secwatch.observer — SEC 8-K summary
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Issuer:     Excelerate Energy, Inc. (EE)
CIK:        0001888447
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0000950170-24-022222
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Excelerate Energy posts FY2023 Net Income $126.8M, Q4 $20.0M; authorizes $50M buyback
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- Full year 2023 net income $126.8M, Q4 net income $20.0M; Adjusted EBITDA $346.8M and $71.4M respectively.
- Declared $0.025 quarterly dividend payable March 28, 2024; $50M share buyback authorized through February 2026.
- Long-term LNG supply contract with QatarEnergy for 0.85-1.0 MTPA delivered ex-ship to Bangladesh for 15 years starting January 2026.
- FY2024 guidance: Adjusted EBITDA $315-335M; committed growth capex $70-80M; maintenance capex $50-60M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1888447/000095017024022222/0000950170-24-022222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1888447/000095017024022222/ee-20240228.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-022222

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