NYSE$EE

Excelerate Energy Inc. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Excelerate Energy reported strong financial results for the fourth quarter and full year 2024, including record full year performance.

Excelerate Energy delivered record full year financial results in 2024, driven by strong performance in its core regasification business. The company reported significant increases in net income and Adjusted EBITDA for the full year, while fourth quarter results remained largely flat compared to the previous quarter.

  • Net Income for the fourth quarter of 2024 was $46.1 million, contributing to a full year net income of $153.0 million.
  • Adjusted EBITDA reached $91.6 million for Q4 2024, with the full year Adjusted EBITDA at $348.2 million.
  • The company declared a quarterly cash dividend of $0.06 per share, payable on March 27, 2025.
  • Full year 2025 Adjusted EBITDA is projected to be between $340 million and $360 million, indicating continued growth expectations.

Headline financials

Total Revenue

$275M

Previous: $240M+14.4%
EPS (adj)

$0.40

Previous: $0.14+185.7%
Net Income

$46.1M

Previous: $20M+130.4%
Operating Income

$60.2M

Previous: $39.9M+50.9%
Gross Profit

$83.7M

Previous: $63.9M+30.9%

Revenue & EPS history

Excelerate Energy · Revenue · Quarterly

$275M

Q4 2024+14.4%vs Q4 2023
Beat estimate in 9 of 13 quarters(69%)
ActualEstimate

Revenue by segment

Excelerate Energy · $275M total across 2 segments · Q3 2023

  • LNG, gas and power
    $142M-79.3%
  • Terminal services
    $133M+15.5%

Forward guidance

Excelerate Energy expects continued strong performance in 2025, with Adjusted EBITDA projected to be between $340 million and $360 million. The company plans to focus on fleet expansion, LNG supply portfolio optimization, and strategic investments in FSRU-based import terminals and downstream LNG infrastructure.

Tailwinds

  • Full year 2025 Adjusted EBITDA expected to range between $340 million and $360 million.
  • Commitment to expanding the fleet and optimizing LNG supply portfolio.
  • Pursuit of strategic investments in FSRU-based import terminals and downstream LNG infrastructure.
  • Focus on executing growth strategy to drive value creation for shareholders.
  • Maintenance Capex expected to range between $60 million and $70 million.

Headwinds

  • Actual results may differ materially from the Company's outlook due to various risk factors.
  • Unplanned issues, including time delays, unforeseen expenses, cost inflation, materials or labor shortages, could impact project timelines.
  • Competitive market for liquefied natural gas (LNG) regasification services may affect performance.
  • Changes in the supply and demand for LNG and natural gas, as well as price fluctuations, could impact results.
  • Geopolitical climate and international conflicts may introduce new risks and uncertainties.

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 Q4 2024

Historical avgQ4 2024

+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
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

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