Highest-materiality recent filing
Excelerate Energy Q2 net income $50.1M, dividend raised 13% to $0.09
Net income $50.1M, revenue $329.3M, Adjusted EBITDA $120.1M for Q2 2026.
All seven director nominees were elected with between 93.6% and 99.7% of votes cast.
Excelerate Energy Q1 net income $50M, revenue up 37% YoY; guidance revised on Iraq delay
Net income $50.0M ($0.37 diluted EPS) vs $52.1M ($0.46) YoY; revenue $433.4M, up 37% YoY.
Net income of $39.1M in Q4 2025 and $167.0M for full year 2025, both record levels.
Excelerate Energy posts record Q3 Adjusted EBITDA $129.3M; raises full-year 2025 outlook
Net income $55.0M ($0.43 EPS); Adjusted net income $57.1M ($0.45 adjusted EPS).
Excelerate Energy Q2 net income $20.8M; raises FY 2025 EBITDA guidance to $420-440M
Q2 GAAP net income $20.8M ($0.15 diluted EPS); adjusted net income $46.8M ($0.34 adjusted EPS).
Excelerate completes NFE Jamaica acquisition; acquired business lost $79M in 2024
NFE Jamaica had $357.5M revenue but $19.1M operating loss and $79.3M net loss for FY2024.
Excelerate stockholders elect all seven director nominees at 2025 annual meeting
All seven director nominees elected with for votes ranging from 94.8M to 100.3M; broker non-votes ~2.0M.
Excelerate closes $1.055B acquisition of New Fortress Energy's Jamaica LNG and power assets
Acquired Montego Bay LNG Terminal, Old Harbour LNG Terminal, and Clarendon CHP plant for $1.055B cash.
Excelerate Energy Q1 Net Income $52.1M; Raises FY2025 Adj. EBITDA guidance to $345-365M
Net Income $52.1M (diluted EPS $0.46); Adjusted Net Income $55.6M (adjusted EPS $0.49).
Excelerate Energy subsidiary issues $800M of 8.000% Senior Notes due 2030
$800M aggregate principal, 8.000% interest, matures May 15, 2030; interest payable semi-annually starting Nov 15, 2025.
Excelerate Energy prices $800M 8.000% senior notes due 2030, upsized from $700M
$800M aggregate principal of 8.000% unsecured senior notes due May 15, 2030, issued at par.
Excelerate Energy preliminary Q1 adj. EBITDA $96-101M; $700M notes for Jamaica buy
Preliminary Q1 income before taxes $52-59M; adjusted EBITDA $96-101M.
Excelerate Energy prices follow-on offering of 6.96M shares at $26.50, expects ~$175.5M net proceeds
Public offering of 6,956,522 shares of Class A common stock at $26.50 per share.
Excelerate Energy to acquire NFE's Jamaica LNG and power assets for $1.055B cash
Acquisition includes Montego Bay LNG Terminal, Old Harbour LNG Terminal, and Clarendon CHP plant.
Excelerate Energy reports record full-year 2024 net income of $153M; declares $0.06 dividend
Q4 net income $46.1M, diluted EPS $0.40; full-year net income $153.0M ($1.27/diluted share).
Excelerate Energy appoints Nisha Biswal to board; Carolyn Burke resigns
Carolyn J. Burke resigned from Board effective Jan 21, 2025; not due to any disagreement with management.
Excelerate Energy Reports Q3 2024 Net Income of $45.5M, Raises Full-Year Adjusted EBITDA Guidance
Q3 2024 Net Income of $45.5 million, up from $33.3 million in Q2 2024.
Excelerate Energy board changes: Kleemeier retires, Tyler Todd appointed
Henry G. Kleemeier, age 80, retired from the Board effective October 9, 2024.
Excelerate Energy Q2 net income $33.3M, raises full-year guidance
Q2 net income $33.3M ($0.26 diluted EPS) vs $29.6M YoY; revenue $183.3M down from $432.4M.
Excelerate Energy shareholders elect directors, approve compensation and auditor
All 7 director nominees elected with 96.3M to 103.0M votes each; highest withheld 6.9M for Kleemeier.
Net income of $28.1M ($0.24 diluted EPS); Adjusted EBITDA $75.4M; revenue $200.1M, down from $211.1M YoY.
Excelerate Energy enters Waiver Agreement to address Delaware Moelis ruling on stockholder rights
Waiver Agreement responds to Moelis decision; reaffirms Board rights subject to fiduciary duties.
Excelerate Energy posts FY2023 Net Income $126.8M, Q4 $20.0M; authorizes $50M buyback
Full year 2023 net income $126.8M, Q4 net income $20.0M; Adjusted EBITDA $346.8M and $71.4M respectively.
Excelerate Energy splits CCO role; Daniel Bustos departs, Oliver Simpson appointed CCO
Daniel Bustos steps down as Chief Commercial Officer; serves as Senior Advisor through May 31, 2024, then terminated.
Excelerate Energy Q3 net income $46.5M; raises full-year Adj. EBITDA guidance to $340-350M
Net income $46.5M ($0.40 diluted EPS) vs $37.3M in Q3 2022; revenue $275.5M down from $803.3M YoY.
