Excelerate Energy, Inc. (EE)
Excelerate Energy, Inc. is a worldwide supplier of versatile liquefied natural gas (LNG) solutions. The company's services are extensive, encompassing floating regasification, notably through its Floating Storage and Regasification Units (FSRUs), along with the development of crucial energy infrastructure. It also handles the procurement, supply, and distribution of both LNG and natural gas. Furthermore, Excelerate Energy offers LNG terminal operations, provides natural gas for power generation projects, and delivers a range of smaller-scale gas distribution systems. A key operational asset is an LNG terminal in Bahia, Brazil, which the company operates under a lease agreement. Founded in 2003, Excelerate Energy, Inc. is headquartered in The Woodlands, Texas, and functions as a subsidiary of Excelerate Energy Holdings, LLC, with Excelerate Energy, LLC serving as its general partner.
Sector: Natural Gas Distribution
Industry: Oil & Gas Midstream
Excelerate Energy, Inc.
NYSE:EEEnergy · Oil & Gas Midstream
+2.79%$32.40
AH Close$32.40+0.00%vs close
AH Close$32.40+0.00%vs close
Mkt Cap$1.02B
Float22.79M
O/S31.38M
Inst Own-
SI10.7%
Div Yield1.02%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.23B
Net Income$39.2M
Total Assets$4.13B
Free Cash Flow$277.02M
Debt & Equity
Debt 68%
Equity 32%
Total Debt$1.43B
Total Equity$682.48M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.13B
Liabilities$1.9B
Accounts Receivable$136.19M
Accounts Payable$46.57M
Inventory$27.07M
PP&E (Net)$2.3B
Goodwill$234.99M
Intangible Assets$359.22M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $1.23B | $851.44M | $1.16B | $2.47B | $888.55M | $430.84M | $544.4M |
| YoY Growth | 44.3% | -26.5% | -53.1% | 178.3% | 106.2% | -20.9% | - |
| Cost of Revenue | $832.85M | $443.36M | $746.56M | $2.21B | $688.15M | $254.65M | $334.93M |
| Gross Profit | $395.41M | $408.08M | $412.4M | $259.68M | $200.41M | $176.2M | $209.47M |
| Gross Margin | 32.2% | 47.9% | 35.6% | 10.5% | 22.6% | 40.9% | 38.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $94.49M | $0 | $0 | $66.1M | $47.09M | $42.94M | $35.51M |
| Other | $0 | $193.09M | $201.8M | $6.9M | $13.97M | $0 | $0 |
| Total Operating Expenses | $94.49M | $193.09M | $201.8M | $73M | $61.06M | $42.94M | $35.51M |
| Operating Income (EBIT) | $300.92M | $215M | $210.6M | $186.69M | $139.34M | $133.26M | $173.97M |
| Operating Margin | 24.5% | 25.3% | 18.2% | 7.5% | 15.7% | 30.9% | 32.0% |
| Interest Expense | $94.14M | $61.02M | $67M | $59.54M | $80.81M | $89.43M | $101.87M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$106.01M | -$35.86M | -$50.51M | -$78.36M | -$76.99M | -$86.43M | -$112M |
| Income Before Tax (EBT) | $194.91M | $179.13M | $160.09M | $108.32M | $62.36M | $46.83M | $61.97M |
| Income Tax Expense | $27.89M | $26.1M | $33.25M | $28.33M | $21.17M | $13.94M | $13.72M |
| Net Income | $39.2M | $32.88M | $30.41M | $26.27M | $41.12M | $38.75M | $54.83M |
| Net Income Margin | 3.2% | 3.9% | 2.6% | 1.1% | 4.6% | 9.0% | 10.1% |
| Supplementary Data | |||||||
| EPS | 1.31 | 1.29 | 1.16 | 3.05 | 1.72 | 1.59 | 2.25 |
| Diluted EPS | 1.28 | 1.27 | 1.16 | 3.05 | 1.72 | 1.59 | 2.25 |
