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Excelerate Energy Announces Quarterly Cash Dividend

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Excelerate Energy (NYSE: EE) has announced a quarterly cash dividend of $0.025 per share for its Class A common stock. The dividend is for the quarter ended June 30, 2024, and will be payable on September 5, 2024. Shareholders of record as of the close of business on August 21, 2024, will be eligible for this dividend. Additionally, Excelerate Energy Partnership, the company's operating subsidiary, will distribute $0.025 per interest to holders of its Class B partnership interests on the same date.

The company's Board of Directors retains discretion over future dividend declarations, including their timing, amount, and payment.

Excelerate Energy (NYSE: EE) ha annunciato un dividendo in contante trimestrale di $0,025 per azione per le sue azioni ordinarie di Classe A. Il dividendo si riferisce al trimestre conclusosi il 30 giugno 2024 e sarà pagabile il 5 settembre 2024. Gli azionisti registrati alla chiusura delle negoziazioni del 21 agosto 2024 saranno idonei a ricevere questo dividendo. Inoltre, Excelerate Energy Partnership, la controllata operativa della società, distribuirà $0,025 per interesse ai detentori delle sue quote di partnership di Classe B nella stessa data.

Il Consiglio di Amministrazione della società si riserva la facoltà di dichiarare dividendi futuri, inclusi il loro timing, importo e modalità di pagamento.

Excelerate Energy (NYSE: EE) ha anunciado un dividendo en efectivo trimestral de $0.025 por acción para sus acciones ordinarias de Clase A. El dividendo corresponde al trimestre que finalizó el 30 de junio de 2024 y se pagará el 5 de septiembre de 2024. Los accionistas registrados al cierre del mercado el 21 de agosto de 2024 serán elegibles para este dividendo. Además, Excelerate Energy Partnership, la subsidiaria operativa de la compañía, repartirá $0.025 por interés a los titulares de sus intereses de asociación de Clase B en la misma fecha.

La Junta Directiva de la compañía se reserva la discreción sobre las futuras declaraciones de dividendos, incluyendo su tiempo, monto y forma de pago.

Excelerate Energy (NYSE: EE)는 클래스 A 보통주에 대해 분기 현금 배당금으로 $0.025 per share를 발표했습니다. 이 배당금은 2024년 6월 30일에 종료된 분기에 대한 것이며, 2024년 9월 5일에 지급될 예정입니다. 2024년 8월 21일 거래 종료 시점에 기록된 주주가 이번 배당금 수령 자격이 있습니다. 또한, 회사의 운영 자회사인 Excelerate Energy Partnership은 동일한 날짜에 클래스 B 파트너십 지분 보유자에게 $0.025를 배포할 것입니다.

회사의 이사회는 향후 배당금 선언, 즉 그 시기, 금액 및 지급 방법에 대한 재량권을 보유합니다.

Excelerate Energy (NYSE: EE) a annoncé un dividende trimestriel en espèces de $0,025 par action pour ses actions ordinaires de Classe A. Le dividende est pour le trimestre se terminant le 30 juin 2024 et sera versé le 5 septembre 2024. Les actionnaires inscrits à la clôture des transactions le 21 août 2024 seront éligibles pour ce dividende. De plus, Excelerate Energy Partnership, la filiale opérationnelle de l'entreprise, distribuera $0,025 par intérêt aux détenteurs de ses intérêts de partenariat de Classe B à la même date.

Le Conseil d'administration de la société conserve la discrétion concernant les déclarations de dividendes futurs, y compris leur calendrier, leur montant et leur mode de paiement.

Excelerate Energy (NYSE: EE) hat eine vierteljährliche Bardividende von $0,025 pro Aktie für ihre Stammaktien der Klasse A angekündigt. Die Dividende bezieht sich auf das am 30. Juni 2024 endende Quartal und wird am 5. September 2024 ausgezahlt. Aktionäre, die zum Geschäftsschluss am 21. August 2024 im Aktienbuch stehen, sind für diese Dividende berechtigt. Zusätzlich wird die operative Tochtergesellschaft Excelerate Energy Partnership am selben Datum $0,025 pro Anteil an die Inhaber der Anteile der Klasse B auszahlen.

Der Vorstand des Unternehmens behält sich das Ermessen über zukünftige Dividendenankündigungen vor, einschließlich Zeitpunkt, Höhe und Auszahlung.

Positive
  • Regular dividend payment indicates financial stability
  • Equal treatment of Class A and Class B stakeholders
Negative
  • Low dividend amount of $0.025 per share

THE WOODLANDS, Texas--(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 June 30, 2024, of $0.025 per share of Class A common stock. The dividend is payable on September 5, 2024, to Class A common stockholders of record as of the close of business on August 21, 2024.

Excelerate Energy Limited Partnership, the Company’s operating subsidiary, will make a corresponding distribution of $0.025 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 remains 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 value chain with the objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of flexible regasification services from FSRUs to infrastructure development to LNG supply. Excelerate has offices in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Helsinki, London, Manila, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit https://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.

Investors

Craig Hicks

Excelerate Energy

Craig.Hicks@excelerateenergy.com

Media

Stephen Pettibone / Frances Jeter

FGS Global

Excelerate@fgsglobal.com

or

media@excelerateenergy.com

Source: Excelerate Energy, Inc.

FAQ

What is the dividend amount for Excelerate Energy (EE) for Q2 2024?

Excelerate Energy (EE) has declared a quarterly cash dividend of $0.025 per share for Q2 2024.

When is the dividend payment date for Excelerate Energy (EE)?

The dividend payment date for Excelerate Energy (EE) is September 5, 2024.

What is the record date for Excelerate Energy's (EE) Q2 2024 dividend?

The record date for Excelerate Energy's (EE) Q2 2024 dividend is August 21, 2024, at the close of business.

Does Excelerate Energy (EE) pay dividends to both Class A and Class B stakeholders?

Yes, Excelerate Energy (EE) pays $0.025 per share to Class A common stockholders and $0.025 per interest to Class B partnership interest holders.

Excelerate Energy, Inc.

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THE WOODLANDS