Excelerate Energy, Inc. Class A (EE)

Over the past six months, Excelerate Energy's stock price has experienced fluctuations. The 52-week high for the stock was $32.99, and the 52-week low was $21.29. As of October 22, 2025, the share price was $25.84, representing a 10.05% increase from October 23, 2024. Excelerate Energy reported strong second-quarter 2025 results, with adjusted EBITDA of $107.1 million, an increase from the prior year's second quarter, primarily due to the Jamaica acquisition. The company also raised its full-year 2025 Adjusted EBITDA guidance to a range of $420 million to $440 million and increased its quarterly cash dividend by approximately 33% to $0.08 per share. The completion of the acquisition of an integrated LNG and power platform in Jamaica was a significant strategic move, contributing meaningfully to earnings and strengthening the company's U.S. LNG supply portfolio. Excelerate Energy finalized a definitive commercial agreement with Iraq's Ministry of Electricity to develop the country's first LNG import terminal, with an estimated total investment of $450 million, including a five-year regasification and LNG supply contract and is expected to commence operations in 2026.

While most of Excelerate Energy's operations are conducted under long-term take-or-pay arrangements, seasonal weather can affect the demand for its services, particularly natural gas and LNG sales. The company manages these seasonal demand fluctuations by configuring its global operations to meet energy needs during the winters in both the northern and southern hemispheres. Changes in temperature and weather can influence power demand and the power generation mix in the regions served, thereby affecting the need for regasified LNG. The global demand for LNG, driven by energy security needs and the energy transition, also plays a significant role in the demand for Excelerate Energy's products and services.

Excelerate Energy, Inc. is a global provider of integrated LNG solutions, specializing in transforming global access to cleaner and more reliable energy. The company operates within the midstream LNG sector, focusing on Floating Storage and Regasification Units (FSRUs). The company's business model centers on providing flexible LNG solutions, primarily through owning and operating FSRUs. The company leases FSRUs for LNG storage and regasification, along with providing technical expertise and operational support. It also designs, develops, and operates LNG import terminals, related infrastructure, and pipeline networks. Furthermore, the company engages in the procurement, transportation, and sale of natural gas and offers a full range of flexible regasification services, infrastructure development, LNG supply, and power generation.

Excelerate Energy has a significant global presence, with regional offices in over 11 countries and operations spanning multiple continents. The company's operations and terminals are located in countries such as the United States, Brazil, Argentina, Israel, United Arab Emirates, Pakistan, Bangladesh, Finland, and Germany. Excelerate Energy is a major provider of regasified LNG in Argentina and Bangladesh, and one of the largest in Brazil and Pakistan, where it operates the largest FSRU in Brazil. The company is also actively evaluating and pursuing over twenty additional early-stage projects in the Middle East, Africa, Europe, Latin America, and Asia. Recently, Excelerate Energy signed an agreement to develop Iraq's first LNG import terminal at the Port of Khor Al Zubair, a project expected to commence commercial operations in 2026. In May 2025, Excelerate Energy completed the acquisition of an integrated LNG and power platform in Jamaica, including the Montego Bay and Old Harbour LNG terminals and the Clarendon combined heat and power plant.

Excelerate Energy has established a reputation as a pioneer and leader in the midstream LNG sector, particularly in the niche market for FSRUs. The company is recognized for providing flexible, rapid-to-market, and cost-effective LNG solutions. Delivering record full-year financial results in 2024 and reporting robust Q2 2025 results, along with raising full-year guidance, reinforces the company's operational excellence and business model strength. The acquisition of the integrated LNG and power platform in Jamaica and the agreement to develop Iraq's first LNG import terminal demonstrate the company's commitment to growth, energy security, and expanding its global footprint. The company's mission to provide cleaner, more affordable, and reliable energy contributes to a positive brand image.

Excelerate Energy, Inc. has a mixed ownership structure comprising institutional, individual, and retail investors. As of June 30, 2025, Excelerate Energy had 441 institutional owners holding a total of 39,310,319 shares. Key institutional shareholders include George Kaiser Family Foundation, Vanguard Group Inc, Wellington Management Group Llp and BlackRock, Inc. Excelerate Energy Holdings LLC is the largest individual shareholder, owning 82.02 million shares, representing 71.93% of the company. Approximately 33.37% of the company's stock is owned by Institutional Investors, 2.40% by Insiders, and 64.24% by Public Companies and Individual Investors.