secwatch / observer

Excelerate Energy, Inc. — fact timeline

Source-grounded facts extracted from Excelerate Energy, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

EE Excelerate Energy, Inc. JSON
Shareholder Votes

Excelerate Energy, Inc. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2026-06-04 meeting.

“3. The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 was approved, as set forth below: For Against Abstain Broker Non-Votes 111,948,425 5,289 3,379 –”
Shareholder Votes

Excelerate Energy, Inc. shareholders approved Advisory vote on the compensation of named executive officers (Say-on-Pay) at the 2026-06-04 meeting.

“2. The advisory vote on the compensation of the Company's named executive officers was approved, as set forth below: For Against Abstain Broker Non-Votes 110,046,028 350,240 10,784 1,550,041”
Shareholder Votes

Excelerate Energy, Inc. shareholders approved Election of Directors at the 2026-06-04 meeting.

“1. Each of the individuals listed below were elected at the 2026 Annual Meeting to serve as Directors of the Company until the Company’s Annual Meeting of Stockholders in 2027 and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, removal, retirement or disqualification, as set forth below: Director Nominee For Withheld Broker Non-Votes Nisha D. Biswal 102,310,031 8,097,021 1,550,041 Deborah L. Byers 110,120,526 286,526 1,550,041 Paul T. Hanrahan 109,593,453 813,599 1,550,041 Steven M. Kobos 106,401,063 4,005,989 1,550,041 Don P. Millican 106,322,956 4,084,096 1,550,041 Tyler D. Todd 101,563,194 8,843,858 1,550,041 Robert A. Waldo 99,893,842 10,513,210 1,550,041”
Earnings Releases

Excelerate Energy, Inc. reported the quarter ended March 31, 2026 results: revenue $ 433.4, net income $ 50.0, EPS $ 0.37. Guidance lowered.

“through 2028." FIRST quarter 2026 Financial REsults For the three months ended (in millions, except per share amounts) March 31, 2026 December 31, 2025 March 31, 2025 Revenues $ 433.4 $ 317.6 $ 315.1 Operating Income 82.0 70.4 65.7 Net Income 50.0 39.1 52.1 Adjusted Net Income (1) 50.0 39.7 55.6 Adjusted EBITDA (1) 122.2 112.5 100.4 Earnings Per Share (diluted)”
M&A Transactions

Excelerate Energy, Inc. completed an acquisition involving New Fortress Energy Inc. and Atlantic Energy Holdings LLC for $1.055 billion in cash (closed 2025-05-14).

“EELP agreed to acquire the NFE Parties’ business in Jamaica for a purchase price of $1.055 billion in cash”
Debt Financings

Excelerate Energy, Inc. incurred senior notes of $800 million with U.S. Bank Trust Company, National Association at 8.000% maturing May 15, 2030.

“EELP issued $800 million aggregate principal amount of EELP’s 8.000% Senior Notes due 2030”
Debt Financings

Excelerate Energy, Inc. amended revolving credit of $500 million with Wells Fargo Bank, N.A., as administrative agent, the other lenders party thereto and the issuing banks party thereto maturing March 17, 2029.

“the Fifth Amendment provides for, among other things, (i) the extension of the maturity of the revolving facility thereunder to March 17, 2029 and (ii) an increase in the aggregate commitments under the revolving facility to $500 million.”

Nisha D. Biswal was appointed as Director at Excelerate Energy, Inc..

“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”

Carolyn J. Burke resigned as Director at Excelerate Energy, Inc..

“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.”

Tyler D. Todd was appointed as Director at Excelerate Energy, Inc..

“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.”

Henry G. Kleemeier retired as Director at Excelerate Energy, Inc..

“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.”
Earnings Releases

Excelerate Energy, Inc. reported the quarter ended March 31, 2024 results: revenue $200.1, net income $28.1 million, EPS $0.24.

“growth.” FIRST Quarter 2024 Financial REsults For the three months ended March 31, December 31, March 31, (in millions, except per share amounts) 2024 2023 2023 Revenues $ 200.1 $ 240.1 $ 211.1 Operating Income $ 45.2 $ 39.9 $ 49.6 Net Income $ 28.1 $ 20.0 $ 30.7 Adjusted Net Income (1) $ 28.1 $ 20.0 $ 32.7 Adjusted EBITDA (1) $ 75.4 $ 71.4 $ 79.9”
Material Agreements

Excelerate Energy, Inc. amended Waiver Agreement with Excelerate Energy Holdings, LLC, Excelerate Energy Limited Partnership valued at Waiver of certain Board and Committee Composition Rights, Resignation Provision, and Consent Rights (effective 2024-04-04).