| Weighted Average OS | 29.88M | 25.40M | 26.26M | 26.25M | 23.85M | 24.38M | 24.38M |
| EBITDA | $418.54M | $339.09M | $356.07M | $296.87M | $271.57M | $252.81M | $266.5M |
| EBITDA Margin | 34.1% | 39.8% | 30.7% | 12.0% | 30.6% | 58.7% | 49.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $541.47M | $537.52M | $555.85M | $516.66M | $72.79M | $90.24M | $56.32M |
| Short-Term Investments | $0 | $43.47M | $16.46M | $13.34M | $12.22M | $0 | $0 |
| Cash and Short-Term Investments | $541.47M | $580.99M | $572.32M | $530M | $85.01M | $90.24M | $56.32M |
| Accounts Receivable | $136.19M | $136.29M | $111.39M | $96.47M | $281.69M | $34.73M | $33.45M |
| Inventory | $27.07M | $23.93M | $2.95M | $173.6M | $105.02M | $22.35M | $5.24M |
| Other Current Assets | $4.63M | $2.61M | $2.65M | $2.61M | $2.5M | $8.02M | $0 |
| Total Current Assets | $753.37M | $754.28M | $699.61M | $823.53M | $490.39M | $167.77M | $99.62M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $2.3B | $1.62B | $1.65B | $1.53B | $1.54B | $1.62B | $1.56B |
| Goodwill | $234.99M | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $359.22M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $337.94M | $396.11M | $404.82M | $424.09M | $434.96M | $16.33M | $467.8M |
| Deferred Tax Assets | $25.22M | $27.56M | $42.95M | $39.87M | $939K | $0 | $0 |
| Other Long-Term Assets | $121.48M | $82.37M | $63.22M | $45.04M | $35.05M | $455.48M | $5.97M |
| Total Long-Term Assets | $3.38B | $2.13B | $2.16B | $2.04B | $2.01B | $2.09B | $2.03B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.13B | $2.88B | $2.86B | $2.87B | $2.5B | $2.26B | $2.13B |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $46.57M | $7.13M | $13.76M | $96.82M | $311.59M | $7.12M | $6.16M |
| Short-Term Debt | $83.33M | $55.74M | $50.95M | $28.57M | $26.14M | $35.55M | $92.05M |
| Current Income Tax Payable | $0 | $0 | $5.81M | $8.09M | $25.02M | $0 | $0 |
| Current Unearned Revenue | $57.13M | $58.19M | $27.17M | $144.81M | $9.65M | $0 | $9.93M |
| Other Current Liabilities | $96.19M | $3.12M | $6.07M | $3.7M | $12.47M | $26.09M | $44.97M |
| Total Current Liabilities | $310.06M | $216.1M | $203.76M | $391.51M | $520.16M | $192.18M | $158.59M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $1.06B | $448.71M | $505.06M | $374.17M | $405.59M | $661.57M | $626.27M |
| Long-Term Unearned Revenue | $29.2M | $27.72M | $29.1M | $32.95M | $14.45M | $0 | $4.75M |
| Long-Term Deferred Tax Liabilities | $64.65M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $150.9M | $134.27M | $123.3M | $112.77M | $37.93M | $54.14M | $59.08M |
| Total Long-Term Liabilities | $1.59B | $778.61M | $847.27M | $778.62M | $976.65M | $1.29B | $1.23B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.9B | $994.71M | $1.05B | $1.17B | $1.5B | $1.48B | $1.39B |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $117K | $108K | $108K | $108K | $1.14B | $902.1M | $863.75M |
| Retained Earnings | $102.64M | $72.32M | $39.75M | $12.01M | $0 | $0 | $0 |
| Comprehensive Income & Other | -$112K | $502K | $505K | $515K | -$15.94M | -$14.96M | -$9.53M |
| Other Stockholders' Equity | $579.72M | $415.56M | $465.58M | $465.24M | -$15.94M | -$14.96M | -$9.53M |
