Articles from Excelerate Energy, Inc.

Excelerate Energy, Inc. (NYSEEE) today announced that the Management team will host one-on-one investor meetings at the upcoming investor conferences:

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its fourth quarter and full year 2024 results on Wednesday, February 26, 2025, following the close of U.S. financial markets. The earnings release and presentation for the fourth quarter and full year 2024 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) today announced the appointment of Nisha D. Biswal to its Board of Directors (Board), effective January 21, 2025. Ms. Biswal will serve on the Audit and Nominating and Corporate Governance Committees.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) today announced that on December 28, 2024, the Company safely completed its 3,000th LNG ship-to-ship (STS) operation since the start of STS operations in 2007. The milestone was achieved onboard Excelerate’s floating storage and regasification unit (FSRU) Excellence which received a cargo delivery from Maran Gas Maritime Inc.’s liquified natural gas (LNG) carrier, the Maran Gas Asclepius, at the Moheshkhali Floating LNG (MLNG) terminal in Bangladesh.

Excelerate Energy, Inc. (NYSEEE) today announced that Steven Kobos, President and Chief Executive Officer, will host one-on-one investor meetings at the upcoming investor conference:

Excelerate Energy, Inc. (NYSEEE) today announced that the Management team will host one-on-one investor meetings at the Capital One Securities Energy Conference.

Excelerate Energy, Inc. (NYSEEE) today announced that the Management team will host one-on-one investor meetings at the 2024 Stephens Annual Investment Conference.

Excelerate Energy, Inc. (NYSEEE) (Excelerate or the Company) today reported its financial results for the third quarter ended September 30, 2024.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.06 per share of Class A common stock, representing a 140% increase from the prior quarter. The dividend payment with respect to the quarter ended September 30, 2024, is payable on December 5, 2024, to Class A common stockholders of record as of the close of business on November 20, 2024.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate” or the “Company”) today announced the election of Tyler D. Todd to its Board of Directors, effective October 10, 2024. Henry G. Kleemeier has retired from the Board effective October 9, 2024. Mr. Todd will serve on the Compensation and Nominating and Corporate Governance Committees.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its third quarter 2024 results on Wednesday, November 6, 2024, following the close of U.S. financial markets. The earnings release and presentation for the third quarter 2024 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate” or “Company”) is pleased to announce the addition of Ambassador (ret.) Peter D. Haas as a Strategic Advisor to the Company. Ambassador Haas retired from the U.S. Foreign Service on September 27 after 33 years of U.S. government service, most recently as Ambassador to Bangladesh. He will join Excelerate’s Washington DC office in October.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”), a leading provider of floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) solutions, and PetroVietnam Technical Services Corporation (PTSC), a subsidiary of Vietnam Oil and Gas Group (PetroVietnam) and the leading provider of oil & gas and industrial services in Vietnam, have signed a strategic partnership agreement to jointly study FSRU based technical solutions for LNG imports into Vietnam.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) has entered into an agreement with Wärtsilä Gas Solutions, part of technology group Wärtsilä, to purchase a reliquefaction system for retrofit installation onboard one of Excelerate’s floating storage regasification units (FSRUs). The equipment will be available to be installed on any of Excelerate’s existing vessels based on customer demand or for prospective LNG projects. The retrofit project will improve the environmental footprint of Excelerate’s FSRU operations by reliquefying boil-off gas and returning it back to the cargo tanks, thus reducing emissions and saving cargo at the same time. The system is also fitted with the latest technology and features to minimize maintenance and operational costs.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that it has published its 2023 Sustainability Report showcasing the Company’s global sustainability activities, environmental performance, and results from the calendar year 2023. The 2023 Sustainability Report, titled “Waves of Change: Embarking on a Sustainable Future,” highlights Excelerate's role in addressing global energy challenges by making LNG available to more people who need it worldwide while minimizing the environmental footprint of its operations, working safely, and building lasting relationships in the communities where it operates.

Excelerate Energy, Inc. (NYSEEE) today announced that it will participate in a Fireside Chat and host meetings with investors at the Barclays CEO Energy-Power Conference on September 3, 2024 in New York.

