Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Excelerate Energy, Inc. Class A (EE)
NYSE:EE
RESEARCH TOOLSreports
Holding EE?
Track your performance easily
Earnings Data
Report Date
Mar 31, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.35Last Year’s EPS
$0.14Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 13.00%
|Next Earnings Date:Mar 31, 2025
Earnings Call Sentiment|Positive
Excelerate Energy demonstrated strong financial performance with increased EBITDA and a higher dividend payout, showcasing their strategic growth plans and market expansion efforts. Despite some upcoming costs related to dry docking, the overall outlook remains positive with raised financial guidance.Company Guidance
During the Excelerate Energy Q3 2024 earnings call, the company reported strong financial and operational performance, highlighted by an adjusted EBITDA of $92 million. This success stems from their core regas business, which is supported by a contract portfolio with approximately $4 billion in future revenue and a weighted remaining term of seven years. The company announced a more than doubled quarterly dividend to $0.06 per share, reflecting confidence in their cash generation capacity. Excelerate achieved operational excellence with reliability exceeding 99.8% and no recordable safety incidents. The company is also progressing with construction milestones for their newbuild FSRU, Hull 3407, expected to be delivered in June 2026. Additionally, Excelerate's strategic LNG supply agreements, such as a 15-year deal with Petrobangla and a 20-year commitment with Venture Global, are expected to enhance EBITDA by $15 million to $18 million annually. The company raised its full-year adjusted EBITDA guidance to between $335 million and $345 million, driven by higher margins and lower costs.Strong Financial Performance
Excelerate Energy reported an adjusted EBITDA of $92 million for Q3 2024, a 4% increase from the previous quarter, driven by lower operating costs and higher gas sales margins.
Increased Dividend
The company announced a more than doubled quarterly dividend to $0.06 per share, reflecting the strength of their balance sheet and confidence in cash generation.
Significant Milestone Achieved
The crew of the FSRU Excellence performed their 250th ship-to-ship LNG cargo transfer at the MLNG terminal in Bangladesh, with over 50 transfers occurring in 2024 alone.
Strategic Growth and Expansion
Excelerate reached the steel cutting milestone for the newbuild FSRU Hull 3407, on track for delivery in June 2026, and signed a strategic partnership agreement with PetroVietnam Technical Services Corporation to explore LNG solutions in Vietnam.
Positive Financial Guidance
The company raised its 2024 adjusted EBITDA guidance to between $335 million and $345 million due to higher margins and lower operating costs.
---
EE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
EE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $26.35 | $24.38 | -7.48% |
| Aug 07, 2024 | $18.12 | $18.94 | +4.53% |
| May 08, 2024 | $18.12 | $19.46 | +7.40% |
| Feb 28, 2024 | $13.80 | $15.60 | +13.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Excelerate Energy, Inc. Class A (EE) report earnings?
Excelerate Energy, Inc. Class A (EE) is schdueled to report earning on Mar 31, 2025, TBA Not Confirmed.
What is Excelerate Energy, Inc. Class A (EE) earnings time?
Excelerate Energy, Inc. Class A (EE) earnings time is at Mar 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EE EPS forecast?
EE EPS forecast for the fiscal quarter 2024 (Q4) is $0.35.
---