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Excelerate Energy, Inc. Class A (EE)
NYSE:EE
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.38Last Year’s EPS
0.24Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 0.11%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
Excelerate Energy's 2024 performance was marked by record financial results, operational excellence, and strategic growth initiatives. Despite some challenges related to asset transitions and maintenance costs, the company's strong financial position and forward-looking strategies indicate a robust outlook.Company Guidance
During the Excelerate Energy fourth quarter and full-year 2024 earnings call, the company provided robust guidance for 2025, highlighting an expected adjusted EBITDA range of $340 million to $360 million. The guidance reflects confidence in capturing LNG supply optimization opportunities and maintaining strong performance in the core FSRU fleet. The company plans to invest between $60 million to $70 million in maintenance capital expenditures, including drydocks for two FSRUs, and $65 million to $75 million in committed growth capital, which includes payments for the new build FSRU Hull 3407. Despite potential macroeconomic challenges, Excelerate Energy anticipates continued demand for its flexible and reliable regasification solutions, driven by geopolitical and geoeconomic factors. Additionally, the company remains focused on strategic growth initiatives, including potential acquisitions and conversions of LNG carriers, to further enhance its market position.Record Adjusted EBITDA and Net Income
Excelerate Energy delivered record adjusted EBITDA of $348 million, above the high end of the guidance range, and net income of $153 million, up 21% year-over-year.
Fleet Reliability and Safety
For the full-year, Excelerate recorded 99.9% reliability across its fleet, marking the highest reliability in the company's history. The company also exceeded all primary safety targets.
Operational Milestones
Excelerate completed its 3,000th LNG ship-to-ship cargo transfer and delivered 272 cargoes of LNG, regasifying about 2.5 billion cubic feet of natural gas daily.
Strategic Financial Management
Excelerate has a healthy balance sheet with $538 million of cash on hand and no outstanding borrowings on its revolving credit facility.
Growth Strategy and Fleet Expansion
The company is on track with its best-in-class new build FSRU, expected for delivery in 2026, and is exploring LNG carrier acquisitions for future conversions.
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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
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EE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $27.96 | $29.34 | +4.94% |
| Nov 06, 2024 | $26.29 | $24.33 | -7.46% |
| Aug 07, 2024 | $18.08 | $18.90 | +4.54% |
| May 08, 2024 | $18.09 | $19.42 | +7.35% |
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.
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FAQ
When does Excelerate Energy, Inc. Class A (EE) report earnings?
Excelerate Energy, Inc. Class A (EE) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Excelerate Energy, Inc. Class A (EE) earnings time?
Excelerate Energy, Inc. Class A (EE) earnings time is at May 07, 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 2025 (Q1) is 0.38.
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