Excelerate Energy Inc (EE)

Excelerate Energy Reports First Quarter 2026 ResultsMay 6, 2026 4:15 PM
Business Wire Excelerate Energy, Inc. (NYSE: EE) (Excelerate or the Company) today reported its financial results for the first quarter ended March 31, 2026. RECENT HIGHLIGHTS Reported Net Income of $50.0 million for the first quarter Reported Adjusted EBITDA of $122.2 million for the first quarter Executed a definitive nine-month time charter party agreement with Jordan's National Electric Power Company to deploy the FSRU Excelerate Acadia to the country’s existing LNG import terminal in Aqaba Declared a quarterly cash dividend of $0.08 per share, payable on June 4, 2026 CEO COMMENT "Excelerate delivered strong financial and operational results in the first quarter, demonstrating the strength of our contracted asset portfolio and the consistency of our operations around the world. Our global footprint provides revenue and earnings diversification, and it is a core reason we are able to perform across market cycles," said Steven Kobos, President and CEO of Excelerate Energy. Kobos continued, "Approximately 200 million tonnes of new LNG supply are expected to come online by the end of the decade, and the push for greater supply diversification is accelerating. The need for regasification infrastructure is growing. Our position as a leading global provider, combined with the strength of our balance sheet, positions us to meet that need. We are revising our full-year guidance to reflect the delayed startup of our Iraq terminal due to the ongoing conflict in the Middle East, mitigated in part by the expected interim deployment of the Excelerate Acadia to Jordan. The Iraq project fundamentals remain unchanged. Looking ahead, we continue to have confidence in our sequenced earnings growth 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)   0.37       0.28       0.46   Adjusted Earnings Per Share (diluted) (1)   0.37       0.29       0.49   (1) See the reconciliation of non-GAAP financial measures to the most comparable GAAP financial measure in the section titled "Non-GAAP Reconciliation" below. Net Income and Adjusted EBITDA for the first quarter of 2026 increased sequentially from the prior quarter primarily due to vessel optimization and higher LNG, gas, and power margins. Net Income decreased from the prior year first quarter primarily due to higher interest expense related to the 2030 Notes, seasonal maintenance expenses, and an increase in provision for income taxes, partially offset by an increase in LNG, gas and power sales opportunities, mostly related to the Jamaica acquisition. Adjusted EBITDA for the first quarter of 2026 increased from the prior year first quarter primarily due to an increase in LNG, gas and power sales opportunities mostly due to the impact from the Jamaica acquisition. KEY COMMERCIAL UPDATES Excelerate’s terminal services operations performed as expected during the first quarter, supported by long-term, high-quality contracts. The Explorer and Express FSRUs remained fully operational in the UAE, with crews safe and assets operating reliably in support of Dubai, Abu Dhabi, and the broader region as part of the UAE’s energy security infrastructure. In March 2026, in connection with the conflict in the Middle East, Excelerate received a force majeure notice from QatarEnergy related to its long-term LNG supply agreement. The Company issued a corresponding notice to Petrobangla under its long-term supply agreement. The transactions are structured on a back-to-back basis, with delivery obligations aligned to supply commitments and supported by contractual force majeure protections. In October 2025, Excelerate executed a definitive commercial agreement with a subsidiary of Iraq’s Ministry of Electricity for the development of the country’s first LNG import terminal. The integrated project includes a five-year agreement for regasification services and LNG supply, with extension options, and a minimum contracted offtake of 250 million standard cubic feet per day. Jetty reinforcement and construction of the fixed terminal infrastructure have been delayed temporarily due to the conflict in the Middle East and the terminal is no longer expected to commence operations in the third quarter of 2026 as previously disclosed. Project startup is now expected in 2027. The long-term fundamentals supporting the project remain unchanged, driven by chronic power shortages and limited domestic gas processing capacity in Iraq. Current conditions further reinforce the country’s need for reliable and scalable LNG import infrastructure and construction will resume as conditions allow. In May 2026, Excelerate executed a nine-month time charter party agreement with Jordan’s National Electric Power Company, NEPCO, to deploy the Excelerate Acadia to the country's existing LNG Terminal in Aqaba. The Excelerate Acadia is expected to commence operations in mid-2026. The interim deployment enhances Jordan's energy security by providing additional regasification capacity and generates incremental earnings for Excelerate while it continues to advance the Iraq integrated import terminal. LIQUIDITY AND CAPITAL RESOURCES As of March 31, 2026, Excelerate had $540.1 million in unrestricted cash and cash equivalents and the Company had no letters of credit under its revolving credit facility. All of the $500 million of capacity under the revolving credit facility was available for borrowings as of March 31, 2026. QUARTERLY CASH DIVIDEND UPDATE On April 30, 2026, Excelerate’s Board of Directors approved a quarterly cash dividend equal to $0.08 per share, or $0.32 per share on an annualized basis, of Class A common stock. The dividend is payable on June 4, 2026, to Class A common stockholders of record as of the close of business on May 20, 2026. 