“on April 4, 2024, the Company, EELP and EE Holdings have entered into a Waiver Agreement with respect to the Stockholder's Agreement (the "Waiver Agreement").”
Earnings Releases

Excelerate Energy, Inc. reported the full year and fourth quarter ended December 31, 2023 results: net income $126.8 million for the full year 2023 and $20.0 million for the fourth quarter. Guidance initiated.

“On February 28, 2024, Excelerate Energy, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended December 31, 2023.”

Oliver Simpson was appointed as Executive Vice President and Chief Commercial Officer at Excelerate Energy, Inc..

“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.”

Daniel Bustos departed as Chief Commercial Officer at Excelerate Energy, Inc..

“Daniel Bustos will step down from his role as Chief Commercial Officer effective November 16, 2023.”
Earnings Releases

Excelerate Energy, Inc. reported the three months ended September 30, 2023 results: revenue $ 275.5, net income $ 46.5, EPS $ 0.40. Guidance raised.

“footprint.” THIRD Quarter 2023 Financial REsults For the three months ended September 30, June 30, September 30, (in millions, except per share amounts) 2023 2023 2022 Revenues $ 275.5 $ 432.4 $ 803.3 Operating Income $ 67.5 $ 53.7 $ 49.9 Net Income $ 46.5 $ 29.6 $ 37.3 Adjusted Net Income (1) $ 46.5 $ 29.6 $ 38.6 Adjusted EBITDA (1) $ 106.9 $ 88.6 $ 77.9”
Earnings Releases

Excelerate Energy, Inc. reported the quarter ended June 30, 2023 results: revenue $ 432.4, net income $ 29.6, EPS $ 0.23.

“our shareholders.” Second Quarter 2023 Financial REsults For the three months ended June 30, March 31, June 30, (in millions, except per share amounts) 2023 2023 2022 Revenues $ 432.4 $ 211.1 $ 622.9 Operating Income $ 53.7 $ 49.6 $ 39.3 Net Income (Loss) $ 29.6 $ 30.7 $ (4.0 ) Adjusted Net Income (1) $ 29.6 $ 32.7 $ 20.4 Adjusted EBITDA (1) $ 88.6 $ 79.9 $”
Shareholder Votes

Excelerate Energy, Inc. shareholders approved Advisory vote on the frequency of future non-binding, advisory votes to approve the compensation of the Company’s named executive officers at the 2023-06-01 meeting.

“3. An advisory vote on the frequency of future non-binding, advisory votes to approve the compensation of the Company’s named executive officers received the following votes: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 102,778,200 16,317 24,719 1,632,925 1,751,045”
Shareholder Votes

Excelerate Energy, Inc. shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-01 meeting.

“2. The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was approved, as set forth below: For Against Abstain Broker Non-Votes 106,175,183 17,063 10,960 —”
Shareholder Votes

Excelerate Energy, Inc. shareholders approved Election of Directors at the 2023-06-01 meeting.

“1. Each of the individuals listed below were elected at the 2023 Annual Meeting to serve as Directors of the Company until the Company’s Annual Meeting of Stockholders in 2024 and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, removal, retirement or disqualification, as set forth below: Director Nominee For Withheld Broker Non-Votes Carolyn J. Burke 102,561,930 1,890,231 1,751,045 Deborah L. Byers 103,945,699 506,462 1,751,045 Paul T. Hanrahan 99,875,087 4,577,074 1,751,045 Henry G. Kleemeier 96,313,111 8,139,050 1,751,045 Steven M. Kobos 99,240,044 5,212,117 1,751,045 Don P. Millican 98,642,749 5,809,412 1,751,045 Robert A. Waldo 96,313,493 8,138,668 1,751,045”
Earnings Releases

Excelerate Energy, Inc. reported the first quarter ended March 31, 2023 results: revenue Revenues $ 211.1, net income Net Income $ 30.7, EPS Earnings Per Share (diluted) $ 0.26.

“For the three months ended March 31, December 31, March 31, (in millions, except per share amounts) 2023 2022 2022 Revenues $ 211.1 $ 455.1 $ 591.7 Operating Income $ 49.6 $ 58.4 $ 39.1 Net Income $ 30.7 $ 33.9 $ 12.8 Adjusted Net Income (1) $ 32.7 $ 34.1 $ 15.6 Adjusted EBITDA (1) $ 79.9 $ 89.4 $ 62.7 Earnings Per Share (diluted) $ 0.26 $ 0.25 $ —”
Earnings Releases

Excelerate Energy, Inc. updated its full year 2023 guidance (initiated).

“2023 GUIDANCE • Expect full year 2023 Adjusted EBITDA to range between $320 million and $340 million”
Earnings Releases

Excelerate Energy, Inc. reported the full year ended December 31, 2022 results: revenue $ 2,473.0, net income $ 80.0, EPS $ 0.51.

