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Stock impact report

Excelerate Energy Reports Strong Full Year 2023 Results and Announces New $50 Million Share Repurchase Program [Yahoo! Finance]

Excelerate Energy, Inc. Class A (EE) 
Last excelerate energy, inc. class a earnings: 2/27 07:50 am Check Earnings Report
US:NYSE Investor Relations: ir.epelectric.com/investor-relations
Company Research Source: Yahoo! Finance
RECENT HIGHLIGHTS Reported Net Income of $126.8 million for the full year 2023 and $20.0 million for the fourth quarter Reported Adjusted EBITDA of $346.8 million for the full year 2023 and $71.4 million for the fourth quarter Secured supply for previously announced Petrobangla SPA by executing a long-term contract to purchase 0.85 to 1.0 MTPA of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years, beginning January 2026 Authorized up to $50 million of Class A common stock repurchases through February 2026 Declared a quarterly dividend of $0.025 per share, payable on March 28, 2024 CEO COMMENT "Excelerate Energy delivered an exceptionally strong year of financial results in 2023. The consistent earnings contribution from our core regasification business and the solid performance of our contracts in Brazil highlighted the unique potential of our integrated strategy," said Steven Kobos, President and Chief Executive Officer of Excelerate. Kobos Show less Read more
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