2026 FINANCIAL OUTLOOK The Company has revised its full-year 2026 Adjusted EBITDA and committed growth capital guidance to reflect the delayed start up of the integrated Iraq LNG import terminal. Adjusted EBITDA for the full year is now expected to range between $480 million and $510 million. Committed growth capital is now expected to range between $270 million and $300 million. Maintenance capex for 2026 is unchanged and still expected to range between $100 million and $110 million. Actual results may differ materially from the Company’s outlook as a result of, among other things, the factors described under “Forward-Looking Statements” below. INVESTOR CONFERENCE CALL AND WEBCAST The Excelerate management team will host a conference call for investors and analysts at 8:30 a.m. Eastern Time (7:30 a.m. Central Time) on Thursday, May 7, 2026. Investors are invited to access a live webcast of the conference call via the Investor Relations page on the Company’s website at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call. ABOUT EXCELERATE ENERGY Excelerate Energy, Inc. is a U.S.-based LNG and power infrastructure company located in The Woodlands, Texas. Excelerate helps countries around the world enhance their energy security by providing reliable energy infrastructure and increasing access to global LNG markets. The Company delivers services along the LNG to power value chain, including floating regasification terminals, downstream infrastructure development, LNG supply, and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com. USE OF NON-GAAP FINANCIAL MEASURES The Company reports financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). Included in this press release are certain financial measures that are not calculated in accordance with GAAP. They are designed to supplement, and not substitute, Excelerate’s financial information presented in accordance with GAAP. The non-GAAP measures as defined by Excelerate may not be comparable to similar non-GAAP measures presented by other companies, and you are cautioned not to place undue reliance on this information. The presentation of such measures, which may include adjustments to exclude non-recurring items, should not be construed as an inference that Excelerate’s future results, cash flows or leverage will be unaffected by other non-recurring items. Management believes that the following non-GAAP financial measures provide investors with additional useful information in evaluating the Company's performance and valuation. See the reconciliation of non-GAAP financial measures to the most comparable GAAP financial measure, including those measures presented as part of the Company’s 2026 Financial Outlook, in the section titled “Non-GAAP Reconciliation” below. Adjusted Gross Margin The Company uses Adjusted Gross Margin, a non-GAAP financial measure, which it defines as revenues less cost of LNG, gas and power and operating expenses, excluding depreciation and amortization, to measure its operational financial performance. Management believes Adjusted Gross Margin is useful because it provides insight into profitability and true operating performance excluding the implications of the historical cost basis of the Company’s assets. Adjusted Net Income The Company uses Adjusted Net Income, a non-GAAP financial measure, which it defines as net income plus tax-effected transition and transaction expenses. Management believes Adjusted Net Income is useful because it provides insight into profitability excluding the impact of non-recurring charges related to the Jamaica acquisition. Adjusted EBITDA Adjusted EBITDA is a non-GAAP financial measure included as a supplemental disclosure because management believes it is a useful indicator of the Company’s operating performance. The Company defines Adjusted EBITDA as net income before interest expense, income taxes, depreciation and amortization, accretion, non-cash long-term incentive compensation expense and items such as charges and non-recurring expenses that management does not consider as part of assessing ongoing operating performance. The Company adjusts net income for the items listed above to arrive at Adjusted EBITDA because these amounts can vary substantially from company to company within its industry depending upon accounting methods and book values of assets, capital structures and the method by which the assets were acquired. Adjusted EBITDA should not be considered as an alternative to, or more meaningful than, net income as determined in accordance with GAAP or as an indicator of the Company’s operating performance or liquidity. This measure has limitations as certain excluded items are significant components in understanding and assessing a company’s financial performance, such as a company’s cost of capital and tax structure, as well as the historic costs of depreciable assets, none of which are components of Adjusted EBITDA. The Company's presentation of Adjusted EBITDA should not be construed as an inference that its results will be unaffected by unusual or non-recurring items. For the foregoing reasons, Adjusted EBITDA has significant limitations that affect its use as an indicator of the Company’s profitability and valuation. Adjusted Earnings Per Share The Company uses Adjusted Earnings Per Share ("EPS"), a non-GAAP financial measure, which it defines as diluted EPS plus the per share impact of its tax-effected transition