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Excelerate Energy (EE)

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Earnings summaries and quarterly performance for Excelerate Energy.

Recent press releases and 8-K filings for EE.

Excelerate Energy Reports Record 2025 Adjusted EBITDA and Issues Strong 2026 Guidance
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy reported record adjusted EBITDA of $449 million for the full year 2025, an increase of approximately $100 million over the prior year.
  • The company introduced full year 2026 adjusted EBITDA guidance of $515 million-$545 million, representing an over $80 million increase at the midpoint compared to 2025 results.
  • Total estimated capital costs for the Iraq terminal project are now expected to range between $520 million and $550 million, inclusive of the FSRU cost, with operations on track to commence in the third quarter of 2026.
  • Committed growth capital for 2026 is projected to be between $370 million and $400 million, primarily allocated to the Hull 3407 FSRU and the Iraq terminal project.
  • The board approved a quarterly dividend of $0.08 per share and authorized a $75 million share repurchase program in December 2025.
1 day ago
Excelerate Energy Reports Record FY 2025 Adjusted EBITDA and Provides 2026 Guidance
EE
Earnings
Guidance Update
Dividends
  • Excelerate Energy achieved record FY 2025 Adjusted EBITDA of $449.3 million, an increase of approximately $100 million over FY 2024, and reported Q4 2025 Adjusted EBITDA of $112.5 million.
  • For FY 2026, the company projects Adjusted EBITDA between $515 million and $545 million, with Maintenance Capex of $100 million to $110 million and Committed Growth Capital of $370 million to $400 million.
  • The Iraq Integrated LNG Import Terminal project is progressing, with Hull 3407 sea trials completed and delivery expected in Q2, targeting an in-service date of Q3 2026.
  • The Board of Directors approved a quarterly cash dividend of $0.08 per share of Class A common stock on February 19th.
1 day ago
Excelerate Energy Reports Record FY 2025 Adjusted EBITDA and Provides 2026 Guidance
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy reported record adjusted EBITDA of $449 million for the full year 2025, an increase of $100 million over the prior year, and provided 2026 adjusted EBITDA guidance of $515 million to $545 million. The company ended 2025 with a strong balance sheet, including $730 million in net debt and 1.6 times trailing net leverage as of December 31, 2025, and approved a quarterly dividend of $0.08 per share along with a $75 million share repurchase program.
  • The Iraq terminal project's estimated capital costs are now expected to range between $520 million and $550 million, inclusive of the FSRU cost, with operations anticipated to commence in Q3 2026.
  • Full integration of the Jamaica LNG to Power platform was successfully completed in Q4 2025, and the company is planning for an FSRU conversion to be available for commercial deployment in early 2028, alongside the redeployment of the Express FSRU in late Q3 2026 for 2027 EBITDA uplift.
1 day ago
Excelerate Energy Reports Record 2025 Adjusted EBITDA and Provides 2026 Guidance
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy delivered record Adjusted EBITDA of $449 million for the full year 2025, an increase of about $100 million over the prior year, and Adjusted Net Income of $199 million, up over 30% year-over-year.
  • The company introduced full year 2026 Adjusted EBITDA guidance of $515 million-$545 million, which at the midpoint is an over $80 million increase compared to the full year 2025 results.
  • Total estimated capital costs for the Iraq terminal project are now expected to range between $520 million and $550 million, inclusive of the FSRU cost, with operations on track to commence in the third quarter of 2026.
  • Excelerate Energy's board approved a quarterly dividend of $0.08 per share, payable on March 26, 2026, and authorized a $75 million share repurchase program in December 2025.
  • The company completed the full integration of the Jamaica platform in Q4 2025 and expects the Express FSRU to be redeployed at improved economic terms in 2027, with an FSRU conversion project targeting commercial deployment in early 2028.
1 day ago
Excelerate Energy Reports Record Full Year 2025 Results and Provides 2026 Outlook
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy reported record full year 2025 Net Income of $167.0 million and Adjusted EBITDA of $449.3 million, with Q4 2025 Net Income at $39.1 million and Adjusted EBITDA at $112.5 million.
