NYSE$EE

Excelerate Energy Inc. · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported financial results for the second quarter ended June 30, 2022.

Excelerate Energy reported a net loss of $4.0 million, which included a one-time charge of $21.8 million related to the IPO-related FSRU acquisition. Adjusted net income, excluding this charge and IPO-related expenses, was $20.4 million. The company's adjusted EBITDAR for the quarter was $75.2 million.

  • Reported Net Loss of $4.0 million, reflecting an expected $21.8 million one-time charge for IPO-related FSRU acquisition
  • Adjusted Net Income, excluding the expected one-time charge and IPO-related restructuring expenses, was $20.4 million for the second quarter
  • Reported Adjusted EBITDAR of $75.2 million for the second quarter
  • Expanded downstream reach of planned Vlora Terminal project through gas sales MOU with Bulgaria’s Overgas

Headline financials

Total Revenue

$623M

Previous: $193M+223.1%
EPS (adj)

$0.78

Previous: $0.23+246.5%
Capital Expenditures

-$42M

No prior period
Free Cash Flow

-$46.9M

No prior period
Net Income

-$4.82M

Previous: $5.02M-196.1%
Operating Income

$39.3M

Previous: $27.8M+41.1%
Gross Profit

$623M

Previous: $66.3M+839.6%
Cash & Equivalents

$386M

No prior period
Total Assets

$2.71B

No prior period

Revenue & EPS history

Excelerate Energy · Revenue · Quarterly

$623M

Q2 2022+223.1%vs Q2 2021
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

Excelerate Energy · $623M total across 2 segments · Q2 2022

  • LNG, gas and power
    $513M—
  • Terminal services
    $110M—

Forward guidance

The Company is reaffirming its prior guidance and expects Adjusted EBITDA to range between $249 million and $269 million for the full year 2022. 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 · overlaid with Q2 2022

Historical avgQ2 2022

+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
Q2 2025———
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———
Q3 2021———
Q2 2021———
Q1 2021———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
Q1 2019———
Q4 2018———
Q3 2018———
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———

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro