earnings
confidence high
sentiment positive
materiality 0.70
Excelerate Energy Q2 net income $29.6M; EPS $0.23; declares dividend
Excelerate Energy, Inc.
2023-Q2 EPS reported
$0.49
revenue$643,428,000
- Net income $29.6M vs net loss $4.0M in Q2 2022; diluted EPS $0.23 vs ($0.08).
- Adjusted EBITDA $88.6M, up 33% from $66.5M in prior-year quarter.
- Revenue $432.4M, down 31% from $622.9M in Q2 2022.
- Declared quarterly dividend $0.025 per share, payable September 7, 2023.
- Secured contracts for four spot LNG cargoes to Bangladesh; two delivered in Q2; began Argentina regasification in May.