Excelerate Energy, Inc.

Excelerate Energy, Inc. reported strong financial results for the second quarter and first half of 2026. Total revenues for Q2 2026 surged by 61% year-over-year to $329.3 million, while net income attributable to shareholders more than doubled to $12.1 million, resulting in diluted EPS of $0.37. The company also continued its share repurchase program and paid Class A dividends of $0.08 per share.

Excelerate Energy, Inc. reported strong financial results for the second quarter ended June 30, 2026, with Net Income reaching $50.1 million and Adjusted EBITDA at $120.1 million, both significantly higher year-over-year. The company also announced a 13% increase in its quarterly cash dividend to $0.09 per share. Strategically, Excelerate secured a seven-year agreement to redeploy its FSRU Express to Colombia and is advancing its first FSRU conversion project with the acquisition of the Methane Patricia Camila. Furthermore, the company raised its full-year 2026 Adjusted EBITDA guidance to a range of $490 million to $515 million, reflecting confidence in its operational performance and project pipeline.

Excelerate Energy reported a significant increase in total revenues for the first quarter of 2026, rising 37.6% to $433.4 million. However, net income decreased by 4.1% to $49.9 million, and basic earnings per share fell to $0.38 from $0.48 in the prior year. Net cash provided by operating activities also saw a substantial decline. The company also noted the delivery of its new floating regasification terminal, Excelerate Acadia, in Q2 2026.

Excelerate Energy reported strong first-quarter 2026 financial results with Net Income of $50.0 million and Adjusted EBITDA of $122.2 million, driven by vessel optimization and higher LNG, gas, and power margins. The company also announced a nine-month time charter agreement to deploy the FSRU Excelerate Acadia to Jordan. However, full-year 2026 Adjusted EBITDA and growth capital guidance were revised downwards due to the delayed startup of the Iraq terminal, now expected in 2027, attributed to ongoing conflict in the Middle East.