and transaction expenses. Management believes Adjusted EPS is useful because it provides insight on per share profitability excluding the impact of non-recurring charges related to the Jamaica acquisition. FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about Excelerate and our industry that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding: the commercial agreement for the development of Iraq’s first LNG import terminal, including the expected timeline and benefits to Excelerate; our future results of operations or financial condition, including our 2026 outlook, business strategy and plans, expansion plans and strategy; economic conditions, both generally and in particular in the regions in which we operate or plan to operate; objectives of management for future operations, our share repurchase program, and projections regarding annual results, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “consider,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will” or “would” or the negative of these words or other similar terms or expressions. You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors described under “Risk Factors” in Excelerate’s Annual Report on Form 10-K for the year ended December 31, 2025, our other filings with the Securities and Exchange Commission (the “SEC”), and those identified in this press release, including, but not limited to, the following: unplanned issues, including time delays, unforeseen expenses, cost inflation, materials or labor shortages, which could result in delayed project startup receipt of payment or existing or anticipated project cancellation; our ability to realize the anticipated benefits of the Jamaica acquisition, and our ability to manage integration risks of the Jamaica acquisition including expected accretion to earnings per share and the expected increase to our operating cash flow; the competitive market for LNG regasification services; changes in the supply of and demand for and price of LNG and natural gas and LNG regasification capacity; our need for substantial expenditures to maintain and replace, over the long-term, the operating capacity of our assets; risks associated with conducting business outside of the United States, including political, legal and economic risk; our ability to obtain and maintain approvals and permits from governmental and regulatory agencies with respect to the design, construction and operation of our facilities and provision of our services; our ability to access financing on favorable terms; our debt level and finance lease liabilities, which may limit our flexibility in obtaining additional financing, or refinancing credit facilities upon maturity; our financing agreements, which include financial restrictions and covenants and are secured by certain of our floating regasification terminals; our ability to enter into or extend contracts with customers and our customers’ failure to perform their contractual obligations; our ability to purchase or receive physical delivery of LNG in sufficient quantities to satisfy our delivery and sales obligations or at attractive prices; our ability to maintain relationships with our existing suppliers, source new suppliers for LNG and critical components of our projects and complete building out our supply chain; the technical complexity of our infrastructure assets; the risks inherent in operating our infrastructure assets; customer termination rights in our contracts; adverse effects on our operations due to disruption of third-party facilities; infrastructure constraints and community and political group resistance to existing and new LNG and natural gas infrastructure over concerns about the environment, safety and terrorism; shortages of qualified officers and crew impairing our ability to operate or increasing the cost of crewing our floating regasification terminals; acts of terrorism, war or political or civil unrest; compliance with various international treaties and conventions and national and local environmental, health, safety and maritime conduct laws that affect our operations; and other risks, uncertainties and factors set forth in any of our filings with the SEC. These risks and uncertainties are described more fully in our other filings with the SEC, including our most recent Annual Report on Form 10-K. All forward-looking statements are based on assumptions or judgments about future events that may or may not be correct or necessarily take place and that are by their nature subject to significant uncertainties and contingencies, many of which are outside the control of Excelerate. The occurrence of any such factors, events or circumstances would significantly alter the results set forth in these statements. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. For example, the current global economic uncertainty and geopolitical climate, including trade and tariff developments, wars and conflicts, and world or regional health events, including pandemics and epidemics and governmental and third-party responses thereto, may give rise to risks that are currently unknown or amplify the risks associated with many of the foregoing events or factors. The results, events and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events or circumstances could differ materially from those described in the forward-looking statements. In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based on information available to us as of the date of this press release. While we believe that we have a reasonable basis for the forward-looking statements contained herein, such information may be limited or incomplete. Our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely on these statements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments. Excelerate Energy, Inc. Consolidated Statements of Income (Unaudited)     For the three months ended       March 31, 2026     December 31,
