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Excelerate Energy, Inc. - EE STOCK NEWS

Welcome to our dedicated page for Excelerate Energy news (Ticker: EE), a resource for investors and traders seeking the latest updates and insights on Excelerate Energy stock.

Excelerate Energy, Inc. (symbol: EE) is a pioneering force in the domain of floating liquefied natural gas (LNG) solutions. Headquartered in The Woodlands, Texas, Excelerate Energy has firmly established itself as a market leader, offering a diverse range of integrated services that span the entire LNG value chain.

With a mission to deliver rapid-to-market and reliable LNG solutions, the company’s offerings include everything from Floating Storage Regasification Units (FSRUs) to comprehensive infrastructure development and LNG supply. These services ensure that clients receive flexible and adaptive solutions tailored to their specific needs.

Excelerate Energy’s global presence underscores its commitment to operational excellence and market reach. The company maintains significant offices in strategic locations including Abu Dhabi, Buenos Aires, Dubai, Rio de Janeiro, and Singapore, positioning it to effectively serve a diverse and global customer base.

Recent achievements highlight Excelerate Energy’s innovative approach and robust financial health. The company has been involved in key projects that enhance the efficiency and capacity of LNG storage and regasification. Partnerships with leading industry players further cement its reputation as a trusted provider in the LNG sector.

Consistent with its growth strategy, Excelerate Energy continues to explore and develop new opportunities in the market. Their projects are designed to meet the increasing global demand for clean energy, and they are committed to delivering solutions that are both economically and environmentally sustainable.

In summary, Excelerate Energy, Inc. stands out as a vital player in the LNG industry, providing innovative, flexible, and integrated solutions with a strong commitment to meeting and exceeding customer expectations.

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Excelerate Energy, Inc. (NYSE: EE) and QatarEnergy have entered into a 15-year LNG Sales and Purchase agreement, with Excelerate agreeing to purchase up to 1.0 million tonnes per annum of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh. The agreement highlights Excelerate's ability to secure critical and affordable LNG volumes for its customers, while supporting the energy requirements of Bangladesh and its economic development. The deal signifies a new milestone in the collaboration between the two companies and aims to enhance energy security for countries around the world.
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Excelerate Energy, Inc. (NYSE: EE) will release its Q4 and full year 2023 results on February 28, 2024. The earnings release and presentation will be available on the investor page of the company's website. A conference call for analysts and investors will be hosted on February 29, 2024, with a webcast available on the company's website.
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Excelerate Energy, Inc. (EE) will participate in a Fireside Chat and meetings with investors at the Wells Fargo Midstream and Utilities Symposium on December 6 - 7, 2023 in New York. The Fireside Chat with President and CEO Steven Kobos is scheduled for Thursday, December 7, 2023, at 11:00 a.m. Eastern Time. A live audio webcast of the presentation and an archived recording will be available on the Investors page of the Company’s website at www.excelerateenergy.com.
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Excelerate Energy, Inc. (NYSE: EE) reported strong financial results for Q3 2023, including a net income of $46.5 million and adjusted EBITDA of $106.9 million. The company raised its full-year 2023 adjusted EBITDA guidance to $340-350 million and signed agreements with Petrobras and Petrobangla for long-term contracts. Excelerate also declared a quarterly dividend of $0.025 per share.
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Excelerate Energy, Inc. (NYSE: EE) has signed a long-term LNG sale and purchase agreement (SPA) with Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) to supply 0.85 to 1.0 million tonnes per annum (MTPA) of LNG for 15 years starting January 2026. This agreement is part of Excelerate's integrated growth strategy and aims to support Bangladesh's energy needs, representing a significant milestone for the company's business in Bangladesh.
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Excelerate Energy, Inc. (NYSE: EE) Declares $0.025 Quarterly Dividend for Class A Common Stock
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Excelerate Energy signs 10-year contract with Petrobras to charter FSRU Sequoia in Brazil
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Excelerate Energy releases inaugural Sustainability Report
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Excelerate Energy, Inc. will release its Q3 2023 results on November 8, 2023. Conference call for analysts and investors will be held on November 9, 2023 at 8:30 a.m. ET.
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Excelerate Energy, Inc. (NYSE: EE) CFO, Dana Armstrong, to host one-on-one investor meetings at Barclays CEO Energy-Power Conference in New York on September 6-7, 2023.
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FAQ

What is the current stock price of Excelerate Energy (EE)?

The current stock price of Excelerate Energy (EE) is $30.42 as of November 21, 2024.

What is the market cap of Excelerate Energy (EE)?

The market cap of Excelerate Energy (EE) is approximately 734.6M.

What does Excelerate Energy, Inc. specialize in?

Excelerate Energy specializes in innovative floating LNG solutions, offering integrated services across the LNG value chain including FSRUs, infrastructure development, and LNG supply.

Where is Excelerate Energy headquartered?

Excelerate Energy is headquartered in The Woodlands, Texas.

What services does Excelerate Energy provide?

Excelerate Energy provides a range of services including floating storage regasification units (FSRUs), infrastructure development, and LNG and natural gas supply.

In which regions does Excelerate Energy have a presence?

Excelerate Energy has offices in Abu Dhabi, Buenos Aires, Dubai, Rio de Janeiro, and Singapore.

What makes Excelerate Energy a leader in the LNG sector?

Excelerate Energy is known for its pioneering and market-leading position in floating LNG solutions, delivering flexible, rapid-to-market, and reliable services globally.

What are some recent achievements of Excelerate Energy?

Recent achievements include key projects that enhance LNG storage and regasification efficiency, and partnerships with leading industry players.

What is Excelerate Energy’s approach to sustainability?

Excelerate Energy is committed to delivering economically and environmentally sustainable solutions to meet the increasing global demand for clean energy.

How does Excelerate Energy ensure flexibility in its services?

Excelerate Energy offers adaptable solutions tailored to client needs, from floating regasification units to comprehensive infrastructure and LNG supply services.

What is the significance of Excelerate Energy’s global presence?

Excelerate Energy’s global offices in strategic locations allow it to effectively serve a diverse customer base and expand its market reach.

How does Excelerate Energy support the LNG value chain?

Excelerate Energy supports the LNG value chain by providing integrated services that cover storage, regasification, infrastructure development, and supply.

Excelerate Energy, Inc.

NYSE:EE

EE Rankings

EE Stock Data

734.57M
23.69M
2.36%
97.95%
3.79%
Oil & Gas Midstream
Natural Gas Distribution
Link
United States of America
THE WOODLANDS