NYSE$EE
Excelerate Energy Inc. · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Delivered strong results due to steady performance of core regasification business and demand for FSRUs.
Excelerate Energy reported a net income of $29.6 million and an adjusted EBITDA of $88.6 million for the second quarter of 2023. The company secured contracts to sell four spot LNG cargos into Bangladesh and commenced seasonal regasification services at the Bahia Blanca GasPort in Argentina.
- Reported Net Income of $29.6 million for the second quarter
- Reported Adjusted EBITDA of $88.6 million for the second quarter
- Secured contracts to sell four spot LNG cargos into Bangladesh in 2023, two delivered in the second quarter
- Commenced seasonal regasification services at the Bahia Blanca GasPort in Argentina in May 2023
Headline financials
Revenue & EPS history
Excelerate Energy · Revenue · Quarterly
$432M
Revenue by segment
Excelerate Energy · $432M total across 2 segments · Q2 2023
- LNG, gas and power$307M-40.2%71.0%
- Terminal services$125M+14.0%29.0%
Forward guidance
Excelerate is narrowing its full year 2023 guidance range. The Company now expects Adjusted EBITDA to range between $325 million and $335 million for the full year 2023. Maintenance capex for 2023 is expected to range between $20 million and $30 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 2023
+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
| Quarter | Report date | Reaction (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