2025     March 31, 2025       (In thousands, except share and per share amounts)   Revenues                   LNG, gas and power   $ 275,176     $ 164,024     $ 166,725   Terminal services     158,263       153,549       148,365   Total revenues     433,439       317,573       315,090   Operating expenses                   Cost of LNG, gas and power (exclusive of items below)     243,045       134,756       160,759   Operating expenses     53,084       51,220       41,938   Depreciation and amortization     31,007       32,403       21,643   Selling, general and administrative expenses     24,336       28,153       21,352   Transition and transaction expenses     —       675       3,682   Total operating expenses     351,472       247,207       249,374   Operating income     81,967       70,366       65,716   Other income (expense)                   Interest expense     (24,538 )     (24,566 )     (11,058 ) Interest expense – related party     (3,071 )     (3,189 )     (3,258 ) Earnings from equity method investment     604       644       596   Other income, net     4,476       4,187       6,154   Income before income taxes     59,438       47,442       58,150   Provision for income taxes     (9,460 )     (8,356 )     (6,027 ) Net income     49,978       39,086       52,123   Less net income attributable to non-controlling interests     37,658       29,955       40,736   Net income attributable to shareholders   $ 12,320     $ 9,131     $ 11,387                       Net income per common share – basic   $ 0.38     $ 0.29     $ 0.48   Net income per common share – diluted   $ 0.37     $ 0.28     $ 0.46   Weighted average shares outstanding – basic     32,078,044       32,015,667       23,900,116   Weighted average shares outstanding – diluted     32,982,088       32,820,094       106,751,592   Excelerate Energy, Inc. Consolidated Balance Sheets (Unaudited)     March 31, 2026     December 31, 2025       (Unaudited)         ASSETS   (In thousands)   Current assets             Cash and cash equivalents   $ 540,143     $ 538,234   Current portion of restricted cash     4,188       3,239   Accounts receivable, net     92,728       82,714   Current portion of net investments in sales-type leases     34,302       38,870   Other current assets     95,833       90,308   Total current assets     767,194       753,365   Restricted cash     15,278       15,045   Property and equipment, net     2,129,786       2,132,045   Intangible assets, net     355,309       359,221   Goodwill     238,468       234,994   Operating lease right-of-use assets     162,317       167,188   Net investments in sales-type leases     331,205       337,944   Investments in equity method investee     18,883       18,095   Deferred tax assets, net     24,040       25,224   Other assets     92,619       88,340   Total assets   $ 4,135,099     $ 4,131,461   LIABILITIES AND EQUITY             Current liabilities             Accounts payable   $ 8,231     $ 46,570   Accrued liabilities and other liabilities     161,484       123,027   Current portion of deferred revenues     42,065       57,135   Current portion of long-term debt     23,708       23,521   Current portion of long-term debt – related party     9,872       10,521   Current portion of operating lease liabilities     24,717       23,904   Current portion of finance lease liabilities     25,363       25,382   Total current liabilities     295,440       310,060   Long-term debt, net     908,314       912,788   Long-term debt, net – related party     148,710       151,431   Operating lease liabilities     133,802       138,744   Finance lease liabilities     138,569       144,608   TRA liability     51,122       51,122   Asset retirement obligations     63,633       62,799   Long-term deferred revenues     28,654       29,196   Deferred tax liability     65,276       64,654   Other long-term liabilities     46,406       36,981   Total liabilities   $ 1,879,926     $ 1,902,383   Commitments and contingencies             Class A Common Stock ($0.001 par value, 300,000,000 shares authorized, 35,170,045 shares issued as of March 31, 2026 and 34,710,832 shares issued as of December 31, 2025)     35       35   Class B Common Stock ($0.001 par value, 150,000,000 shares authorized and 82,021,389 shares issued and outstanding as of March 31, 2026 and December 31, 2025)     82       82   Additional paid-in capital     649,452       634,811   Retained earnings     112,226       102,640   Accumulated other comprehensive loss     (1,013 )     (112 ) Treasury stock (3,078,888 shares as of March 31, 2026 and 2,685,679 shares as of December 31, 2025)     (69,677 )     (54,981 ) Non-controlling interests     1,564,068       1,546,603   Total equity     2,255,173       2,229,078   Total liabilities and equity   $ 4,135,099     $ 4,131,461   Excelerate Energy, Inc. Consolidated Statements of Cash Flows (Unaudited)     For the three months ended       March 31, 2026     March 31, 2025   Cash flows from operating activities   (In thousands)   Net income   $ 49,978     $ 52,123   Adjustments to reconcile net income to net cash from operating activities             Depreciation and amortization     31,007       21,643   Amortization of operating lease right-of-use assets     6,316       403   ARO accretion expense     834       477   Amortization of debt