| Total Equity | $682.48M | $487.99M | $505.45M | $477.35M | $1.12B | $887.14M | $854.22M |
| Minority Interest | $1.55B | $1.4B | $1.3B | $1.22B | -$115.91M | -$115.98M | -$108.93M |
| Total Liabilities and Equity | $2.58B | $1.48B | $1.56B | $1.65B | $2.62B | $2.37B | $2.24B |
| Supplementary Data | |||||||
| Total Debt | $1.43B | $697.38M | $769.64M | $715.88M | $1.02B | $1.35B | $1.26B |
| Net Debt | $889.43M | $159.86M | $213.79M | $199.23M | $945.37M | $1.26B | $1.2B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $39.2M | $32.88M | $30.41M | $80M | $41.19M | $32.89M | $48.25M |
| Depreciation & Amortization | $129.49M | $98.94M | $128.99M | $129.01M | $128.4M | $116.55M | $102.67M |
| Deferred Income Tax | $3M | $3.82M | -$3.32M | $2.25M | -$966K | $408K | -$4.52M |
| Stock-Based Compensation | $0 | $7.23M | $0 | $956K | $0 | $0 | $950K |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $126.42M | -$24.58M | -$26.88M | $197.9M | -$247.17M | -$2.45M | $4.31M |
| Inventory | $0 | $0 | $169.66M | -$68.58M | -$82.67M | -$17.11M | $35.13M |
| Accounts Payable | $68.21M | -$25.29M | -$54.08M | $0 | $0 | -$16.74M | -$38.94M |
| Other Working Capital | -$53.27M | $24.52M | -$125.95M | -$144.04M | $303.27M | -$1.08M | $4.61M |
| Total Working Capital Change | $141.36M | -$25.34M | -$37.26M | -$14.72M | -$26.57M | -$37.39M | $5.11M |
| Other Non-Cash Items | $126.96M | $126.92M | $113.06M | $27.59M | -$439K | -$3.08M | $745K |
| Net Cash from Operating | $440.01M | $244.44M | $231.88M | $225.09M | $141.61M | $108.96M | $153.2M |
| Investing Activities | |||||||
| Capital Expenditures | -$162.99M | -$113.26M | -$312.74M | -$119.27M | -$36.09M | -$41.26M | -$47.47M |
| Acquisitions | -$1.02B | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $4.1M | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$1.18B | -$113.26M | -$308.63M | -$119.27M | -$36.09M | -$41.26M | -$47.47M |
| Financing Activities | |||||||
| Debt Repaid | -$582.48M | $74.21M | -$134.41M | $68.13M | $44.75M | $29.85M | $132.6M |
| Common Stock Issuance | $201.83M | $0 | $0 | $412.15M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$50M | -$52K | $0 | $0 | $0 | $0 |
| Dividends Paid | -$8.51M | -$25.9M | -$2.63M | -$5.41M | $0 | -$7.59M | -$650K |
| Other Financing Activities | -$31.46M | $1.08M | -$12.72M | $2.58M | -$79.35M | $6M | $6.7M |
| Net Cash from Financing | $744.34M | -$149.02M | $111.36M | $341.18M | -$124.1M | -$31.44M | -$126.55M |
| Forex Effect | -$597K | -$119K | -$121K | -$3.02M | $1.16M | $0 | $0 |
| Net Change in Cash | $1.34M | -$17.96M | $34.49M | $443.99M | -$17.41M | $36.27M | -$20.82M |
| Supplementary Data | |||||||
| Operating Cash Flow | $440.01M | $244.44M | $231.88M | $225.09M | $141.61M | $108.96M | $153.2M |
| Capital Expenditure | -$162.99M | -$113.26M | -$312.74M | -$119.27M | -$36.09M | -$41.26M | -$47.47M |
| Free Cash Flow | $277.02M | $131.18M | -$80.85M | $105.82M | $105.52M | $67.71M | $105.73M |
| Cash at Beginning | $540.13M | $572.46M | $537.97M | $75.28M | $92.7M | $73.27M | $94.09M |
| Cash at End | $541.47M | $554.5M | $572.46M | $519.27M | $75.28M | $109.54M | $73.27M |