“Fourth Quarter and Full Year 2022 Financial REsults For the three months ended For the full year ended December 31, September 30, December 31, December 31, (in millions) 2022 2022 2022 2021 Revenues $ 455.1 $ 803.3 $ 2,473.0 $ 888.6 Operating Income $ 58.4 $ 49.9 $ 186.7 $ 139.3 Net Income $ 33.9 $ 37.3 $ 80.0 $ 41.2 Adjusted Net Income (1) $ 34.1 $ 38.6 $ 108.7 $ 55.2 Adjusted EBITDA (1) $ 89.0 $ 77.5 $ 294.9 $ 262.1 Adjusted EBITDAR (1) $ 98.0 $ 86.4 $ 331.1 $ 291.1 Earnings Per Share (diluted) $ 0.25 $ 0.34 $ 0.51”
Earnings Releases

Excelerate Energy, Inc. reported the three months ended December 31, 2022 results: revenue $ 455.1, net income $ 33.9, EPS $ 0.25.

“Fourth Quarter and Full Year 2022 Financial REsults For the three months ended For the full year ended December 31, September 30, December 31, December 31, (in millions) 2022 2022 2022 2021 Revenues $ 455.1 $ 803.3 $ 2,473.0 $ 888.6 Operating Income $ 58.4 $ 49.9 $ 186.7 $ 139.3 Net Income $ 33.9 $ 37.3 $ 80.0 $ 41.2 Adjusted Net Income (1) $ 34.1 $ 38.6 $ 108.7 $ 55.2 Adjusted EBITDA (1) $ 89.0 $ 77.5 $ 294.9 $ 262.1 Adjusted EBITDAR (1) $ 98.0 $ 86.4 $ 331.1 $ 291.1 Earnings Per Share (diluted) $ 0.25 $ 0.34 $ 0.51”
Material Agreements

Excelerate Energy, Inc. entered into Purchase Agreement with Anemoesa Marine Inc. valued at $265 million (effective 2023-03-23).

“On March 23, 2023, Excelerate Energy Limited Partnership (“EELP”), the entity through which Excelerate Energy, Inc. (the “Company”) conducts its business, exercised an option to purchase the Floating Storage Regasification Unit (“FSRU”) Sequoia for a purchase price of $265 million (the “Sequoia Purchase”) from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands (“Seller”). The Sequoia Purchase was undertaken pursuant to the terms of that certain Memorandum of Agreement Saleform 2012 between EELP and Seller (the “Purchase Agreement”).”
Material Agreements

Excelerate Energy, Inc. amended Amended and Restated Senior Secured Credit Agreement with Wells Fargo Bank, N.A., as Administrative Agent, the other lenders party thereto and the issuing banks party thereto valued at $250 million term loan facility, $350 million revolving credit facility (effective 2023-03-17).

“On March 17, 2023, Excelerate Energy Limited Partnership (“EELP”), the entity through which Excelerate Energy, Inc. (the “Company”) conducts its business, and the Company entered into an Amended and Restated Senior Secured Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, N.A., as Administrative Agent (“Administrative Agent”), the other lenders party thereto and the issuing banks party thereto.”
Earnings Releases

Excelerate Energy, Inc. reported the third quarter ended September 30, 2022 results: revenue $803.3, net income $37.3, EPS $0.34. Guidance raised.

“achieve their decarbonization goals.” THIRD Quarter 2022 Financial REsults For the three months ended September 30, June 30, September 30, (in millions) 2022 2022 2021 Revenues $ 803.3 $ 622.9 $ 192.1 Operating Income $ 49.9 $ 39.3 $ 25.7 Net Income/(Loss) $ 37.3 $ (4.0 ) $ 1.4 Adjusted Net Income (1) $ 38.6 $ 20.4 $ 6.9 Adjusted EBITDA (1) $ 77.5 $ 66.1 $ 58.2”

David Liner was appointed as Executive Vice President and Chief Operating Officer at Excelerate Energy, Inc..

“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 resigned as Senior Advisor at Excelerate Energy, Inc..

“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”

Deborah Byers was appointed as Director and Chairperson of the Audit Committee at Excelerate Energy, Inc..

“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.”

Robert A. Waldo was appointed as Director at Excelerate Energy, Inc..

“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”).”

Don P. Millican was appointed as Chairperson of the Board at Excelerate Energy, Inc..

“In addition, Mr. Millican was appointed as Chairperson of the Board.”

Henry G. Kleemeier was appointed as Director at Excelerate Energy, Inc..

“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”).”

Paul T. Hanrahan was appointed as Director at Excelerate Energy, Inc..

“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 was appointed as Director at Excelerate Energy, Inc..

“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”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.