Excelerate Energy, Inc. SEC Filings

Excelerate Energy (EE): Wellington-affiliated entities filed an amended Schedule 13G reporting beneficial ownership of 2,888,078 shares of common stock, representing 9.0% of the class as of 09/30/2025.

The group reports shared voting power of 2,715,883 shares and shared dispositive power of 2,888,034 shares, with no sole voting or dispositive power. One Wellington adviser, Wellington Management Company LLP, reports 8.6% on its cover page. The securities are held of record by clients of Wellington investment advisers, and no single client is known to hold more than five percent of the class.

The filing certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Excelerate Energy, Inc. (EE) reported Q3 2025 results and closed a major acquisition. Revenue for the quarter was $391,044 thousand, up sharply from $193,419 thousand a year ago, driven by LNG, gas and power revenue of $245,163 thousand. Operating income rose to $87,221 thousand. Net income attributable to shareholders was $13,952 thousand, or $0.44 basic EPS.

In May 2025, the company acquired New Fortress Energy’s Jamaica Business for approximately $1,055,175 thousand in cash, adding the Montego Bay and Old Harbour LNG terminals and the Clarendon power plant. The deal added $369,000 thousand of intangible assets (amortized over ~20 years) and $244,993 thousand of goodwill. It was funded with $800,000 thousand 8.000% senior notes due 2030, an equity issuance, and cash on hand. Year-to-date cash from operations reached $356,821 thousand. Total assets were $4,096,979 thousand as of September 30, 2025, and long‑term debt, net, was $918,819 thousand. The revolving credit facility was increased to $500,000 thousand and was fully available.

Excelerate Energy, Inc. furnished an update on its financial results by issuing a press release for the quarter ended September 30, 2025. The company submitted this update via an 8-K under Item 2.02, with the full earnings press release provided as Exhibit 99.1.

The information in Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act. Excelerate Energy’s Class A common stock trades on the NYSE under the ticker EE.

Excelerate Energy (EE) reported an insider transaction by its Executive Vice President and Chief Commercial Officer. On 11/01/2025, 678 shares of Class A common stock were withheld at $25.91 under transaction code F, which reflects shares withheld to cover taxes upon RSU vesting. Following this tax withholding, the officer beneficially owns 46,345 shares. This includes 33,855 outstanding RSUs granted under the company’s Long‑Term Incentive Plan, with each RSU representing one share of Class A common stock.

The Vanguard Group filed a Schedule 13G/A reporting beneficial ownership of 2,393,389 shares of Excelerate Energy Inc. (EE) common stock, representing 7.47% of the class as of 09/30/2025.

The filing lists sole voting power: 0 and shared voting power: 150,357. It shows sole dispositive power: 2,218,350 and shared dispositive power: 175,039. Vanguard reports its filer type as an investment adviser (IA) and certifies the securities were acquired and are held in the ordinary course and not to change or influence control.

Excelerate Energy, Inc. is reported as having 2,455,024 shares beneficially owned by Wellington-related reporting persons, representing approximately 7.67% of the outstanding common stock (CUSIP 30069T101). The filing shows no sole voting or dispositive power and discloses shared voting power of 2,325,008 and shared dispositive power of 2,455,024 across the Wellington entities.

The securities are owned of record by clients of the Wellington Investment Advisers and the filing certifies the holdings are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Excelerate Energy, Inc. reported a materially larger balance sheet and higher revenue in the first half of 2025 after completing a $1.055 billion acquisition of the Jamaica business in May 2025. Total assets rose to $4.01 billion from $2.88 billion at year-end 2024, driven by $367.5 million of acquired intangible assets and $249.24 million of goodwill. Consolidated revenue for the six months ended June 30, 2025 was $519.6 million, up from $383.4 million a year earlier (≈+36%), and operating income increased to $109.1 million from $95.0 million.

The Acquisition was funded with an $800 million 8.00% senior note issuance due 2030, a March–April 2025 equity offering that generated approximately $201.8 million net proceeds, and cash on hand. Cash used in investing activities was $1.125 billion (primarily the Acquisition), while net cash from operating activities was $241.9 million. Net income attributable to shareholders for the six months was $16.1 million (diluted EPS $0.57), compared with $13.0 million (diluted EPS $0.50) a year earlier. The company recorded $31.3 million of transition and transaction expenses related to the Acquisition.

Excelerate Energy, Inc. announced its financial results for the quarter ended June 30, 2025 via a press release that the company furnished as Exhibit 99.1 to this Current Report. The report also includes an interactive XBRL cover page as Exhibit 104.

The company states the information furnished, including Exhibit 99.1, is not to be deemed "filed" for purposes of Section 18 of the Exchange Act and will not be incorporated by reference into other Securities Act or Exchange Act filings unless explicitly identified. The filing identifies the company’s Class A common stock trading as EE on the New York Stock Exchange.