issuance costs     1,481       737   Deferred income taxes     1,445       759   Share of net earnings in equity method investee     (604 )     (596 ) Distributions from equity method investee     900       1,530   Long-term incentive compensation expense     3,284       2,152   Changes in operating assets and liabilities:             Accounts receivable     (10,914 )     33,029   Other current assets and other assets     (8,162 )     29,249   Accounts payable and accrued liabilities     (5,343 )     40,037   Current portion of deferred revenue     (15,070 )     (27,518 ) Net investments in sales-type leases     11,307       10,385   Operating lease assets and liabilities     (5,574 )     (463 ) Other long-term liabilities     (863 )     (9,138 ) Net cash provided by operating activities   $ 60,022     $ 154,809                 Cash flows from investing activities             Purchases of property and equipment     (26,314 )     (44,123 ) Net cash used in investing activities   $ (26,314 )   $ (44,123 )               Cash flows from financing activities             Repurchase of Class A Common Stock     (4,480 )     —   Repayments of long-term debt     (5,230 )     (11,331 ) Repayments of long-term debt – related party     (3,370 )     (2,322 ) Payment of debt issuance costs     —       (797 ) Principal payments under finance lease liabilities     (5,861 )     (5,309 ) Taxes withheld for long-term incentive compensation     (2,576 )     (690 ) Dividends paid     (2,701 )     (1,450 ) Distributions     (7,254 )     (5,761 ) Other financing activities     656       12   Net cash used in financing activities   $ (30,816 )   $ (27,648 )               Effect of exchange rate on cash, cash equivalents, and restricted cash     199       72                 Net increase in cash, cash equivalents and restricted cash     3,091       83,110                 Cash, cash equivalents and restricted cash             Beginning of period   $ 556,518     $ 554,495   End of period   $ 559,609     $ 637,605   Excelerate Energy, Inc. Non-GAAP Reconciliation (Unaudited)   The following table presents a reconciliation of Adjusted Gross Margin to the GAAP financial measures of gross margin for each of the periods indicated.       For the three months ended       March 31, 2026     December 31,
2025     March 31, 2025       (In thousands)   LNG, gas and power   $ 275,176     $ 164,024     $ 166,725   Terminal services     158,263       153,549       148,365   Cost of LNG, gas and power     (243,045 )     (134,756 )     (160,759 ) Operating expenses     (53,084 )     (51,220 )     (41,938 ) Depreciation and amortization expense     (31,007 )     (32,403 )     (21,643 ) Gross Margin   $ 106,303     $ 99,194     $ 90,750   Depreciation and amortization expense     31,007       32,403       21,643   Adjusted Gross Margin   $ 137,310     $ 131,597     $ 112,393   The following table presents a reconciliation of Adjusted Net Income to the GAAP financial measures of net income for each of the periods indicated.       For the three months ended       March 31, 2026     December 31,
2025     March 31, 2025       (In thousands)   Net income   $ 49,978     $ 39,086     $ 52,123   Add back:                   Transition and transaction expenses     —       675       3,682   Tax impact on adjustments     —       (40 )     (174 ) Adjusted Net Income   $ 49,978     $ 39,721     $ 55,631   The following table presents a reconciliation of Adjusted EBITDA to the GAAP financial measures of net income for each of the periods indicated.       For the three months ended       March 31, 2026     December 31,
2025     March 31, 2025       (In thousands)   Net income   $ 49,978     $ 39,086     $ 52,123   Interest expense     27,609       27,755       14,316   Provision for income taxes     9,460       8,356       6,027   Depreciation and amortization expense     31,007       32,403       21,643   Accretion expense     834       821       477   Long-term incentive compensation expense     3,284       3,365       2,152   Transition and transaction expenses     —       675       3,682   Adjusted EBITDA   $ 122,172     $ 112,461     $ 100,420   The following table presents a reconciliation of Adjusted Dilutive EPS to the GAAP financial measures of dilutive EPS for each of the periods indicated.       For the three months ended       March 31, 2026     December 31,
2025     March 31, 2025   Earnings Per Share (diluted)   $ 0.37     $ 0.28     $ 0.46   Add back:                   Transition and transaction expenses     —       0.01       0.03   Adjusted Earnings Per Share (diluted)   $ 0.37     $ 0.29     $ 0.49       2026E     2026E   (In millions)   Low Case     High Case   Income before income taxes   $ 221     $ 257   Interest expense     112       107   Depreciation and amortization expense     131       126   Accretion expense     4       3   Long-term incentive compensation expense     12       17   Adjusted EBITDA   $ 480     $ 510     Note: We have not reconciled the Adjusted EBITDA outlook to net income, the most comparable measure, because it is not possible to estimate, without unreasonable effort, our income taxes with the level of required precision. Accordingly, we have reconciled these non-GAAP measures to our estimated income before taxes.   View source version on businesswire.com: https://www.businesswire.com/news/home/20260506440477/en/ Investors
Craig Hicks
Excelerate Energy
Craig.Hicks@excelerateenergy.com Media
Stephen Pettibone / Frances Jeter
FGS Global
Excelerate@fgsglobal.com
or
media@excelerateenergy.com Original: Excelerate Energy Reports First Quarter 2026 Results