Excelerate Energy, Inc. (NYSEEE) (the Company or Excelerate) today reported its financial results for the second quarter ended June 30, 2024.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended June 30, 2024, of $0.025 per share of Class A common stock. The dividend is payable on September 5, 2024, to Class A common stockholders of record as of the close of business on August 21, 2024.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its second quarter 2024 results on Wednesday, August 7, 2024, following the close of U.S. financial markets. The earnings release and presentation for the second quarter 2024 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) announced today that management will participate in the following upcoming investor conferences:

Excelerate Energy, Inc. (NYSEEE) (the Company or Excelerate) today reported its financial results for the first quarter ended March 31, 2024.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended March 31, 2024, of $0.025 per share of Class A common stock. The dividend is payable on June 6, 2024, to Class A common stockholders of record as of the close of business on May 22, 2024.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its first quarter 2024 results on Wednesday, May 8, 2024, following the close of U.S. financial markets. The earnings release and presentation for the first quarter 2024 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) (the Company or Excelerate) today reported its financial results for the full year and fourth quarter ended December 31, 2023.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended December 31, 2023, of $0.025 per share of Class A common stock. The dividend is payable on March 28, 2024, to Class A common stockholders of record as of the close of business on March 13, 2024.

Excelerate Energy, Inc. (NYSEEE) today announced that it will participate at the upcoming investor conferences:

Excelerate Energy, Inc. (NYSEEE) (the Company or Excelerate) and QatarEnergy announced today the execution of a 15-year liquefied natural gas (“LNG”) Sales and Purchase agreement (“SPA”). Under the SPA, Excelerate has agreed to purchase up to 1.0 million tonnes per annum (“MTPA”) of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years, beginning January 2026. Excelerate will purchase 0.85 MTPA of LNG in 2026 and 2027 and 1.0 MTPA from 2028 to 2040.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its fourth quarter and full year 2023 results on Wednesday, February 28, 2024, following the close of U.S. financial markets. The earnings release and presentation for the fourth quarter and full year 2023 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) today announced that it will participate in a Fireside Chat and host meetings with investors at the Wells Fargo Midstream and Utilities Symposium on December 6 - 7, 2023 in New York.

Excelerate Energy, Inc. (NYSEEE) (the Company or Excelerate) today reported its financial results for the third quarter ended September 30, 2023.

Excelerate Energy, Inc. (NYSEEE) (Excelerate or the Company) today announced that it has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla). Under the SPA, Petrobangla has agreed to purchase 0.85 to 1.0 million tonnes per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning January 2026. Excelerate will deliver 0.85 MTPA of LNG in 2026 and 2027 and 1 MTPA from 2028 to 2040.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended September 30, 2023, of $0.025 per share of Class A common stock. The dividend is payable on December 13, 2023, to Class A common stockholders of record as of the close of business on November 28, 2023.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate” or the “Company”) announced today that the Company and Petróleo Brasileiro S.A. (“Petrobras”) signed a ten-year contract to charter the floating storage and regasification unit (“FSRU”) Sequoia. Under the Time Charter Party and Operation and Services Agreement (collectively, the “Agreement”), which will commence on January 1, 2024, Excelerate will continue to deploy the Sequoia to provide regasification services in Brazil, primarily at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that it has released its inaugural Sustainability Report, showcasing the Company’s global sustainability activities, environmental performance, and results from the calendar year 2022. The 2022 Sustainability Report, titled “Energizing Today, Empowering Tomorrow,” provides insight on how Excelerate Energy is improving the quality of life around the world through its flexible LNG solutions that provide energy security and accelerate the transition to a clean energy future.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its third quarter 2023 results on Wednesday, November 8, 2023, following the close of U.S. financial markets. The earnings release and presentation for the third quarter 2023 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) today announced that Dana Armstrong, Chief Financial Officer, will host one-on-one investor meetings at the upcoming investor conference:

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) today reported its financial results for the second quarter ended June 30, 2023.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended June 30, 2023, of $0.025 per share of Class A common stock. The dividend is payable on September 7, 2023, to Class A common stockholders of record as of the close of business on August 23, 2023.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its second quarter 2023 results on Wednesday, August 9, 2023, following the close of U.S. financial markets. The earnings release and presentation for the second quarter 2023 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) today announced that Steven Kobos, President and Chief Executive Officer, will host one-on-one investor meetings at the upcoming investor conference:

