Lumida
/EE
⌘K
Excelerate Energy Inc

Excelerate Energy Inc

EE
$38.95USD↓-1.32%-0.52 today

MARKET CAP

4.4B

P/E (TTM)

31.7x

FWD P/E

21.3x

DAY RANGE

$39 – $40

52W RANGE

$21
$43

AI Summary

Stalk
Buy NowMedium

EE is in a Stage 2 advancing corrective reset within a clear long-term uptrend. Medium-term directional bias remains bullish, supported by an active Lockout Rally pattern despite an overbought option and RSI profile. Short-term conditions are extreme overbought, but the Lockout Rally override signals further urgency and justifies entering on a pullback into rising EMAs. Execution should focus on absorption at the 9- and 20-EMA support zone, recognizing moderate Stage Transition Risk toward Stage 3 if exhaustion deepens.

  • ↑Q1 2026 adjusted EBITDA reached $122M (+9% YoY) driven by asset optimizations
  • ↑Maintained 99.8% FSRU reliability, underscoring operational excellence
  • ↓Iraq LNG terminal delay to 2027 trims full‐year EBITDA guidance to $480–510M
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Excelerate Energy, Inc. (NYSE: EE) is a leading provider of liquefied natural gas (LNG) solutions, focusing on floating storage and regasification units (FSRUs) and downstream LNG infrastructure. With a diverse asset portfolio across four continents, Excellerate Energy is strategically positioned as a key player in the global energy landscape, especially as demand for LNG rises amidst ongoing shifts towards energy transition and security.

Bull says

  • ↑Q1 2026 adjusted EBITDA reached $122M (+9% YoY) driven by asset optimizations
  • ↑Maintained 99.8% FSRU reliability, underscoring operational excellence
  • ↑Q1 revenue rose to $200M (+6% sequentially) amid growing LNG demand
  • ↑Launched $75M buyback and $0.08/share quarterly dividend, signaling strong cash flow
  • ↑Net leverage at 1.5x on $1.3B debt funds disciplined growth
  • ↑Favorable LNG market dynamics with strong growth and positive momentum factors

Bear says

  • ↓Iraq LNG terminal delay to 2027 trims full‐year EBITDA guidance to $480–510M
  • ↓High capex of ~$200M for scaling projects pressures margins
  • ↓Weak profitability factors highlight challenges converting revenue into profit
  • ↓Elevated leverage risk with $1.3B debt (1.5x net leverage)
  • ↓Negative analyst revisions point to lower earnings expectations
  • ↓Geopolitical tensions add delivery uncertainty and cost overrun risks

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-12-2026neutral

Transcript signals

Bull points

  • as this LNG wave comes on in the US, I'd expect to see a good correlation to, you know, the LNG coming on to some of these opportunities as the, you know, the affordability of that long-term supply is able to displace the fuels in some of these markets in the region.
  • net income of $50 million, a sequential increase of $11 million, or up 28% as compared to the fourth quarter of 2025. Adjusted EBITDA for the first quarter was $122 million, up roughly 10 million, or up about 9%, versus the prior quarter. The net income and adjusted EBITDA increases were driven primarily by vessel optimization and higher LNG gas and power margins.
  • This updated outlook reflects careful planning, solid underlying fundamentals, and a continued focus on building durable, contracted earnings. Looking beyond 2026, the growth path through 2028 remains intact.

Bear points

  • We have revised our full year 2026 adjusted EBITDA and committed growth capital guidance to reflect the delayed startup of the integrated Iraq LNG import terminal. As Stephen described, this is a timing shift driven by the Middle East conflict.
  • we now expect 2026 committed growth capital to range between $270 million and $300 million, reflecting the deferral of certain Iraq-related construction activity into 2027.
  • Based on our current assessment, we expect the financial impact to be approximately $1 million per month while the Strait of Hormuz remains closed.
Read full transcript analysis ›