Excelerate Energy Announces Quarterly Cash DividendApril 30, 2026 4:29 PM
Business Wire
Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended March 31, 2026, of $0.08 per share of Class A common stock. The dividend is payable on June 4, 2026, to Class A common stockholders of record as of the close of business on May 20, 2026.


Excelerate Energy Limited Partnership, the Company’s operating subsidiary, will make a corresponding distribution of $0.08 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment.


The declaration, timing, amount, and payment of future dividends remain at the discretion of the Company’s Board of Directors.


ABOUT EXCELERATE ENERGY


Excelerate Energy, Inc. is a U.S.-based LNG and power infrastructure company located in The Woodlands, Texas. Excelerate helps countries around the world enhance their energy security by providing reliable energy infrastructure and increasing access to global LNG markets. The Company delivers services along the LNG to power value chain, including floating regasification terminals, downstream infrastructure development, LNG supply, and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com.


Forward-Looking Statements


This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding Excelerate’s future results of operations or financial condition, business strategy and plans, expansion plans and strategy, economic conditions, objectives of management for future operations and the payment of dividends and declaration of future dividends, including the timing and amount thereof, are forward-looking statements. All forward-looking statements are based on assumptions or judgments about future events that may or may not be correct or necessarily take place and that are by their nature subject to significant risks, uncertainties and contingencies, including the risk factors that Excelerate identifies in its Securities and Exchange Commission filings, many of which are outside the control of Excelerate. The results, events, and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Excelerate undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260430064820/en/
Investors

Craig Hicks

Excelerate Energy

Craig.Hicks@excelerateenergy.com


Media

Stephen Pettibone / Frances Jeter

FGS Global

Excelerate@fgsglobal.com

or

media@excelerateenergy.com


Original: Excelerate Energy Announces Quarterly Cash Dividend

Excelerate Energy Announces First Quarter 2026 Earnings Conference Call DateApril 7, 2026 4:15 PM
Business Wire
Excelerate Energy, Inc. (NYSE: EE) (the “Company” or “Excelerate”) will release its first quarter 2026 results on Wednesday, May 6, 2026, following the close of U.S. financial markets. The earnings release and presentation for the first quarter 2026 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.


On Thursday, May 7, 2026, the Company’s management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call.


About Excelerate Energy:


Excelerate Energy, Inc. is a U.S.-based LNG and power infrastructure company located in The Woodlands, Texas. Excelerate helps countries around the world enhance their energy security by providing reliable energy infrastructure and increasing access to global LNG markets. The Company delivers services along the LNG to power value chain, including floating regasification terminals, downstream infrastructure development, LNG supply, and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260407640204/en/
Investors:

Craig Hicks

Excelerate Energy

craig.hicks@excelerateenergy.com


Media:

Stephen Pettibone / Frances Jeter

FGS Global

excelerate@fgsglobal.com

or

media@excelerateenergy.com


Original: Excelerate Energy Announces First Quarter 2026 Earnings Conference Call Date