  • The company provided 2026 guidance, projecting Adjusted EBITDA to range between $515 million and $545 million, with Maintenance Capex between $100 million and $110 million and Committed Growth Capital between $370 million and $400 million.
  • Key operational developments include the commencement of LNG cargo deliveries into Bangladesh in January 2026 and a definitive commercial agreement for Iraq's first LNG import terminal, expected to begin commercial operations in Q3 2026.
  • A quarterly cash dividend of $0.08 per share was declared on February 19, 2026, payable on March 26, 2026.
2 days ago
Excelerate Energy Reports Record 2025 Results and Provides 2026 Outlook
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy reported record full year 2025 financial results, with Net Income of $167.0 million and Adjusted EBITDA of $449.3 million.
  • The company provided a 2026 outlook, expecting Adjusted EBITDA to range between $515 million and $545 million.
  • Key operational highlights include the commencement of LNG cargo deliveries into Bangladesh in January 2026 and progress on the development of Iraq's first LNG import terminal, with commercial operations anticipated in Q3 2026.
  • A quarterly cash dividend of $0.08 per share was declared, payable on March 26, 2026.
2 days ago
Excelerate Energy Reports Record Q3 2025 Results and Raises Full-Year Guidance
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy reported record quarterly Adjusted EBITDA of $129 million and Adjusted net income of $57 million for Q3 2025, representing sequential increases of 21% and 22% respectively.
  • The company increased its full-year 2025 Adjusted EBITDA guidance to a range of $435 million to $450 million, reflecting strong performance and minimal financial impact from Hurricane Melissa.
  • A definitive agreement was executed for Iraq's first LNG import terminal, a project with an expected total investment of $450 million and an EBITDA build multiple between 4.5x and 5x, anticipated to be operational by summer 2026.
  • Excelerate Energy is advancing plans to convert its LNG carrier, the Shenandoah, into a floating storage and regasification unit (FSRU) with an estimated conversion cost of around $200 million.
Nov 6, 2025, 1:30 PM
EE Reports Record Q3 2025 Financials and Announces Iraq LNG Terminal Project
EE
Earnings
New Projects/Investments
Guidance Update
  • Excelerate Energy (EE) reported record quarterly financial performance in Q3 2025, with Adjusted EBITDA of $129.3 million and Net Income of $55.0 million.
  • The company executed a definitive commercial agreement for the development of a fully integrated LNG import terminal in Iraq, a 5-year agreement with an estimated Total Capex of ~$450 million and an Expected In-Service Date of Summer 2026.
  • EE declared a quarterly dividend of $0.08 per share of Class A common stock.
  • For the full year 2025, the company provided Adjusted EBITDA guidance between $435 million and $450 million.
Nov 6, 2025, 1:30 PM
Excelerate Energy Reports Record Q3 2025 Results and Raises Full-Year Guidance
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy reported record quarterly results for Q3 2025, with Net Income of $55.0 million and Adjusted EBITDA of $129.3 million. Diluted Earnings Per Share was $0.43, and Adjusted Diluted Earnings Per Share was $0.45.
  • The company raised and narrowed its Full Year 2025 Adjusted EBITDA guidance to a range between $435 million and $450 million.
  • A definitive commercial agreement was executed for the development of a fully integrated LNG import terminal in Iraq, with commercial operations expected to commence in 2026.
  • A quarterly cash dividend of $0.08 per share was declared, payable on December 4, 2025.
Nov 5, 2025, 9:18 PM
Excelerate Energy Reports Record Q3 2025 Results and Raises Full-Year Outlook
EE
Earnings
Guidance Update
New Projects/Investments
  • Excelerate Energy reported record financial results for the third quarter ended September 30, 2025, with Net Income of $55.0 million and Adjusted EBITDA of $129.3 million.
  • The company raised and narrowed its Full Year 2025 Adjusted EBITDA guidance, now expecting it to range between $435 million and $450 million.
  • Excelerate executed a definitive commercial agreement for the development of a fully integrated LNG import terminal in Iraq, which includes a five-year agreement for regasification services and LNG supply.
  • A quarterly cash dividend of $0.08 per share was declared, payable on December 4, 2025.
Nov 5, 2025, 9:15 PM