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Jun 30, 2022
Excelerate Energy Q2 2022 Earnings Report
Reported financial results for the second quarter ended June 30, 2022.
Key Takeaways
Excelerate Energy reported a net loss of $4.0 million, which included a one-time charge of $21.8 million related to the IPO-related FSRU acquisition. Adjusted net income, excluding this charge and IPO-related expenses, was $20.4 million. The company's adjusted EBITDAR for the quarter was $75.2 million.
Reported Net Loss of $4.0 million, reflecting an expected $21.8 million one-time charge for IPO-related FSRU acquisition
Adjusted Net Income, excluding the expected one-time charge and IPO-related restructuring expenses, was $20.4 million for the second quarter
Reported Adjusted EBITDAR of $75.2 million for the second quarter
Expanded downstream reach of planned Vlora Terminal project through gas sales MOU with Bulgaria’s Overgas
Excelerate Energy
Excelerate Energy
Excelerate Energy Revenue by Segment
Revenue by Segment
Terminal services Revenue
CapyFin.comLNG, gas and power Revenue
CapyFin.com Forward Guidance
The Company is reaffirming its prior guidance and expects Adjusted EBITDA to range between $249 million and $269 million for the full year 2022. In addition, the Company expects Adjusted EBITDAR to range between $285 million and $305 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income