Stock Track | Excelerate Energy Soars 13.87% on Stellar Q3 Results and Raised 2025 Outlook

Stock Track11-06

Shares of Excelerate Energy, Inc. (NYSE: EE) surged 13.87% in Thursday's intraday trading following the release of its impressive third-quarter results and an upgraded full-year outlook. The LNG infrastructure services provider delivered a strong performance that significantly surpassed analyst expectations across multiple financial metrics.

Excelerate Energy reported Q3 revenue of $391 million, beating the consensus estimate of $286.20 million by a wide margin. The company's adjusted earnings per share came in at $0.45, outperforming the expected $0.32. Additionally, Excelerate's adjusted EBITDA for the quarter reached $129.30 million, comfortably exceeding the analyst forecast of $112.50 million. The robust quarterly results were attributed to the full-quarter impact of its Jamaica operations and increased LNG, gas, and power sales opportunities.

In light of its strong performance, Excelerate Energy raised its full-year 2025 adjusted EBITDA guidance to a range of $435 million to $450 million. The company also announced the execution of an agreement for Iraq's first LNG import terminal, contributing to its strategic growth. Investors were further reassured by Excelerate's statement that it expects limited financial impact from Hurricane Melissa in Q4, thanks to comprehensive insurance coverage and timely restoration efforts. These positive developments have clearly resonated with investors, driving the stock's significant rally in Thursday's trading session.

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