Excelerate Energy, Inc. (NYSEEE) today announced that Dana Armstrong, Chief Financial Officer, will host one-on-one investor meetings at the upcoming investor conference:

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) today reported its financial results for the first quarter ended March 31, 2023.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended March 31, 2023, of $0.025 per share of Class A common stock. The dividend is payable on June 8, 2023, to Class A common stockholders of record as of the close of business on May 24, 2023.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that it has completed the purchase of the floating storage regasification unit (FSRU) Sequoia for a purchase price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands. In March 2023, the Company closed on an amended and restated $600 million senior secured credit facility, consisting of a $350 million revolving credit facility and a $250 million term loan. Proceeds from the term loan and cash on hand were used to purchase the FSRU Sequoia.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its first quarter 2023 results on Wednesday, May 10, 2023, following the close of U.S. financial markets. The earnings release and presentation for the first quarter 2023 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) today reported its financial results for the fourth quarter and full-year ended December 31, 2022.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended December 31, 2022, of $0.025 per share of Class A common stock. The dividend is payable on April 27, 2023, to Class A common stockholders of record as of the close of business on April 12, 2023.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate” or “the Company”) announced today that it has entered into an amended and restated senior secured credit agreement (the “Credit Agreement”).

Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSEEE) announced today the extension of its Time Charter Agreement with Dubai Supply Authority ("DUSUP") for the FSRU Explorer. Prior to this agreement, the FSRU Explorer had a remaining firm charter period of approximately three years. Under the terms of the new agreement, the time charter period will be extended by an additional five years from the end of the existing contract in the fourth quarter of 2025.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) and Venture Global LNG announced today the execution of a 20-year LNG Sales and Purchase Agreement (SPA). Under the SPA, Excelerate will purchase 0.7 million tonnes per annum (MTPA) of liquefied natural gas (LNG) on a free on board (FOB) basis from the Plaquemines LNG facility in Plaquemines Parish, Louisiana.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its fourth quarter and full year 2022 results on Monday, March 27, 2023, following the close of U.S. financial markets. The earnings release and presentation for the fourth quarter 2022 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) today announced that Dana Armstrong, Chief Financial Officer, will host one-on-one investor meetings at the upcoming investor conference:

Excelerate Energy, Inc. (NYSEEE) (“Excelerate”) announced today that its floating storage and regasification unit (“FSRU”), the Exemplar, arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal. The FSRU Exemplar, which is chartered to Gasgrid Finland Oy (“Gasgrid”) for a period of ten years, will provide flexible, reliable, and secure delivery of regasified LNG to Finland and other Baltic countries.

Excelerate Energy, Inc. (NYSEEE) (the “Company”) today announced that Steven Kobos, President and Chief Executive Officer, will participate in a breakout session at the 2022 Wells Fargo 21st Annual Midstream & Utilities Symposium at 12:55 p.m. Eastern Time on December 7, 2022.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate” or “Company”) announces the formation of an International Strategic Advisory Council (“Council”) consisting of international experts who provide advice to the Company on global political, social, economic, and policy issues. The Council is composed of practitioners in the fields of academia, diplomacy, energy and climate policy, and political-military affairs who bring a wealth of experience and outside perspectives to inform the Company’s development strategy and decision making.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) today reported its financial results for the third quarter ended September 30, 2022.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended September 30, 2022, of $0.025 per share of Class A common stock. The dividend is payable on December 14, 2022 to Class A common stockholders of record as of the close of business on November 22, 2022.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate” or “Company”) announced today that Calvin (Cal) Bancroft will resign from his position as Executive Vice President and Chief Operating Officer on December 31, 2022. Mr. Bancroft will continue his employment with the Company as a Senior Advisor reporting to Steven Kobos, President and Chief Executive Officer, through September 30, 2023, at which point he is expected to retire. Consistent with the Company’s succession plan, David Liner, who currently serves as Vice President of Operations, will succeed Mr. Bancroft in the role of Executive Vice President and Chief Operating Officer as of January 1, 2023.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate”) and the Government of the Federal Republic of Germany signed a five-year contract today in Berlin to charter the floating storage and regasification unit (FSRU) Excelsior to help provide energy security and supply diversification to Germany while supporting the country’s transition to renewable energy.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its third quarter 2022 results on Wednesday, November 9, 2022, following the close of U.S. financial markets. The earnings release and presentation for the third quarter 2022 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate”) announced today that it has signed a binding Shipbuilding Contract (SBC) with Hyundai Heavy Industries Co., Ltd. (“HHI”) for a new floating regasification and storage unit (“FSRU”) to be delivered in June 2026. The FSRU will have a storage capacity of 170,000 m3 and a maximum regasification capacity of one billion standard cubic feet per day (1,000 MMscf/d).