Excelerate Energy Q2 net income $29.6M; EPS $0.23; declares dividend
Net income $29.6M vs net loss $4.0M in Q2 2022; diluted EPS $0.23 vs ($0.08).
Excelerate Energy reports 2023 annual meeting voting results, all proposals approved
All seven director nominees elected, receiving between 96.3M and 103.9M votes for.
Excelerate Energy Q1 2023 net income $30.7M; Adjusted EBITDA $79.9M
Net income $30.7M ($0.26 diluted EPS); Adjusted net income $32.7M; Adjusted EBITDA $79.9M.
Excelerate Energy reports FY2022 net income $80M, revenues $2.47B; guides FY2023 EBITDA $320-340M
Q4 2022 net income $33.9M, full year $80.0M; Adjusted net income $34.1M Q4, $108.7M FY.
Excelerate Energy exercises option to buy FSRU Sequoia for $265M, close April 2023
Exercised option to purchase FSRU Sequoia for $265M from Anemoesa Marine Inc.
Excelerate Energy enters $600M amended credit facility, adds $250M term loan for FSRU acquisition
New $250M term loan facility and extension of $350M revolver to March 2027.
Excelerate Energy signs 20-year LNG SPA with Venture Global for 0.7 MTPA from Plaquemines LNG
Excelerate will purchase 0.7 million tonnes per annum of LNG on a FOB basis for 20 years from Venture Global's Plaquemines LNG facility in Louisiana.
Excelerate Energy Q3 2022 net income $37.3M; revenue $803.3M, up 318% YoY
Net income of $37.3M vs $1.4M YoY; diluted EPS $0.34.
Excelerate Energy COO Calvin Bancroft to retire; David Liner named successor effective Jan 1, 2023
Calvin Bancroft resigns as EVP/COO effective Dec 31, 2022; becomes Senior Advisor through Sept 30, 2023
Excelerate Energy declares $0.025 quarterly dividend payable Dec 14
Declared $0.025 per share quarterly cash dividend on Class A common stock.
Excelerate Energy signs $330M shipbuilding contract with HHI for new 170,000 CBM FSRU
Agreement with Hyundai Heavy Industries to construct one 170,000 CBM FSRU for ~$330 million.
Revenue $622.9M, up 223% YoY from $192.8M in Q2 2021.
Excelerate Energy declares inaugural quarterly cash dividend of $0.025 per share
Dividend of $0.025 per share payable on September 7, 2022 to holders of record on August 19, 2022.
Excelerate Energy appoints Deborah Byers as independent director, chair of Audit Committee
Board expanded from six to seven directors; Byers appointed effective July 5, 2022.
Excelerate Energy Q1 net income $12.8M, revenue $591.7M, Adjusted EBITDAR $71.4M
Net income $12.8 million vs $38.0 million in Q1 2021; Revenue $591.7 million, up 259% YoY.
Excelerate Energy closes IPO of 18.4M shares at $24; acquires vessel interests for $253.6M
IPO closed April 18, 2022: 18.4M Class A shares at $24.00 per share, raising approximately $441.6M.
On January 17, 2025, Carolyn J. Burke, notified Excelerate Energy, Inc. (the “Company”) of her decision to resign as a member of the Board of Directors of the Company (the “Board”), effective January 21, 2025.
To fill the vacancy created by the resignation of Ms. Burke, on January 17, 2025, the Board appointed Ms. Nisha D. Biswal as a director to hold office from January 21, 2025
on October 10, 2024, the Board appointed Mr. Tyler D. Todd as a director to hold office until the Company’s 2025 annual meeting of stockholders and until his successor shall have been duly elected and qualified or until his earlier death, resignation, removal, retirement or disqualification.
On October 9, 2024, Henry G. Kleemeier, age 80, notified Excelerate Energy, Inc. (the “Company”) of his decision to retire as a member of the Board of Directors of the Company (the “Board”), effective immediately.
Daniel Bustos will step down from his role as Chief Commercial Officer effective November 16, 2023.
effective November 16, 2023, the Company appointed Oliver Simpson as its Executive Vice President and Chief Commercial Officer, reporting to Steven Kobos, Chief Executive Officer.
David Liner, Vice President of Operations and Maintenance, will become Executive Vice President and Chief Operating Officer of the Company effective January 1, 2023.
Calvin A. Bancroft, Executive Vice President and Chief Operating Officer, will resign from his position as Executive Vice President and Chief Operating Officer of the Company effective as of the close of business on December 31, 2022
On July 5, 2022, the Board of Directors (the “Board”) of Excelerate Energy, Inc. (the “Company”) increased the size of the Board from six to seven directors and appointed Ms. Deborah Byers as a new director of the Company, effective immediately.
Carolyn J. Burke, Paul T. Hanrahan, Henry G. Kleemeier, Don P. Millican and Robert A. Waldo joined the Board of Directors of the Company (the “Board”).
Carolyn J. Burke, Paul T. Hanrahan, Henry G. Kleemeier, Don P. Millican and Robert A. Waldo joined the Board of Directors of the Company (the “Board”).
Carolyn J. Burke, Paul T. Hanrahan, Henry G. Kleemeier, Don P. Millican and Robert A. Waldo joined the Board of Directors of the Company (the “Board”).
Max materiality 0.90 · Median 0.70 · Most common event earnings