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Jun 30, 2024
Excelerate Energy Q2 2024 Earnings Report
Excelerate Energy's financial performance for Q2 2024 was reported, featuring a net income of $33.3 million and raised full-year guidance.
Key Takeaways
Excelerate Energy reported strong financial and operational results for the second quarter of 2024, marked by a net income of $33.3 million and an adjusted EBITDA of $89.0 million. The company is also raising its full year guidance for Adjusted EBITDA to a range between $320 million and $340 million.
Reported Net Income of $33.3 million for the second quarter.
Reported Adjusted EBITDA of $89.0 million for the second quarter.
Signed a term sheet with ITECO Joint Stock Company to co-develop a greenfield LNG import terminal in northern Vietnam.
Declared a quarterly dividend of $0.025 per share, payable on September 5, 2024.
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
Excelerate is raising its full year guidance for Adjusted EBITDA. The Company now expects Adjusted EBITDA to range between $320 million and $340 million for the full year 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income