Excelerate Energy, Inc. Stock Price, News & Analysis

Excelerate Energy (NYSE:EE) reported strong Q2 2025 financial results, with Net Income of $20.8 million and Adjusted EBITDA of $107.1 million. The company successfully completed its strategic acquisition of Jamaica's integrated LNG and power platform in May 2025, including the Montego Bay and Old Harbour LNG terminals and Clarendon CHP plant.

Key financial highlights include a 33% increase in quarterly dividend to $0.08 per share and raised full-year 2025 Adjusted EBITDA guidance to $420-440 million. The company expanded its operations by purchasing the Excelerate Shenandoah LNG carrier and signing an agreement with Petrobras for a reliquefaction unit installation. Excelerate maintains strong liquidity with $426 million in unrestricted cash and a $500 million undrawn credit facility.

Excelerate Energy (NYSE: EE) has released its 2024 Sustainability Report, showcasing the company's ESG initiatives and achievements throughout 2024. The report highlights several key developments, including the purchase of a reliquefaction unit for Brazil operations to reduce Scope 1 emissions, upgrades to the FSRU Excelsior to meet German regulations, and the launch of construction for Hull 3407, their next-generation floating LNG terminal.

Under CEO Steven Kobos's leadership, the company has strengthened its community engagement across the U.S. Gulf Coast and Bangladesh while implementing new technologies to reduce cargo losses. The report emphasizes four main areas of progress: emissions reduction, operational efficiency improvements, global operations expansion, and enhanced community engagement initiatives.

Excelerate Energy (NYSE: EE) announced a significant increase in its quarterly dividend, raising it by 33% to $0.08 per share of Class A common stock. The dividend will be paid on September 4, 2025, to stockholders of record as of August 20, 2025.

The dividend increase follows the company's strategic acquisition of an integrated LNG and power platform in Jamaica, which has enhanced its global presence and strengthened its recurring cash flows. Looking ahead, Excelerate is targeting a low double-digit annual dividend growth rate from 2026 through 2028, while maintaining growth as its primary capital allocation priority.

Excelerate Energy (NYSE:EE) has raised its fiscal year 2025 guidance following the successful acquisition of New Fortress Energy's Jamaica operations in May 2025. The company has increased its FY2025 Adjusted EBITDA guidance to $420-440 million.

The company filed a Form 8-K/A containing pro forma financial results for the Jamaica acquisition, which align with management expectations after adjusting for seller-specific cost allocations. The integration of the Jamaica operations is proceeding according to plan, with the platform meeting or exceeding reliability and operational performance targets.

Excelerate Energy (NYSE:EE) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results on Monday, August 11, 2025, before U.S. markets open.

Management will host an analyst and investor conference call at 8:30 AM ET (7:30 AM CT) on the same day. The earnings release, presentation materials, and conference call will be accessible through the investor relations section of Excelerate's website. A replay of the call and presentation materials will be available on the website after the event.

Excelerate Energy (NYSE: EE) has announced that its President and CEO, Steven Kobos, will take part in the upcoming Jefferies Energy Conference at The Sanctuary at Kiawah Island in South Carolina. During the conference, scheduled for June 10-11, 2025, Kobos will participate in a panel discussion focusing on the U.S. LNG outlook and conduct one-on-one meetings with investors.

New Fortress Energy (NFE) has completed the sale of its Jamaican assets and operations to Excelerate Energy for $1.055 billion. The transaction includes the LNG import terminal in Montego Bay, offshore floating storage and regasification terminal in Old Harbour, and 150 MW Combined Heat and Power Plant in Clarendon. The proceeds will be used to reduce corporate debt, with $270 million allocated to pay down their Revolving Credit Facility and $55 million for Term Loan A facility. For Q1 2025, NFE reported challenging financial results with an Adjusted EBITDA of $82 million and a net loss of $197 million, resulting in an EPS of $(0.73). The company's total cash balance stands at $827 million, with $448 million unrestricted. NFE's development projects in Brazil show progress, with the 624 MW CELBA plant ~95% complete and PortoCem power plant over 50% complete, both expected to contribute to earnings growth.

Excelerate Energy (NYSE: EE) has completed its acquisition of New Fortress Energy's (Nasdaq: NFE) business in Jamaica. The acquisition includes the Montego Bay LNG Terminal, Old Harbour LNG Terminal, and Clarendon combined heat and power plant.

To fund the acquisition, Excelerate raised approximately $1.0 billion through:

• An equity offering of 8 million shares at $26.50 per share, raising $212 million
• An $800 million offering of 8.000% senior unsecured notes due 2030

Additionally, the company extended its credit facility maturity to March 2029 and increased its borrowing capacity from $350 million to $500 million. The acquisition is expected to provide stable, long-term cash flows with predictable margins.

Excelerate Energy (NYSE: EE) has announced its management team's participation in two upcoming investor conferences in May 2025. At the Barclays Leveraged Finance Conference in Austin, Texas (May 20-21), EVP and CFO Dana Armstrong and VP Corporate Finance John Masterson will conduct one-on-one investor meetings. Additionally, President and CEO Steven Kobos and EVP/CCO Oliver Simpson will attend the Energy Infrastructure CEO & Investor Conference in Aventura, Florida (May 20-22) for investor meetings.