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) announced today that on August 25, 2022, the Company and ENGIE (“ENGIE”) signed a term sheet for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany as it continues to seek alternatives to Russian pipeline gas supply.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate”) received the U.S. Ambassador to Argentina Marc Stanley and U.S. Ambassador to Pakistan Donald Blome to Excelerate’s floating storage and regasification units (FSRUs) in the same week earlier this month. The visits demonstrated high-level U.S. government support for Excelerate’s efforts to enhance energy security and liquefied natural gas (LNG) supply diversification throughout the globe.

Excelerate Energy, Inc. (NYSEEE) (the “Company”) today announced that Steven Kobos, President and Chief Executive Officer, will participate in a fireside chat at the Barclays CEO Energy-Power Conference at 3:35 p.m. Eastern Time on Wednesday, September 7, 2022.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate” or the “Company") today announced that it will attend and present at the Gastech Conference and Exhibition from September 5-8 in Milan, Italy. Excelerate executives will be at Exhibition Booth 13O41 throughout the conference to discuss the Company’s leading portfolio of flexible LNG infrastructure solutions and share its latest project developments around the world and business strategy.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) today reported its financial results for the second quarter ended June 30, 2022.

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSEEE) announced today that its Board of Directors (the “Board”) declared an inaugural quarterly cash dividend, with respect to the quarter ended June 30, 2022, of $0.025 per share of Class A common stock. The dividend is payable on September 7, 2022 to Class A common stockholders of record as of the close of business on August 19, 2022.

Excelerate Energy, Inc. (NYSEEE) (the "Company") will release its second quarter 2022 results on Wednesday, August 10, 2022, following the close of U.S. financial markets. The earnings release and presentation for the second quarter 2022 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate”) and Bulgaria’s Overgas Inc. AD (“Overgas”) announced today that the two Parties signed a Memorandum of Understanding (“MOU”), in Sofia, Bulgaria on July 14, 2022 relating to the sale of regasified liquefied natural gas (“LNG”) downstream of Excelerate’s planned Vlora LNG terminal in Albania.

Excelerate Energy, Inc. (NYSEEE) announced today that on July 5, 2022, its Board of Directors (the “Board”) increased its size from six to seven members and appointed Deborah Byers as a new independent director effective immediately. In addition, Ms. Byers will serve as Chairperson of the Audit Committee.

Excelerate Energy, Inc. (NYSEEE) today announced that Steven Kobos, President and CEO, and Dana Armstrong, Chief Financial Officer, will participate at the following upcoming investor conference:

Excelerate Energy, Inc. (NYSEEE) (the "Company" or “Excelerate”) today reported its financial results for the first quarter ended March 31, 2022.

Excelerate Energy, Inc. (NYSEEE) (“Excelerate”) and a subsidiary of Gasgrid Finland Oy (Gasgrid Finland) today signed a ten-year contract in Helsinki to charter a floating storage and regasification vessel (FSRU) that will provide flexible, reliable, and secure liquefied natural gas (LNG) to Finland, Estonia, and the Baltic Sea Region.

Excelerate Energy, Inc. (NYSEEE) (the "Company") will release its first quarter 2022 results on Tuesday, May 24, 2022, following the close of U.S. financial markets. The earnings release and presentation for the first quarter 2022 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Excelerate Energy, Inc. (NYSEEE) ("Excelerate" or the "Company") today announced that the Company and Excelerate Energy Limited Partnership (the "Borrower") have entered into a senior secured revolving credit facility (the "Facility"). The Facility enables the Borrower to borrow up to $350 million over a three-year term which expires in April 2025.