Carolyn J. Burke
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.
Highest-materiality recent filing
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.
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.
Max materiality 0.90 · Median 0.70 · Most common event earnings