Earnings summaries and quarterly performance for Excelerate Energy.
Executive leadership at Excelerate Energy.
Steven M. Kobos
Detailed
President and Chief Executive Officer
CEO
Alisa Newman Hood
Detailed
Executive Vice President and General Counsel
Amy Thompson Broussard
Detailed
Executive Vice President and Chief Human Resources Officer
Dana A. Armstrong
Detailed
Executive Vice President and Chief Financial Officer
David A. Liner
Detailed
Executive Vice President and Chief Operating Officer
Michael A. Bent
Detailed
Vice President, Controller and Chief Accounting Officer
Oliver L. Simpson
Detailed
Executive Vice President and Chief Commercial Officer
Board of directors at Excelerate Energy.
Research analysts who have asked questions during Excelerate Energy earnings calls.
Christopher Robertson
Deutsche Bank AG
4 questions for EE
Also covers: GLNG, GNK, INSW +4 more
Michael Scialla
Stephens Inc.
4 questions for EE
Also covers: AESI, APA, CNX +10 more
Robert Brooks
Northland Capital Markets
3 questions for EE
Also covers: ATMU, BELFA, CECO +10 more
Theresa Chen
Barclays PLC
3 questions for EE
Also covers: CQP, DINO, DTM +20 more
Noah Katz
JPMorgan Chase & Co.
2 questions for EE
Also covers: AM, ARIS, HESM +1 more
Wade Suki
Capital One Financial
2 questions for EE
Also covers: AM, ARIS, ENLC +5 more
Zackery Van Everen
Tudor, Pickering, Holt & Co.
2 questions for EE
Also covers: AM, DTM, ENLC +6 more
Bobby Brooks
Northland Capital Markets
1 question for EE
Also covers: ATMU, CECO, CXT +10 more
Craig Shere
Tuohy Brothers
1 question for EE
Also covers: AMRC, CLNE, CQP +9 more
Eli Jossen
JPMorgan Chase & Co.
1 question for EE
Also covers: AROC, ATGFF, EMA +5 more
Zack Van Everen
TPH&Co.
1 question for EE
Also covers: DTM, ET, KMI +2 more
Recent press releases and 8-K filings for EE.
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
Excelerate Energy Signs Agreement for Iraq LNG Import Terminal
EE
New Projects/Investments
- Excelerate Energy has executed a definitive commercial agreement with a subsidiary of Iraq’s Ministry of Electricity for the development of the country’s first liquefied natural gas (LNG) import terminal at the Port of Khor Al Zubair.
- The integrated project includes a five-year agreement for regasification services and LNG supply with extension options, and a minimum contracted offtake of 250 million standard cubic feet per day (MMscf/d).
- Excelerate will deploy its newest floating storage and regasification unit (FSRU), Hull 3407, and the total project investment is expected to be approximately $450 million, inclusive of the FSRU cost.
- Commercial operations for the terminal are expected to commence in 2026.
Oct 28, 2025, 10:00 AM
Excelerate Energy Secures Agreement for Iraq's First Floating LNG Terminal
EE
New Projects/Investments
- Excelerate Energy has signed a definitive commercial agreement with Iraq's Ministry of Electricity to develop the country's first floating liquefied natural gas (LNG) import terminal at the Port of Khor Al Zubair.
- The project involves a total investment of approximately $450 million and includes a five-year contract for regasification services and LNG supply, with commercial operations slated to begin in 2026.
- Excelerate will deploy its newest floating storage and regasification unit (FSRU), Hull 3407, which has a regasification capacity of up to 1 billion standard cubic feet per day.
- This initiative aims to diversify Iraq's fuel supply, reduce reliance on imported pipeline gas, and support the country's growing electricity demand.
Oct 28, 2025, 8:31 AM
Excelerate Energy Highlights Strategic Acquisitions and FSRU Projects
EE
New Projects/Investments
M&A
Dividends
- Excelerate Energy recently completed a billion-dollar acquisition of an integrated LNG and power platform in Jamaica, which is projected to generate an incremental $80 million to $110 million of EBITDA over the next five years with an additional $200 million to $400 million in CapEx deployment.
- The company maintains a strong financial position, holding $400 million in cash and an undrawn $500 million revolver.
- Growth is the primary capital allocation priority, alongside returning capital to shareholders, as demonstrated by a recent 33% dividend increase and an expectation of low double-digit dividend increases for the next three years.
- Excelerate is advancing its FSRU projects, including the Shenandela conversion, anticipated to be completed by late 2027 at an estimated all-in cost of $150 million to $200 million for FSRU conversion or $60 million to $70 million for FSU conversion. Negotiations are also underway in Asia and the Middle East for the new FSRU Hull 3407, which is on track for delivery in 2026.
Sep 2, 2025, 8:54 PM
Excelerate Energy Reports Strong Q2 2025 Results and Raises Full-Year Guidance
EE
Earnings
Guidance Update
M&A
- Excelerate Energy reported Net Income of $20.8 million, Adjusted Net Income of $46.8 million, and Adjusted EBITDA of $107.1 million for the second quarter ended June 30, 2025.
- The company raised its Full Year 2025 Adjusted EBITDA guidance, now expected to range between $420 million and $440 million.
- Key strategic developments include the closing of the acquisition of the Jamaica integrated LNG and power platform in May 2025, and the declaration of a quarterly cash dividend of $0.08 per share, an approximately 33 percent increase from the prior quarter.
Aug 11, 2025, 12:00 AM
Excelerate Energy Announces Quarterly Dividend Increase
EE
Dividends
M&A
- Excelerate Energy announced a quarterly cash dividend of $0.08 per share of Class A common stock, representing an approximately 33% increase from the prior quarter.
- The dividend is payable on September 4, 2025, to Class A common stockholders of record as of August 20, 2025.
- This dividend increase follows the Company's acquisition of the integrated LNG and power platform in Jamaica, which has strengthened its contracted, recurring cash flows.
- Excelerate is now targeting a low double-digit annual dividend growth rate commencing in 2026 and continuing through 2028.
- While growth remains the top capital allocation priority, the Company is committed to returning capital to shareholders.
Jul 31, 2025, 8:30 PM
Excelerate Energy Posts Q1 2025 Strong Financial Results and Strategic Growth Initiatives
EE
Earnings
M&A
Guidance Update
- Adjusted EBITDA of $100 million and adjusted net income of $56 million were reported for Q1 2025, showing sequential improvements driven by operational efficiencies.
- The company progressed on its $1 billion acquisition of Jamaica’s LNG and power platform, targeting a seamless integration of key LNG infrastructure assets.
- Excelerate Energy completed an equity offering raising $212 million and a $800 million senior note issuance, while extending its revolving credit facility capacity to $500 million.
- Updated guidance for 2025 now projects adjusted EBITDA between $345 million and $365 million, with ongoing investments in newbuild FSRU Hull 3407 and projects in Vietnam supporting growth.
May 8, 2025, 12:31 PM
Quarterly earnings call transcripts for Excelerate Energy.
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