Loading...
•
Sep 30, 2022
Excelerate Energy Q3 2022 Earnings Report
Reported strong financial results driven by the strength of its flexible business model amidst energy market disruption.
Key Takeaways
Excelerate Energy reported a net income of $37.3 million and an adjusted EBITDAR of $86.4 million for the third quarter of 2022. The company is successfully executing its strategy to deploy flexible LNG infrastructure and expand its reach in new and existing markets.
Reported Net Income of $37.3 million for the third quarter
Reported Adjusted Net income of $38.6 million for the third quarter
Reported Adjusted EBITDAR of $86.4 million for the third quarter
Finland charter hire commenced October 1st; winterization upgrades for the FSRU Exemplar are ongoing
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 increasing its full year 2022 guidance range. Adjusted EBITDA is now expected to range between $264 million and $274 million. In addition, the Company now expects full year 2022 Adjusted EBITDAR to range between $300 million and $310 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income