📈 Price History

Ratio Health

— Excellent

— Good

— Average

— Poor

By Category

📊 Sector Averages

About

Excelerate Energy, Inc. owns and operates liquefied natural gas (LNG) and natural gas infrastructure assets.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

See full financials →

📊 Quick Scorecard

Loading…

⭐ Superinvestors Holding EE

View All Superinvestors →

Manager	Shares	Value	% of Fund	Period
Jim Simons Renaissance Technologies LLC	285.5K	$9.5M	0.01%	Mar 2026
Steve Cohen Point72 Asset Management	28.9K	$966K	0.00%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Mixed → Stable 4 quarters analysed

Q2 2025

Mixed

'raised guidance to $420-$440 million', and described Jamaica assets as 'exceeding operational expectations', indicating strong performance and clear forward guidance.

Q3 2025

Mixed

adjusted net income $57M). They gave detailed updates on Iraq and Jamaica, showing transparency and confidence.

Q4 2025

Mixed

evidenced by detailed forward guidance ($515-545M 2026 Adjusted EBITDA), precise CapEx breakdowns ($220M remaining for vessel, $140-170M for terminal), and explicit claims like 'high confidence' and 'record performance'. Management provided concrete numbers and timelines throughout.

Q1 2026 latest

Mixed

backing claims with concrete numbers.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis remains largely unchanged after this call. While the Iraq delay is a near-term headwind, management demonstrated strong operational performance and rapid asset redeployment, mitigating the impact. The structural demand story for regas capacity is reinforced by the massive LNG supply wave, and Excelerate's fleet flexibility was highlighted with the quick Jordan contract. Key concern is the Iraq timeline uncertainty and lack of specific detail on new long-term opportunities. Next quarter watch for Iraq construction resumption timeline, progress on FSRU conversion contracts, and any further organic growth in Jamaica or other Caribbean markets.

AI-generated concall tone analysis · Updated 2026-06-08 · Not investment advice

🎙 Management Tone Mixed → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED Excelerate Energy delivered $122M adjusted EBITDA in Q1 2026 with 99.8% reliability.

Revenue & Profitability

For Q1 2026, Excelerate reported net income of $50 million, up 28% sequentially from Q4 2025. Adjusted EBITDA was $122 million, a 9% increase from the prior quarter, driven by vessel optimization and higher LNG gas and power margins. Revenue figures were not explicitly disclosed, but the improvement was partly attributed to the Jamaica acquisition.

Outlook

Management sees strong structural demand for regasification capacity due to 200 million tons of new LNG supply expected by the end of the decade. Long-term contracted LNG remains affordable, driving demand from price-sensitive markets. Near-term headwinds include geopolitical disruptions (Middle East conflict) and potential project delays, but these are viewed as temporary supply disruptions rather than demand destruction.

Growth Drivers

Key growth levers include the integrated Jamaica platform (growing gas volumes via new customer agreements), the delayed Iraq terminal (60-month contract expected to start in 2027), redeployment of the Express FSRU in 2027 at improved economics, and an FSRU conversion project for 2028. Geographically, growth is targeted in the Caribbean, South Asia, and East Asia.

Balance Sheet & CapEx

For 2026, committed growth capital guidance is revised to $270–$300 million, reflecting the deferral of Iraq-related construction into 2027. Maintenance CapEx remains unchanged at $100–$110 million. The FSRU conversion CapEx is not yet included; a letter of intent with Seatrium Shipyard has been signed, with final contracts pending. Adjusted EBITDA guidance for 2026 is $480–$510 million.

Margins

Not discussed in this earnings call. The transcript mentions higher LNG gas and power margins as a driver of EBITDA growth, but no specific margin percentages or trajectory were provided.

Key Risks

Risks flagged include the Middle East conflict (force majeure from QatarEnergy, estimated $1 million/month financial impact while Strait of Hormuz is closed) and the Iraq terminal delay due to logistical constraints from the conflict. Broader geopolitical uncertainty and potential project delays were also noted as near-term headwinds.

Generated by AI · Q1 2026 results · Not investment advice

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯

Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.

📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.