Excelerate Energy Names New FSRU Excelerate Acadia at HD Hyundai Heavy IndustriesMarch 31, 2026 4:15 PM
Business Wire
Excelerate Energy, Inc. (NYSE:EE) today announced the official naming of its newest floating storage and regasification unit, Excelerate Acadia, during a naming ceremony at the Hyundai Heavy Industries shipyard in Ulsan, South Korea.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260331969185/en/Excelerate names new FSRU Excelerate Acadia
The ceremony highlights Excelerate Energy’s long-standing engagement with leading global shipbuilders and marks the first Excelerate FSRU constructed at HD Hyundai Heavy Industries. The event brought together company leadership, shipyard representatives, and invited guests to celebrate the vessel’s formal christening.


“This naming ceremony marks an important milestone for Excelerate and reflects the care and discipline our teams bring to building and operating critical energy infrastructure,” said Steven Kobos, President and CEO of Excelerate Energy. “We appreciate the strong partnership with HD Hyundai Heavy Industries and the many people who contributed to delivering a high-quality asset that will serve customers with the highest levels of safety and reliability.”


The vessel was officially named by Deborah Byers, member of Excelerate Energy’s board of directors and godmother of Excelerate Acadia, who performed the ceremonial name giving and champagne bottle breaking in accordance with maritime tradition.


Designed to support long-term LNG import and regasification operations, Excelerate Acadia represents Excelerate Energy’s continued investment in purpose-built floating storage and regasification units. The vessel features a modern design incorporating advanced efficiency and safety features, supported by redundant systems to ensure reliable performance.


“On behalf of the Board, I’m proud to mark this milestone and recognize the teamwork required to bring a complex asset to life,” said Byers. “Today’s naming ceremony reflects strong stewardship, strong partnerships, and a continued focus on safety and performance.”


ABOUT EXCELERATE ENERGY


Excelerate Energy, Inc. is a U.S.-based LNG and power infrastructure company located in The Woodlands, Texas. Excelerate helps countries around the world enhance their energy security by providing reliable energy infrastructure and increasing access to global LNG markets. The Company delivers services along the LNG to power value chain, including floating regasification terminals, downstream infrastructure development, LNG supply, and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260331969185/en/
Investors

Craig Hicks

Excelerate Energy

Craig.Hicks@excelerateenergy.com


Media

Stephen Pettibone / Frances Jeter

FGS Global

Excelerate@fgsglobal.com

or

media@excelerateenergy.com


Original: Excelerate Energy Names New FSRU Excelerate Acadia at HD Hyundai Heavy Industries

Excelerate Energy to Participate in an Investor ConferenceMarch 2, 2026 6:30 AM
Business Wire
Excelerate Energy, Inc. (NYSE: EE) today announced that Steven Kobos, President and Chief Executive Officer, will participate in an investor conference and Fireside Chat on March 4, 2026, at 8:00 a.m. Eastern Time (7:00 a.m. Central Time). A live audio webcast of the Fireside Chat and an archived recording will be available on the investor page of the Company’s website.


ABOUT EXCELERATE ENERGY


Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG-to-power value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of services from floating LNG regasification terminals to infrastructure development to LNG supply and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260301391237/en/
Investors

Craig Hicks

Excelerate Energy

Craig.Hicks@excelerateenergy.com


Media

Stephen Pettibone / Frances Jeter

FGS Global

Excelerate@fgsglobal.com

or

media@excelerateenergy.com


Original: Excelerate Energy to Participate in an Investor Conference

Excelerate Energy Announces Quarterly Cash DividendFebruary 19, 2026 4:15 PM
Business Wire
Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended December 31, 2025, of $0.08 per share of Class A common stock. The dividend is payable on March 26, 2026, to Class A common stockholders of record as of the close of business on March 11, 2026.


Excelerate Energy Limited Partnership, the Company’s operating subsidiary, will make a corresponding distribution of $0.08 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment.


The declaration, timing, amount, and payment of future dividends remain at the discretion of the Company’s Board of Directors.


ABOUT EXCELERATE ENERGY


Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG-to-power value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of services, including floating LNG regasification terminals, downstream infrastructure development, LNG supply, and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com.


