NYSE$EE

Excelerate Energy Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Excelerate Energy's financial performance underscored the resilience of its business model and the value customers place on maintaining flexible access to global LNG supply.

Excelerate Energy reported a net income of $12.8 million and an Adjusted EBITDAR of $71.4 million for the first quarter of 2022. The company executed gas sales at the Northeast Gateway terminal in Boston harbor and completed its first full quarter of natural gas sales at the Bahia terminal in Brazil.

  • Reported Net Income of $12.8 million and Adjusted EBITDAR of $71.4 million for the first quarter
  • Executed gas sales at Northeast Gateway terminal in Boston harbor
  • Completed first full quarter of natural gas sales at the Bahia terminal in Brazil
  • Advanced Moheshkhali LNG expansion project in Bangladesh

Headline financials

Total Revenue

$592M

Previous: $165M+259.0%
EPS (adj)

$0.13

Previous: $1.76-92.6%
Adjusted EBITDA

$62.3M

Previous: $89.5M-30.4%
Capital Expenditures

-$11M

No prior period
Free Cash Flow

$2.87M

No prior period
Net Income

$13.9M

Previous: $39.3M-64.6%
Operating Income

$39.1M

Previous: $62.8M-37.7%
Gross Profit

$592M

Previous: $102M+478.5%
Cash & Equivalents

$82.9M

No prior period
Total Assets

$2.3B

No prior period

Revenue & EPS history

Excelerate Energy · Revenue · Quarterly

$592M

Q1 2022+259%vs Q1 2021
Beat estimate in 4 of 9 quarters(44%)
ActualEstimate

Revenue by segment

Excelerate Energy · $592M total across 2 segments · Q1 2022

  • LNG, gas and power
    $494M
  • Terminal services
    $97.6M

Forward guidance

For the full year 2022, the Company expects Adjusted EBITDA to range between $249 million and $269 million. In addition, the Company expects Adjusted EBITDAR to range between $285 million and $305 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports

Historical avg

+3.6%

Avg return

Earnings day

+6.2%

Avg return

5 days after

+2.2%

Avg return

30 days after

69%

11 / 16 earnings

Positive

+11.9%

Q4 2022

Best reaction

-8.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.5%+6.3%-6.5%
Q4 2025-8.1%-5.9%-22.0%
Q3 2025+7.1%+3.2%+9.0%
Q1 2025+10.3%+19.5%+26.8%
Q4 2024+4.9%+7.6%-0.1%
Q3 2024-1.0%+13.1%+26.9%
Q2 2024+3.3%+5.1%-2.6%
Q1 2024+8.1%+4.4%-4.3%
Q4 2023+10.7%+5.7%+13.0%
Q3 2023+7.1%+18.6%+9.0%
Q2 2023-4.6%-9.6%-17.0%
Q1 2023-3.5%-2.7%-7.9%
Q4 2022+11.9%+16.5%+6.9%
Q3 2022+1.2%-1.6%+2.5%
Q2 2022+3.2%+8.9%+15.0%
Q1 2022+11.1%+9.6%-12.7%
Q4 2021
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Q2 2021
Q1 2021
Q1 2020
Q4 2019
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Q1 2019
Q4 2018
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Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

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