the environmental footprint of its operations, working safely, and building lasting relationships in the communities where it operates. "Excelerate is proud to issue its second annual sustainabilit
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
Tyler D. Todd to Join as Newest Board Member Henry G. Kleemeier Retired from the Board Excelerate Energy, Inc. (NYSE:EE) ("Excelerate" or the "Company") today announced the election of Tyler D. Todd to its Board of Directors, effective October 10, 2024. Henry G. Kleemeier has retired from the Board effective October 9, 2024. Mr. Todd will serve on the Compensation and Nominating and Corporate Governance Committees. Mr. Todd currently serves as Senior Vice President of Business Development at Kaiser-Francis Oil Company, an upstream oil and gas company owned by George Kaiser, Excelerate Energy's controlling stockholder, which he joined in 2014. Prior to joining Kaiser-Francis Oil Company,
Haas brings decades of diplomatic experience across Asia, Europe, and North Africa Excelerate Energy, Inc. (NYSE:EE) ("Excelerate" or "Company") is pleased to announce the addition of Ambassador (ret.) Peter D. Haas as a Strategic Advisor to the Company. Ambassador Haas retired from the U.S. Foreign Service on September 27 after 33 years of U.S. government service, most recently as Ambassador to Bangladesh. He will join Excelerate's Washington DC office in October. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240930915688/en/Former Ambassador Peter D. Haas Joins Excelerate Energy as Strategic Advisor (Photo: Business Wire) Amb
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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)
-- Quarterly Cash Dividend Increased 140% from the Prior Quarter -- Excelerate Energy, Inc. (NYSE:EE) (Excelerate or the Company) today reported its financial results for the third quarter ended September 30, 2024. RECENT HIGHLIGHTS Reported Net Income of $45.5 million for the third quarter Reported Adjusted EBITDA of $92.3 million for the third quarter Raised and narrowed Full Year 2024 Adjusted EBITDA guidance, now expected to range between $335 million and $345 million Declared a quarterly cash dividend of $0.06 per share, or $0.24 per share on an annualized basis, representing a 140% increase from the prior quarter, payable on December 5, 2024 CEO COMMENT "Excelerate delive
Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.06 per share of Class A common stock, representing a 140% increase from the prior quarter. The dividend payment with respect to the quarter ended September 30, 2024, is payable on December 5, 2024, to Class A common stockholders of record as of the close of business on November 20, 2024. Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.06 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment. "The Boar
Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its third quarter 2024 results on Wednesday, November 6, 2024, following the close of U.S. financial markets. The earnings release and presentation for the third quarter 2024 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, November 7, 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 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
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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)
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)
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