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Stock impact report

Excelerate Energy Posts Higher Quarterly, Annual Profit [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
United States-based liquefied natural gas (LNG) company Excelerate Energy Inc. has reported a net income of $46.1 million for the fourth quarter of 2024, compared to $45.5 million for the previous quarter. Excelerate Energy said its full-year net profit landed at $153 million, up from $126.8 million for 2023. The company attributed the increase to various charter rate increases and full-year earnings for the floating storage and regasification unit (FSRU) Excelsior, as well as lower depreciation expense driven by an update to the company's FSRU useful life assumption in the fourth quarter of 2023. These were partially offset by high operating costs related to scheduled maintenance in the fourth. “2024 was an exceptional year for Excelerate. We delivere Read more
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