Excelerate Energy reported a net income of $12.8 million and an Adjusted EBITDAR of $71.4 million for the first quarter of 2022. The company executed gas sales at the Northeast Gateway terminal in Boston harbor and completed its first full quarter of natural gas sales at the Bahia terminal in Brazil.
Reported Net Income of $12.8 million and Adjusted EBITDAR of $71.4 million for the first quarter
Executed gas sales at Northeast Gateway terminal in Boston harbor
Completed first full quarter of natural gas sales at the Bahia terminal in Brazil
Advanced Moheshkhali LNG expansion project in Bangladesh
For the full year 2022, the Company expects Adjusted EBITDA to range between $249 million and $269 million. In addition, the Company expects Adjusted EBITDAR to range between $285 million and $305 million.