Forward-Looking Statements


This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding Excelerate’s future results of operations or financial condition, business strategy and plans, expansion plans and strategy, economic conditions, objectives of management for future operations and the payment of dividends and declaration of future dividends, including the timing and amount thereof, are forward-looking statements. All forward-looking statements are based on assumptions or judgments about future events that may or may not be correct or necessarily take place and that are by their nature subject to significant risks, uncertainties and contingencies, including the risk factors that Excelerate identifies in its Securities and Exchange Commission filings, many of which are outside the control of Excelerate. The results, events, and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Excelerate undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260219840436/en/
Investors

Craig Hicks

Excelerate Energy

Craig.Hicks@excelerateenergy.com


Media

Stephen Pettibone / Frances Jeter

FGS Global

Excelerate@fgsglobal.com

or

media@excelerateenergy.com


Original: Excelerate Energy Announces Quarterly Cash Dividend

Excelerate Energy Announces Fourth Quarter and Full Year 2025 Earnings Conference Call DateJanuary 27, 2026 9:15 PM
Business Wire
Excelerate Energy, Inc. (NYSE: EE) (the “Company” or “Excelerate”) will release its fourth quarter and full year 2025 results on Wednesday, February 25, 2026, following the close of U.S. financial markets. The earnings release and presentation for the fourth quarter and full year 2025 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.


On Thursday, February 26, 2026, the Company’s management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call.


About Excelerate Energy:


Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG-to-power value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of flexible regasification services from floating LNG terminals to infrastructure development to LNG supply and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260127013052/en/
Investors:

Craig Hicks

Excelerate Energy

craig.hicks@excelerateenergy.com


Media:

Stephen Pettibone / Frances Jeter

FGS Global

excelerate@fgsglobal.com

or

media@excelerateenergy.com


Original: Excelerate Energy Announces Fourth Quarter and Full Year 2025 Earnings Conference Call Date

News: $EE ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of El Paso Electric Company

NEW YORK , June 3, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against El Paso Electric Company (NYSE: EE) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by the Infrastructure Investments Fund. Sto...

Find out more https://marketwirenews.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-el-paso-electric-company-8292186.html

News: $EE EL PASO MERGER INVESTIGATION: Halper Sadeh LLP Announces Investigation Into Whether the Sale of El Paso Electric Company is Fair to Shareholders - EE

NEW YORK, June 03, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of El Paso Electric Company (“El Paso” or the “Company”) (NYSE: EE) to the Infrastructure Investments Fund, an investment vehicle ad...

Find out more https://marketwirenews.com/news-releases/el-paso-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-el-paso-electric-company-is-fair-to-shareholders-ee-8291090.html

News: $EE El Paso Electric Enters into Agreement to Be Purchased by the Infrastructure Investments Fund, an Investment Vehicle Advised by J.P. Morgan Investment Management Inc.

Agreement Represents Significant Long-Term Investment to Support the Success of El Paso Electric, Its Employees, Customers and Communities Agreement Enhances El Paso Electric’s Ability to Meet Growing Service Area Needs, Including Renewable Energy and Sustainability Initiativ...

In case you are interested https://marketwirenews.com/news-releases/el-paso-electric-enters-into-agreement-to-be-purchased-by-the-infrastructure-investments-fund-an-investment-vehicle-advised-by-j-p-morgan-investment-management-inc--8288454.html

Jefferies downgraded El Paso Electric today. Looks to be trading at a 19% premium:

Valuation Analysis

~ Wednesday! $EE ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $EE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








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*If the earnings date is in error please ignore error. I do my best.

El Paso Electric Announces Fourth Quarter and Annual Financial Results

http://ih.advfn.com/p.php?pid=nmona&article=51300194&symbol=EE

~ Wednesday! $EE ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $EE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=EE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=EE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=EE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=EE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=EE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=EE
Finviz: http://finviz.com/quote.ashx?t=EE
~ BusyStock: http://busystock.com/i.php?s=EE&v=2


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http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

El Paso Electric Company is a utility company engaged in the generation, transmission and distribution of electricity in an area of approximately 10,000 square miles in west Texas and southern New Mexico. The Company also serves a wholesale customer in Texas. The Company owns or has significant ownership interests in six electrical generating facilities providing it with a net dependable generating capability of approximately 1,643 megawatts. During the year ended December 31, 2010, the Company’s energy sources consisted of approximately 45% nuclear fuel, 27% natural gas, 6% coal, 22% purchased power and less than 1% generated by wind turbines.

http://www.google.com/finance?q=EE